4BR Townhouse in Maldives Cluster, DAMAC Islands at AED 2,150,000 - 21.1% Below OP (Bulk 4 Units)

Property Overview

A 4-bedroom townhouse in the Maldives Cluster at DAMAC Islands (formerly DAMAC Lagoons), Dubailand. The asking price is AED 2,150,000 per unit for a stated built-up area of 1,550 sqft, equalling AED 1,387 per sqft. The original purchase price was AED 2,726,560, placing this unit at a 21.1% discount with a saving of AED 576,560. There are 4 units available at this price.

Property Highlights

• Type: 4-bedroom townhouse
• Size: 1,550 sqft (agent-stated; see size note below)
• Asking price: AED 2,150,000 per unit
• Original price: AED 2,726,560
• Saving: AED 576,560 (21.1%)
• Rate: AED 1,387 per sqft
• Units available: 4
• Developer: DAMAC Properties

Why the Price Qualifies as Below OP

The agent states the original purchase price was AED 2,726,560 per unit. The asking price of AED 2,150,000 represents a saving of AED 576,560, equal to 21.1% off the original price. Calculation: 576,560 divided by 2,726,560 equals 21.15%, rounded to 21.1%.

DLD transaction records for 4-bedroom townhouses in the Maldives sub-clusters show prices ranging from AED 2,100,000 to AED 3,213,000, all for units of 2,194 sqft. The asking price of AED 2,150,000 sits near the lower end of the DLD transaction range. However, the agent-stated size of 1,550 sqft is materially different from the 2,194 sqft recorded in DLD for 4BR units. This size discrepancy means the per-sqft rates are not directly comparable between the agent-stated unit and DLD-recorded transactions.

Size Discrepancy Note

The agent states the built-up area as 1,550 sqft. DLD transaction records consistently show 4-bedroom townhouses in the Maldives cluster at 2,194 sqft. This is a significant difference of 644 sqft. Possible explanations include a different unit type or layout within the cluster, a different measurement basis, or an error in the brief. Buyers should verify the exact built-up area against the SPA and floor plan before proceeding. If the actual size is 2,194 sqft, the rate per sqft at the asking price would be AED 980, and the saving against the stated OP would need recalculation if the OP also corresponds to a different size.

About DAMAC Islands

DAMAC Islands, formerly known as DAMAC Lagoons, is a master-planned lagoon community developed by DAMAC Properties in Dubailand, Dubai. The development features island-themed residential clusters including Maldives, Fiji, Bora Bora, Bali and Seychelles. The community centres around crystal lagoons with white sand beaches and water sports facilities.

The Maldives cluster is one of the largest within DAMAC Islands with 199 townhouse listings on Property Finder. The wider development offers townhouses from 4 to 5 bedrooms. Property Finder shows delivery dates ranging from Q4 2028 to Q2 2029 across the development, though specific cluster timelines may vary.

Amenities and Facilities

DAMAC Islands features crystal lagoons, white sand beaches, water sports facilities, swimming pools, fitness centres, parks and green spaces, children play areas and retail and dining options. The lagoon-based design provides a resort-style living environment within a suburban community setting.

Location and Connectivity

Dubailand is a developing area in southern Dubai, accessible via Sheikh Mohammed Bin Zayed Road and Emirates Road. The area is growing with new residential communities and commercial developments, and offers access to Dubai Sports City, Motor City and Arabian Ranches.

Bulk Availability

The agent states 4 units are available at the asking price of AED 2,150,000 each. This represents a bulk opportunity for investors or buyers looking for multiple units in the same cluster. Each unit carries the same saving of AED 576,560 (21.1%) against the stated original price.

Verification Notes

The asking price, original price, size (1,550 sqft), bedroom count and availability of 4 units are from the agent brief. The 21.1% discount and AED 576,560 saving are calculated figures. The agent-stated size of 1,550 sqft differs significantly from the DLD-recorded 2,194 sqft for 4BR townhouses in the Maldives cluster; this must be verified against the SPA. DLD 4BR transactions range from AED 2,100,000 to AED 3,213,000. The agent did not specify a handover date or payment plan; Property Finder shows Q4 2028 to Q2 2029 delivery across DAMAC Islands. Buyers should verify the size, original price, specific sub-cluster, handover date and remaining payment obligations.