4-Bedroom Townhouse in Maldives, DAMAC Islands – 6.9% Below Original Price

Property Overview

This 4-bedroom off-plan townhouse in the Maldives cluster of DAMAC Islands, Dubailand, is offered at AED 2,350,000 against an original price of AED 2,525,000. That is AED 175,000, or 6.9%, below the original price. The back-to-back townhouse has a stated plot of 1,550 sq ft, a laundry room and storage, and is due for handover in Q4 2028.

Property Highlights

• Asking price: AED 2,350,000
• Original price: AED 2,525,000
• Saving: AED 175,000 (6.9% below original price)
• Bedrooms: 4
• Type: Back-to-back townhouse
• Plot size: 1,550 sq ft (agent-stated, unit to be confirmed)
• Laundry room and storage
• Handover: Q4 2028 (agent-stated)
• Status: Off-plan resale

Why the Price Qualifies as Below Original Price

The agent supplied an original purchase price of AED 2,525,000 and an asking price of AED 2,350,000. DPF calculated the difference as AED 175,000, which is 6.9% of the original price. This matches the agent's figure of 6.9% below OP. The original price is as stated by the agent and should be checked against the seller's SPA or Oqood registration before any payment.

The brief gives a plot figure but no built-up area, so a price per square foot of living space cannot be calculated. On the stated plot the rate is about AED 1,516 per sq ft, which should not be compared with built-up-area rates for other townhouses.

About DAMAC Islands

DAMAC Islands is a villa and townhouse community by DAMAC in Dubailand, Dubai. DAMAC describes it as inspired by six tropical island destinations, with clusters themed on places such as the Maldives and Seychelles. The master plan covers around 5,900 homes. Published amenities include a central fountain hub, lagoon waterfalls, a jungle river, an aqua park and water-play areas. Buyers should confirm the final amenities and service charges with DAMAC.

Layout and Features

The agent confirms four bedrooms, a back-to-back layout, a laundry room and a storage room. Back-to-back townhouses share a rear wall with the neighbouring unit rather than having a rear garden. Built-up area, bathrooms, maid's room, parking and the exact unit position were not supplied and are not assumed.

Payment Plan and Handover

The agent gives an expected handover of Q4 2028. The amount already paid, the outstanding balance and the remaining instalment schedule were not supplied. In an off-plan resale the buyer normally reimburses the seller's paid amount and takes over the remaining payments to the developer. Ask for DAMAC's statement of account and confirm the handover date and any transfer requirements before committing.

Location and Connectivity

DAMAC Islands is in Dubailand, which is served by Sheikh Mohammed Bin Zayed Road and Al Qudra Road. Travel times depend on the cluster's final access roads and traffic, so no specific minutes or distances are quoted.

Verification Notes

• Agent-supplied facts: Maldives cluster, DAMAC Islands, 4-bedroom back-to-back townhouse, 1,550 plot, laundry and storage, handover Q4 2028, original price AED 2,525,000, asking price AED 2,350,000.
• DPF calculations: AED 175,000 saving, 6.9% below original price and approximately AED 1,516 per sq ft of stated plot.
• External research: community location, island theme and headline amenities from DAMAC's official DAMAC Islands page.
• Not supplied: built-up area, unit of the plot figure, bathrooms, parking, amount paid, outstanding balance and payment schedule.