5-Bedroom Villa in Maldives 1, DAMAC Islands – Below Original Price

Property Overview

This 5-bedroom villa in Maldives 1, DAMAC Islands, is offered at AED 13,900,000 against an agent-stated original purchase price of AED 14,035,000, a saving of AED 135,000 (1.0%). The villa has a built-up area of 10,890 sq ft on a 7,951 sq ft plot, working out to approximately AED 1,276 per sq ft of built-up area.

Property Highlights

• Asking price: AED 13,900,000
• Original purchase price (agent-stated): AED 14,035,000
• Saving versus OP: AED 135,000 (1.0%)
• Built-up area: 10,890 sq ft
• Plot size: 7,951 sq ft
• Price per sq ft (BUA): approx. AED 1,276
• Type: 5-bedroom villa
• Cluster: Maldives 1, DAMAC Islands

Why the Price Qualifies as Below OP

The benchmark is the seller's original purchase price of AED 14,035,000, supplied in the agent brief on 1 October 2026. The asking price of AED 13,900,000 is AED 135,000 lower, which is 1.0% of the original price. Dividing the asking price by the 10,890 sq ft built-up area gives approximately AED 1,276 per sq ft.

This is a small discount relative to the transaction costs. The brief does not say the seller covers the Dubai Land Department transfer fee, and at the standard 4% rate that fee would be about AED 556,000, which is several times larger than the saving against the original price. Buyers should weigh the total acquisition cost against current resale prices for comparable DAMAC Islands villas.

About the Project, Developer and Community

DAMAC Islands is an island-themed villa and townhouse community by DAMAC Properties in Dubailand, with clusters named after tropical destinations. The Maldives cluster is designed around lagoon-style water features, landscaped greenery and resort-inspired outdoor spaces. DAMAC Islands is an off-plan master community, so buyers should confirm the construction progress and handover schedule for Maldives 1 with DAMAC.

Layout and Plot

The agent gives a built-up area of 10,890 sq ft on a 7,951 sq ft plot. A built-up area larger than the plot is consistent with a multi-level villa. The villa type, bathroom count, pool, orientation, view and parking were not supplied and should be confirmed from the floor plan and SPA.

Payment Plan and Handover

The brief does not state the handover date, the amount already paid to DAMAC or the remaining instalments. On a purchase of this size, the paid amount and remaining balance substantially affect how much cash a buyer needs at transfer. Confirm these against the Sale and Purchase Agreement and DAMAC's statement of account before committing.

Location and Connectivity

DAMAC Islands sits in the Dubailand area with road access from the Sheikh Mohammed Bin Zayed Road (E311) and Emirates Road (E611) corridors. Actual travel times depend on traffic and route.

Verification Notes

• Agent-supplied facts: cluster, bedrooms, property type, BUA, plot, original price and asking price.
• Calculated by DPF: saving amount, saving percentage, price per sq ft and indicative 4% DLD fee.
• External research: community facts from published DAMAC Islands information; a 10,890 sq ft 5-bedroom villa type in Maldives 1 appears in published listings.
• Not verified: the original price, availability, handover date and paid amount. Confirm against the SPA and DAMAC records before any payment.