Distress Property, Off-Plan, Ready To Move In

Distress Deal | AED 320,000 Below OP | Maldives Cluster, Damac Islands | 4BR Villa | AED 2,350,000

Ref: DPF-DAMACISLANDS-MALDIVES-4BR-2277-001

Damac Properties

DAMAC Islands, United Arab Emirates

Community: Damac Islands

Bedrooms

4

Down Payment

On Request

Handover Date

Dec-2028
aed 2,350,000
Request_call
Description

Distress Deal: Maldives Cluster, Damac Islands | 4BR Villa | ~AED 320,000 Below Original Price | AED 2,350,000

Distressed Resale | Original Price ~AED 2,670,000 | Selling Price AED 2,350,000 | 2,277 sq.ft | Damac Islands | Handover 31.12.2028

A distress deal in the Maldives Cluster at Damac Islands, developed by DAMAC Elite Investment Co. L.L.C. (DAMAC Properties) — a 4-bedroom villa of 2,277 sq.ft, selling at AED 2,350,000, approximately AED 320,000 below the original purchase price of approximately AED 2,670,000. Damac Islands is DAMAC Properties’ large-scale, tropical-island-themed master community in Dubailand, and the Maldives Cluster is one of its signature waterfront neighbourhoods, built around crystal lagoons, white-sand beaches, and resort-style amenities. Handover is expected on 31 December 2028.

Property Highlights

  • Project: Maldives Cluster, Damac Islands
  • Developer: DAMAC Elite Investment Co. L.L.C. (DAMAC Properties)
  • Location: Damac Islands, Dubailand, Dubai
  • Type: 4 Bedroom Villa
  • Size: 2,277 sq.ft
  • Original Price: Approximately AED 2,670,000
  • Selling Price: AED 2,350,000
  • Reduction from Original Price: AED 320,000 (~12%)
  • Price per sq.ft: Approximately AED 1,032/sq.ft
  • Expected Handover: 31 December 2028
  • Status: Distressed — Off-plan, under construction
  • Payment Plan: 80/20 (10% on booking, 70% during construction, 20% on handover)
  • USP: A 4-bedroom villa in DAMAC’s flagship island-themed master community at approximately AED 320,000 below original price

~AED 320,000 Below Original Price — Understanding This Distressed Sale

  • Original purchase price: Approximately AED 2,670,000 — the price originally paid by the current owner
  • Current selling price: AED 2,350,000 — the distressed asking price
  • The reduction: AED 320,000, or approximately 12% below the original price
  • Context: Damac Islands villas and townhouses launched from approximately AED 2.25–2.99 million depending on cluster, bedroom count, and phase, with the Maldives Cluster positioned as one of the community’s premium waterfront neighbourhoods. This unit’s original price reflects its villa specification, layout, and position within the cluster
  • What the buyer gains: by purchasing at AED 2,350,000, the buyer acquires a 4-bedroom villa in a signature DAMAC waterfront community at a price below the current owner’s own acquisition cost, effectively stepping into the project at a discount to prevailing resale and re-launch pricing
  • Buyers are encouraged to verify the original purchase price and current payment plan status as part of standard due diligence on any resale transaction

4-Bedroom Villa Living at Damac Islands

  • Private pool and garden — villas across Damac Islands’ clusters are designed with a private swimming pool, landscaped garden, and open living and dining spaces as standard features
  • Premium specification — homes across the community are finished with modern elevations, fully equipped kitchens, and premium specifications, with select villa typologies also featuring private lifts, home cinemas, and steam and sauna rooms
  • Indoor-outdoor living — the Maldives Cluster’s villa and townhouse designs emphasise open layouts, large windows, and spacious outdoor terraces, bringing natural light and a tropical, resort feel into everyday living
  • Family-oriented layout — a 4-bedroom configuration suits families seeking generous living space, with bedrooms typically spread to separate living and sleeping zones across the villa’s floors

2,277 Sq.ft — A Well-Proportioned 4-Bedroom Footprint

  • At 2,277 sq.ft, this villa sits within the entry range for 4-bedroom homes across Damac Islands’ themed clusters, where built-up areas for 4 and 5-bedroom townhouses and villas span from approximately 2,200 sq.ft upward depending on cluster and typology
  • The footprint supports a full 4-bedroom family layout with living and dining areas, a private pool, and outdoor garden space — well suited to both owner-occupation and rental appeal within a master-planned waterfront community

About the Maldives Cluster

The Maldives Cluster is one of the signature themed neighbourhoods within Damac Islands, DAMAC Properties’ large-scale master community in Dubailand. Inspired by the lush greenery, crystal-clear lagoons, and relaxed atmosphere of its namesake destination, the cluster offers 4 and 5-bedroom townhouses alongside 4, 6, and 7-bedroom villas, each designed with open layouts, large windows, and direct or near proximity to the community’s lagoons and beaches. The cluster forms part of a wider 30-million-sq.ft masterplan that integrates homes, resort-style amenities, and landscaped natural spaces into a single waterfront lifestyle destination.

Amenities

  • Crystal lagoons and white-sand beaches
  • Beach club and private beach access
  • Aqua Dome and kids’ aqua park
  • Wellness spa and outdoor gyms
  • Yoga and meditation spaces
  • Golf simulator and Mini Golf Island experience
  • Jogging and cycling trails
  • Retail boulevard with dining and shopping
  • Lagoon tour experiences and underwater dining concept
  • 24/7 security within a gated community

About Damac Islands

Damac Islands is a landmark master-planned development by DAMAC Properties spanning approximately 30 million sq.ft in Dubailand, offering 4 and 5-bedroom townhouses and 4 to 7-bedroom villas across six island-themed clusters: Maldives, Bora Bora, Fiji, Seychelles, Bali, and Hawaii. The community is positioned between Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311), with proximity to Al Qudra Road (D63), placing it within convenient reach of both central Dubai and Al Maktoum International Airport. The masterplan is designed around crystal lagoons, private and shared beaches, and a broad amenity package spread across all clusters.

Damac Islands Lifestyle and Connectivity

  • Six island-themed residential clusters within a single 30-million-sq.ft masterplan
  • Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311): direct access
  • Al Qudra Road (D63): nearby access
  • Downtown Dubai: approximately 25 minutes by car
  • Al Maktoum International Airport (DWC): within convenient reach
  • Community-wide amenities including lagoons, beach clubs, wellness facilities, and retail boulevards

Layout

This 4-bedroom villa in the Maldives Cluster spans 2,277 sq.ft. Published villa layouts across Damac Islands typically accommodate multiple bedrooms with en-suite bathrooms, open-plan living and dining areas, a fitted kitchen, a private swimming pool, and a landscaped garden or terrace. Exact room configuration and confirmed floor plan available on request.

Payment and Transfer

This is a distressed resale at AED 2,350,000, representing a reduction of AED 320,000 from the original purchase price of approximately AED 2,670,000.

  • Original Price: Approximately AED 2,670,000
  • Selling Price: AED 2,350,000
  • Status: Off-plan — under construction, expected handover 31 December 2028
  • Payment Plan: 80/20 — 10% booking, 70% during construction, 20% on handover
  • DLD Transfer Fee: Approximately 4% (c. AED 94,000), plus applicable developer NOC and registration fees for an off-plan resale
  • Remaining Payment Plan: Buyer to assume the remaining instalments under the original DAMAC payment plan; full schedule available on request
  • Mortgage: Subject to bank and developer policy on off-plan resale financing

Location and Connectivity

  • Emirates Road (E611): Direct access from Damac Islands
  • Sheikh Mohammed Bin Zayed Road (E311): Direct access from Damac Islands
  • Al Qudra Road (D63): Nearby access
  • Downtown Dubai: Approximately 25 minutes by car
  • Al Maktoum International Airport (DWC): Within convenient reach
  • Dubai International Airport (DXB): Approximately 35–40 minutes by car

Why Acquire This Unit at AED 2,350,000

  • AED 320,000 below original price — a meaningful discount on a 4-bedroom villa in one of DAMAC’s flagship waterfront communities
  • 2,277 sq.ft — a well-proportioned footprint for a 4-bedroom family villa with private pool and garden
  • Maldives Cluster, Damac Islands — a themed waterfront neighbourhood built around lagoons, beaches, and resort-style amenities
  • DAMAC Properties — one of Dubai’s most prominent luxury developers, with a large-scale track record across the UAE and internationally
  • Damac Islands’ community-wide amenities — lagoons, beach clubs, aqua park, wellness spa, retail boulevard, and more, shared across all six themed clusters
  • Freehold ownership available to all nationalities

Frequently Asked Questions (FAQs)

Is this really AED 320,000 below the original price?

The original purchase price for this unit was approximately AED 2,670,000. The current distressed selling price is AED 2,350,000 — a reduction of AED 320,000, approximately 12% below the original price. Buyers are encouraged to verify the original purchase documentation as part of standard due diligence.

What is the Maldives Cluster at Damac Islands?

One of six island-themed residential clusters within Damac Islands, DAMAC Properties’ master community in Dubailand. The Maldives Cluster offers 4 and 5-bedroom townhouses alongside 4, 6, and 7-bedroom villas, built around crystal lagoons and resort-style amenities.

When is handover expected?

Handover for this villa is expected on 31 December 2028. Buyers should confirm current construction progress directly with DAMAC or during the transaction process.

What is the payment plan?

Damac Islands villas typically operate on an 80/20 payment plan: 10% on booking, 70% during construction, and 20% on handover. The buyer of this resale unit will assume the remaining payment obligations under this plan; the current payment progress is available on request.

Does this qualify for a UAE Golden Visa?

At AED 2,350,000, this purchase is above the AED 2,000,000 threshold for the 10-year UAE Golden Visa through real estate investment, in addition to qualifying for the 2-year UAE residency visa.

Is this property freehold?

Yes. Damac Islands is located in a designated freehold zone in Dubai. Available to all nationalities with full ownership rights.

What are the transfer costs?

Approximately 4% DLD transfer fee (c. AED 94,000 on AED 2,350,000), plus applicable developer NOC and registration fees for an off-plan resale.

What amenities are included?

Residents of Damac Islands have access to crystal lagoons, private and shared beaches, a beach club, an Aqua Dome, a wellness spa, fitness facilities, a golf simulator, jogging trails, and a retail boulevard, shared across the community’s six themed clusters.

Can I view a show villa?

Please contact us to arrange a viewing or to discuss the current construction status and available show villas at Damac Islands.

Floor Plan

This 4-bedroom villa in the Maldives Cluster at Damac Islands spans 2,277 sq.ft. Published villa layouts across Damac Islands typically accommodate multiple en-suite bedrooms, an open-plan living and dining area, a fitted kitchen, a private swimming pool, and a landscaped garden. Exact room configuration and confirmed floor plan available on request.

Payment_Plan

MilestonePayment%
Down_PaymentOn Request

Features

2277 sqft
2277 sqft
24x7 Security
24x7 Security
31.12.2028 Handover
31.12.2028 Handover
320K Below Original Price
320K Below Original Price
4 Bedroom Villa
4 Bedroom Villa
DAMAC Developer
DAMAC Developer
Damac Islands
Damac Islands
DAMAC Properties
DAMAC Properties
Distressed Sale
Distressed Sale
Downtown Dubai
Downtown Dubai
Gym
Gym
kids play area
kids play area
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
Private Pool
Private Pool
RETAIL OUTLETS
RETAIL OUTLETS
Swimming Pool
Swimming Pool
Waterfront Community
Waterfront Community

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Every listing on DistressPropertyFinder is individually verified against Dubai Land Department (DLD) SPA/SOP records before publication. DistressPropertyFinder is a specialist Dubai portal for secondary-market distress and below-market resale. We do not publish developer primary stock. Read our full verification methodology.