Maldives At Damac Islands in Dubai Land
Maldives At Damac Islands · Dubai Land, Dubai
Get Directions
Launch Price
AED 2.41M
Property Type
Mixed-Use
Bedrooms
Various
Payment Plan
20/55/25
Handover
Q4 2028
Projected Yield
5.8 to 8.1%
Maldives At Damac Islands is an off-plan multiple/other project in Dubai Land, Dubai, with units starting from AED 2.41M. The payment plan is 20/55/25: 20% secures the unit, 55% is paid during construction, and 25% falls due at handover in Q4 2028. Gross rental yield is projected 5.8 to 8.1% annually, reflecting typical market returns for this property type and location. MonthlyDubai can match you with Maldives At Damac Islands and similar projects across Dubai based on your monthly instalment. Free, no agency fees.
Payment Plan Breakdown
From AED 40,117/month during construction · No mortgage required
| Phase | % | Split | Amount |
|---|---|---|---|
| On Booking | 20% | AED 481,400 Due on signing SPA |
|
| During Construction | 55% | AED 40,117/mo 33 monthly instalments |
|
| On Handover | 25% | AED 601,750 Due at Q4 2028 |
|
| Total | AED 2,407,000 | ||
On Booking
20%
AED 481,400
Due on signing SPA
During Construction
55%
AED 40,117/mo
33 monthly instalments
On Handover
25%
AED 601,750
Due at Q4 2028
Total
100%
AED 2,407,000
Questions about Maldives At Damac Islands
What payment plan does Maldives At Damac Islands offer?
Maldives At Damac Islands uses a 20/55/25 payment plan. Buyers pay 20% at booking, with the remaining spread across construction and handover in Q4 2028.
Can I buy this project without a mortgage?
Yes. Dubai off-plan developer payment plans do not require bank approval or a mortgage. You pay instalments directly to the developer on a fixed schedule through to handover.
Is this project registered with RERA?
MonthlyDubai only matches buyers with RERA-registered off-plan projects. All funds are held in government-supervised escrow accounts and released only as construction milestones are verified.
How do I find out if this fits my monthly budget?
Use the form on this page. Enter your monthly instalment capacity and WhatsApp number, and the MonthlyDubai team will confirm whether Maldives At Damac Islands fits your budget and send you comparable alternatives.
Get Free Property Matches
Enter your monthly budget and we send qualifying projects straight to your WhatsApp. Free, no agency fees.