Damac Islands - Fiji 1
Off-Plan

Damac Islands - Fiji 1

From AED 3.93M·Handover Dec 2028·20% down payment Payment
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AED 3.93M
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
5 BR · Townhouse
Type

Project Overview

Damac Islands - Fiji 1 is a residential cluster by DAMAC Properties within the Damac Islands project, combining a residential environment with a resort-style atmosphere and waterfront infrastructure. The project is designed for a calm and private lifestyle surrounded by landscaped and recreational spaces. The architecture of the residences is characterized by a light façade palette, panoramic glazing, and contemporary geometric volumes. Vertical elements and open spaces emphasize the dynamic and visually light appearance of the complex. The collection features townhouses with four and five bedrooms, as well as villas with six and seven bedrooms. Interiors are designed in a contemporary aesthetic using natural materials, soft textures, and light shades. The finishes combine stone, glass, and warm decorative accents, creating a comfortable and harmonious atmosphere. The project infrastructure includes lagoons and water spaces, walking routes, fitness and yoga areas, an aqua park, mini golf, lounge spaces, and recreational waterfront zones. Sports City, Motor City, and DAMAC Hills are located approximately 15 minutes away, Expo 2020 Venue — 20 minutes, Al Maktoum International Airport — 23 minutes, Dubai International Airport — 28 minutes, while Burj Al Arab and Dubai Investment Park are around 30 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Islands
Unit Types5 BR, Townhouse
AreaDamac Islands
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 169,580 / year
Cash-on-Cash
2.2%
Levered cashflow AED 39,890
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 255,450 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Damac Islands - Fiji 1 launch basis4,367AED 3.93MCurrent launch / asking basis
Damac Islands ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Islands premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Aqua Park
BBQ
Broadband Internet
Dining outlets (coffee houses & restaurants)
Fitness Zone
Floating deck with sunbeds
Fountain
Gaming Lounge
Gondola Paddling
Jogging tracks
Lagoon
Landscape Open Areas
Leisure areas
Lift
Lounge
Mini Golf
Park Access
Parking
Pet Garden
Pool Deck
Private pool
Recreational areas
Resting Areas
Retail outlets
SPA
Sikkas
Sitting Area
Social zone
Sports ground
Storage Areas
Walking paths
Waterfall
Yoga Area

Location

Damac Islands

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac IslandsDamac IslandsDubai, UAE

Developer Track Record

01

Damac Islands - Fiji 1 by Damac Properties

02

Located in Damac Islands

03

Starting from AED 3,930,000

04

Unit mix includes 5 BR, Townhouse

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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