Damac Islands - Maldives 3 — project image
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Damac Islands - Maldives 3

From AED 4.09M·Handover Dec 2028·20% down payment Payment
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AED 4.09M
Starting Price
Dec 2028
Handover
20% down payment
Payment Plan
5 BR · Townhouse
Type

Project Overview

Damac Islands - Maldives 3 is Damac's luxury development located in the eponymous community of Damac Islands. The development combines natural beauty, first-class amenities and a prime location to create a unique lifestyle in Dubai. The project includes a collection of 4-5 bedroom townhouses with spacious interiors, modern kitchens and private gardens, as well as six-bedroom villas with private pools, home theaters and relaxation areas. Each home features a contemporary design combining large open spaces with cozy secluded nooks. Damac Islands - Maldives 3 offers access to exclusive recreational and active amenities including private beaches, infinity pools, jogging and biking trails, marina with yacht club, fitness center, restaurants, housekeeping services and relaxation areas. These amenities provide a comfortable quality of life, making each day unique and enjoyable. The strategic location of the complex allows residents to quickly access the key business and entertainment centers of the city. Dubai Investment Park can be reached in just 18 minutes, Expo 2020 Venue in 20 minutes, and Al Maktoum and Dubai International Airport are no more than 28 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Islands
Unit Types5 BR, Townhouse
AreaDamac Islands
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 176,354 / year
Cash-on-Cash
2.2%
Levered cashflow AED 41,483
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 1.88M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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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

Published payment summary

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Amenities & Lifestyle

Dining outlets (coffee houses & restaurants)
Infinity pool
Jogging tracks
Kids Play Area
Landscaped park
Leisure areas
Private beach access
Recreational areas
Shared gym & fitness
Walking paths

Location

Damac Islands

Nearby Destinations

Damac Islands

Developer and Project Facts

01

Damac Islands - Maldives 3 by Damac Properties

02

Located in Damac Islands

03

Starting from AED 4,087,000

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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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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