Maldives 5 is a residential development by Damac Properties located within the DAMAC Islands community in Dubai Land. The project offers island-inspired living with a focus on waterfront access and family-friendly amenities.
Situated in Dubai Land, the development provides access to beaches, promenades, and landscaped green spaces. The community is designed with walking and cycling trails, alongside facilities for water sports and marina access.
The project comprises 4- and 5-bedroom townhouses (ranging from 2,208 to 3,178 sq ft) and 6- to 7-bedroom villas (4,440 to 17,079 sq ft). Units include smart home technology, private elevators, and outdoor spaces. Starting prices begin at AED 2,341,000.
Residents have access to private beaches, swimming pools, fitness centers, yoga studios, spa facilities, and dining options. The development features tennis courts, sports facilities, children's play areas, and 24/7 concierge services. Nearby golf courses are also available.
Maldives 5 is offered on a freehold basis. The payment plan consists of 20% down payment, 55% during construction, and 25% on handover.
Maldives 5 by Damac Properties in Dubai Land, Dubai is scheduled for handover in Q4 2028 (October–December 2028). Construction is estimated at ~25% based on the developer's reported phase.
The headline payment plan for Maldives 5 is 20/55/25 (2 options available). See the full breakdown of booking, construction and post-handover instalments in the Financials tab.
Maldives 5 offers 4 unit types:
Estimated gross rental yield: 7% p.a., benchmarked against current Dubai Land rental data. Entry pricing works out to AED 137 – 1,060 per sqft, with estimated capital appreciation of 11% to handover.
~25% — estimated from construction phase.