Dubai Market Data

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Public records · Dubai Land Department

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DAMAC ISLANDS - MALDIVES 1

Not started

Developed by DAMAC ELITE INVESTMENT CO. L.L.C. Located in Al Yelayiss 1.

Construction progress0%Official DLD record
Units0Registered units
Registered sales42021 in the last 12 months
Median sale priceAED 2.59MMedian of registered salesAED 1,563/sqft

Registry record

Project number
3388
Name on the register
داماك ايلاندز - مالديفز 1
Developer
DAMAC ELITE INVESTMENT CO. L.L.C
Master developer
شركة داماك ايليت للاستثمار ذ.م.م
Escrow agent
EMIRATES NBD BANK (P.J.S.C)
Zoning authority
Dubai Development Authority (DDA)
Master project
Not recorded
Start date
23 Mar 2025
Expected completion
31 Dec 2028
Actual completion
Not recorded
Cancelled
Not recorded
Plots
396
Progress
0%

Project consists of 397 Nos of B+G+2, G+2 and G+1 Townhouses and Villas located in Al Yalayis 1, Dubai. The units are designed to have a concrete structure and block with internal and external finishes.

Sales evidence

Median size
1,550 sqft
Median price per sqft
AED 1,563/sqft
Total value transacted
AED 1.60B
Off-plan vs ready
0 off-plan · 420 ready
First sale
3 Feb 2025
Latest sale
5 Oct 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
9 Oct 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,439/sqftAED 2,230,000
5 Oct 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,552 sqftAED 1,562/sqftAED 2,424,000
25 Sept 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified2,865 sqftAED 1,535/sqftAED 4,395,840
7 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,564/sqftAED 2,424,000
6 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,552 sqftAED 1,353/sqftAED 2,100,000
17 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,548/sqftAED 2,400,000
6 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,670/sqftAED 2,588,000
2 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,484/sqftAED 2,300,000
29 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,669/sqftAED 2,588,000
11 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified7,866 sqftAED 1,781/sqftAED 14,009,000
4 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,842/sqftAED 2,855,800
28 Apr 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,355/sqftAED 2,100,000
1 Apr 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified2,417 sqftAED 1,406/sqftAED 3,400,000
2 Feb 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,806/sqftAED 2,800,000
7 Jan 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,658/sqftAED 2,570,000
6 Jan 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,551 sqftAED 1,631/sqftAED 2,530,000
15 Dec 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified2,476 sqftAED 1,370/sqftAED 3,393,000
25 Nov 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,581/sqftAED 2,450,000
3 Nov 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,669/sqftAED 2,588,000
24 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,759/sqftAED 2,726,560
24 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,552 sqftAED 1,757/sqftAED 2,726,560
16 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,670/sqftAED 2,588,000
9 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
6 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,640/sqftAED 2,543,149
6 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 1LandOther · Existing PropertiesNot specified1,550 sqftAED 1,640/sqftAED 2,543,149

Source: Dubai Land Department open data, retrieved from the Digital Dubai data.dubai platform. Figures cover registered transactions and Ejari-registered tenancy contracts, and are statistical summaries of public record — not a valuation of any individual property. Registration data can be amended or backdated by the source after first publication. Refresh times vary by dataset; records shown here are not a live feed.