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DAMAC ISLANDS - MALDIVES 2

Not started

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

Construction progress0%Official DLD record
Units0Registered units
Registered sales38610 in the last 12 months
Median sale priceAED 2.42MMedian of registered salesAED 1,553/sqft

Registry record

Project number
3437
Name on the register
داماك ايلاندز - مالديفز 2
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
379
Progress
0%

Project consists of 380 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 1,553/sqft
Total value transacted
AED 1.37B
Off-plan vs ready
0 off-plan · 386 ready
First sale
3 Feb 2025
Latest sale
29 Jul 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
29 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified4,844 sqftAED 1,177/sqftAED 5,700,000
22 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
5 May 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified775 sqftAED 1,688/sqftAED 1,308,420
29 Dec 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
10 Dec 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified2,364 sqftAED 1,561/sqftAED 3,690,000
1 Dec 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified2,364 sqftAED 1,354/sqftAED 3,200,000
24 Nov 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,709/sqftAED 2,650,000
28 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
15 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,553/sqftAED 2,407,000
16 Sept 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
19 Aug 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,645/sqftAED 2,550,000
28 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
24 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,553/sqftAED 2,407,000
15 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified2,364 sqftAED 1,385/sqftAED 3,273,000
15 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,516/sqftAED 2,350,310
15 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,516/sqftAED 2,350,310
11 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,645/sqftAED 2,550,000
10 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,723/sqftAED 2,671,000
7 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
1 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified4,896 sqftAED 1,293/sqftAED 6,328,000
18 Jun 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,645/sqftAED 2,550,000
10 Jun 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
9 Jun 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,553/sqftAED 2,407,000
3 Jun 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
3 Jun 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 2LandExisting PropertiesNot specified1,550 sqftAED 1,499/sqftAED 2,322,755

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.