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DAMAC ISLANDS - MALDIVES 3

Not started

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

Construction progress0%Official DLD record
Units0Registered units
Registered sales32418 in the last 12 months
Median sale priceAED 2.44MMedian of registered salesAED 1,553/sqft

Registry record

Project number
3438
Name on the register
داماك ايلاندز - مالديفز 3
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
312
Progress
0%

Project consists of 313 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 1.25B
Off-plan vs ready
0 off-plan · 324 ready
First sale
3 Feb 2025
Latest sale
10 Aug 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
10 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
10 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,516/sqftAED 2,350,000
3 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified2,364 sqftAED 1,556/sqftAED 3,678,300
31 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,525/sqftAED 2,365,000
10 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
2 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified2,364 sqftAED 1,565/sqftAED 3,698,735
19 May 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,551 sqftAED 1,757/sqftAED 2,725,000
11 May 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,742/sqftAED 2,700,000
7 May 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified775 sqftAED 1,563/sqftAED 1,211,500
17 Feb 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified2,471 sqftAED 1,421/sqftAED 3,512,000
22 Dec 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified2,380 sqftAED 1,428/sqftAED 3,400,000
26 Nov 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,658/sqftAED 2,570,000
13 Nov 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,716/sqftAED 2,660,000
24 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,759/sqftAED 2,726,560
24 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,759/sqftAED 2,726,560
26 Sept 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified775 sqftAED 1,290/sqftAED 1,000,000
25 Sept 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,571 sqftAED 1,672/sqftAED 2,628,073
2 Sept 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified2,528 sqftAED 1,348/sqftAED 3,409,000
22 Aug 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,723/sqftAED 2,671,000
6 Aug 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,571 sqftAED 1,626/sqftAED 2,555,122
28 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,547 sqftAED 1,619/sqftAED 2,505,000
21 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,547 sqftAED 1,619/sqftAED 2,505,000
15 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,580 sqftAED 1,494/sqftAED 2,360,010
9 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,563/sqftAED 2,423,000
8 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 3LandExisting PropertiesNot specified1,550 sqftAED 1,723/sqftAED 2,671,000

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.