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DAMAC ISLANDS - MALDIVES 4

Under construction

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

Construction progress1%Official DLD record
Units0Registered units
Registered sales62222 in the last 12 months
Median sale priceAED 2.60MMedian of registered salesAED 1,246/sqft

Registry record

Project number
3501
Name on the register
داماك ايلاندز - مالديفز 4
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
21 Apr 2024
Expected completion
31 Dec 2028
Actual completion
Not recorded
Cancelled
Not recorded
Plots
323
Progress
1%

Project consists of 324 Nos of 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
2,089 sqft
Median price per sqft
AED 1,246/sqft
Total value transacted
AED 1.87B
Off-plan vs ready
0 off-plan · 622 ready
First sale
9 Jan 2025
Latest sale
14 Aug 2026

Registered sales in this project

All sales
Registered property transactions from the Dubai Land Department
DateCommunityProject / buildingTypeBedsSizePrice/sqftPrice
14 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified2,868 sqftAED 1,203/sqftAED 3,450,000
6 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,559 sqftAED 2,061/sqftAED 3,213,000
5 Aug 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,560 sqftAED 2,059/sqftAED 3,213,000
21 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,550 sqftAED 1,636/sqftAED 2,536,240
21 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,551 sqftAED 1,515/sqftAED 2,350,000
6 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,552 sqftAED 1,635/sqftAED 2,537,220
1 Jul 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,560 sqftAED 2,059/sqftAED 3,213,000
30 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified2,634 sqftAED 1,238/sqftAED 3,261,000
25 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,554 sqftAED 1,464/sqftAED 2,275,000
17 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified3,448 sqftAED 1,072/sqftAED 3,696,000
8 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,556 sqftAED 2,064/sqftAED 3,212,000
3 Jun 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified3,014 sqftAED 1,400/sqftAED 4,220,370
13 May 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,550 sqftAED 1,598/sqftAED 2,477,000
22 Apr 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,551 sqftAED 1,161/sqftAED 1,800,000
20 Apr 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,550 sqftAED 1,516/sqftAED 2,350,000
6 Mar 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified2,630 sqftAED 1,274/sqftAED 3,350,000
4 Feb 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,551 sqftAED 1,509/sqftAED 2,341,000
23 Jan 2026Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified2,856 sqftAED 1,278/sqftAED 3,650,000
17 Dec 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,551 sqftAED 1,563/sqftAED 2,424,000
28 Nov 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,551 sqftAED 1,563/sqftAED 2,424,000
10 Oct 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified2,520 sqftAED 1,267/sqftAED 3,192,750
22 Sept 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,550 sqftAED 1,564/sqftAED 2,425,000
8 Aug 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,728 sqftAED 1,435/sqftAED 2,479,000
4 Aug 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified2,439 sqftAED 1,386/sqftAED 3,381,000
22 Jul 2025Al Yelayiss 1DAMAC ISLANDS - MALDIVES 4LandExisting PropertiesNot specified1,550 sqftAED 1,670/sqftAED 2,588,000

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.