Maldives 3
Maldives 3 Offered by Buy Dubai Off-Plan
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Maldives 3

Maldives 3

by DAMAC in DAMAC Islands View on map Under construction

Starting price
AED 2,407,000
Payment plan
75/25
Handover
Q1 2029

≈ € 578,000

Check available units

Project details

Starting price AED 2,407,000 ≈ € 578,000 What will my monthly payments be?
Payment plan 75/25 75% during construction, 25% at handover
Handover Q1 2029 Under construction
Bedrooms 457
Property type
Villa, Townhouse
Floor area
205 to 1,587 m²
Developer
DAMAC
Location
DAMAC Islands

About Maldives 3

  • Unique villas and townhouses in a tropical-inspired environment

  • Spacious residences from 205 m2 to 1586 m2 with 4, 5, or 7 bedrooms

  • Conveniently located between Emirates Road and Al Qudra Road in Dubailand

  • Developed by DAMAC Properties, a renowned real estate player in Dubai

  • Starting prices from AED 2,407,000 with flexible payment options

Maldives 3 at Damac Islands: Luxury homes by DAMAC Properties

Maldives 3 is an exclusive residential domain within the larger Damac Islands complex in Dubailand, developed by the well-known real estate developer DAMAC Properties. This project brings the ambience of the Maldives to Dubai with its tropical-inspired architecture and landscape design. The residences range from spacious townhouses to luxurious villas, all featuring modern amenities and high-quality finishes. The project targets families seeking a harmonious living environment with abundant greenery and water features. Its location in Dubailand offers tranquillity and space, while major highways such as Emirates Road and Al Qudra Road ensure excellent connectivity to other parts of Dubai. With starting prices from AED 2,407,000, Maldives 3 presents an attractive investment opportunity in an area that is rapidly developing into one of Dubai’s most sought-after residential locations.

Residences and Types

Maldives 3 offers two different types of residences: townhouses and villas, with various bedroom configurations ranging from 4 up to 7 bedrooms. The floor areas of these homes are generously sized, ranging from 205 m2 for the more compact units to an impressive 1586 m2 for the most spacious villas. All residences are designed with an eye for detail and offer a modern living environment with high-quality materials and finishes. The architecture is inspired by tropical islands, featuring light colours, large windows, and spacious terraces. The layout of the homes is optimally suited for family life, with spacious living areas, modern kitchens, and bathrooms with premium fittings. The larger villas often feature private swimming pools, private gardens, and sometimes even a guest suite, making them ideal for those who value space and privacy.

About the developer DAMAC Properties and the Maldives 3 design

DAMAC Properties is renowned for its high-quality real estate projects in Dubai and has once again delivered a project with Maldives 3 that meets the expectations of the most discerning buyers. The company has a proven track record in developing innovative residential communities with a focus on design and quality of life. The architectural concept of Maldives 3 is inspired by the natural beauty of the Maldives, with organic forms and a colour palette reminiscent of sandy beaches and turquoise waters. The buildings are positioned so that each residence can optimally benefit from natural light and privacy. The common areas are generously proportioned and fitted with high-quality materials. DAMAC guarantees quality and service, which is reflected in the careful planning and execution of this project.

Prime location in Damac Islands near key Dubai destinations

Maldives 3 is part of Damac Islands, a large-scale residential community in the heart of Dubailand. This strategic location offers the best of both worlds: the tranquillity and space of a green environment, combined with excellent connections to Dubai’s key areas. In the immediate vicinity, you will find the Damac Hills Golf Course, Dubai Sports City, and the Dubai Autodrome. For families, there are numerous recreational opportunities, including parks, playgrounds, and waterside walking paths. The area is characterised by carefully curated landscaping with abundant greenery and water features that create a pleasant living environment. Major attractions such as Global Village and IMG Worlds of Adventure are just minutes away, while the vibrant areas of Dubai Marina, Palm Jumeirah, and Downtown Dubai are within an hour’s reach.

Flexible payment plan for Maldives 3 homes

For interested buyers, we offer flexible payment options for an investment in Maldives 3. The starting price for a home in this project is AED 2,407,000, with various payment plans tailored to the needs of international investors. We can guide you through the entire purchasing process. Please contact us for a detailed overview of the available payment plans and the specific terms and conditions that apply. We are ready to answer all your questions and guide you towards a well-considered investment decision.

Amenities

Gym 24/7 security Swimming pool Restaurants Green areas Playground Park Shops Supermarket Parking Running Cycling Multi function lounge Yoga Spa and sauna

Payment plan for Maldives 3

75%25%
75%
During construction, in instalments
AED 1,805,250
≈ € 433,000
25%
After handover
AED 601,750
≈ € 144,000

Percentages are based on the starting price and are indicative. The developer determines the exact instalments. Please contact us for more information about the payment plans.

Monthly payments and your own funds

How much do you need for Maldives 3, and what will your monthly payments be if you finance part of the price at handover?

Do you live in the UAE?

Monthly payments after handover

AED 3,045

≈ € 730 per month

Maximum mortgage in your situation: 50% of the purchase price

Your funds during constructionin instalments according to the payment plan
AED 1,805,250≈ € 433,300
Your funds at handover
AED 0≈ € 0
Mortgage at handover
AED 601,750≈ € 144,400
Purchase costs4% DLD fee and mortgage costs
AED 104,672≈ € 25,100
Total funds required
AED 1,909,922≈ € 458,400
Request finance guidance for Maldives 3
How does a mortgage work for off-plan property in Dubai?

You use your own funds during construction. You pay the payment plan instalments from your own funds. A mortgage is usually arranged only at handover, for the amount still outstanding at that point. Some banks provide finance earlier, but the UAE Central Bank sets a 50% maximum for off-plan property.

Situation (UAE resident)Maximum mortgage
First home up to AED 5m80%
First home above AED 5m70%
Second home or investment60%
Off-plan, before handover50%

Non-resident? These maximums do not automatically apply. Banks use their own, usually stricter, rules for foreign buyers. If you live abroad, expect to contribute more of your own funds.

Income matters. In principle, your total monthly debt repayments may not exceed 50% of your gross monthly income, and the mortgage may not exceed 7 times your annual income. The maximum term is 25 years.

Borrow more after handover? If the property is worth more than your purchase price at handover, a bank may sometimes provide additional finance based on the valuation through equity release. This requires a separate discussion with an adviser.

An estimate, not advice or an offer. Statutory maximums are no guarantee. Income, debts, age, employer and credit profile determine what a bank will actually lend.

Location

Damac Islands, Dubai
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Location of Maldives 3 Location of Maldives 3

About DAMAC

Damac offers an extensive portfolio of off-plan real estate projects in Dubai, ranging from luxury apartments to exclusive villas. These projects are located in prestigious areas such as Dubai Marina, Downtown Dubai, and Palm Jumeirah. Off-plan investing with Damac means purchasing a property before construction is completed, which often brings financial advantages. The developer is known for its timely handovers and quality finishes.

On this page, you will find a complete overview of all current off-plan projects by Damac, including details on location, floor area, and payment terms. Contact us for more information on specific projects.

All projects by DAMAC

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Images are for illustrative purposes and may differ from the finished property. The stated handover date is indicative and may be delayed. Although this page has been prepared with care, information may be incorrect or out of date. The price shown is a starting price and may differ from the current price. Please see our full disclaimer for more information.