Market bulletin · Thu, 22 Oct 2026
Maldives 1 at Damac Islands: 2 sales worth AED 6.63M in 30 days
Maldives 1 at Damac Islands recorded 2 sales worth AED 6.63M in the 30 days to Thu, 22 Oct 2026. Over the last week 0 sales were registered (AED 0), against 0 the week before.
By market over 12 months: developer off-plan sales 31.3%, off-plan resales 68.8%. Off-plan resales traded at a median 15.1% discount to developer prices per sqft.
In Damac Island City, Maldives 1 at Damac Islands ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties. Its first registered sale was on 1 February 2025.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | — |
| Oct 25 | AED 1,166 |
| Sept 25 | — |
| Aug 25 | AED 1,165 |
| Jul 25 | AED 1,132 |
| Jun 25 | AED 1,104 |
| May 25 | AED 1,120 |
| Apr 25 | AED 1,104 |
| Mar 25 | AED 1,104 |
| Feb 25 | AED 1,108 |
Off-plan vs resale vs secondary
Monthly median AED/sqft by market (months with 10+ sales)
View data table
| Date | Off-plan (developer) | Secondary (ready) |
|---|---|---|
| Oct 26 | — | — |
| Sept 26 | — | — |
| Aug 26 | — | — |
| Jul 26 | — | — |
| Jun 26 | — | — |
| May 26 | — | — |
| Apr 26 | — | — |
| Mar 26 | — | — |
| Feb 26 | — | — |
| Jan 26 | — | — |
| Dec 25 | — | — |
| Nov 25 | — | — |
| Oct 25 | — | — |
| Sept 25 | — | — |
| Aug 25 | — | — |
| Jul 25 | — | — |
| Jun 25 | AED 1,105 | — |
| May 25 | AED 1,123 | — |
| Apr 25 | AED 1,104 | AED 1,104 |
| Mar 25 | AED 1,104 | — |
| Feb 25 | AED 1,108 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 1 | 0 |
| Sept 26 | 1 | 0 | 0 |
| Aug 26 | 0 | 2 | 0 |
| Jul 26 | 0 | 3 | 0 |
| Jun 26 | 1 | 0 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 0 | 0 |
| Jan 26 | 2 | 2 | 0 |
| Dec 25 | 0 | 1 | 0 |
| Nov 25 | 1 | 1 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | — | AED 6.63M | — | — |
| Last 3 months | 4 | unchanged 0.0% | AED 11.1M | — | — |
| Last 6 months | 8 | up 14.3% | AED 21.3M | 1,099 | down 6.1% |
| Last 12 months | 16 | down 95.9% | AED 45.4M | 1,162 | up 5.2% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 5 | 31% | AED 2.86M | 1,302 | up 17.8% |
| Off-plan resale | 11 | 69% | AED 2.45M | 1,105 | down 5.2% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 13 | 81% | AED 2.53M | 1,153 | up 4.3% |
| 5+ bedrooms | 3 | 19% | — | — | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 16 | 100% | AED 2.58M | 1,162 | up 5.3% |
Competing projects in Damac Island City
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Bahamas 1 at Damac Islands 2Damac Properties | 377 | 1,278 | down 3.5% |
| Bahamas 2 at Damac Islands 2Damac Properties | 384 | 1,124 | down 8.8% |
| Tahiti 2 - Damac Islands 2Damac Properties | 310 | 1,373 | — |
| Cuba - Damac Islands 2Damac Properties | 322 | 1,156 | — |
| Bermuda - Damac Islands 2Damac Properties | 279 | 1,327 | — |
| Maui - Damac Islands 2Damac Properties | 258 | 1,235 | — |
| Tahiti - Damac Islands 2Damac Properties | 187 | 1,278 | — |
| Barbados 1 - Damac Islands 2Damac Properties | 198 | 1,227 | — |
| Barbados 2 - Damac Islands 2Damac Properties | 175 | 1,183 | — |
| Antigua - Damac Islands 2Damac Properties | 114 | 1,355 | up 0.5% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.40M | 5+ BR Villa · 3,164 sqftMaldives 1 at Damac Islands · Damac Island City | 25 Sept |
| AED 2.42M | 4 BR Villa · 2,194 sqftMaldives 1 at Damac Islands · Damac Island City | 7 Aug |
| AED 2.23M | 4 BR Villa · 2,194 sqftMaldives 1 at Damac Islands · Damac Island City | 8 Oct |
| AED 2.10M | 4 BR Villa · 2,194 sqftMaldives 1 at Damac Islands · Damac Island City | 6 Aug |
Questions about Maldives 1 at Damac Islands
How many properties were sold in Maldives 1 at Damac Islands in the last year?
16 sales worth AED 45.4M were registered in the last 12 months: 31% developer off-plan, 69% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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