Gallery
Imagery courtesy of DAMAC Properties.
The project
About DAMAC Islands
DAMAC Islands Phase 1 launched in December 2024 and sold out within 24 hours, generating AED 10.2 billion across 3,164 units. The launch set a Guinness World Record for the highest revenue from a real estate launch in a single day.
The masterplan is themed around island destinations, with townhouses from AED 2.25 million and villas reaching AED 18.9 million. The payment structure is 75/25 with a 10% booking deposit. As of June 2026 Phase 1 was in active construction with handover targeted for Q4 2028.
A sell-out of that speed tells you about launch-day demand and DAMAC's distribution reach — it does not by itself tell you about end-user demand at handover. Large-volume launches can produce concentrated resale supply when handover approaches, which is worth factoring into any exit plan.
Pricing
Published pricing by configuration
As published by the sources listed at the foot of this page. Developer pricing changes between releases — confirm before relying on any figure.
Payment
Payment plan
75/25 — 10% booking deposit
At a glance
DAMAC Islands key facts
- Developer
- DAMAC Properties
- Community
- DAMAC Islands
- Status
- Under construction
- Launched
- December 2024
- Handover
- Q4 2028
- Starting price
- AED 2.25M
- Total units
- 3,164
- Unit types
- Townhouse, Villa
- Payment plan
- 75/25
- Ownership
- Freehold — open to all nationalities
Process
How to buy at DAMAC Islands
- 01
Shortlist and reserve
Choose a unit type and view at DAMAC Islands and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
DAMAC Properties issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2028), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Record-setting launch: AED 10.2bn in a single day
- 3,164 units across an island-themed masterplan
- Townhouse entry at AED 2.25M
- In active construction as of mid-2026
What to weigh
- Large unit count can mean concentrated resale supply near handover
- Launch-day sell-out reflects investor demand, not proven end-user demand
- Review DAMAC's delivery record on comparable large communities before committing
FAQ
DAMAC Islands — frequently asked questions
What is the starting price of DAMAC Islands?
Published pricing at DAMAC Islands starts from AED 2.25M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of DAMAC Islands?
DAMAC Islands is scheduled for handover in Q4 2028. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for DAMAC Islands?
75/25 — 10% booking deposit
Who is the developer of DAMAC Islands?
DAMAC Islands is developed by DAMAC Properties in DAMAC Islands, Dubai.
What unit types are available at DAMAC Islands?
DAMAC Islands offers Townhouse, Villa across 3,164 units.
Where is DAMAC Islands located?
DAMAC Islands is in DAMAC Islands, Dubai.
Can foreigners buy at DAMAC Islands?
Yes. DAMAC Islands is a freehold area, so buyers of any nationality can own property at DAMAC Islands outright.
Does buying at DAMAC Islands qualify for the UAE Golden Visa?
Units at DAMAC Islands start at AED 2.25M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at DAMAC Islands?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 90K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at DAMAC Islands?
MRK Real Estate advises on primary purchases and resales at DAMAC Islands. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-08-21. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with DAMAC Properties before any transaction.
