Project general facts Damac Islands Phase 1 and 2 is a master-planned residential community inspired by some of the world’s most iconic tropical island destinations. The development features a mix of contemporary townhouses, luxury villas, and apartments designed to create a resort-style lifestyle environment centered around nature, water, and outdoor living. The project combines modern residential architecture with immersive island-inspired landscapes, offering residents a unique balance between tranquility and vibrant community living within a carefully planned setting. The community offers an extensive selection of lifestyle and recreational amenities focused on wellness, adventure, and leisure. Residents can enjoy attractions such as the Aqua Dome, Wildlife Park, and Jungle River, alongside a wide variety of outdoor activities including kayaking, paddle boarding, and ziplining. Wellness-oriented facilities such as the Hot Spring Spa and overwater floating decks create a relaxing resort atmosphere, while outdoor fitness areas and calisthenics zones support an active lifestyle. The overall concept is designed to provide a highly experiential living environment inspired by tropi
| Milestone | Share | On AED 3.33M |
|---|---|---|
| On booking | 20% | AED 666K |
| During construction | 55% | AED 1.83M |
| Upon Handover | 25% | AED 832K |
| Milestone | When | Amount |
|---|---|---|
| Downpayment (20%) | On booking | AED 665,800 |
| During construction (55%) | ≈ AED 76,290 equivalent per month over 24 months | AED 1,830,950 |
| Handover (25%) | On completion | AED 832,250 |
| DLD fee (4%) | On booking | AED 133,160 |
| Admin / Oqood (est.) | On booking | AED 5,250 |

DAMAC Properties is part of DAMAC Group that has been shaping the Middle East's luxury real estate market since 1982, delivering iconic residential, commercial and leisure properties across the region and beyond. Since the early days of DAMAC Properties, the organisation has continually received recognition and…
Damac Islands Phase 1 and 2 starts from AED 3.33M and runs to AED 4.80M, across 4 bedroom, 5 bedroom, 5 bedroom, 5 bedroom. Prices move with each release; the pack carries the current list.
20% on booking, 55% during construction, 25% upon handover, worked in dirhams on AED 3.33M in the table above. Every instalment is paid into the project’s regulator-controlled escrow account, with the 4% DLD fee on top at registration.
DAMAC lists handover for DEC 2028, with the project currently under construction. The project completion checker on this site carries the RERA-inspected percentage for Dubai projects, refreshed monthly, which is the number to read against that date.
In Damac Suncity, Dubai: Ranches Primary School 8.4 km, Central Park Mudon 11.6 km, Downtown Dubai 34.7 km. The Damac Suncity community guide on this site has the registered prices, rents and schools around it.
Yes, units from AED 2M qualify for the 10-year Golden Visa, including off-plan with a payment plan in progress. We handle the application as part of the purchase.
Escrow details are confirmed in the project pack, payments release to the developer only against certified construction progress.
4% DLD registration fee, admin/registration fees, and our brokerage fee is paid by the developer. You pay no commission buying off-plan through Equity Edge.