Sold Prices · DLD Data

    Damac Islands - Maldives 1

    Al Yelayiss 1, Dubai

    AED 1,598

    Avg Price / sqft

    AED 3.4M

    Avg Sale Price

    13

    DLD Sales Recorded

    3.8%

    Est. Gross Yield

    Market snapshot

    Damac Islands - Maldives 1 — the numbers

    Damac Islands - Maldives 1 is a residential building in Al Yelayiss 1, Dubai. Dubai Land Department records show 13 sales in the building, at an average price of AED 3.4M — around AED 1,598 per square foot.

    Since January 2026, 11 sales completed in Damac Islands - Maldives 1, with the average price per square foot moving from AED 1,699 to AED 1,459 (-14.1%). That softening can open negotiating room for buyers.

    Benchmarked against average residential rents in Al Yelayiss 1, a typical unit in Damac Islands - Maldives 1 returns an estimated 3.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Al Yelayiss 1.

    Figures are from Dubai Land Department transaction records for Damac Islands - Maldives 1; individual units vary by floor, view and finish. Gross yield is estimated against average Al Yelayiss 1 residential rents, before service charges.

    Price trend

    Price trend in Damac Islands - Maldives 1

    Average sale price per sqft by month since January 2026 (single-sale months excluded)-14.1%

    1,4971,6121,726Jan 26: AED 1,699/sqft · 3 salesJan 26Jun 26: AED 1,764/sqft · 3 salesJun 26Jul 26: AED 1,567/sqft · 3 salesJul 26Aug 26: AED 1,459/sqft · 2 salesAug 26

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    07 Aug 2026Sales-1,550AED 2.4MAED 1,564
    06 Aug 2026Sales-1,552AED 2.1MAED 1,353
    16 Jul 2026Sales-1,550AED 2.4MAED 1,548
    04 Jul 2026Sales-1,550AED 2.6MAED 1,670
    02 Jul 2026Sales-1,550AED 2.3MAED 1,484
    26 Jun 2026Sales-1,550AED 2.6MAED 1,669
    10 Jun 2026Sales-7,866AED 14MAED 1,781
    04 Jun 2026Sales-1,550AED 2.9MAED 1,842
    28 Apr 2026Sales-1,550AED 2.1MAED 1,355
    31 Mar 2026Sales-2,417AED 3.4MAED 1,406
    30 Jan 2026Sales-1,550AED 2.8MAED 1,806
    07 Jan 2026Sales-1,550AED 2.6MAED 1,658
    06 Jan 2026Sales-1,551AED 2.5MAED 1,631

    Nearby

    Other buildings in Al Yelayiss 1

    FAQ

    Damac Islands - Maldives 1: frequently asked questions

    What is the average price in Damac Islands - Maldives 1?

    The average recorded sale price in Damac Islands - Maldives 1, Al Yelayiss 1 is AED 3.4M, around AED 1,598 per square foot, based on Dubai Land Department transaction data.

    Are prices in Damac Islands - Maldives 1 going up or down?

    Average sale prices in Damac Islands - Maldives 1 have eased -14.1% per square foot since January 2026, across 11 DLD-recorded sales.

    What rental yield can I expect in Damac Islands - Maldives 1?

    Based on average Al Yelayiss 1 residential rents against sale prices in the building, a typical unit in Damac Islands - Maldives 1 yields roughly 3.8% gross per year, before service charges and fees.

    How many properties have sold in Damac Islands - Maldives 1?

    13 sales have been recorded in Damac Islands - Maldives 1 according to DLD data.

    Considering Damac Islands - Maldives 1?

    Get honest, DLD-backed guidance on pricing, yields and availability in Al Yelayiss 1 from Binayah's advisors — no pressure, just the numbers.

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