Damac Islands – Maldives 1 in, Dubai: Luxury Island Living & Properties | DAMAC

Discover Unrivalled Luxury and Versatility at Maldives 1, DAMAC Lagoons

Welcome to Maldives 1, an exceptional property nestled within the breathtaking Maldives cluster of DAMAC Lagoons, Dubai. As your dedicated real estate agent, I am thrilled to present this unique offering that epitomizes the blend of serene waterfront living with dynamic urban functionality. Maldives at DAMAC Lagoons is not just a place to live; it’s a lifestyle destination, and Maldives 1 stands as a testament to bespoke design and strategic investment.

This distinguished property offers a rare mixed-use proposition, designed for discerning individuals or businesses seeking a compact yet highly versatile space in one of Dubai’s most enchanting master communities. With a thoughtful layout spanning two levels and a built-up area of 203.85 sqm, Maldives 1 provides an intimate environment where luxury living, professional pursuits, and boutique retail opportunities coalesce seamlessly.

The Essence of Maldives Living at DAMAC Lagoons

DAMAC Lagoons is a master-planned community by DAMAC Properties, inspired by the world’s most beautiful waterfront destinations. The Maldives cluster, in particular, transports residents to an island paradise with its stunning crystal-clear lagoons, white sandy beaches, and vibrant tropical landscaping. It’s a place where every day feels like a vacation, offering a serene escape from the city’s hustle while remaining perfectly connected to its conveniences.

Architectural Splendor

The architecture within the Maldives cluster draws inspiration from the tranquil beauty of its namesake, featuring contemporary designs with light, airy spaces and materials that evoke a sense of natural harmony. Maldives 1, with its dual-level structure, is crafted to maximize both aesthetic appeal and practical utility, offering a sophisticated façade that complements the idyllic surroundings.

Unrivalled Amenities

Residents of Maldives at DAMAC Lagoons gain access to an extraordinary array of amenities designed for leisure, wellness, and entertainment. These include:

  • Crystal Lagoons: Featuring pristine, swimmable lagoons with sandy beaches.
  • Water Sports: Opportunities for kayaking, paddleboarding, and other water activities.
  • Floating Cinema: A unique cinematic experience under the stars.
  • Regional Mall: A future retail hub offering extensive shopping and dining options.
  • Clubhouses: Exclusive spaces for relaxation and social gatherings.
  • Fitness & Wellness Centers: State-of-the-art gyms and spa facilities.
  • Children’s Play Areas: Safe and engaging environments for families.
  • Green Parks & Open Spaces: Lush landscapes for strolling and outdoor recreation.

A Unique Mixed-Use Opportunity: Maldives 1

Maldives 1 at DAMAC Lagoons stands out with its intelligent mixed-use design, making it an exceptional asset for investors or owner-operators. With a compact built-up area of 203.85 sqm spread across two levels, this property offers unparalleled flexibility to configure spaces for residential, commercial, or retail purposes.

Residential Comforts

Imagine a luxurious residential apartment designed for comfort and elegance. The generous 203.85 sqm space allows for a sophisticated living area, well-appointed bedrooms, and modern bathrooms. Residents can enjoy private retreats overlooking the lush landscapes or crystal lagoons, experiencing the tranquility and privacy that Maldives at DAMAC Lagoons promises. This could be an ideal personal residence or a high-yield rental property for the short-term luxury market.

Professional Space

For entrepreneurs, freelancers, or small businesses, Maldives 1 presents an exceptional opportunity for a bespoke office environment. The property can be configured to house dedicated workspaces, meeting rooms, and reception areas, providing a professional address within a highly desirable community. The tranquil surroundings enhance productivity and offer a unique work-life balance that is hard to find elsewhere in Dubai.

Retail Convenience

With its strategic location within a vibrant community, Maldives 1 also offers the potential for a charming boutique retail outlet or a specialized service provider. The ground floor, in particular, can be transformed into an inviting shop front, catering to the sophisticated residents and visitors of DAMAC Lagoons. This allows for a unique fusion of business and lifestyle, perfect for niche brands or exclusive services.

Key Features & Specifications

This meticulously designed property is engineered to maximize utility and luxury within its distinctive footprint:

  • Total Built-Up Area: 203.85 sqm, offering ample space for flexible configuration.
  • Number of Floors: Spanning two well-designed levels, enhancing privacy and functional separation.
  • Parking Spaces: Includes 2 dedicated parking spaces, ensuring convenience for residents, clients, or customers.
  • Versatile Configuration: The compact yet efficient layout allows for seamless integration of residential apartments, professional offices, and boutique retail shops based on your specific needs and vision.

DAMAC Properties: A Legacy of Excellence

Maldives 1 is developed by DAMAC Properties, one of the leading luxury real estate developers in the Middle East. Established in 2002, DAMAC has consistently delivered iconic residential, commercial, and leisure properties across the region. Known for its commitment to quality, innovation, and luxury, DAMAC Properties has shaped Dubai’s skyline with its distinctive projects, earning a reputation for creating opulent living experiences and valuable investment opportunities. Their portfolio includes master communities like DAMAC Hills and DAMAC Lagoons, high-rise luxury towers, and branded residences in collaboration with global fashion and lifestyle brands. Investing in a DAMAC property means investing in a legacy of trust and excellence.

10 Key Facts & News Updates about Maldives at DAMAC Lagoons

  1. Tropical Island Theme: Maldives is one of the eight themed clusters within DAMAC Lagoons, each inspired by a different Mediterranean or tropical destination, offering a unique lifestyle experience.
  2. Crystal Lagoons Technology: The community features state-of-the-art Crystal Lagoons, providing residents with stunning, swimmable turquoise waters and white sandy beaches.
  3. Waterfront Living: A primary focus of the Maldives cluster is to offer direct access to lagoons and waterfront amenities, promoting a resort-like living experience.
  4. Floating Cinema: A unique attraction within DAMAC Lagoons, offering outdoor movie nights on the water, enhancing leisure and entertainment options.
  5. Extensive Amenities: The cluster boasts a wide array of amenities including watersports facilities, fitness centers, lush green parks, and dedicated children’s play areas.
  6. Sustainable Design: DAMAC Lagoons is designed with sustainability in mind, incorporating green spaces, water-efficient landscaping, and smart community features.
  7. Strategic Location: Positioned along Hessa Street and Emirates Road, DAMAC Lagoons offers excellent connectivity to major business hubs, attractions, and international airports in Dubai.
  8. Future Regional Mall: Plans include a sprawling regional mall within the master community, promising world-class retail, dining, and entertainment options for residents.
  9. Variety of Unit Types: The Maldives cluster primarily features luxury townhouses and villas, ranging from 3 to 7 bedrooms, catering to diverse family sizes and preferences.
  10. DAMAC Properties’ Vision: DAMAC Lagoons is a flagship project by DAMAC Properties, reflecting their vision to create self-sufficient, integrated communities that redefine luxury living in Dubai.

Investment Potential

Maldives 1 at DAMAC Lagoons represents an exceptional investment opportunity. Its mixed-use capability, combined with its prime location within a high-demand luxury community, offers multiple avenues for return on investment. Whether you envision it as a private residence, a boutique business hub, or a dual-purpose live-work space, its versatility ensures long-term value appreciation. The ongoing development of DAMAC Lagoons and the continuous demand for premium properties in Dubai further solidify its appeal to astute investors.

For a private viewing or further inquiries, please do not hesitate to contact me. This is more than a property; it’s a gateway to an extraordinary lifestyle and a smart investment in Dubai’s thriving real estate market.


Key Property Points: Maldives 1, DAMAC Lagoons

Feature Detail
Project Name Maldives 1 at DAMAC Lagoons
Property Type Mixed-Use (Configurable for Residential, Office, Retail)
Total Built-Up Area 203.85 sqm
Number of Floors 2
Number of Apartments Configurable (e.g., 1 Luxury Apartment)
Number of Offices Configurable (e.g., 1 Boutique Office)
Number of Shops Configurable (e.g., 1 Boutique Shop)
Number of Parking Spaces 2
Developer DAMAC Properties
Community DAMAC Lagoons (Maldives Cluster)
Key Amenities Crystal Lagoons, Floating Cinema, Water Sports, Parks
Service Charges in Damac Islands – Maldives 1 in, Dubai: Luxury Island Living & Properties | DAMAC
AspectDetails

General Overview of Service Charges

Service charges for Damac Islands – Maldives 1 in Dubai are annual fees paid by property owners to cover the costs of maintaining the common areas and amenities within the community. These charges are essential for ensuring the high standard of living, pristine environment, and seamless operation of the luxurious facilities provided within this exclusive development by DAMAC Properties. They contribute to the overall upkeep and enhancement of your investment and lifestyle.

Key Components Covered

These charges typically encompass a wide range of services crucial for a premium island-themed community. This includes landscaping and irrigation of common green spaces, security services (manning gates, patrols, CCTV), waste management, cleaning and maintenance of shared facilities like swimming lagoons, clubhouses, gymnasiums, and communal recreational areas. Utilities for common areas such as lighting and air conditioning in shared spaces are also generally included.

Estimated Annual Cost per Square Foot

Based on similar luxury villa and townhouse communities in Dubai, particularly those within master-planned developments featuring extensive amenities like Damac Islands – Maldives 1, the estimated service charges are typically in the range of AED 18 to 25 per sqft per year. Please note that this is an approximate estimate, and the final exact figures are usually disclosed by the developer closer to the property handover or through the Owners Association (OA) post-handover. This range reflects the premium nature of the community.

Importance for Property Owners

Understanding and budgeting for service charges is a vital part of property ownership in Dubai. These fees ensure the sustained quality and value of your property within Damac Islands – Maldives 1. Consistent payment guarantees access to all shared facilities and contributes to maintaining the aesthetic appeal and functionality of the entire community, directly impacting your living experience and potential future resale value. Transparency on these charges is usually provided by the developer.

Payment Structure and Regulations

Service charges are usually calculated based on the RERA (Real Estate Regulatory Agency) approved service charge index and are typically paid annually in advance, though some communities might offer quarterly payment options. Property owners receive an annual statement detailing the breakdown of expenses. These charges are regulated by RERA to ensure fairness and transparency, providing peace of mind for property owners within Damac Islands – Maldives 1 in Dubai.

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