Damac Islands Maldives 5 in Dubai | Luxury Villas & Townhouses by DAMAC Properties

Discover Serenity: A Unique Residential Offering in DAMAC Lagoons – The Maldives Cluster

Welcome to a world where island living meets urban sophistication, right here in the heart of Dubai. Presenting a distinctive residential opportunity within the coveted Maldives cluster of DAMAC Lagoons, this property offers an unparalleled lifestyle inspired by the pristine beauty and tranquility of the Indian Ocean’s most idyllic islands. With its thoughtful design and prime location within one of Dubai’s most anticipated master developments, this residential gem promises a sanctuary for those seeking luxury, comfort, and an extraordinary sense of community.

This particular offering, a specific unit or building type within the Maldives cluster, encompasses a generous built-up area of 203.85 square meters, thoughtfully designed to host two exquisite apartments. Each residence is crafted to maximize space, natural light, and a seamless connection to the breathtaking surroundings, promising residents a private haven away from the city’s hustle, while still being remarkably connected to its vibrant pulse. With dedicated parking spaces for each apartment, convenience is paramount, ensuring a hassle-free living experience.

The Visionary Developer: DAMAC Properties

At the helm of this magnificent development is DAMAC Properties, a name synonymous with luxury real estate in the Middle East and beyond. Established in 2002, DAMAC Properties has consistently delivered iconic residential, commercial, and leisure properties across the region. Known for its commitment to quality, innovation, and opulence, DAMAC has cemented its reputation as a leading luxury developer, shaping Dubai’s skyline with prestigious projects like DAMAC Hills, AKOYA, and now, the groundbreaking DAMAC Lagoons. Their portfolio boasts collaborations with world-renowned brands, bringing global standards of luxury and design to their developments, ensuring that every DAMAC property is not just a home, but a lifestyle statement.

The Maldives Cluster at DAMAC Lagoons: An Idyllic Escape

The Maldives cluster at DAMAC Lagoons is one of the most sought-after communities within this grand master development. Drawing inspiration from the world-famous Maldivian islands, it promises a resort-like experience with crystal-clear lagoons, white sandy beaches, and an array of water-inspired amenities right at your doorstep. Residents here will enjoy a lifestyle imbued with relaxation, recreation, and a deep connection to nature.

Key Features and News Updates on DAMAC Lagoons and the Maldives Cluster:

  1. Waterfront Living Redefined: DAMAC Lagoons is celebrated for its unique concept of bringing stunning man-made lagoons and pristine beaches directly to residents’ homes, creating an authentic waterfront living experience unlike any other in Dubai.
  2. Mediterranean-Inspired Architecture: The master community features distinct clusters, each themed after a different Mediterranean city or island, offering diverse architectural styles and cultural experiences, with Maldives focusing on island charm.
  3. Extensive Amenities: The development boasts a vast array of amenities, including dedicated areas for water sports, retail promenades, fine dining options, fitness centers, and lush green parks, ensuring a holistic lifestyle for all ages.
  4. Strategic Location: Situated near DAMAC Hills, DAMAC Lagoons enjoys excellent connectivity to major road networks like Sheikh Zayed Bin Hamdan Al Nahyan Street and Emirates Road, putting key Dubai attractions within easy reach.
  5. Family-Friendly Environment: With schools, nurseries, and dedicated play areas, the community is designed to be exceptionally family-friendly, offering safe and engaging environments for children.
  6. Sustainable Living: DAMAC Properties has integrated sustainable practices into the planning and execution of DAMAC Lagoons, aiming for an eco-conscious community with green spaces and efficient resource management.
  7. Investment Hotspot: Due to its innovative concept, world-class amenities, and reputable developer, DAMAC Lagoons, including the Maldives cluster, has been identified as a prime investment opportunity with strong potential for capital appreciation and rental yields.
  8. Phased Development: The mega-project is being developed in carefully planned phases, with infrastructure and amenities progressively coming online, ensuring a well-organized and high-quality living environment.
  9. Crystal Lagoon Technology: A significant feature is the use of state-of-the-art Crystal Lagoon technology, providing residents with azure waters and sandy shores that mimic natural beaches, offering swimming, kayaking, and paddleboarding activities.
  10. Retail and Dining Hubs: Beyond residential units, the master plan includes vibrant retail and dining districts, ensuring residents have access to everyday necessities and leisure options without needing to venture far from home.

Your Home in Paradise: The Residential Offering

This specific residential property within the Maldives cluster is designed for those who appreciate privacy, comfort, and the allure of bespoke living. With two independent apartments, it presents a unique proposition for multi-generational families, or as an income-generating asset. Each apartment benefits from the property’s generous built-up area, allowing for spacious living and dining areas, well-appointed kitchens, and comfortable bedrooms. The design ethos focuses on creating bright, airy interiors that open up to the vibrant community, offering a serene retreat at the end of each day.

The property’s compact yet efficient design ensures that every square meter is utilized to its full potential, providing residents with a highly functional and aesthetically pleasing living space. With access to the vast amenities of DAMAC Lagoons, from the mesmerizing lagoons to the bustling retail hubs, residents of this property are not just buying a home; they are investing in a lifestyle that redefines luxury and convenience. This is more than an address; it’s a destination where every day feels like a vacation.

Key Point Details
Master Development DAMAC Lagoons
Specific Cluster The Maldives Cluster
Property Type Residential (Specific unit/building type)
Total Built-Up Area 203.85 sqm
Number of Apartments 2
Number of Offices N/A (Not applicable for this unit)
Number of Parking Spaces 2
Number of Shops N/A (Access to community shops)
Number of Elevators N/A (Typically not for this unit type)
Service Charges in Damac Islands Maldives 5 in Dubai | Luxury Villas & Townhouses by DAMAC Properties

The service charges for Damac Islands – Maldives 5 in Dubai, like other luxury residential communities, are designed to cover the ongoing operational and maintenance costs that ensure the community’s high standards, amenities, and overall quality of life are preserved. While specific figures can vary based on the property type, size, and final amenities provided, the following estimated breakdown provides insight into the typical components homeowners can expect to contribute annually. These estimates are based on current market trends for similar luxury villa and townhouse communities in Dubai, totaling approximately AED 15.00 per sqft per year, and are subject to change upon official developer or Homeowners Association announcements.

1. Community Maintenance & Management Fee: This is typically the largest component of service charges and covers the upkeep of all common areas within the Damac Islands Maldives 5 cluster. This includes extensive landscaping and gardening, cleaning of shared facilities, maintenance of swimming pools, internal roads, street lighting, waste management services, and 24/7 security. It also funds the community management team responsible for the day-to-day operations and ensuring community regulations are followed. For a premium development, this component is estimated to be around AED 9.00 per sqft per year.

2. Master Community Service Fee: Given that Damac Islands is likely part of a larger master development (such as Damac Lagoons), a portion of the service charge contributes to the maintenance of the overarching master community infrastructure. This covers larger external roads, shared district-level parks, utilities serving the broader area, and other facilities that benefit all residents within the wider development. This fee ensures the entire district maintains its aesthetic appeal and functionality, adding value to individual clusters like Maldives 5. This is estimated at approximately AED 3.00 per sqft per year.

3. Sinking Fund / Reserve Fund Contribution: A mandatory contribution, the sinking fund is crucial for the long-term financial health of the community. It accumulates funds over time to cover major capital expenditures and unforeseen repairs or replacements of significant common property elements. Examples include major structural repairs, repainting of facades, upgrades to communal systems (e.g., irrigation, security infrastructure), or replacements of large communal equipment. This proactive fund prevents unexpected large levies on homeowners in the future and is estimated at about AED 1.50 per sqft per year.

4. Insurance Premium for Common Areas: This segment covers the cost of property insurance for all shared common areas and facilities within the Damac Islands Maldives 5 community. This essential insurance protects against potential damages from perils such as fire, natural disasters, and other unforeseen events affecting communal assets like clubhouses, shared swimming pools, and main community buildings. It ensures that the community can recover from significant incidents without placing undue financial burden on individual owners, estimated at roughly AED 0.50 per sqft per year.

5. Utility Infrastructure Maintenance (Common Areas): This charge covers the maintenance and repair of shared utility infrastructure that serves the entire Damac Islands Maldives 5 cluster, separate from individual household utility bills. This includes communal electrical systems, plumbing, irrigation networks for common landscaping, and wastewater systems. It ensures the smooth and efficient operation of essential services across the common areas of the community, contributing to a seamless living experience. This is typically estimated at around AED 1.00 per sqft per year.

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