Maldives at DAMAC Islands Golden Visa

The 4 Bedroom Townhouse, priced from AED 2.34M ≈ USD 637K, is the entry point, and that price already exceeds the AED 2M ≈ USD 545K minimum set for property investors. Every other type is priced higher: 5 Bedroom Townhouses from AED 3.10M ≈ USD 846K, and villas from AED 6.31M ≈ USD 1.72M (DIV-3), AED 13.59M ≈ USD 3.70M (DIV-55) and AED 18.57M ≈ USD 5.06M (DIV-75). No Maldives home type needs a second property to reach the threshold at these starting prices. The full criteria are in the Golden Visa requirements guide.

No. The Dubai Land Department registers the Maldives cluster in five phases, Maldives 1 to Maldives 5, each as its own project, but eligibility is assessed on the value registered for your own home, not on the phase it sits in. The register details on the Maldives at DAMAC Islands Golden Visa page are those of Maldives 1 (project 3388); a buyer in Maldives 2 to 5 relies on the Oqood or title deed issued for their own unit, which names their phase and the registered value.

No. The 4% DLD registration fee is a government charge paid at booking on top of the price, and it is not part of the purchase value. What is measured is the value registered on the Oqood or title deed, so for a 4 Bedroom Townhouse at Maldives at DAMAC Islands the figure assessed is the contract price, AED 2.34M ≈ USD 637K at the listed starting price, without fees added.

In many cases, yes. Off-plan applications are typically supported by the Oqood registration together with proof that the purchase meets the qualifying value and any paid-value conditions applied at the time of application. The alternative is to apply once completion has turned the Oqood into a title deed, after the expected Q4 2028 handover, which gives the most straightforward file. Both routes are compared in the off-plan Golden Visa guide.

DAMAC's DAMAC Islands launch plan of November 2024 sets 20% at booking, 55% over 39 instalments dated by months from the sale, and 25% on completion. Because the four 5% instalments fall among the first 24, a buyer who keeps to the schedule has paid 60% of the price after the 24th instalment and 75% after the 39th, which gives a clear view of when a commonly applied paid-value condition could be met. The schedule for your unit is the one in your SPA, so confirm it with DAMAC for your Maldives phase.

It can, under the rules in force at the time of application. Mortgaged property is commonly accepted where the registered value meets the threshold, usually with a letter from the lending bank confirming the amount already paid; the conditions are set by the authorities and updated from time to time. On an off-plan purchase the bank's terms and the payment schedule both affect when that letter can be issued.

Joint ownership is assessed share by share: each owner's portion of the registered value is what is measured, under the rules in force when they apply, and the authorities can treat spouses differently from other co-owners. On an equal two-way split, each half of a villa from AED 6.31M ≈ USD 1.72M upward stays above the AED 2M ≈ USD 545K threshold, while each half of either townhouse type falls below it.

Property-based Golden Visa holders can generally sponsor a spouse and children, subject to the documents and conditions applied by ICP or GDRFA at the time of application. Family residency is tied to the main applicant's visa, so it lasts only as long as that visa remains valid. What the visa covers for family members is set out in the Golden Visa benefits guide.

The program's current term for property investors is 10 years, renewable. Renewal generally requires that you still hold property meeting the value threshold when you renew, so selling the home, or replacing it with one registered below the threshold, can affect eligibility. The renewal requirements are those in force at the time.

No. For buyers who purchase through this advisory, the VIP application service, covering document preparation, submission, and status follow-up, is included at no charge. Only the official government fees apply, as published by the issuing authorities at the time of application.

No. A purchase registered at or above the threshold makes you eligible to apply, but the decision rests with ICP or GDRFA, which apply all requirements in force at the time of application, including ownership verification and standard background checks. The register readings for Maldives 1 are followed on the Maldives at DAMAC Islands construction updates page.