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Damac Elite Investment Co

Damac Islands - The Tropics 1 & 3 & 5

DAMAC Islands · Coming soon
DAMAC Islands

Damac Islands - The Tropics 1 & 3 & 5

Homes
Apartments
Handover
Dec 2030
Status
Coming soon
Price on request
by Damac Elite Investment Co

Damac Islands - The Tropics 1 & 3 & 5 is a current off-plan development by Damac Elite Investment Co in DAMAC Islands, Dubai, registered with the Dubai Land Department (project 4385). The project comprises 1,905 residential units. Declared project value: AED 490M. Scheduled handover: Dec 2030. Register your interest with ERE Homes for floor plans, payment plans and launch pricing.

Project details
Developer
Damac Elite Investment Co
Community
DAMAC Islands
Home types
Apartments
Handover
Dec 2030
Project status
Coming soon
Construction
0% complete
DLD project no.
4385
Escrow
RERA-regulated account
Location
Damac Islands - The Tropics 1 & 3 & 5 sits here, in DAMAC Islands, Dubai.
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Damac Islands - The Tropics 1 & 3 & 5 questions
Where is Damac Islands - The Tropics 1 & 3 & 5 located?
Damac Islands - The Tropics 1 & 3 & 5 is in DAMAC Islands, Dubai, Dubai. It is registered with the Dubai Land Department as project 4385, which is the number to quote if you want to verify it on the DLD escrow register yourself.
When does Damac Islands - The Tropics 1 & 3 & 5 hand over?
The developer has scheduled handover for Dec 2030. Off-plan handover dates move. We track the DLD construction reports on this project and will tell you if it slips.
Who is the developer of Damac Islands - The Tropics 1 & 3 & 5?
Damac Islands - The Tropics 1 & 3 & 5 is developed by Damac Elite Investment Co. They currently have 2 projects on the Dubai Land Department off-plan register, which you can see on their developer page. Before you commit to any off-plan purchase we will look at that developer's actual delivery record rather than their brochure.
What types of home does Damac Islands - The Tropics 1 & 3 & 5 have?
Apartments. Floor plans and the unit mix per release come from the developer, and we can send you the current set with what is still available.
Can foreigners buy at Damac Islands - The Tropics 1 & 3 & 5?
Any nationality can buy freehold in Dubai's designated freehold areas, with no residency visa or UAE bank account required, and you can complete from overseas by Power of Attorney. A purchase at or above AED 2 million can also qualify you for the 10 year Golden Visa. We confirm the ownership type on this specific project in writing before you pay anything.
What is the payment plan on Damac Islands - The Tropics 1 & 3 & 5?
Payment plans on off-plan are set by the developer per release and change between phases, so any plan published on a third party site is likely out of date. Your payments go into a RERA-regulated escrow account tied to this project rather than to the developer directly. Ask us for the current schedule, including whether there is a post-handover element.
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