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REA7TOR Rosebank Email Newsletter
January 2026 - View Online
Featured Property
EXCLUSIVE MANDATE
Web Ref RRL307
R3,199,000
Monthly Levy
R2,800
1 1 1
1 Bedroom Apartment For Sale in DAMAC Islands
Studio Apartments at DAMAC Islands, Dubai Launching from AED 680,000 (± R3,196,000), these studio apartments at DAMAC Islands offer South African buyers an entry-level opportunity into a fully master-planned island lifestyle community by DAMAC Properties. This is a highly anticipated Dubai launch and, as is typical with premium off-plan developments, units are expected to sell out on the day of launch. Buyers who are prepared in advance stand the best chance of securing a unit at launch pricing. To participate, buyers submit a refundable Expression of Interest (EOI). The minimum EOI is AED 35,000 (± R164,500), however an EOI of AED 163,200 (± R766,000) significantly improves allocation priority on launch day. The EOI forms part of the purchase price once a unit is secured. The payment plan is buyer-friendly and structured over the construction period, with an initial payment at booking, smaller instalments during construction, and the balance payable on completion. This allows investors to secure property in Dubai without needing the full purchase price upfront. While a studio apartment does not automatically qualify on its own, this investment forms a clear pathway to the UAE 10-year Golden Visa once a total UAE property portfolio value of AED 2 million (± R9.4 million) is reached. DAMAC Islands is strategically located along the growth corridor toward the new Al Maktoum International Airport, positioning it for long-term capital appreciation and strong rental demand. The development forms part of a fully integrated master community offering lagoon-style living, landscaped public spaces, retail and lifestyle amenities. For South African buyers, DAMAC Islands can be compared to a lifestyle destination such as Sun City, but located within a global, tax-efficient city with strong international demand. Exchange rate used: 1 AED = R4.70 (indicative, for marketing purposes) Rand price is indicative for marketing purposes. Final purchase price payable in AED.
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