# Damac Islands - Seychelles 2

Damac Islands - Seychelles 2 is a project by Damac Elite Investment Co. L.L.C, recorded at 3% complete at its last Dubai Land Department inspection. 180 sales registered in the trailing 12 months at a median AED 3.04M. Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Damac Elite Investment Co. L.L.C | DLD verified |
| Status | Active | DLD verified |
| Construction progress | 3% | DLD verified |
| Registered with DLD | 18 Jun 2025 | DLD verified |
| Construction started | 30 Nov 2025 | DLD verified |
| Declared completion | 30 Jun 2029 | DLD verified |
| Units in the project | 474 | DLD verified |
| Project area | 79 896 sqm | DLD verified |
| Escrow agent | Emirates Nbd Bank  (P.J.S.C) | DLD verified |
| Project number | 3800 | DLD verified |

Damac Islands - Seychelles 2 is a project by Damac Elite Investment Co. L.L.C, recorded at 3% complete at its last Dubai Land Department inspection. 180 sales registered in the trailing 12 months at a median AED 3.04M. Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 3.04M | +8.9% |
| Interquartile range | AED 2.79M – AED 3.56M | |
| Median price per sqft | — AED | — |
| Registered sales, 12 months | 180 | -33.6% |
| Off-plan share | 0.0% | |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/damac-islands-seychelles-2/  
**Suggested citation:** Continental Club Property, "Damac Islands - Seychelles 2", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/damac-islands-seychelles-2/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.