- Status
- Sold out, delivered
- Malta 1
- 1,517 homes, completed 31 March 2026
- Malta 2
- 367 homes, completed 31 March 2026
- Original target completion
- 29 September 2025
- Developer
- DAMAC Properties
- Legal entity
- Island Oasis Properties
- Product
- Villas and townhouses
- Bedrooms
- 4 to 7
- Total homes
- 1,884 across two phases
- Sales start, Malta 1
- 23 May 2022
- Sales start, Malta 2
- 31 July 2022
- Construction start
- 23 August 2022, both phases
- Floors
- Available on request
- Launch price, 4 bed townhouse
- AED 1,750,000
- Launch price, 5 bed townhouse
- AED 2,600,000
- Payment plan, DAMAC sheet
- 20 percent deposit, 60 in build, 20 on completion, per Malta-Payment-Plan.pdf. Matches Malta 1 registry. Malta 2 registry is 15 / 65 / 20.
- Payment plan, Malta 2 registry
- 15 percent deposit, 65 in build, 20 on handover
- Post handover plan
- None recorded
- Service charge per sqft
- Available on request
- DLD community
- Al Hebiah Fifth, Dubai
- Registered median, all time
- AED 1.91 million
- Registered sales, last 12m
- 99
- Registered median, last 12m
- AED 2.59 million
- Registered rate, last 12m
- AED 1,078 per sqft
Source: Dubai Land Department registered sales via ADREC. Residential sales only, land plots excluded, rate outliers filtered to AED 50 to 8,000 per sqft. Data through 27 April 2026. Last checked 6 September 2026.