top of page

DISTRESS DEAL: 4-BR IN BAHAMAS 2

Original Price: AED 2,855,840

Asking Price: AED 2,500,000

12.5% Below O.P.

Size: 2,210 sq.ft

Developer: Damac

Location: Damac Islands 2

Completion Date: Q1 2030

Distress deal hero image for Bahamas 2 by Damac in Damac Islands 2 (4-BR).

AED 1,131

Per Sq. Ft.

REGISTER YOUR INTEREST

REQUEST FULL DETAILS

CLICK TO VIEW FLOORPLAN

Distress deal floorplan for 4-BR in Bahamas 2, Damac Islands 2 (2,210 sq.ft; 4-BR).
51.jpg

PAYMENT PLAN

UNIT PRICE

AED 2,500,000


PAYMENTS ON TRANSFER


1. Payment to seller

AED 385,580

2. DLD Transfer fee 4% + 40 AED

AED 100,040

3. DLD Registration Trustee fee + 5%VAT

AED 5,250

4. Buyer's agent comission 2% + 5%VAT

AED 52,500


PAYMENT PLAN SCHEDULE


28-MAY-2026

AED 27,460

28-JUN-2026

AED 27,460

28-JUL-2026

AED 82,380

28-AUG-2026

AED 27,460

28-SEP-2026

AED 27,460

28-OCT-2026

AED 27,460

28-NOV-2026

AED 27,460

28-DEC-2026

AED 27,460

28-JAN-2027

AED 82,380

28-FEB-2027

AED 27,460

28-MAR-2027

AED 27,460

28-APR-2027

AED 27,460

28-MAY-2027

AED 27,460

28-JUN-2027

AED 27,460

28-JUL-2027

AED 82,380

28-AUG-2027

AED 27,460

28-SEP-2027

AED 27,460

28-OCT-2027

AED 27,460

28-NOV-2027

AED 27,460

28-DEC-2027

AED 27,460

28-JAN-2028

AED 82,380

28-FEB-2028

AED 27,460

28-MAR-2028

AED 27,460

28-APR-2028

AED 27,460

28-MAY-2028

AED 27,460

28-JUN-2028

AED 27,460

28-JUL-2028

AED 27,460

28-AUG-2028

AED 27,460

28-SEP-2028

AED 27,460

28-OCT-2028

AED 27,460

28-NOV-2028

AED 27,460

28-DEC-2028

AED 27,460

28-JAN-2029

AED 27,460

28-FEB-2029

AED 27,460

28-MAR-2029

AED 27,460

28-APR-2029

AED 27,460

28-MAY-2029

AED 27,460

28-JUN-2029

AED 27,460

28-JUL-2029

AED 27,460

28-AUG-2029

AED 27,460

28-SEP-2029

AED 27,460

28-OCT-2029

AED 27,460

28-NOV-2029

AED 27,460

28-DEC-2029

AED 27,460

On Handover

AED 686,500


SUMMARY


Total on Transfer

AED 543,370

Total remaining Payment Plan

AED 2,114,420

TOTAL COST FOR BUYER

AED 2,657,790


GOT QUESTIONS?

PROJECT DESCRIPTION

OVERVIEW

 

This 4-br in Bahamas 2 is being offered as a Distress Deal at AED 2,500,000. Against the AED 2,855,840 original price plus DLD basis, the current pricing shows a 12.5% below original price discount. The unit is by Damac, recorded at 2,210 sqft, and carries a stated handover of Q1 2030. That combination matters because it gives the buyer a live basis to underwrite today rather than a vague launch narrative: the deal has to stand on the numbers, the product type and the remaining run-in to completion.

 

 

LOCATION & TRANSPORT

 

Bahamas 2 also belongs to the wider Damac Islands community, so the investment story is tied to long-horizon suburban family housing rather than to near-term urban convenience. Buyers here are underwriting the future quality of the full masterplan, road access, schooling catchment and whether the themed-community concept translates into a credible long-term resale market.

 

 

AMENITIES & SURROUNDING

 

As with other Damac Islands homes, the wider amenity package is central to the proposition. Resort-style common areas, family leisure infrastructure and a low-rise residential environment matter because larger homes are rarely bought on bedroom count alone; the community feel and everyday usability will drive both owner-occupier appeal and eventual resale confidence.

 

 

MARKET

 

At AED 1,131 per sq.ft on 2,210 sq.ft, the basis sits in the same broad suburban family-housing bracket as other emerging master-planned townhouse communities. The 12.5% discount is meaningful enough to improve the buyer's cushion against the original launch stack, particularly given the long runway to Q1 2030 handover. That timing means buyers should remain disciplined: the current basis needs to be strong enough not just versus launch pricing, but versus other family-community opportunities that may come to market before delivery. Buyers should also compare the current basis against the strongest competing stock in the same district before allowing for transfer costs, payment-plan exposure and the likely depth of end-user demand at handover. Buyers should also compare the current basis against the strongest competing stock in the same district before allowing for transfer costs, payment-plan exposure and the likely depth of end-user demand at handover. Buyers should also compare the current basis against the strongest competing stock in the same district before allowing for transfer costs, payment-plan exposure and the likely depth of end-user demand at handover. Buyers should also compare the current basis against the strongest competing stock in the same district before allowing for transfer costs, payment-plan exposure and the likely depth of end-user demand at handover.

 

 

CONCLUSION

 

This Bahamas 2 listing is best read as a long-dated family-community value play. The discount is real, the size is substantial and the entry ticket remains manageable by Dubai townhouse standards, but the buyer still needs conviction in the Damac Islands masterplan because handover is not until Q1 2030.

 

 

bottom of page