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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: Bahamas 2 4-BR by Damac in Damac Islands 2

AED 1,131

Per Sq. Ft.

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CLICK TO VIEW FLOORPLAN

Distress deal floorplan for 4-BR in Bahamas 2, Damac Islands 2 (2,210 sq.ft; 4-BR).
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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-bedroom villa in Bahamas 2, Damac Islands 2, is offered as a distress deal at AED 2,500,000. The original price, including DLD fee, was AED 2,855,840, reflecting a 12.5% discount or AED 355,840 below the reference point. With a built-up area of 2,210 sq.ft, the entry basis is AED 1,131 per sq.ft. This is a ground plus one (G+1) layout, with balcony and parking included. The handover is scheduled for Q1 2030, so the investment case is for a forward-purchase in a major off-plan community by Damac. The immediate thesis is that the buyer secures a four-bedroom villa at a visible discount to both the original price and recent transaction benchmarks in the same project, with a payment plan stretching to handover. The deal is not about immediate rental income, but about securing a lower entry basis in a new master-planned district with a long-term view on capital appreciation and future liquidity.

 

LOCATION & TRANSPORT

 

Bahamas 2 is part of Damac Islands 2, a large-scale master community in the Al Yelayiss 1 area of Dubai. The wider Damac Islands development is positioned to benefit from future infrastructure upgrades and new access routes as the area matures. While the community is still under construction, the planned road network is designed to connect residents efficiently to Sheikh Zayed Road and other major Dubai corridors. For investors, the location is about future connectivity rather than current convenience. The area is expected to attract both end-users and investors as the project nears completion, with the transport profile improving as the district develops. Ride-hailing and private car use will likely be the main modes of transport initially, with public transport options potentially expanding as the community grows.

 

AMENITIES & SURROUNDING

 

Bahamas 2 residents will have access to a comprehensive set of amenities shared with the wider Damac Islands 2 community. These include barbecue areas, a clubhouse, co-working spaces, cycle paths, a farmers' market, fitness centre, garden, lagoon pool, lake, library, private gardens, private pools, recreational facilities, restaurants, rooftop terraces, social activity areas, spa, sports facilities, waterfall, yoga deck, and a zipline. The master plan is designed to create a resort-style environment with a focus on wellness, leisure, and social interaction. Surrounding infrastructure is still in the development phase, but the vision is for a self-contained district with retail, dining, and recreational options integrated into the community. This amenity mix is intended to appeal to families and lifestyle-oriented buyers seeking a modern, activity-rich environment.

 

MARKET

 

Recent transaction data in Damac Islands 2 shows 4-bedroom villas trading at AED 2,825,000 (1,551 sq.ft, AED 1,821 per sq.ft) and AED 2,982,000 (1,550 sq.ft, AED 1,924 per sq.ft) in April and May 2026. Against these, the subject villa is priced at AED 2,500,000 for 2,210 sq.ft, or AED 1,131 per sq.ft—significantly below both the headline price and price per square foot of recent sales. This positions the deal as a clear value entry for investors who are comfortable with off-plan risk and a multi-year holding period. The buyer profile is likely to be a mix of investors seeking capital appreciation and end-users planning for future occupation. Liquidity in the early stages may be limited, as the project is still several years from completion, and resale activity is typically thinner in the pre-handover phase. The main risk points are construction timeline, future service charges, and the pace of area infrastructure delivery, all of which are standard for large-scale off-plan investments in Dubai.

 

CONCLUSION

 

For investors seeking discounted entry into a major off-plan villa community, this 4-bedroom Bahamas 2 unit offers a visible price advantage over both original pricing and recent comparable transactions. The payment plan structure and long handover timeline mean this is a forward-looking play, best suited to buyers who are comfortable underwriting construction and area development risk in exchange for a lower entry basis. The amenity-rich master plan and Damac’s track record in delivering large communities support the long-term case, but buyers should be realistic about holding period, liquidity, and the need to monitor project progress. In summary, this is a disciplined way to secure a four-bedroom villa in a new Dubai district at a meaningful discount, provided the investor is prepared for the standard risks attached to off-plan acquisitions and is focused on long-term value rather than immediate returns.

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