Under Construction
Malta 1
UAE > Dubai > Damac Lagoons > Malta > Malta 1
60/40
| Description | Milestone Event | (%) Value |
|---|---|---|
| Down Payment | Immediate | 20% |
| 1st Installment | Within 6 Months of Sale Date (1st to 4th Installment) | 4% |
| 2nd Installment | Within 7 Months of Sale Date (5th Installment) | 15% |
| 3rd Installment | Within 13 Months of Sale Date (6th to 11th Installment) | 6% |
| 4th Installment | Within 14 Months of Sale Date (12th Installment) | 15% |
| Payment At Handover | On Completion | 40% |
Details
Title :
Malta 1
Type :
Free Hold
Project Number :
N/A
Completion Status :
Under Construction
Project Configuration :
N/A
Number Of Units :
760
Number Of Sold Units :
N/A
Number Of Remaining Units :
N/A
Number Of Floor :
G+1/G+2
Plot Area :
N/A
Built Up Area :
1,459,809 Square Feet
Status Percentage :
93.12
Launch Date :
N/A
Registration Date :
26-May-2022
Construction Started Date :
23-Aug-2022
Anticipated Completion Date :
29-Sep-2025
Cost Consultants :
N/A
Piling Contractors :
N/A
Handover Date :
01-Sep-2025
Main Contractors :
N/A
Sub Contractors :
N/A
Architects :
N/A
MEP Contractors :
N/A
Project Managers :
N/A
Description
Malta 1 at Damac Lagoons is a sub-community of Damac Lagoons, Dubai. The master developer is Damac Properties. The project is one of Malta 1, Malta 2
IN A NUTSHELL
- Freehold residential Villa and Townhouse community
- Located in the heart of Damac Lagoons
- The development has an estimate of 760 units
- This Project offers 4- and 5-bedroom townhouses in Damac Lagoons
- It just wouldn’t be Malta without a Floating Flower Market
- Waterside cafes and gondola-like facilities
- Waterside boutiques, shopping, and dining venues
- Malta is situated in DAMAC Lagoons along Hessa Street and opposite DAMAC Hills community, close to the main arterial roads, Mohammed Bin Zayed Road, Emirates Road and Al Khail Road
Type LTH-5D-E
- Type LTH-5D-E is a five-bedroom, three-story townhouse.
- The ground floor has a living and dining area, a kitchen, and an en suite bedroom.
- Outside is a patio and garden, and in front of the house is a carport for two vehicles.
- The master bedroom and bathroom are on the first floor together with two more ensuite bedrooms and a 9.7 sq m terrace.
- The master bedroom, which is in the front of the house, has a balcony.
- On the second floor, there is an extra bedroom and a maid’s bedroom, both ensuite, and a 19 sq m terrace.
- The master plan includes 220 end-of-terrace townhouses of this type.
Type LTH-4D-M
- Type LTH-4D-M is a four-bedroom, two-story townhouse.
- The ground floor has a living and dining area, a kitchen, and an en suite bedroom.
- Outside is a patio and garden, and in front of the house is a carport for two vehicles.
- The master bedroom and bathroom are on the first floor with two more en suite bedrooms.
- There is an 8.3 m terrace at the back of the house. The master bedroom is in the front of the house and has a 3.8 sq m balcony.
- The master plan includes around 750 mid-terrace townhouses of this type.
