Bora Bora 3 DAMAC Islands Dubai

Bora Bora 3 is the third and latest release of the Bora Bora cluster at DAMAC Islands, the island-themed townhouse and villa community DAMAC Properties is building in Al Yelayiss 1, Dubailand. It sells four- and five-bedroom townhouses of about 2,208 to 3,178 sq ft and six-bedroom villas of about 4,440 sq ft. The four-bedroom townhouse launched at AED 2,296,000 (about Rs 5.91 crore), the lowest launch figure we found in the whole community.

The plan is 20/55/25, with part of the construction share paid as 1% a month for 39 months, and handover is December 2028. DAMAC's current release, though, starts at AED 4.0 M for a five-bedroom, so the launch price and today's price are far apart. This page covers what is specific to Bora Bora 3 and how it differs from its sister releases.

At a glance

Price and unit pricing

The source listing shows no price, so we print AED 2,296,000, the four-bedroom launch figure that three broker pages give. The same pages quote 2.29 M in shorthand. A project page that reads DAMAC's current inventory shows only five-bedroom units of 3,178 sq ft from AED 4.0 M, which tells you the four-bedroom launch stock has been sold. The two figures are not a conflict so much as two dates; DAMAC's price list on the day of booking settles what is still available and at what price.

On a per-foot basis the five-bedroom at AED 4.0 M costs about AED 1,259 per sq ft, about 21% above the four-bedroom's launch rate. That is still below DAMAC Islands 2, where a four-bedroom of 2,186 sq ft starts at about AED 1,370 per sq ft in Bahamas and AED 1,523 in Barbados, with a handover 18 months later.

Bora Bora 3 against Bora Bora 2

The two releases share townhouse sizes, the 4,440 sq ft villa and the Q4 2028 date. Bora Bora 2 launched first, on 1 December 2024, at AED 2,377,000; Bora Bora 3 came in AED 81,000 lower. Bora Bora 2 has a published unit count of 233 and a construction start of 21 April 2025; for Bora Bora 3 no source gives either. If you are choosing between two resale contracts at the same price, the one with a documented start date is easier to check.

Payment plan and total cost

DAMAC's plan here is 20% on booking, 55% during construction and 25% at handover, nothing after handover. One broker page describes the construction share as 1% a month for 39 months. That adds up to 39%, not 55%. The other 16% has to be paid somewhere, most likely as lump-sum instalments at construction milestones. Ask for the full payment schedule annexed to the SPA before you sign, because that is where the gap is filled.

Worked example: the AED 2,296,000 four-bedroom townhouse

Before the Oqood registration charge, the entry townhouse costs about AED 2,433,760 with a broker, or about Rs 6.27 crore. On the AED 4.0 M five-bedroom the same plan means AED 800,000 at booking, AED 40,000 a month, and AED 1 M at handover, plus AED 160,000 of DLD fee.

No service charge rate is published for DAMAC Islands. With lagoons, beaches and pools to maintain, budget cautiously and ask DAMAC for its estimate per sq ft in writing. The DLD's service charge index will carry the approved figure after handover.

Location and connectivity

Bora Bora 3 sits with Bora Bora 1 and 2 in phase one of DAMAC Islands, beside the Maldives, Seychelles, Hawaii, Bali and Fiji clusters. The community is in Al Yelayiss 1, south Dubailand, reached from Sheikh Mohammed bin Zayed Road (E311) and Emirates Road (E611), with DAMAC Lagoons and DAMAC Hills 2 as neighbours.

Drive times quoted for the community are about 30 to 35 minutes to Downtown Dubai and 35 to 40 minutes to DXB, with DWC and Expo City to the south-west and Global Village and Dubai Outlet Mall closer by. There is no Dubai Metro here; you will drive for work, school and shopping until the master plan's retail opens.

Being the third release has one practical upside: the Bora Bora cluster will be one of the first parts of DAMAC Islands to be fully built and occupied. The downside is that three releases of similar townhouses will reach the resale market at the same time.

Amenities and specifications

Quoted for Bora Bora 3: townhouses of four and five bedrooms and villas of six, modern finishes, private gardens and private pools on the villas. Community facilities listed include direct beach access, infinity pools, a fitness centre, yoga areas and steam rooms, jogging and cycling trails, a marina and yacht club area and dining outlets.

These are DAMAC Islands facilities, shared across the clusters. Appliances, parking and any smart-home package are not published. A floor-plan PDF for Bora Bora 3 is offered by one broker; check that the plan you are shown carries DAMAC's name and matches the unit number on your booking form.

About the developer

DAMAC Properties, founded in 2002, says it has delivered more than 50,000 homes and has more than 54,000 under construction across the UAE and abroad. It reported AED 36 billion of sales in 2025 and 8,800 handovers in the first half of 2026.

Its nearest villa track record is DAMAC Lagoons next door, where the first Santorini cluster units were handed over in November 2025, and the completed DAMAC Hills and DAMAC Hills 2. Independent reviews put DAMAC's average handover delay at 6 to 12 months past the SPA date. For Bora Bora 3, that means planning for keys some time in 2029.

For Indian buyers

Ownership. DAMAC Islands is freehold, open to Indian passport holders, and the DLD issues the title deed in your name. Dubai charges no annual property tax.

The LRS and the monthly plan. The LRS allows USD 250,000 per person per financial year, about AED 918,000. A 1% monthly instalment of AED 22,960 is about AED 275,500 a year, well inside one person's limit, and the AED 459,200 booking fits alongside it. The handover payment of AED 574,000 plus milestone payments will need planning, or a second family member's allowance. TCS at 20% applies to remittances above Rs 10 lakh a year and is refunded against your tax.

Golden Visa. Every unit is priced above the AED 2 M threshold. Confirm the off-plan rules with the DLD when you apply.

Rent, tax and exit. There is no rent to measure yet. Rental income after handover is taxable in India if you are resident, and the property goes in Schedule FA. At resale you will be competing with Bora Bora 1 and 2 owners selling near-identical homes, so your purchase price matters more than the brochure. For wider choice, see all Dubai projects we track or our projects page.

Pros

• The lowest launch price among the DAMAC Islands clusters in our set: AED 2,296,000 for a four-bedroom townhouse
• About AED 1,040 per sq ft at launch, against AED 1,370 to 1,520 at DAMAC Islands 2
• A monthly 1% schedule is easier to fund from salary or LRS remittances than large lump sums
• December 2028 handover, 18 months ahead of DAMAC Islands 2
• Three Bora Bora releases side by side should give a settled cluster once all are delivered

Cons

• The launch price is not what DAMAC sells at now: its current release starts at AED 4.0 M for a five-bedroom
• No unit count, launch date or construction start in any source we found - less checkable than Bora Bora 2
• The '55% over 39 months at 1%' description does not add up; 16% is unexplained until you see the SPA
• Villa price not published
• Service charges not published
• Three releases of near-identical townhouses in one cluster means direct resale competition

Who this is for

• Families who want four or five bedrooms in phase one of DAMAC Islands
• Buyers funding from income who prefer a fixed monthly instalment
• Resale buyers who can find a launch-price contract with a modest premium
• Golden Visa seekers who want a ticket just above AED 2 M

Who should look elsewhere

• Anyone paying AED 4 M for a five-bedroom without comparing it to DAMAC Islands 2 prices
• Buyers who need rental income before 2029
• Anyone who needs the Dubai Metro nearby
• Buyers who want a published unit count and construction start before committing

Our verdict

Bora Bora 3 is the same product as Bora Bora 2 - the same townhouse sizes, the same villa and the same December 2028 date - sold a little later and a little cheaper at launch. The launch rate of about AED 1,040 per sq ft is the lowest we found anywhere in DAMAC Islands. But that price is history: DAMAC's current release starts at AED 4.0 M for a five-bedroom of 3,178 sq ft, about AED 1,260 per sq ft. The 1% monthly schedule is useful for salaried buyers, provided you find out when the other 16% of the construction payments falls. It is less documented than Bora Bora 2, with no unit count, launch date or construction start in print.

Buy Bora Bora 3 on resale if a launch buyer will sell near the AED 2.3 M original, because that is where the value is. At DAMAC's current AED 4.0 M five-bedroom price, compare it line by line with the DAMAC Islands 2 clusters, which cost less per foot for a later handover. Either way, get the DLD number and the full instalment schedule before paying.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of Bora Bora 3?

Four-bedroom townhouses launched from AED 2,296,000 (about Rs 5.91 crore) at about 2,208 sq ft. DAMAC's current release shows five-bedroom units of 3,178 sq ft from AED 4.0 M. The villa price is not published. DAMAC's price list on the day settles it.

What is the payment plan?

20% on booking, 55% during construction and 25% at handover. One page describes 1% a month for 39 months, which covers 39% of the 55%; the remaining 16% is paid at construction milestones set out in the SPA.

When is the handover?

December 2028 (Q4 2028). No source publishes construction progress. DAMAC's record suggests allowing 6 to 12 months extra.

How is Bora Bora 3 different from Bora Bora 2?

Same sizes and same handover quarter, but Bora Bora 3 launched AED 81,000 lower at AED 2,296,000 and is sold with a 1% monthly schedule. Bora Bora 2 has a published unit count (233) and a dated construction start; Bora Bora 3 has neither.

Is there a DLD project number?

DXB Interact tracks Bora Bora 3 as its own project, so it is registered, but no source prints the number. Get it from DAMAC and check it on the Dubai REST app.

Does it qualify for the Golden Visa?

Every unit is priced above the AED 2 M threshold. Off-plan rules change, so confirm eligibility with the DLD when you apply.

What are the service charges?

Not published. Ask DAMAC for its estimate per sq ft in writing.

What is the rental yield?

Unknown. Nothing at DAMAC Islands has been handed over, so there is no rent to measure. Treat any ROI figure on a marketing page as a projection.

Compare with other Dubai projects

Also in DAMAC Islands: Seychelles (from AED 2.3 M, handover 2029) and Bora Bora 2 (from AED 2,377,000, handover 2028).

More by DAMAC: Sapphire (from AED 2.16 M, handover 2029), Mykonos (from AED 2.47 M, off-plan) and Damac Hills Pelham (from AED 2,475,000, ready).

A similar budget elsewhere in Dubai: Haven by Aldar (from AED 2.3 M, handover 2027), Emaar Golf Links Villas (from AED 2.4 M, ready) and Venera Townhouses (from AED 2,480,000, handover 2028).

Read next: DAMAC Projects in Dubai: Prices, Clusters and the Delivery Record · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · Villas and Townhouses for Sale in Dubai: Prices and Returns. Every Dubai project we track is listed on the Dubai section.