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DAMAC Lagoons

mixed community

AED 1,535/sqft-8.0%YoY

A mega waterfront community inspired by Mediterranean, Bali, and Maldives aesthetics. Features man-made beaches and lagoons.

Median PSF
AED 1,535/sqft
YoY change
-8.0%
5-yr sales
7,272
Median price
AED 2.99M
DAMAC Properties· Premium9,200residents· 4K householdsEst. 2022
Compare

DUBUY VERDICT

Capital growth, not cashflow for the appreciation thesis

DAMAC Lagoons has compounded 49% over 3 years. Yields are below median — buy for resale, not rental income.

YoY change

-8.0%

3-yr growth

+49%

Gross yield

5yr volume

7,272

Median PSF

AED 1,535

All types

YoY change

-8.0%

3-yr growth

+49%

PSF growth to 2026

Gross yield

DAMAC Lagoons is a mixed apartment-and-villa community in Dubai with 7,272 transactions on record over the last five years. Median price per square foot sits at AED 1,535, down 8.0% year-on-year, tracking below the city-wide 13.3% benchmark. Use the tabs above to drill into the market detail, rental economics, schools catchment, lifestyle amenities, off-plan pipeline or active listings.

Affordability quick-look

Pre-filled with DAMAC Lagoons median. Drag the sliders — DLD-typical 4.5% APR over 25 years.

Full calculator
Property priceAED 2.99M
Down payment25% · AED 747K

Monthly payment

AED 12K

Loan AED 2.24M · 25 yrs @ 4.5%

Indicative only — real rates vary by bank, residency status and credit profile. UAE typically requires 20–25% down for residents, 35–50% for non-residents.

What residents say about DAMAC Lagoons

Praised for friend achieved strong returns on early damac lagoons clusters. Criticised for community has reputation for construction quality concerns.

Resident sentiment

Above average

vs all tracked Dubai communities

Damac has history of significant project delays beyond promised dates
r/dubai · 2023

Reddit r/dubai, r/UAE, r/expats · 31 on-topic mentions · updated 2026-04-24

What they talk about

  • price100%
  • handover delays75%
  • investment65%
  • developer reputation60%
  • resale60%
  • build quality35%

Sentiment trend

Need 3 more quarters

Mostly discussed by

investors

52% of mentions

What people praise

  1. +Friend achieved strong returns on early Damac Lagoons clusters×1
  2. +Offers more amenities compared to competing developments×1
  3. +Competitive pricing relative to similar sized properties×1
  4. +Attractive post-handover payment plan spreads costs over 2-3 years×1
  5. +Developer reportedly improving quality standards on this project×1

What people criticise

  1. Community has reputation for construction quality concerns×2
  2. Damac has history of significant project delays beyond promised dates×1
  3. Build quality concerns reported across Damac developments×1
  4. Property unlikely to recover initial investment value by completion×1
  5. Known for delayed project handovers×1

What people talk about

Horizontal bars showing how often each aspect is discussed and how positively or negatively. Longest bars are most-discussed aspects.

price
-0.24·20
handover delays
-0.01·15
investment
-0.02·13
developer reputation
-0.49·12
resale
-0.34·12
build quality
-0.51·7
rental market
+0.15·3

Paraphrased by AI from the original Reddit content — never verbatim. Click any card to read the source thread.

Damac has history of significant project delays beyond promised dates

r/dubai2023Original thread

Developer charges excessive fees for document copies and refuses to share blank templates

r/dubai2025Original thread

Prices have doubled in a short timeframe, making purchases unaffordable

r/dubai2023Original thread

Who's talking

Investors 52%Considering a move 36%Residents 13%

Communities with similar vibes

Based on cosine similarity of what people praise and criticise about each area.

Based on 31 Reddit posts and comments (2021–2026) from r/dubai, r/UAE, r/expats and r/digitalnomad, scored by Claude Haiku. Last updated 2026-04-24. Read the full methodology.

Market Context

Dubai Property Index
153.7
+13.3% YoY (citywide)
This Area vs Market
Underperforming
-8.0% vs +13.3%
Housing Inflation
5.3%
Annual (Dubai average)

Dubai's property market has grown 60% since the 2020 pandemic low. DAMAC Lagoons is growing more moderately, which may indicate better value opportunities.

Nearby schools2 schools

View on DubaiSchools.ai
Outstanding

0

Very Good

0

Curriculums

1

School Score

12/100

Filter:

Available Curriculums

School data from DubaiSchools.ai • KHDA ratings • Updated May 2026

Local amenities

Amenities within 2.5km walking distance • 0 total outlets near DAMAC Lagoons

Walkability Score
0/100

Almost All Errands Require a Car

Food & Drink
0
Restaurants0
Cafes & Coffee0
Bars & Nightlife0
Shopping
0
Supermarkets0
Mini Marts0
Health
0
Pharmacies0
Clinics0
Lifestyle
0
Gyms & Fitness0
Spas0
Salons0

Lifestyle Scores

Dining0/100
Shopping0/100
Health0/100
Nightlife0/100

Data source: OpenStreetMap via Overpass API • 2.5km radius • Last updated: June 2026

Transport & Lifestyle

Transit Score
30/100

Based on metro, tram, bus & marine access

Walkability Score
40/100

Based on parks, cycling tracks & local amenities

No Metro
No Tram
No Bus
No Ferry
No Parks
No Cycling

Nearby Landmarks & Transport

Based on DLD transaction records for properties in DAMAC Lagoons

Metro Stations

Palm Deira Metro

Nearest

Al Ras Metro

Baniyas Square Metro

Shopping Malls

Al Ghurair Centre

Nearest

BurJuman Centre

City Centre Deira

Landmarks

Gold Souk

Nearest

La Mer

Active listings in DAMAC Lagoons

Sale and rental listings pulled from PropertyFinder. Filter by purpose, bedrooms, or price — sort live.

No active listings indexed yet

PropertyFinder syncs are weekly. Try again soon, or browse PropertyFinder directly.

Investability index

5-driver composite · v1.0

Average
43/100Rank #72 of 90
Strongest: Price stability Weakest: 6-month growth
Rental yield · no rental data
6-month growth20th pct · +1.4% 6mo forecast
Sales volume56th pct · 1,911 sales / 12mo
Resident sentiment44th pct · 44 composite (market proxy: velocity + asking compression + acceleration + stability)
Price stability63th pct · CV 6.4% (last 6 quarters)
See full ranking

Investor-leaning. Not a buy/sell signal — cross-reference drivers before deciding.

6-month forecast

From 2025Q4 · 8 quarters of data

medium
+1.4%over 6mo

AED 1,694/sqft → AED 1,717/sqft

Range AED 1,5801,854· -3.3 pp vs Dubai forecast (+4.7%)

Drivers

Base trend

OLS slope of last 8 quarters' median psf, projected 6mo

+1.4 pp

Supply pressure

0% off-plan share — low incoming supply

+0.0 pp

Demand pull

Sentiment trend +0.00 over last 4q (Reddit, n=31)

+0.0 pp

OLS trend + supply pressure + sentiment momentum. Not a substitute for property-level appraisal. Methodology →

Value a unit in this community

Bedroom-specific psf, building-tier adjusted, with the actual comparables we used. Free — methodology shown.

Get a valuation

Developer1 developer

Scores are editorial — DLD delivery record + RERA filings + industry reports

Area health & valuations

Healthcare, education, government housing, air quality, and official land valuations.

Loading air quality data...

Real Estate Agents in Dubai

DLD-licensed agents • 39,463 registered brokers from 12,135 agencies

View All Agents

Top Agencies by Team Size

1
F A M REAL ESTATE BROKER L.L.C...
406 licensed agents
2
WHITE AND WHITE REAL ESTATE L....
394 licensed agents
3
DRIVEN PROPERTIES L.L.C (BRANC...
382 licensed agents
4
HARBOR REAL ESTATE BROKER L.L....
336 licensed agents
5
ON PLAN REAL ESTATE L.L.C
322 licensed agents

Featured Agents

Olga Kostyleva
F A M...
04 455 0100
License: 9589 • Valid until 2026-07-18
Mohamad Fares
F A M...
+971 55 995 2006
License: 22873 • Valid until 2026-10-12
Shireen Rose
WHITE AND WHITE...
04 302 5800
License: 36032 • Valid until 2027-01-05
Robert William
WHITE AND WHITE...
+971 05 217 20702
License: 36534 • Valid until 2026-01-05
Abdul Haseeb
DRIVEN PROPERTIES L.L.C...
04 421 4559
License: 27123 • Valid until 2027-01-13
Shameem Abdulla
DRIVEN PROPERTIES L.L.C...
04 429 7040
License: 29080 • Valid until 2026-01-13

All agents verified through Dubai Land Department (DLD) licensing system

Service charges

RERA-registered rates for DAMAC Lagoons

Average

AED 20/sqft

Range: AED 1528/sqft

Source: RERA / DLD (2025)

Moderate fragility · score 54/100
  • Market-behavior sentiment trending negative

Composite of leverage trend, transaction velocity, asking-vs-realized wedge, sentiment proxy, and off-plan share. Higher = more vulnerable to a downturn. Not a buy/sell signal — context only.

Green coverage

High green coverage
Parks
13
Gardens
6
Woods / forest
0
Recreation grounds
0
Pitches
31
Grass / lawns
36
Total features
86
Named parks
9
Score
122

Counts OpenStreetMap-tagged green features (parks, gardens, woods, grass, pitches) within a 2.5km walking radius of the community centroid. Weighted score privileges named parks + established woods over generic grass strips. v2 will add ESA WorldCover 10m satellite NDVI for actual % canopy coverage — captures everything green including private gardens, road verges, and golf courses.

Flood exposure

Flooding reported (2024)
Basis
Reported April 2024 flooding
Elevation (context)
25 m

April 2024: Standing water reported in the wider Dubailand belt.

A conservative, news-derived read of communities reported flooded in the April 2024 event — indicative only, not an engineering, drainage or insurance assessment. Elevation is shown as context, not used to score risk (Dubai is flat; drainage drives flooding). Communities without a rating were simply not reported — that is not evidence of safety. Methodology

Time machine

historical median PSF

Pick a date and click "Look up" to see this community's median PSF and transaction counts on that day. Data starts from when our weekly DLD pipeline began persisting snapshots.

Watch DAMAC Lagoons

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Similar to DAMAC Lagoons

Data updated June 2026 · DLD Official Records

Highlights

Themed clustersMan-made beachesCrystal lagoons

Frequently asked questions about DAMAC Lagoons

What is the average property price in DAMAC Lagoons?

The median property price in DAMAC Lagoons is AED 2,988,000, with a median price per square foot of AED 1,535. Prices have changed -8.0% year-over-year as of the latest DLD data.

What types of properties are available in DAMAC Lagoons?

DAMAC Lagoons is a mixed-use community with approximately 0% apartments and 0% villas. The most common property types include .

How is the real estate market performing in DAMAC Lagoons?

DAMAC Lagoons has seen 7,272 property transactions over the past 5 years. The current year-over-year price change is -8.0%, with 1,910 transactions in the last 12 months. This data is sourced from the Dubai Land Department (DLD).

Numbers above are derived from Dubai Land Department (DLD) transaction records and Ejari rental contracts as of early 2026.How we built this.