Damac Lagoons is a district of Dubai, 2 listings available with us.
Damac Lagoons is a large masterplanned residential community by Damac Properties on the former Dubai Golf City site. The scheme is designed as a Mediterranean-inspired complex with white sandy beaches, lagoons and themed clusters. The masterplan covers approximately 45 million square feet and involves conversion of over 400 hectares into a multi-cluster residential destination.
Damac Lagoons is a multi-cluster development organised around a series of themed communities. The overall layout is divided into multiple Mediterranean-inspired neighbourhoods—examples cited by the developer include Santorini and Portofino—and each neighbourhood is structured around a local hub defining its amenity and leisure focus. Venice is described as a Fun Hub, while Morocco is a Tranquility Hub. The community is located in Dubai at approximately 25.017343, 55.233961.
The masterplan combines villas, townhouses and shared community infrastructure arranged around a network of lagoons and beaches. The developer has described the project as bringing a tropical-island and Mediterranean atmosphere to a large Dubai community.
Major destinations from Damac Lagoons include:
Work on Damac Lagoons is under way as a broad masterplan, with multiple construction contracts and cluster packages awarded. Damac Properties has announced a range of contracts and consultant appointments across the clusters and infrastructure.
Handovers have begun at the Santorini cluster, with the first units delivered to owners, indicating early completions within the wider masterplan.
Projects within and immediately adjacent to Damac Lagoons include Monte Carlo Residences, Santorini Residences by Loutraki Developer, and Lagoon Views 3 by Damac Properties.
Sub-areas within the Damac Lagoons masterplan include:
Damac Lagoons is primarily structured as a large villa and townhouse community within a themed, leisure-oriented masterplan. The development profile makes it relevant for several buyer groups:
What is Damac Lagoons?
A large Mediterranean-inspired masterplanned community by Damac Properties on the former Dubai Golf City site, with multiple themed clusters, lagoons and beach-style amenities.
How large is the site?
The development covers approximately 45 million square feet and involves conversion of over 400 hectares into residential clusters and associated infrastructure.
What is the current construction status?
Around 20% of construction is complete, with thousands of villas under construction across multiple clusters and several major construction and consultancy contracts awarded.
Are any clusters already handed over?
Handovers have begun at the Santorini cluster, and initial units have been delivered to owners.
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How to cite:Damac Lagoons — Continental Club Property, 2026-07-30, https://continentalclub.ae/location/damac-lagoons/
The figures below come from registered Dubai Land Department transactions, not from listings. We show the median rather than the mean, so that one-off penthouses do not distort it.
The yearly figure compares the last 12 months with the 12 before them. Calendar years would not work here: the current one is unfinished, so the comparison would understate the change. The median across the whole district moved +10% over the same year — that gap reflects which buildings came to market, not existing homes changing in price.
From 2022 to 2025 — +31% on the price per square metre across 31 buildings that traded in both years.
Top to bottom: purchase price per m², year, annual rent per m², gross yield. Showing the last 13 years, from 2014.
* 2026 is still in progress, so its bar covers part of the year and is not directly comparable with the ones before it. The growth figure below uses completed years only.
All figures are medians rather than means: in thin years the mean swings with the mix of units and shows movement the market never had. The yield is gross — service charges are not published in the register, so they cannot be deducted honestly.
| Building | Deals | Price per m² |
|---|---|---|
| DAMAC LAGOONS - SANTORINI (1) | 514 | 16 338 |
| DAMAC LAGOONS - PORTOFINO | 426 | 13 858 |
| DAMAC LAGOONS - VALENCIA TOWER B | 396 | 18 995 |
| DAMAC LAGOONS - COSTA BRAVA (1) | 393 | 13 829 |
| DAMAC LAGOONS - VALENCIA TOWER A | 383 | 19 063 |
| Reportage Hills | 382 | 16 611 |
| DAMAC LAGOONS - LAGOON VIEWS 13 B | 348 | 18 568 |
| DAMAC LAGOONS - MALTA (1) | 311 | 14 520 |
| DAMAC LAGOONS - VALENCIA TOWER D | 297 | 19 129 |
| DAMAC LAGOONS - SANTORINI (2) | 283 | 16 457 |
| DAMAC LAGOONS - COSTA BRAVA (2) | 273 | 15 413 |
| DAMAC LAGOONS - MYKONOS | 252 | 18 037 |
Linked names lead to our pages for those projects.
Source: Dubai Land Department transaction registry. Prices per square metre, sale transactions.
Dubai market as a whole: prices, transactions and trends (DLD data) →
Largest management companies in the area: Luxury Owner Association Management Services Co. (2), Dh Community Management (2).
Check any building’s service charge → All communities
RERA-approved 2026 budgets from the DLD service charge index (Mollak); residential buildings. Rate is AED per sq ft per year; YoY compares the same buildings in 2025.












Andalusia at Damac LagoonsDamac Lagoons
Costa Brava at Damac LagoonsDamac Lagoons
Ibiza at Damac LagoonsDamac Lagoons
Lagoon ViewsDamac Lagoons
Malta at Damac LagoonsDamac Lagoons
Marbella at Damac LagoonsDamac Lagoons
Monte Carlo at Damac LagoonsDamac Lagoons
Morocco at Damac LagoonsDamac Lagoons
Mykonos at Damac LagoonsDamac Lagoons
Nice at Damac LagoonsDamac Lagoons
Portofino at Damac LagoonsDamac Lagoons
Santorini at Damac LagoonsDamac Lagoons
Venice at Damac LagoonsDamac LagoonsNeighbouring areas and sub-communities to compare location and prices.