Damac Lagoons – Lagoon Views 5 is a residential project by Damac Properties in Damac Lagoons, Dubai, with construction 42.3% complete per the DLD registry.
Construction progress
- Status date17.07.2026
- DLD project number2944
Data from the Dubai Land Department project registry (updated 12.08.2026 09:55).
Construction photos are taken by the technical inspectors of the Dubai Land Department (DLD) and remain its property. We show compressed copies; full-resolution originals are available in the Real Estate Project Status service.
All Dubai construction in the DLD register · Developer: Damac Properties · District: Damac Lagoons
Recent transactions
| Date | Type | Size, m² | Price, AED |
|---|---|---|---|
| 07.07.2026 | 2 BR | 5.3 | 102 597 |
| 11.02.2026 | 1 BR | 71.5 | 1 200 000 |
| 22.01.2026 | 1 BR | 73.5 | 1 005 040 |
| 05.12.2024 | 2 BR | 105.5 | 2 087 000 |
| 14.10.2024 | 1 BR | 73.9 | 1 302 000 |
| 22.05.2024 | 1 BR | 64.3 | 1 133 000 |
| 21.05.2024 | 1 BR | 72.7 | 1 398 000 |
| 21.05.2024 | 1 BR | 61.9 | 1 191 000 |
| 13.05.2024 | 1 BR | 69.9 | 1 241 460 |
| 13.05.2024 | 1 BR | 72.7 | 1 328 000 |
| 13.05.2024 | 1 BR | 73.5 | 1 305 810 |
| 13.05.2024 | 2 BR | 104.3 | 2 130 000 |
| 10.05.2024 | 2 BR | 104.6 | 1 858 230 |
| 10.05.2024 | 1 BR | 71.5 | 1 270 170 |
| 10.05.2024 | 1 BR | 71.5 | 1 270 170 |
| 10.05.2024 | 1 BR | 73.5 | 1 305 810 |
| 10.05.2024 | 1 BR | 69.9 | 1 241 460 |
| 10.05.2024 | 2 BR | 104.5 | 2 079 990 |
| 10.05.2024 | 1 BR | 73.9 | 1 302 000 |
| 09.05.2024 | 1 BR | 71.8 | 1 335 000 |
Dubai Land Department transaction registry, updated 2026-08-11. Explore Dubai property transactions →
Places nearby
About the project
Damac Lagoons – Lagoon Views 5 is a 48-unit residential tower by Island Oasis Properties in Damac Lagoons, within Al Hebiah Fifth, Dubai. The project is active, began on 22 April 2024, and has reached 42.25% completion.
The project
Damac Lagoons – Lagoon Views 5 comprises one residential tower with a ground floor, six upper floors and a roof level. The building is designed with a concrete structure, blockwork, and internal and external finishes. The project contains 48 units within a total area of 3,758.89. Its location is Damac Lagoons, a multi-cluster residential community in Dubai organised around Mediterranean-inspired themed neighbourhoods, lagoons and beach areas. Lagoon Views 5 forms part of this wider residential setting while remaining a single-building project with a defined 48-unit scale.
Construction status
The project is active and construction commenced on 22 April 2024. Its recorded completion ratio is 42.25%. The development consists of one building and 48 units. The building specification identifies a ground floor, six floors and a roof level, with a concrete structural system and blockwork construction. These details establish Lagoon Views 5 as a low-rise residential tower rather than a villa or townhouse cluster. The project sits within a wider masterplanned community where construction and infrastructure works are under way across multiple themed clusters.
Damac Lagoons setting
Damac Lagoons is a Mediterranean-inspired masterplanned community with themed neighbourhoods arranged around lagoons, white-sand beaches and shared community infrastructure. The wider development includes residential clusters with villas and townhouses as well as lagoon and beach-style features. Among the themed areas are Santorini and Portofino, while Venice is described as a Fun Hub and Morocco as a Tranquility Hub. The masterplan covers 45 million square feet and involves the conversion of more than 400 hectares into residential clusters and associated infrastructure. Lagoon Views 5 is located within this larger community in Al Hebiah Fifth.
Connections from Damac Lagoons
Damac Lagoons is 11.7 km from Mall of the Emirates and 11.8 km from Dubai Marina. JBR Beach is 12.2 km away, while Palm Jumeirah is 14.3 km away. Al Maktoum International Airport is 15.3 km from the community. Downtown Dubai and Burj Khalifa are 20.4 km away, and The Dubai Mall is 20.6 km away. Dubai International Airport is 29.4 km from Damac Lagoons. These distances place Lagoon Views 5 within a community positioned between Dubai’s coastal districts, airport connections and major retail and central-city destinations.
The wider masterplan
The Damac Lagoons masterplan is structured as a series of themed communities, each with a local hub that defines its leisure focus. The community combines villas, townhouses and shared infrastructure around a network of lagoons and beaches. Across the wider development, 6,459 villas are under construction in 13 clusters, with a further 2,457 villas in advanced design or contractor-appointment stages. Handovers have begun in the Santorini cluster, where the first homes have been delivered to owners. Lagoon Views 5 is one of the residential projects located within this phased community environment.
Developer
Island Oasis Properties is the developer of Damac Lagoons – Lagoon Views 5. The company is responsible for the 48-unit project in Damac Lagoons. The project’s construction started in April 2024 and remains active. Damac Lagoons itself is a masterplanned residential community by Damac Properties, with themed clusters, lagoon features, beaches and community infrastructure. This places Lagoon Views 5 within a larger development whose residential delivery extends across multiple clusters and building packages.
Registered transactions in Damac Lagoons – Lagoon Views 5
Dubai Land Department records for this building: closed transaction prices, not asking prices or estimates. Figures are medians, so a single expensive sale does not move them.
What buyers actually paid
| Type | Size, m² | Price, AED | Per m² | Deals |
|---|---|---|---|---|
| 1 bedroom | 72 | 1 270 170 | 17 641 | 38 |
| 2 bedrooms | 104 | 1 941 000 | 18 663 | 13 |
Median across all recorded deals in this building. Rows with fewer than five deals are omitted: there is nothing to average there.
Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.
