{
    "entity_type": "real_estate_project",
    "name": "Damac Lagoons – Mykonos",
    "url": "https://continentalclub.ae/project/damac-lagoons-mykonos-damac-lagoons/",
    "language": "en",
    "developer": {
        "name": "Damac Properties",
        "url": "https://continentalclub.ae/developers/damac-properties/",
        "registry_name": "Island Oasis Properties"
    },
    "location": {
        "community": "Damac Lagoons",
        "url": "https://continentalclub.ae/location/damac-lagoons/",
        "city": "Dubai",
        "country": "AE"
    },
    "dld": {
        "project_number": "2487",
        "status": "",
        "completion_percent": 81.06,
        "inspection_date": "2026-09-30",
        "escrow_bank": "Emirates NBD",
        "units_in_registry": 575,
        "inspections": [
            {
                "date": "2023-02-01",
                "completion_percent": 0
            },
            {
                "date": "2023-05-04",
                "completion_percent": 0.3
            },
            {
                "date": "2023-08-21",
                "completion_percent": 0.58
            },
            {
                "date": "2024-04-17",
                "completion_percent": 6.97
            },
            {
                "date": "2024-09-26",
                "completion_percent": 21.23
            },
            {
                "date": "2025-02-20",
                "completion_percent": 43.9
            },
            {
                "date": "2025-06-19",
                "completion_percent": 53.13
            },
            {
                "date": "2025-11-27",
                "completion_percent": 60.98
            },
            {
                "date": "2026-05-13",
                "completion_percent": 77.48
            },
            {
                "date": "2026-07-09",
                "completion_percent": 79.74
            },
            {
                "date": "2026-09-30",
                "completion_percent": 81.06
            }
        ],
        "pace": {
            "percent_per_month": 1.99,
            "basis_from": "2025-11-27",
            "basis_to": "2026-09-30",
            "projected_completion": "2027-07-16",
            "origin": "calculation"
        }
    },
    "commercial": {
        "starting_price_aed": 1244000,
        "price_origin": "ours",
        "currency": "AED",
        "units": 575,
        "handover": "Q4 2025",
        "handover_from": "developer",
        "handover_registry": "",
        "stage": "",
        "payment_plan": "60/40",
        "down_payment_pct": 20,
        "service_charge_aed_sqft": null
    },
    "unit_types": null,
    "dld_sales": {
        "deals": 638,
        "first_year": 2023,
        "last_year": 2026,
        "median_aed_sqm": 17722,
        "resale_share_pct": 100,
        "yoy_change_pct": -13,
        "deals_last_12m": 38,
        "gross_yield_pct": null,
        "bulk_registration": null,
        "by_bedrooms": [],
        "scope": "all registered sales (DLD open data), medians over the whole period"
    },
    "dld_history": {
        "scope": "all registered sales and rental contracts of this DLD project number, grouped by calendar quarter and year; medians (upper median), AED; medians shown only where a period has 3+ records",
        "generated": "2026-11-10",
        "sales": {
            "records": 638,
            "first_date": "2023-05-19",
            "last_date": "2026-11-06",
            "last_12m": {
                "n": 38,
                "median_price_aed": 2670000,
                "median_aed_sqm": 17722,
                "median_aed_sqft": 1646,
                "resale_share_pct": 100
            },
            "previous_12m": {
                "n": 185,
                "median_price_aed": 3066000,
                "median_aed_sqm": 20381,
                "median_aed_sqft": 1893,
                "resale_share_pct": 100
            },
            "change_aed_sqm_last_12m_vs_previous_pct": -13,
            "by_year": [
                {"period":"2023","n":360,"median_price_aed":2600000,"median_aed_sqm":17177,"median_aed_sqft":1596,"resale_share_pct":100},
                {"period":"2024","n":64,"median_price_aed":3066000,"median_aed_sqm":21095,"median_aed_sqft":1960,"resale_share_pct":100},
                {"period":"2025","n":186,"median_price_aed":3066000,"median_aed_sqm":20357,"median_aed_sqft":1891,"resale_share_pct":100},
                {"period":"2026","n":28,"median_price_aed":2600000,"median_aed_sqm":17198,"median_aed_sqft":1598,"resale_share_pct":100}
            ],
            "by_quarter": [
                {"period":"2023-Q2","n":15,"median_price_aed":2680000,"median_aed_sqm":16979,"median_aed_sqft":1577,"resale_share_pct":100},
                {"period":"2023-Q3","n":339,"median_price_aed":2552000,"median_aed_sqm":17184,"median_aed_sqft":1596,"resale_share_pct":100},
                {"period":"2023-Q4","n":6,"median_price_aed":2680000,"median_aed_sqm":18614,"median_aed_sqft":1729,"resale_share_pct":100},
                {"period":"2024-Q1","n":8,"median_price_aed":3400000,"median_aed_sqm":18651,"median_aed_sqft":1733,"resale_share_pct":100},
                {"period":"2024-Q2","n":15,"median_price_aed":3066000,"median_aed_sqm":20765,"median_aed_sqft":1929,"resale_share_pct":100},
                {"period":"2024-Q3","n":22,"median_price_aed":3066000,"median_aed_sqm":21290,"median_aed_sqft":1978,"resale_share_pct":100},
                {"period":"2024-Q4","n":19,"median_price_aed":3066000,"median_aed_sqm":21290,"median_aed_sqft":1978,"resale_share_pct":100},
                {"period":"2025-Q1","n":55,"median_price_aed":3066000,"median_aed_sqm":20574,"median_aed_sqft":1911,"resale_share_pct":100},
                {"period":"2025-Q2","n":76,"median_price_aed":3074000,"median_aed_sqm":20381,"median_aed_sqft":1893,"resale_share_pct":100},
                {"period":"2025-Q3","n":30,"median_price_aed":3066000,"median_aed_sqm":19974,"median_aed_sqft":1856,"resale_share_pct":100},
                {"period":"2025-Q4","n":25,"median_price_aed":2935000,"median_aed_sqm":19013,"median_aed_sqft":1766,"resale_share_pct":100},
                {"period":"2026-Q1","n":10,"median_price_aed":2670000,"median_aed_sqm":17722,"median_aed_sqft":1646,"resale_share_pct":100},
                {"period":"2026-Q2","n":8,"median_price_aed":2776000,"median_aed_sqm":19268,"median_aed_sqft":1790,"resale_share_pct":100},
                {"period":"2026-Q3","n":7,"median_price_aed":2473000,"median_aed_sqm":17174,"median_aed_sqft":1596,"resale_share_pct":100},
                {"period":"2026-Q4","n":3,"median_price_aed":2375000,"median_aed_sqm":16510,"median_aed_sqft":1534,"resale_share_pct":100}
            ],
            "corridor": "price per m2 between 3,000 and 200,000 AED"
        },
        "rent": {
            "records": 0,
            "first_date": null,
            "last_date": null,
            "last_12m": null,
            "previous_12m": null,
            "by_year": [],
            "by_quarter": [],
            "corridor": "annual rent per m2 between 50 and 20,000 AED"
        },
        "recent_sales": [
            {"date":"2026-11-09","type":"","bedrooms":null,"area_sqm":144,"price_aed":2864640,"aed_per_sqm":19900,"market":"resale"},
            {"date":"2026-11-06","type":"","bedrooms":null,"area_sqm":143.9,"price_aed":2375000,"aed_per_sqm":16510,"market":"resale"},
            {"date":"2026-11-05","type":"","bedrooms":null,"area_sqm":144,"price_aed":2200000,"aed_per_sqm":15276,"market":"resale"},
            {"date":"2026-10-19","type":"","bedrooms":null,"area_sqm":224.2,"price_aed":4067520,"aed_per_sqm":18143,"market":"resale"},
            {"date":"2026-09-28","type":"","bedrooms":null,"area_sqm":223.2,"price_aed":3450000,"aed_per_sqm":15457,"market":"resale"},
            {"date":"2026-09-15","type":"","bedrooms":null,"area_sqm":144.2,"price_aed":2250000,"aed_per_sqm":15609,"market":"resale"},
            {"date":"2026-08-25","type":"","bedrooms":null,"area_sqm":143.8,"price_aed":2473000,"aed_per_sqm":17197,"market":"resale"},
            {"date":"2026-08-20","type":"","bedrooms":null,"area_sqm":144.2,"price_aed":2473000,"aed_per_sqm":17147,"market":"resale"},
            {"date":"2026-08-18","type":"","bedrooms":null,"area_sqm":144,"price_aed":2473000,"aed_per_sqm":17174,"market":"resale"},
            {"date":"2026-07-13","type":"","bedrooms":null,"area_sqm":144,"price_aed":2473000,"aed_per_sqm":17177,"market":"resale"},
            {"date":"2026-07-06","type":"","bedrooms":null,"area_sqm":219.6,"price_aed":4205180,"aed_per_sqm":19148,"market":"resale"},
            {"date":"2026-06-26","type":"","bedrooms":null,"area_sqm":144,"price_aed":2370000,"aed_per_sqm":16458,"market":"resale"},
            {"date":"2026-06-15","type":"","bedrooms":null,"area_sqm":144,"price_aed":2864640,"aed_per_sqm":19895,"market":"resale"},
            {"date":"2026-06-02","type":"","bedrooms":null,"area_sqm":144.2,"price_aed":2834800,"aed_per_sqm":19656,"market":"resale"},
            {"date":"2026-05-12","type":"","bedrooms":null,"area_sqm":144,"price_aed":2817600,"aed_per_sqm":19565,"market":"resale"},
            {"date":"2026-05-04","type":"","bedrooms":null,"area_sqm":144.4,"price_aed":2600000,"aed_per_sqm":18004,"market":"resale"},
            {"date":"2026-04-23","type":"","bedrooms":null,"area_sqm":144.1,"price_aed":2776000,"aed_per_sqm":19268,"market":"resale"},
            {"date":"2026-04-22","type":"","bedrooms":null,"area_sqm":144,"price_aed":2672500,"aed_per_sqm":18554,"market":"resale"},
            {"date":"2026-04-20","type":"","bedrooms":null,"area_sqm":144.2,"price_aed":2300000,"aed_per_sqm":15952,"market":"resale"},
            {"date":"2026-03-25","type":"","bedrooms":null,"area_sqm":144,"price_aed":2600000,"aed_per_sqm":18054,"market":"resale"}
        ],
        "recent_rents": [],
        "recent_note": "latest registered transactions, anonymised: date, type, size, price only",
        "source": "Dubai Land Department open data (sales transactions; Ejari rental contracts)"
    },
    "sources": {
        "construction": "Dubai Land Department (Mashrooi project register)",
        "handover": "Developer",
        "price": "Developer",
        "payment_plan": "Developer",
        "dld_sales": "Dubai Land Department open data (registered sales transactions)",
        "dld_history": "Dubai Land Department open data (sales transactions and Ejari rental contracts); medians computed by Continental Club Property",
        "origin_labels": "https://continentalclub.ae/methodology/#provenance"
    },
    "license": "CC BY 4.0",
    "attribution": "Continental Club Property, based on Dubai Land Department registry and developer data",
    "markdown": "https://continentalclub.ae/project/damac-lagoons-mykonos-damac-lagoons.md",
    "updated_at": "2026-11-10",
    "translations": {
        "en": "https://continentalclub.ae/project/damac-lagoons-mykonos-damac-lagoons/",
        "ru": "https://continentalclub.ae/ru/project/damac-lagoons-mykonos-damac-lagoons-ru/"
    }
}