Developer: Damac Properties · Damac Lagoons

Damac Lagoons – Mykonos

Damac Lagoons – Mykonos is a residential project by Damac Properties in Damac Lagoons, Dubai, with indicative prices from AED 1 244 000 (estimate from DLD sales; developer price not yet published), planned handover Q4 2025, construction 81.1% complete per the DLD registry, 575 units, 638 DLD-registered sales since 2023.

Price fromAED 1 244 000Our calculationEstimate: median of DLD sales, last 12 months, 1-bedroom units (unit mix not yet published), Damac Lagoons. Developer price not yet published.
Planned handoverQ4 2025Developer supplied
Construction81.1%DLD registry · checked 30.09.2026

Floor plans

Payment plan 60/40 60% before handover · 40% on handover

The purchase price is split into these stages.

120%Down payment
240%During construction
340%On handover

The exact schedule is confirmed in the sale agreement for the selected unit.

Compare with similar projects

A broker will compare this project with 3 similar ones: prices, handover dates and payment plans.

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Mortgage for this project

For UAE residents the down payment starts at 20% with terms up to 25 years. Indicative monthly payment for prices from 1 244 000 AED is 5 253 AED.

Calculate mortgage

Estimates only; not a bank approval.

Handover date & construction progress

81.06%
  • Construction started12.02.2023
  • Planned handover (developer)Q4 2025
  • Status date30.09.2026
  • Progress between DLD inspections+1.32% (09.07.2026 → 30.09.2026)
  • Escrow bankEmirates NBD
  • DLD project number2487

Data from the Dubai Land Department project registry (updated 12.11.2026 05:55).

Inspection history 11
025507510001.02.202330.09.2026
Actual, per inspections

Pace: 1.99% per month. At this rate 100% falls on 16.07.2027.

The pace is calculated from the past year of inspections. It is an estimate, not a developer commitment. For reference: across 1,175 completed projects the median pace is 2.48% per month and the median build takes 40 months.

Construction progress 120
30.09.2026 81.06%
Damac Lagoons - Mykonos, Damac Lagoons construction progress — 30 September 2026, 81.06% complete, photo 1 of 6Damac Lagoons - Mykonos, Damac Lagoons construction progress — 30 September 2026, 81.06% complete, photo 2 of 6Damac Lagoons - Mykonos, Damac Lagoons construction progress — 30 September 2026, 81.06% complete, photo 3 of 6Damac Lagoons - Mykonos, Damac Lagoons construction progress — 30 September 2026, 81.06% complete, photo 4 of 6Damac Lagoons - Mykonos, Damac Lagoons construction progress — 30 September 2026, 81.06% complete, photo 5 of 6Damac Lagoons - Mykonos, Damac Lagoons construction progress — 30 September 2026, 81.06% complete, photo 6 of 6
09.07.2026 79.74%
Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 1 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 2 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 3 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 4 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 5 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 6 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 7 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 8 of 9Damac Lagoons - Mykonos, Damac Lagoons construction progress — 9 July 2026, 79.74% complete, photo 9 of 9
13.05.2026 77.48%
Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 1 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 2 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 3 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 4 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 5 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 6 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 7 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 8 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 9 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 10 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 11 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 12 of 13Damac Lagoons - Mykonos, Damac Lagoons construction progress — 13 May 2026, 77.48% complete, photo 13 of 13
27.11.2025 60.98%
Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 1 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 2 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 3 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 4 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 5 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 6 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 7 of 8Damac Lagoons - Mykonos, Damac Lagoons construction progress — 27 November 2025, 60.98% complete, photo 8 of 8

84 more photos in the DLD register

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.

Recent transactions

DateTypeSize, m²Price, AED
09.11.2026144.02 864 640
06.11.2026143.92 375 000
05.11.2026144.02 200 000
19.10.2026224.24 067 520
28.09.2026223.23 450 000
15.09.2026144.22 250 000
25.08.2026143.82 473 000
20.08.2026144.22 473 000
18.08.2026144.02 473 000
13.07.2026144.02 473 000
06.07.2026219.64 205 180
26.06.2026144.02 370 000
15.06.2026144.02 864 640
02.06.2026144.22 834 800
12.05.2026144.02 817 600
04.05.2026144.42 600 000
23.04.2026144.12 776 000
22.04.2026144.02 672 500
20.04.2026144.22 300 000
25.03.2026144.02 600 000
12.02.2026143.92 700 000
10.02.2026144.02 473 000
05.02.2026114.02 050 000
26.01.2026144.02 670 000
26.01.2026223.33 450 000
19.01.2026223.43 475 500
15.01.2026144.02 473 000
08.01.2026144.02 552 000
07.01.2026219.53 550 000
24.12.2025144.22 700 000
04.12.2025144.12 600 000
28.11.2025144.12 882 040
27.11.2025228.83 841 780
27.11.2025231.13 843 660
20.11.2025144.02 552 000
20.11.2025144.02 552 000
18.11.2025144.22 924 320
18.11.2025224.14 261 000
17.11.2025144.02 470 000
05.11.2025147.13 025 000
21.10.2025147.03 074 000
16.10.2025144.02 935 000
10.10.2025233.14 127 000
10.10.2025259.74 157 000
10.10.2025144.02 935 000
09.10.2025147.03 092 880
07.10.2025144.02 935 000
06.10.2025144.02 876 300
02.10.2025147.03 012 520
02.10.2025224.03 200 000

Dubai Land Department transaction registry, updated 11.11.2026. Explore Dubai property transactions →

Registered transactions in Damac Lagoons – Mykonos

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.

638deals since 2023
17 722AED per m², median
100%resale, the rest bought from the developer
-13%over the past year

The yearly figure compares the last 12 months with the 12 before them: calendar years would not work, the current one is unfinished. The district moved +1% over the same period, so the building lagged.

How the price per square metre moved

From 2023 to 2025 — +19% on the price per square metre in this building. The district moved +15% over the same period, so the building tracked the market.

17 1772023——
21 0952024——
20 3572025——
17 1982026*——

Top to bottom: purchase price per m², year, annual rent per m², gross yield.

All figures are medians. Years with fewer than eight deals are skipped; rent is shown where there are at least twenty contracts. The yield is gross — service charges are not published in the register.

* 2026 is still in progress and its bar covers part of the year. The growth figure above uses completed years.

Source: Dubai Land Department transaction register. The register is updated daily; the figures here are recalculated weekly.

Estimate a unit in this building from DLD sales

Based on 50 registered DLD sales in Damac Lagoons – Mykonos between 2 Oct 2025 and 9 Nov 2026: median 17 996 AED/m² (1 672 AED/sq ft); half of the deals fell between 16 879 and 19 633 AED/m². This is transaction statistics, not a valuation of a specific unit: floor, view, finish and condition move the price.

Get an exact valuation

Source: Dubai Land Department open data, the latest up to 50 sales in the building; areas as registered; refreshed daily. Deals outside 3,000–200,000 AED/m² are excluded.

PDF shortlist · updated 1 November 2026

Damac Lagoons: new projects and prices

16 projects · prices from DLD and developers

  1. Damac Lagoons - Lagoon Views 13 Damac Lagoons - Lagoon Views 13 Damac Lagoons · Studio, 1–2 BR from AED 650,000
  2. Damac Lagoon Views Andalucia Damac Lagoon Views Andalucia Damac Lagoons from AED 979,000
  3. Damac Lagoons - Lagoon Views 4 Damac Lagoons - Lagoon Views 4 Damac Lagoons · 1–2 BR from AED 1,029,000

13 more in the PDF: prices, handover dates, payment plans

The PDF opens instantly. Refreshed monthly from DLD data.

Your broker for this project

Tetiana Karpenko

Tetiana Karpenko

Senior Broker · Continental Club Property · RERA ORN 31933

Answers questions about Damac Lagoons – Mykonos: current availability, payment plan, DLD registration. English and Russian.

How much is your property in Damac Lagoons – Mykonos worth?

DLD has recorded 638 sales in this building since 2023, 638 of them resales. We compare your unit with sales of the same layout here, not with asking prices. Free, reply within 24 hours.

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Damac Lagoons – Mykonos

About the project

Damac Lagoons – Mykonos is an active villa project by Damac Properties in the Damac Lagoons community, within Al Hebiah Fifth, Dubai. The development comprises G+1 and G+2 villas with concrete structures, blockwork and internal and external finishes. Its recorded construction completion ratio is 79.74%.

The Mykonos project

Damac Lagoons – Mykonos forms part of the Damac Lagoons residential community in Dubai. The project started on 12 February 2023 and is recorded as active. A total of 575 units is recorded for the development. The architectural description identifies G+1 and G+2 villas, designed with concrete structures and blockwork, followed by internal and external finishes. This establishes Mykonos as a low-rise villa development rather than an apartment building project. The recorded project completion date is 31 December 2025.

Villa format and construction

The homes at Damac Lagoons – Mykonos are planned as villas in G+1 and G+2 configurations. The project description specifies a concrete structural system and block construction, with both internal and external finishes included in the design scope. The development is therefore configured as a collection of individual low-rise homes across more than one height format. The recorded unit total is 575, while the project remains active with construction progress recorded at 79.74%.

Damac Lagoons setting

Mykonos is located in Damac Lagoons, a Mediterranean-inspired masterplanned residential community organised into themed neighbourhoods. The wider community combines villas and townhouses with a network of lagoons, white sandy beaches and shared infrastructure. Its masterplan is structured around multiple clusters, each with its own local hub and leisure focus. Damac Lagoons is located in Dubai and is identified within the Al Hebiah Fifth area. The wider development is described as covering 45 million square feet and converting more than 400 hectares into residential clusters and associated infrastructure.

Connections from Damac Lagoons

Damac Lagoons has recorded distance connections to several Dubai destinations. Dubai Marina is 11.8 km away, while Mall of the Emirates is 11.7 km away and JBR Beach is 12.2 km away. Palm Jumeirah is 14.3 km from the community. Al Maktoum International Airport is 15.3 km away, while Burj Khalifa and Downtown Dubai are 20.4 km away. The Dubai Mall is 20.6 km from Damac Lagoons, and Dubai International Airport is 29.4 km away.

Construction status and planned completion

Damac Lagoons – Mykonos has active project status. Construction began on 12 February 2023, and the recorded completion ratio is 79.74%. The project completion date is recorded as 31 December 2025. Within the wider Damac Lagoons masterplan, construction and infrastructure works have been undertaken across multiple themed clusters, and handovers have begun at the Santorini cluster. Mykonos is one of the villa clusters within this broader phased community.

Developer and wider community

Damac Properties is the developer of Damac Lagoons – Mykonos. The project sits within Damac Lagoons, the large masterplanned community developed by Damac Properties on the former Dubai Golf City site. Damac Lagoons is arranged around Mediterranean-inspired clusters, including Santorini, Portofino, Venice, Morocco and Mykonos. The community masterplan combines residential clusters with lagoon and beach features, community infrastructure and themed leisure hubs.

Frequent questions

Who is the developer of Damac Lagoons - Mykonos?
Damac Properties is the developer of Damac Lagoons - Mykonos.
Where is Damac Lagoons - Mykonos located?
The project is in Damac Lagoons, within Al Hebiah Fifth, Dubai.
What types of homes are planned at Mykonos?
The project comprises G+1 and G+2 villas with concrete structures, blockwork and internal and external finishes.
How many units are recorded for Damac Lagoons - Mykonos?
The development has a recorded total of 575 units.
What is the construction status of Damac Lagoons - Mykonos?
The project is active, with a recorded completion ratio of 79.74%.
When is Damac Lagoons - Mykonos scheduled for completion?
The recorded project completion date is 31 December 2025.
What is nearby Damac Lagoons?
Dubai Marina is 11.8 km away, Mall of the Emirates is 11.7 km away and Al Maktoum International Airport is 15.3 km away.
What is Damac Lagoons?
Damac Lagoons is a Mediterranean-inspired masterplanned residential community with themed clusters, lagoons, white sandy beaches, villas and townhouses.
How can I buy an apartment in Damac Lagoons - Mykonos?
Submit an enquiry via the form on this page or message us on WhatsApp — a Continental Club Property broker (RERA 31933) will help you choose a unit and send the brochure and payment plan.

More projects by Damac Properties

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Project data comes from the Dubai Land Department (DLD) registry.

Every figure carries its origin: “DLD registry” is taken from the Dubai Land Department register, “Developer supplied” is stated by the developer, “Our calculation” is computed by us from the first two. Developer prices change without notice — confirm before you commit. Methodology

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How to cite:Damac Lagoons – Mykonos — Continental Club Property, from Dubai Land Department registry and developer data, 2026-11-10, https://continentalclub.ae/project/damac-lagoons-mykonos-damac-lagoons/

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