Developer: Damac Properties · Damac Lagoons

Damac Lagoons – Nice 1

Damac Lagoons – Nice 1 is a residential project by Damac Properties in Damac Lagoons, Dubai, with planned handover Q3 2025, construction 93.7% complete per the DLD registry, 509 units, 879 DLD-registered sales since 2022.

Planned handoverQ3 2025Developer supplied
Construction93.7%DLD registry · checked 10 Aug 2026
Units509DLD registry
DLD sales879 since 2022DLD registry
Median sale priceAED 12 037/m²Our calculation

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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Handover date & construction progress

93.71%
  • Planned handover (developer)Q3 2025
  • Status date10.08.2026
  • Progress between DLD inspections+0.93% (2026-06-09 → 2026-08-10)
  • DLD project number2335

Data from the Dubai Land Department project registry (updated 26.09.2026 09:55).

Construction progress 120
10 August 2026 93.71%
Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 1 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 2 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 3 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 4 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 5 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 6 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 7 of 8Damac Lagoons - Nice 1, Damac Lagoons construction progress — 10 August 2026, 93.71% complete, photo 8 of 8

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
21.09.2026219.53 500 000
21.09.2026219.52 800 000
18.09.2026144.0853 000
14.09.2026144.02 100 000
14.09.2026144.03 000 000
09.09.2026233.41 338 000
07.09.2026144.02 000 000
07.09.2026144.02 500 000
03.09.2026144.11 960 000
03.09.2026144.0853 000
03.09.2026144.12 450 000
27.08.2026144.01 530 000
27.08.2026144.02 550 000
25.08.2026142.52 160 000
25.08.2026142.52 700 000
24.08.2026432.06 500 000
20.08.2026143.82 520 000
20.08.2026143.82 016 000
18.08.2026154.52 550 000
18.08.2026154.52 040 000
Rentals — 1
DateTypeSize, m²Rent, AED/yr
23.09.20264 bed rooms+hall144.0140 000

Dubai Land Department transaction registry, updated 2026-09-25. Explore Dubai property transactions →

Registered transactions in Damac Lagoons – Nice 1

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.

879deals since 2022
12 037AED per m², median
100%resale, the rest bought from the developer
+2%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 +2% over the same period, so the building matched it.

How the price per square metre moved

From 2022 to 2025 — +36% on the price per square metre in this building. The district moved +34% over the same period, so the building tracked the market.

11 8472022——
12 5002023——
14 2352024——
16 1112025——
15 4712026*——

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.

How much is your property in Damac Lagoons – Nice 1 worth?

DLD has recorded 879 sales in this building since 2022, 879 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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About the project

Damac Lagoons – Nice 1 is an active villa project by Island Oasis Properties in Damac Lagoons, Dubai. The project started on 28 February 2022 and had reached 92.78% completion at its inspection on 9 June 2026. Its recorded completion date is 29 July 2025.

The project

Damac Lagoons – Nice 1 occupies a recorded total area of 83,375.88 square metres and comprises 509 units. The development is planned as a villa project, with G+1 and G+2 villa configurations described for the scheme. Its construction specification includes a concrete structure and blockwork, with internal and external finishes. The project is active and forms part of the wider Damac Lagoons residential community in Dubai. Construction began on 28 February 2022, and the project completion date is recorded as 29 July 2025. At the latest inspection dated 9 June 2026, the completion ratio stood at 92.78%.

Villa design and construction

The villa component at Damac Lagoons – Nice 1 is designed with ground-plus-one and ground-plus-two layouts. The recorded construction approach uses a concrete structure and blockwork, followed by internal and external finishes. This positions the project within a low-rise residential format rather than a tower development. The project has 509 units recorded across its 83,375.88-square-metre site. Damac Lagoons is organised as a multi-cluster community of villas and townhouses around shared infrastructure, lagoons and beach areas. Nice 1 sits within this broader residential setting, whose design is based on Mediterranean-inspired neighbourhoods and themed clusters.

Damac Lagoons community

Damac Lagoons is a Mediterranean-inspired masterplanned residential community by Damac Properties on the former Dubai Golf City site. The masterplan covers 45 million square feet and involves the conversion of more than 400 hectares into themed residential clusters and associated infrastructure. The community combines villas, townhouses, lagoons, beaches and shared facilities. Its neighbourhoods are arranged around local hubs with different leisure themes; Venice is identified as a Fun Hub and Morocco as a Tranquility Hub. Other clusters cited within the masterplan include Santorini, Portofino, Malta, Mykonos and Monte Carlo. Handovers have begun in the Santorini cluster, where the first homes have been delivered to owners.

Setting and nearby destinations

Damac Lagoons is located in Dubai and is arranged around a network of lagoons and beach-style areas. The community lies 11.8 km from Dubai Marina and 12.2 km from JBR Beach. Mall of the Emirates is 11.7 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 the community within reach of Dubai’s marina, beach, retail, airport and downtown districts.

Construction progress and completion

Damac Lagoons – Nice 1 is recorded as active. The latest project inspection took place on 9 June 2026, when construction completion was recorded at 92.78%. The project start date is 28 February 2022, and its recorded completion date is 29 July 2025. The project’s total unit count is 509, and its total area is 83,375.88 square metres. Within the wider Damac Lagoons masterplan, main works in Nice have been awarded to China Nuclear Industry 22nd Construction Company. Community roads, infrastructure works, electrical substations and central-hub infrastructure have also been appointed across other parts of the wider development.

The developer

Island Oasis Properties is the developer of Damac Lagoons – Nice 1. The project is located within Damac Lagoons, the larger masterplanned community by Damac Properties. The masterplan is structured as a collection of Mediterranean-inspired residential clusters with villas, townhouses and community infrastructure. Its design includes white sandy beaches, lagoons and themed neighbourhoods. The Nice 1 project brings a 509-unit villa development into this established masterplan structure. Its recorded construction form consists of G+1 and G+2 villas using concrete and blockwork construction with internal and external finishes.

Frequent questions

Who is the developer of Damac Lagoons - Nice 1?
Island Oasis Properties is the developer of Damac Lagoons - Nice 1.
Where is Damac Lagoons - Nice 1 located?
The project is located in Damac Lagoons, Dubai. Damac Lagoons is a Mediterranean-inspired masterplanned community by Damac Properties.
What is the completion status of Damac Lagoons - Nice 1?
The project is active. Its completion ratio was 92.78% at the inspection dated 9 June 2026.
When did Damac Lagoons - Nice 1 start and what is its recorded completion date?
The project started on 28 February 2022. Its recorded completion date is 29 July 2025.
How many units are in Damac Lagoons - Nice 1?
Damac Lagoons - Nice 1 has 509 total units recorded.
What type of homes are planned at Damac Lagoons - Nice 1?
The project is planned as a villa development with G+1 and G+2 villa configurations.
What is the construction specification for the project?
The villas are designed with a concrete structure and blockwork, with internal and external finishes.
What is near Damac Lagoons?
Dubai Marina is 11.8 km away, Mall of the Emirates is 11.7 km away and JBR Beach is 12.2 km away. Al Maktoum International Airport is 15.3 km away.
How can I buy an apartment in Damac Lagoons - Nice 1?
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.

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

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How to cite:Damac Lagoons – Nice 1 — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-22, https://continentalclub.ae/project/damac-lagoons-nice-1-damac-lagoons/