Developer: Damac Properties · Damac Lagoons

Damac Lagoons – Valencia

Damac Lagoons – Valencia is a residential project by Damac Properties in Damac Lagoons, Dubai, with handover Q1 2028, construction 5.2% complete per the DLD registry, 1558 units, 1 224 DLD-registered sales since 2026.

HandoverQ1 2028Developer supplied
Construction5.2%DLD registry · checked 20 May 2026
Units1 558DLD registry
DLD sales1 224 since 2026DLD registry
Median sale priceAED 19 861/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

5.21%
  • HandoverQ1 2028
  • Status date20.05.2026
  • Progress between DLD inspections+5.14% (2025-04-29 → 2026-05-20)
  • DLD project number3226

Data from the Dubai Land Department project registry (updated 25.09.2026 09:55).

Construction progress 8
20 May 2026 5.21%
Damac Lagoons - Valencia, Damac Lagoons construction progress — 20 May 2026, 5.21% complete, photo 1 of 4Damac Lagoons - Valencia, Damac Lagoons construction progress — 20 May 2026, 5.21% complete, photo 2 of 4Damac Lagoons - Valencia, Damac Lagoons construction progress — 20 May 2026, 5.21% complete, photo 3 of 4Damac Lagoons - Valencia, Damac Lagoons construction progress — 20 May 2026, 5.21% complete, photo 4 of 4

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
21.09.20261 BR66.61 173 120
21.09.2026Studio34.2661 540
21.09.20261 BR72.81 210 860
21.09.20262 BR107.91 652 400
21.09.2026Studio37.5695 700
18.09.20262 BR107.81 856 000
18.09.2026Studio35.3710 000
18.09.20261 BR71.41 173 600
18.09.20262 BR108.01 775 040
18.09.20261 BR76.71 333 800
18.09.2026Studio37.4737 000
18.09.2026Studio37.7770 180
17.09.20262 BR121.02 011 000
17.09.2026Studio37.6719 740
16.09.20262 BR107.81 783 680
16.09.2026Studio37.5730 050
16.09.2026Studio37.2706 800
16.09.20261 BR66.71 151 500
16.09.20261 BR67.81 100 320
16.09.2026Studio33.0654 750

Dubai Land Department transaction registry, updated 2026-09-23. Explore Dubai property transactions →

Registered transactions in Damac Lagoons – Valencia

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.

1 224deals since 2026
19 861AED per m², median
0%resale, the rest bought from the developer

What buyers actually paid

TypeSize, m²Price, AEDPer m²Deals
Studio36734 00020 389692
1 bedroom701 251 84017 883416
2 bedrooms1081 815 94016 814116

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.

About the project

Damac Lagoons – Valencia is a two-tower residential development by Island Oasis Properties in Damac Lagoons, within Al Hebiah Fifth, Dubai. Construction began on 5 November 2024. The project is active, with a recorded completion ratio of 5.21% and a scheduled completion date of 28 February 2028.

The project and its structure

Damac Lagoons – Valencia comprises two residential towers. One tower is configured as ground level, one podium level, 13 floors and a roof level, while the second has ground level, one podium level, 10 floors and a roof level. The buildings are designed with a concrete structure and blockwork, including internal and external finishes. The project has a recorded total area of 92,399.36. Its project number is 3226, and the development is located in the Al Hebiah Fifth area within the wider Damac Lagoons community.

Development scale and current progress

The project is recorded as active. Its completion ratio was 5.21% following an inspection dated 20 May 2026, and the project information was updated on 12 June 2026. Construction commenced on 5 November 2024, with completion scheduled for 28 February 2028. The project data records 1,558 total units. Damac Lagoons – Valencia is one development within a wider masterplanned community that contains themed residential clusters arranged around lagoons, beaches and shared infrastructure.

Damac Lagoons masterplan context

Damac Lagoons is a Mediterranean-inspired masterplanned residential community by Damac Properties on the former Dubai Golf City site. The masterplan is organised into themed communities, including Santorini, Portofino, Venice and Morocco. Venice is described as a Fun Hub and Morocco as a Tranquility Hub. The broader community combines villas, townhouses and shared infrastructure around a network of lagoons and beaches. The masterplan covers 45 million square feet and involves the conversion of more than 400 hectares into residential clusters and associated infrastructure.

Community features and themed clusters

The wider Damac Lagoons community is planned around white sandy beaches, lagoons and Mediterranean-themed neighbourhoods. Each neighbourhood is structured around a local hub that defines its amenity and leisure focus. Santorini and Portofino are among the named themed communities within the masterplan. Construction and handovers are progressing across the wider destination: handovers have begun at the Santorini cluster, where the first homes have been delivered to owners. Valencia forms part of this multi-cluster setting rather than a standalone neighbourhood.

Nearby Dubai destinations

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. Burj Khalifa and Downtown Dubai 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 project within a masterplanned residential destination connected to major leisure, retail and airport locations across Dubai.

Construction programme and handover

The construction programme for Damac Lagoons – Valencia began on 5 November 2024 and is scheduled to conclude on 28 February 2028. As of the latest project update, the development had reached a 5.21% completion ratio and remained active. The stated completion date applies to the Valencia project itself. Within the wider Damac Lagoons masterplan, infrastructure and cluster packages are being delivered in phases, with construction activity and completed handovers already recorded in other parts of the community.

The developer

Island Oasis Properties is the developer of Damac Lagoons – Valencia. The company is responsible for the two-tower residential project identified under project number 3226. The development sits within Damac Lagoons, a wider masterplanned community by Damac Properties. This places the Valencia project within a large multi-cluster destination while retaining Island Oasis Properties as the developer named for the project.

Frequent questions

Who is the developer of Damac Lagoons - Valencia?
Island Oasis Properties is the developer of Damac Lagoons - Valencia.
Where is Damac Lagoons - Valencia located?
The project is in Damac Lagoons, within Al Hebiah Fifth, Dubai.
What is the current completion status of Damac Lagoons - Valencia?
The project is active and has a recorded completion ratio of 5.21%.
When is Damac Lagoons - Valencia due for completion?
The scheduled completion date is 28 February 2028.
When did construction start at Damac Lagoons - Valencia?
Construction started on 5 November 2024.
How many towers are planned at Damac Lagoons - Valencia?
The project consists of two residential towers. One is configured as G+1P+13+R and the other as G+1P+10+R.
How many units are recorded for Damac Lagoons - Valencia?
The project data records 1,558 total units.
What is near Damac Lagoons - Valencia?
Mall of the Emirates is 11.7 km away, Dubai Marina is 11.8 km away and JBR Beach is 12.2 km away. Palm Jumeirah is 14.3 km from Damac Lagoons.
How can I buy an apartment in Damac Lagoons - Valencia?
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 – Valencia — Continental Club Property, from Dubai Land Department registry and developer data, 2026-09-22, https://continentalclub.ae/project/damac-lagoons-valencia-damac-lagoons/