Master Project · Transactions · 2023

Damac Lagoons Property Transactions 2023

3,385 property sales worth ⃃ 11.3B were registered in Damac Lagoons in 2023, 35.5% lower than 2022 by number of sales. The median sale price was ⃃ 2,552,000 and the median price per square foot ⃃ 1,274 (+57.9% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 3,385 salesUpdated: 17 Oct 2026
Property sales
3,385
−35.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 11.3B
−13.2% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,552,000
+42.2% vs 2022
3,385 sales
Median price per sq ft
⃃ 1,274
+57.9% vs 2022
3,385 sales

What types of property sold in Damac Lagoons in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas3,385100%⃃ 11.3B⃃ 2,552,000⃃ 1,274

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)2,70780%⃃ 9.6B⃃ 2,631,000⃃ 1,315
Resale (secondary)67820%⃃ 1.7B⃃ 2,035,000⃃ 900
Off-plan3,385100%⃃ 11.3B⃃ 2,552,000⃃ 1,274

What were the most expensive property sales in Damac Lagoons in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
20/09/2023Damac Lagoons - Morocco 26 beds · Villa36,271 sq ft⃃ 35,242,000Primary · Off-plan
25/10/2023Damac Lagoons - Morocco 16 beds · Villa30,741 sq ft⃃ 33,986,640Primary · Off-plan
03/10/2023Damac Lagoons - Morocco 26 beds · Villa19,628 sq ft⃃ 33,275,000Primary · Off-plan
10/08/2023Damac Lagoons - Morocco 26 beds · Villa22,954 sq ft⃃ 31,247,000Primary · Off-plan
25/09/2023Damac Lagoons - Morocco 16 beds · Villa22,735 sq ft⃃ 31,182,000Primary · Off-plan
27/10/2023Damac Lagoons - Morocco 16 beds · Villa21,273 sq ft⃃ 31,112,560Primary · Off-plan
25/10/2023Damac Lagoons - Morocco 26 beds · Villa20,791 sq ft⃃ 30,965,360Primary · Off-plan
24/10/2023Damac Lagoons - Morocco 16 beds · Villa20,652 sq ft⃃ 30,923,960Primary · Off-plan
25/09/2023Damac Lagoons - Morocco 16 beds · Villa21,649 sq ft⃃ 30,856,000Primary · Off-plan
16/05/2023Damac Lagoons - Venice (1)Villa20,628 sq ft⃃ 29,400,000Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
28/12/2023Damac Lagoons - MarbellaVilla2,365 sq ft⃃ 3,600,000Resale · Off-plan
28/12/2023Damac Lagoons - Santorini (2)3 beds · Villa1,550 sq ft⃃ 1,900,000Resale · Off-plan
28/12/2023Damac Lagoons - Costa Brava (2)4 beds · Villa1,550 sq ft⃃ 1,790,000Resale · Off-plan
27/12/2023Damac Lagoons - Monte CarloVilla1,606 sq ft⃃ 2,000,000Resale · Off-plan
27/12/2023Damac Lagoons - Monte CarloVilla1,551 sq ft⃃ 1,680,000Resale · Off-plan
27/12/2023Damac Lagoons - Costa Brava (2)3 beds · Villa1,550 sq ft⃃ 1,800,000Resale · Off-plan
26/12/2023Damac Lagoons - Morocco 24 beds · Villa1,937 sq ft⃃ 3,236,000Primary · Off-plan
26/12/2023Damac Lagoons - Morocco 24 beds · Villa1,986 sq ft⃃ 3,251,000Primary · Off-plan
26/12/2023Damac Lagoons - Morocco 25 beds · Villa3,132 sq ft⃃ 4,420,000Primary · Off-plan
26/12/2023Damac Lagoons - Morocco 27 beds · Villa14,997 sq ft⃃ 22,288,000Primary · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/damac-lagoons/2023
Damac Lagoons Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-lagoons/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Damac Lagoons in 2023?
3,385 property sales worth ⃃ 11,265,149,563 were registered in Damac Lagoons in 2023. That is 35.5% lower than 2022.
What was the median property price in Damac Lagoons in 2023?
The median sale price was ⃃ 2,552,000 and the median price per square foot ⃃ 1,274 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Damac Lagoons were off-plan or from developers?
Developer (primary) sales were 80% of the 3,385 sales and resales 20%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/damac-lagoons/2023