Master Project · Transactions · 2024

Damac Lagoons Property Transactions 2024

3,158 property sales worth ⃃ 7.5B were registered in Damac Lagoons in 2024, 6.7% lower than 2023 by number of sales. The median sale price was ⃃ 2,000,000 and the median price per square foot ⃃ 1,526 (+19.7% on 2023).

Period: 1 Jan – 31 Dec 2024Compared with: 2023Sample: 3,158 salesUpdated: 17 Oct 2026
Property sales
3,158
−6.7% vs 2023
1 Jan – 31 Dec 2024
Total value
⃃ 7.5B
−33.3% vs 2023
1 Jan – 31 Dec 2024
Median sale price
⃃ 2,000,000
−21.6% vs 2023
3,158 sales
Median price per sq ft
⃃ 1,526
+19.7% vs 2023
3,158 sales

What types of property sold in Damac Lagoons in 2024?

1 Jan – 31 Dec 2024

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments1,58650.2%⃃ 2.2B⃃ 1,299,000⃃ 1,689
Villas1,57249.8%⃃ 5.3B⃃ 2,928,240⃃ 1,255

How were 2024 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)2,21170%⃃ 4.8B⃃ 1,379,000⃃ 1,653
Resale (secondary)94730%⃃ 2.8B⃃ 2,200,000⃃ 995
Off-plan3,158100%⃃ 7.5B⃃ 2,000,000⃃ 1,526

What were the most expensive property sales in Damac Lagoons in 2024?

The ten highest registered sale prices in the year.

No transactions on record for this selection.

What were the last registered sales of 2024?

No transactions on record for this selection.

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 2024 with the whole of 2023.
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/2024
Damac Lagoons Property Transactions 2024. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/damac-lagoons/2024

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 2024?
3,158 property sales worth ⃃ 7,517,747,531 were registered in Damac Lagoons in 2024. That is 6.7% lower than 2023.
What was the median property price in Damac Lagoons in 2024?
The median sale price was ⃃ 2,000,000 and the median price per square foot ⃃ 1,526 (1 Jan – 31 Dec 2024).
What share of 2024 sales in Damac Lagoons were off-plan or from developers?
Developer (primary) sales were 70% of the 3,158 sales and resales 30%. 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/2024