AED 2,600,000Off-plan
DAMAC Lagoons and Remraam Market Report: September 2026
In September 2026, the median apartment price in DAMAC Lagoons and Remraam was AED 1,725 per sq ft, across 385 residential sales transactions worth AED 700 million, according to Richmond Properties' analysis of Dubai Land Department data.
Key statistics
September 2026, compared with August 2026
- 385
- Residential sales transactions +40.5%
- AED700 million
- Sales value +28.3%
- AED1,725
- Apartments, median price per sq ft +4.5%
- AED2.5 million
- Villas and townhouses, median price −5.8%
- 70%
- Off-plan share of sales 270 off-plan sales
- 194
- New lease registrations (Ejari) +48.1%
- AED145,000
- Villa rent, median a year −3.3%
- 5.4%
- Gross rental yield, villas
Apartments, median price per sq ft
Lighter bars: fewer than 30 sales
Villas and townhouses, median price
Villa and townhouse rent, median a year
Lighter bars: fewer than 30 leases
Apartment sales
Off-planReadyTotal sales
Villa and townhouse sales
Off-planReadyTotal sales
Villa and townhouse lease registrations
NewRenewedTotal lease registrations
Homes in DAMAC Lagoons and Remraam
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FAQ
How many residential sales transactions were recorded in DAMAC Lagoons in September 2026?
Residential sales transactions in DAMAC Lagoons totalled 385 in September 2026, worth AED 700 million. Sales rose 40.5% month-on-month. Off-plan sales accounted for 70% of the total and owner resales 8%.
What is the price per sq ft in DAMAC Lagoons?
The median apartment price in DAMAC Lagoons was AED 1,725 per sq ft in September 2026, across 216 sales; it rose 4.5% month-on-month, and was 4% above the Dubai median. The median villa and townhouse price was AED 2.5 million, across 169 sales; it declined 5.8% month-on-month.
Are property prices in DAMAC Lagoons going up or down?
The monthly median apartment price in DAMAC Lagoons declined 0.6% between January 2026 and September 2026.
How much does a home in DAMAC Lagoons cost by number of bedrooms?
In DAMAC Lagoons in September 2026, median prices were AED 720,710 for a studio apartment (103 sales); AED 1.3 million for a 1-bedroom apartment (80 sales); AED 1.7 million for a 3-bedroom villa or townhouse (48 sales); AED 2.5 million for a 5-bedroom villa or townhouse (4 sales).
| Bedrooms | Sales | Median price | Per sq ft |
|---|---|---|---|
| Studio | 103 | AED 720,710 | AED 1,848 |
| 1-bed | 80 | AED 1.3 million | AED 1,605 |
| 2-bed | 33 | AED 1.8 million | AED 1,530 |
| Bedrooms | Sales | Median price | New lease registrations | Median rent, a year | Gross yield |
|---|---|---|---|---|---|
| ⚠3-bed | 48 | AED 1.7 million | 25 | AED 135,000 | – |
| ⚠4-bed | 2 | AED 2.5 million | 122 | AED 140,000 | – |
| ⚠5-bed | 4 | AED 2.5 million | 44 | AED 190,000 | – |
| ⚠6-bed | 0 | – | 3 | AED 375,000 | – |
What is the average rent in DAMAC Lagoons?
New villa and townhouse lease registrations had a median rental rate of AED 145,000 a year, across 194 registrations. 194 new leases and 0 renewals were registered with Ejari.
What is the rental yield in DAMAC Lagoons?
The gross rental yield on ready villas and townhouses in DAMAC Lagoons was 5.4% in September 2026, comparing median new rents with median ready sale prices.
How much does property in DAMAC Lagoons cost in US dollars?
The UAE dirham is pegged to the US dollar at AED 3.6725. At that rate, in DAMAC Lagoons in September 2026, the median apartment price of AED 1,725 per sq ft is approximately $470 per sq ft; the median villa and townhouse price of AED 2.5 million is approximately $683,839.
How many prime sales were recorded in DAMAC Lagoons?
2 prime sales (AED 10 million and above) were recorded in DAMAC Lagoons in September 2026, worth AED 22.7 million and accounting for 0.5% of sales. Villas and townhouses accounted for 2 of them and off-plan sales for 0.
How does DAMAC Lagoons compare with Dubai?
The median apartment price in DAMAC Lagoons was 4% above the Dubai median in September 2026, at AED 1,725 per sq ft compared with AED 1,662.
| Measure | DAMAC Lagoons | Dubai |
|---|---|---|
| Apartments, median per sq ft | AED 1,725 | AED 1,662 |
| Villas and townhouses, median | AED 2.5 million | AED 3.5 million |
| Villa rent, median a year | AED 145,000 | AED 185,000 |
| Gross yield, villas | 5.4% | 4.9% |
| Off-plan share of sales | 70% | 68% |
Which buildings in DAMAC Lagoons recorded the most sales?
Valencia by DAMAC recorded the most sales of any building in DAMAC Lagoons in September 2026, with 119 sales worth AED 146 million.
| Building or sub-community | Developer | Sales | Value | Off-plan | Apartments, per sq ft |
|---|---|---|---|---|---|
| ValenciaDAMAC LAGOONS | DAMAC | 119 | AED 146 million | 100% | AED 1,615 |
| Lagoon Views 13DAMAC LAGOONS | DAMAC | 91 | AED 79.0 million | 100% | AED 1,832 |
| Reportage HillsAl Hebiah Fifth | Reportage | 54 | AED 103 million | 100% | – |
| PortofinoDAMAC LAGOONS | DAMAC | 17 | AED 52.1 million | 0% | – |
| Costa Brava (1)DAMAC LAGOONS | DAMAC | 12 | AED 37.7 million | 0% | – |
| Costa Brava (2)DAMAC LAGOONS | DAMAC | 12 | AED 37.4 million | 0% | – |
| Malta (1)DAMAC LAGOONS | DAMAC | 11 | AED 29.6 million | 0% | – |
| Malta (2)DAMAC LAGOONS | DAMAC | 10 | AED 33.3 million | 0% | – |
| Nice 1DAMAC LAGOONS | DAMAC | 9 | AED 26.7 million | 0% | – |
| IbizaDAMAC LAGOONS | DAMAC | 8 | AED 22.1 million | 0% | – |
Which developers recorded the most off-plan sales in DAMAC Lagoons?
DAMAC recorded the most off-plan sales in DAMAC Lagoons in September 2026, with 216 sales worth AED 236 million, accounting for 80% of off-plan sales. It was followed by Reportage (54).
| Developer | Off-plan sales | Value | Share of off-plan sales |
|---|---|---|---|
| DAMAC | 216 | AED 236 million | 80% |
| Reportage | 54 | AED 103 million | 20% |
What do the figures mean?
- Median price
- The middle sale price once all sales are ranked: half of sales were above it and half below. Used instead of the average so a few very large sales don't distort the figure.
- Price per sq ft
- Sale price divided by the registered area in square feet, then the median across sales. Reported for apartments; villa records often carry the plot size, so villas are reported per home.
- Off-plan and ready
- Off-plan sales are homes sold before completion; ready sales are completed homes, including owner resales and developers' completed stock.
- Sub-community and building
- Where DLD records a home: a sub-community for villas and townhouses (for example Raya in Arabian Ranches 3), a building for apartments, or the project name for off-plan homes.
- Ejari
- Dubai's official lease registration system. Rents here are new Ejari leases registered in the period; renewals are counted separately.
- Gross rental yield
- Median new annual rent divided by the median ready sale price, before costs. Shown only between 3% and 12%; outside that range the pairing reflects data errors rather than a yield.
- DLD area and community
- The Dubai Land Department records sales and leases by official area, which can differ from the name people use. Each report names the DLD areas it covers.
- ⚠ Small sample
- A figure based on fewer than 30 sales or leases. It is shown, but can move a lot from period to period.
How should this report be cited?
Richmond Properties (2026). DAMAC Lagoons and Remraam Market Report: September 2026. Data: Dubai Land Department. Published 2 November 2026. https://richmondproperties.ae/insights/market-reports/damac-lagoons-remraam/2026-09. Licensed CC BY 4.0.
In copy: “according to Richmond Properties’ analysis of Dubai Land Department data”.
Figures are Dubai Land Department open data for September 2026, compared with August 2026. Sales are counted by transaction date and cover homes only: apartments, hotel apartments, villas and townhouses (including villa plots). Offices, shops, hotel rooms, development land and labour accommodation are excluded. Rents are new Ejari leases; leases are assigned to a community through their building or sub-community where DLD files them under a different district. 2 transactions identified as recording errors are excluded. Figures and text are generated from Dubai Land Department data by Richmond Properties’ reporting system. Data as of 2 November 2026. This report is for general information and is not financial or investment advice.