DAMAC Lagoons Townhouses 2026 Q1 Resale Report
(1st January - 31st March 2026)
AED 1,210
Average price per sq. ft
Compared to Q1 2025
202 transactions
AED 664M total resale value
Townhouses in DAMAC Lagoons Q1 2026 Resale Report
Executive Summary
Four-bedroom townhouses recorded the highest transaction volume in Q1 2026, with 106 sales and an average price of AED 2,750,607, though transaction count in this segment declined 34.0 percent year-over-year. Five-bedroom units saw 73 transactions at an average price of AED 4,026,247 in Q1 2026, reflecting a 1.0 percent increase in transaction count compared to the prior year, while three-bedroom townhouses registered 16 sales at an average price of AED 2,611,250, up 7.0 percent year-over-year by count. The off-plan primary market recorded only 2 transactions totaling AED 5,982,350 in Q1 2026, representing a minimal share of overall activity in DAMAC Lagoons.
Key Facts
- In Q1 2026, the average resale price per square foot for townhouses in DAMAC Lagoons reached AED 1,210, representing a 20.6% year-over-year increase.
- DAMAC Lagoons recorded 202 resale townhouse transactions in Q1 2026, a decline of 21.7% compared to the same quarter in 2025.
- The total value of resale transactions for DAMAC Lagoons townhouses in Q1 2026 was AED 663,963,630, up 2.1% year-over-year.
- Ready properties accounted for 98.0% of DAMAC Lagoons townhouse resale transactions in Q1 2026, while off-plan units represented just 2.0%.
- Four-bedroom townhouses dominated DAMAC Lagoons resale activity in Q1 2026 with 106 transactions at an average price of AED 2,750,607, though transaction volume fell 34.0% year-over-year.
- Five-bedroom townhouses in DAMAC Lagoons recorded 73 resale transactions in Q1 2026 at an average price of AED 4,026,247, with transaction count up 1.0% year-over-year.
- Three-bedroom townhouses saw 16 resale transactions in DAMAC Lagoons during Q1 2026 at an average price of AED 2,611,250, with transaction volume rising 7.0% year-over-year.
Key Performance Indicators
Key Performance Indicators
Resale - Q1 2026
Rental - Q1 2026
Source: Property Monitor, Metropolitan Premium Properties Analysis
Price Trend
Price Trend - DAMAC Lagoons Townhouses
Average Price per Sq. Ft - DAMAC Lagoons Townhouses
| Period | Average Price per Sq. Ft (AED) |
|---|---|
| Q1 2025 | 1,002 |
| Q2 2025 | 1,040 |
| Q3 2025 | 1,090 |
| Q4 2025 | 1,175 |
| Q1 2026 | 1,210 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did DAMAC Lagoons Townhouses transactions split between off-plan and ready in Q1 2026?
In Q1 2026, DAMAC Lagoons Townhouses recorded an overwhelming majority of ready property transactions at 98.0% by count and 98.2% by value, while off-plan deals accounted for just 2.0% of transactions and 1.8% of total value. The near-identical distribution across both metrics indicates that off-plan and ready transactions carried similar average deal sizes during the quarter. This composition reflects a market segment dominated by completed inventory, with minimal off-plan activity in DAMAC Lagoons Townhouses for the period.
Which Townhouses bedroom configurations recorded the highest resale activity in DAMAC Lagoons during Q1 2026?
In Q1 2026, four-bedroom townhouses dominated transaction activity at DAMAC Lagoons with 106 sales and an average price of AED 2,750,607, though the segment recorded a 34.0% year-on-year decline in transaction count. Five-bedroom units followed with 73 transactions at an average price of AED 4,026,247, while three-bedroom configurations accounted for 16 sales at AED 2,611,250. Average prices across reportable segments ranged from AED 2,611,250 to AED 4,026,247, with five-bedroom townhouses commanding the highest average price in the development during the quarter.
Performance by Bedroom Type
Price Insights by Bedroom
| Bedrooms | Avg Price | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 3 B/R | AED 2,611,250 | +30.8% | 16 | +7% |
| 4 B/R | AED 2,750,607 | +19.8% | 106 | -34% |
| 5 B/R | AED 4,026,247 | +32.8% | 73 | +1% |
| NULL | AED 3,376,375 | N/A | 2 | N/A |
Transaction Distribution by Bedroom
Transaction Volume by Bedroom Type - Q1 2026
| Bedroom Type | Transactions |
|---|---|
| 3 B/R Bed | 16 |
| 4 B/R Bed | 106 |
| 5 B/R Bed | 73 |
| NULL Bed | 2 |
Source: Property Monitor, Metropolitan Premium Properties Analysis
How did off-plan primary-market sales of Townhouses in DAMAC Lagoons perform in Q1 2026?
In Q1 2026, off-plan primary market activity at DAMAC Lagoons Townhouses in Dubai recorded 2 transactions totaling AED 5,982,350, representing declines of 98.1% and 98.3% year-on-year respectively. Off-plan sales constituted less than 1% of total transaction volume in the community during the period, with resale activity accounting for 202 transactions valued at AED 663,963,630. The sharp contraction in developer-direct sales reflects near-completion of the project's construction phases and a shift toward secondary market trading.
Rental Summary
Rental Contract Distribution - Q1 2026
Rental Insights by Bedroom
| Bedrooms | Avg Rent | Price YoY | Transactions | Trans. YoY |
|---|---|---|---|---|
| 3 B/R | AED 151,667 | N/A | 9 | N/A |
| 4 B/R | AED 164,985 | N/A | 40 | N/A |
| 5 B/R | AED 197,399 | N/A | 24 | N/A |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Dubai Townhouses Market Context -- Q1 2026
Dubai's property market recorded 44,267 sale transactions in Q1 2026, with initial sales accounting for 71.9% of the total and resale transactions representing 28.1%. The rental market registered 147,091 tenancy contracts during the same period, split between 33.6% new contracts and 66.4% renewals. These Dubai-wide figures provide the context against which DAMAC Lagoons Townhouses performance is measured in the following analysis.
Dubai Overall Market Context
Dubai Townhouses Market Totals - Q1 2026
| Category | Percentage |
|---|---|
| Initial Sale | 71.9% |
| Resale | 28.1% |
| Category | Percentage |
|---|---|
| New | 33.6% |
| Renewal | 66.4% |
Source: Property Monitor, Metropolitan Premium Properties Analysis
Frequently Asked Questions
What was the average price per square foot for resale townhouses in DAMAC Lagoons in Q1 2026?
How many resale townhouse transactions occurred in DAMAC Lagoons during Q1 2026?
What was the total transaction value for resale townhouses in DAMAC Lagoons in Q1 2026?
What was the average price for a 4-bedroom resale townhouse in DAMAC Lagoons in Q1 2026?
What was the average price for a 5-bedroom resale townhouse in DAMAC Lagoons in Q1 2026?
What percentage of townhouse transactions in DAMAC Lagoons were for ready properties in Q1 2026?
What was the average price for a 3-bedroom resale townhouse in DAMAC Lagoons in Q1 2026?
Methodology
This analysis of DAMAC Lagoons townhouse resale activity in Q1 2026 draws on Property Monitor's aggregation of Dubai Land Department transaction records covering the period from January 1 to March 31, 2026, with year-on-year comparisons referencing the corresponding quarter in 2025. The dataset comprises 202 resale transactions valued at AED 663,963,630, yielding an average price per square foot of AED 1,210, alongside two off-plan transactions totaling AED 5,982,350. Readers should note that Dubai Land Department registrations reflect the date a transaction is formally recorded rather than the date of initial sale agreement, meaning recent deals may experience a lag of several weeks before appearing in the register, which can affect period-end counts and introduce minor timing discrepancies when comparing sequential quarters.
Glossary
- PSF
- Price per square foot, calculated by dividing a property's total sale price by its built-up area in square feet. This metric standardizes pricing across different unit sizes within Dubai real estate.
- Off-plan
- Properties sold by developers before construction completion, typically purchased through payment plans. Buyers commit to units that are under construction or not yet started.
- Secondary market
- The resale segment where existing property owners sell to new buyers, distinct from primary developer sales. Transactions occur between private parties rather than developers.
- Ready property
- Completed, habitable units available for immediate occupancy or rental. These properties have received completion certificates and are move-in ready.
- Resale Off-Plan Origin
- A property originally purchased off-plan from a developer, now being resold by the owner before construction completion. The unit remains under development but changes ownership.
- Resale
- A completed property being sold by an existing owner in the secondary market. The unit has been delivered by the developer and is being transferred to a new buyer.
- Townhouse
- A multi-story residential unit sharing one or two walls with adjacent units, typically featuring private outdoor space. Common in master-planned communities throughout Dubai.
- DAMAC Lagoons
- A master-planned community developed by DAMAC Properties in Dubailand, featuring lagoon-themed residential clusters with townhouses and villas. The development emphasizes water features and recreational amenities.
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