New homes in Valencia start at AED 612,000; keys are due Mar 2029; you pay 5% to book, 55% while it is built and 40% at the keys.
In the 12 months to Oct 19, 2026, Dubai Land Department recorded 985 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in DAMAC Lagoons. Their median price is AED 1,902 per sq ft (about AED 624,000 at 328 sq ft). This project's from price is AED 1,866 per sq ft (AED 612,000 for its smallest home, 328 sq ft), 2% less.
Keys
Mar 2029
The developer's handover date
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
Studio to 2 beds
Sizes
328 to 1,302 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department
Details from the developer, as of Nov 1, 2026. They can change; ask us to confirm before you book.
Dubai Land Department register
From price per sq ft
AED 1,866 per sq ft
Similar off-plan homes: AED 1,902 per sq ft
We couldn't match this project to the Dubai Land Department project register yet. Ask us for its RERA project number.
Paying for it
You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.
AED
When
Stage
Share
Amount
Now
Booking
5%
AED 30,600
Feb 2027
While it is built
6.9%
AED 42,075
May 2027
While it is built
6.9%
AED 42,075
Aug 2027
While it is built
6.9%
AED 42,075
Nov 2027
While it is built
6.9%
AED 42,075
Mar 2028
While it is built
6.9%
AED 42,075
Jun 2028
While it is built
6.9%
AED 42,075
Sep 2028
While it is built
6.9%
AED 42,075
Dec 2028
While it is built
6.9%
AED 42,075
Mar 2029
Keys
40%
AED 244,800
Booking payment, 5%
AED 30,600
Dubai Land Department fee (Oqood), 4%
AED 24,480
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 55,080
The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
Your payments go into the project's escrow account, which RERA watches, not straight to the developer.
Before you buy
Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask DAMAC Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.
Is the price fair?
Dubai Land Department recorded 985 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in DAMAC Lagoons, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
We compare with off-plan sales across DAMAC Lagoons, as this project isn't on the Dubai Land Department register yet or has too few sales.
Dubai Land Department recorded 985 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in DAMAC Lagoons, from Oct 20, 2025 to Oct 19, 2026. Here is what they sold for, and where this project's from price sits.
Median price AED 1,902 per sq ft
AED 1,643 to AED 1,692 per sq ft
4 sales
AED 1,692 to AED 1,740 per sq ft
14 sales
AED 1,740 to AED 1,789 per sq ft
37 sales
AED 1,789 to AED 1,838 per sq ft
122 sales
AED 1,838 to AED 1,886 per sq ft
244 sales
This project's from price is in this band.
AED 1,886 to AED 1,935 per sq ft
326 sales
AED 1,935 to AED 1,983 per sq ft
236 sales
AED 1,983 to AED 2,032 per sq ft
2 sales
AED 1,643 per sq ftAED 2,032 per sq ft
This project AED 1,866 per sq ft
Half of the sales sold for AED 1,850 to AED 1,932 per sq ft
The median is the middle sale: half sold for less, half for more.
Show as tableShow as chart
Price per sq ft
Sales
AED 1,643 to AED 1,692 per sq ft
4
AED 1,692 to AED 1,740 per sq ft
14
AED 1,740 to AED 1,789 per sq ft
37
AED 1,789 to AED 1,838 per sq ft
122
AED 1,838 to AED 1,886 per sq ft
244
AED 1,886 to AED 1,935 per sq ft
326
AED 1,935 to AED 1,983 per sq ft
236
AED 1,983 to AED 2,032 per sq ft
2
The 3 closest sales
Picked from the 985 similar sales above, closest in size to this project's smallest home.
Sep 2026AED 607,220AED 1,853 per sq ftDAMAC LAGOONS - LAGOON VIEWS 13 A, 328 sq ft
Aug 2026AED 623,280AED 1,902 per sq ftDAMAC LAGOONS - VALENCIA TOWER A, 328 sq ft
Jun 2026AED 641,000AED 1,956 per sq ftDAMAC LAGOONS - VALENCIA TOWER B, 328 sq ft
Sale prices from Dubai Land Department, Oct 20, 2025 to Oct 19, 2026. Off-plan sales only, of the same home type, bedrooms and size band.
What similar homes sold for
The median price of off-plan homes with the same number of bedrooms that sold in DAMAC Lagoons in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.
Type
Off-plan median
Sales
Against similar sales
Studio apartmentFrom AED 612,000 here
Off-plan medianAED 733,000AED 1,907 per sq ft
Sales895
2% below 985 similar sales
1-bed apartment
Off-plan medianAED 1,266,000AED 1,665 per sq ft
Sales691
2-bed apartment
Off-plan medianAED 1,843,000AED 1,579 per sq ft
Sales230
Sale prices from Dubai Land Department, Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.
Rent and yield
Gross yield at the from price
7.2%
Typical for similar ready homes
9.4%
Median rent of studio apartments in DAMAC Lagoons
AED 44,000 a year
Rent contracts counted
135
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 44,000 a year
1-bed apartment
AED 59,000 a year
2-bed apartment
AED 82,000 a year
Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 44,000 ÷ AED 612,000 = 7.2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.
Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.
On your doorstep
Jumeirah Golf Estates Metro Station6.1 km, 17 min driveMetro station
South View School2.3 km, 9 min driveSchool
Dwight School Dubai2.4 km, 8 min driveIB school
JSS International School6.9 km, 12 min driveIndian school
The Fairway Mall3.1 km, 6 min driveMall
Mediclinic Springs7 km, 14 min driveHospital
Jumeirah Lakes Towers10.2 km, 23 min driveOffices
The Els Club, Dubai Sports City2 km, 9 min driveGolf
Valencia asks for 5% on booking, AED 30,600 at its from price of AED 612,000, and leaves 40% for handover. The DAMAC Properties building in DAMAC Lagoons has studio to two-bedroom apartments and a listed handover of March 2029.
The plan is 5% on booking, 55% during construction and 40% at handover. At the from price that is AED 30,600, AED 336,600 and AED 244,800. The listed handover is March 2029, so 60% of the price is paid before that date. Separately, the 4% DLD fee comes to AED 24,480; ask when it is due.
The Dubai Land Department lists 985 studio off-plan sales across DAMAC Lagoons in the 12 months to October 2026. These are sales in the wider area, not in this building alone. The from price per square foot is 1.9% below their median. Ask which unit and floor the from price applies to before you compare.
Valencia has studio, one- and two-bedroom apartments from 328 to 1,302 sq ft. The developer describes the homes as semi-furnished, so ask for a list of what that covers. Kitchens come fully fitted, with stone countertops and integrated appliances. Shared facilities include a children's pool, a shared pool, a gym, covered parking and security around the clock. The developer also mentions lagoon-style outdoor areas, retail and dining in the wider district.
The Els Club, Dubai Sports City is about 2.0 km away, around 9 minutes by car. South View School and a Saudi German Clinics branch in DAMAC Hills are each about 2.3 km away, and Dwight School Dubai about 2.4 km. Jumeirah Golf Estates Metro Station is about 6.1 km away, around 17 minutes by car. JBR beach is about 11.6 km away, around 22 minutes by car. Drive times are by our estimate.
