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ReadyHanded over

Lago Vista

by DAMAC Properties Me'Aisem First

About Lago Vista

Lago Vista is a residential development by DAMAC Properties, in Me'Aisem First, Dubai. It rises 4 storeys (1 basement level, a ground floor and 3 podium levels), built as a concrete structure with internal and external finishes. The project comprises 1,018 homes across 3 buildings.

Key information

DAMAC Properties
Developer
DAMAC Properties
Handover
Q1 2011
Status
Handed over
Location
Me'Aisem First, Dubai
Master project
International Media Production Zone
Construction started
2007
Number of buildings
3
Number of units
1,018
Service charge
AED 12/sqft
Registered with DLD
08 Nov 2008
Escrow bank
Abu Dhabi Commercial Bank
Escrow account no.
632203159001
DLD transfer fee
4%

Source: official Dubai Land Department project data.

Project timeline

  1. Construction started
    2007
  2. Handed over
    Q1 2011

Amenities

Physical features recorded on the Dubai Land Department buildings register.

25 Floors
Retail & Shops
998 Residential Units

Sales and prices

Recorded sales from the Dubai Land Department register, not asking prices.

Recorded sales
3,080
Median price
AED 531K
Median price / sqft
AED 892-29%
Off-plan share
30%

Priced 18% below than the Me'Aisem First median of AED 1K/sqft.

Sold by bedroom

LayoutSoldTypical sizeAvg priceAvg / sqft
Studio2,162500 sqftAED 479KAED 957
1 Bed101993 sqftAED 901KAED 905
2 Bed7801,327 sqftAED 1.1MAED 834

Price per sqft by year

-29% since 2009

AED/sqft

Recent recorded sales

DateTypeSizePricePrice / sqft
03 Sept 2026Resale496 sqftAED 468KAED 944
18 Aug 2026Resale496 sqftAED 395KAED 796
18 Aug 2026Resale248 sqftAED 192KAED 772
13 Aug 2026Resale992 sqftAED 745KAED 751
05 Aug 2026Resale1,402 sqftAED 1.0MAED 733
04 Aug 2026Resale1,401 sqftAED 930KAED 664
20 Jul 2026Resale496 sqftAED 445KAED 897
08 Jul 2026Resale1,256 sqftAED 802KAED 638

Unit mix

1,018 registered units, by layout and size, from the Dubai Land Department.

LayoutUnitsSize range
Shop20-
Studio708495 - 498 sqft
1 B/R36990 - 1,000 sqft
2 B/R2541,255 - 1,403 sqft

Payment plan

Payment plans are set by DAMAC Properties and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.

Request the payment plan

Location

Approximate location in Me'Aisem First, Dubai.

Me'Aisem First

Dubai, United Arab Emirates

Frequently asked questions

Lago Vista has already been handed over (Q1 2011), according to Dubai Land Department records.

Other new projects in Me'Aisem First

More off-plan launches around Me'Aisem First.

Handover Q1 2011100% complete

Lago Vista

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