About DAMAC Lagoons - Lagoon Views 1
DAMAC Lagoons - Lagoon Views 1 is a residential development by Island Oasis Properties, in Remraam, Dubai. It rises 7 storeys (a ground floor, 6 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 162 homes across 3 buildings.
Key information
Developer
Island Oasis Properties
- Expected handover
- TBC
- Status
- Under construction
- Location
- Remraam, Dubai
- Construction started
- 2024
- Number of buildings
- 3
- Number of units
- 162
- Registered with DLD
- 17 Feb 2024
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 4031225984098002
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction56% complete
- Expected handoverTBC
Construction progress
33 inspection photos from the Dubai Land Department. Latest 15 May 2026 at 56% complete.
.jpeg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
.jpg&w=828&q=75)
Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
9 Elevators
7 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
164
Median price
AED 1.2M
Median price / sqft
AED 2K-8%
Off-plan share
100%
Priced 36% above than the Al Hebiah Fifth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 127 | 758 sqft | AED 1.2M | AED 2K |
| 2 Bed | 37 | 1,116 sqft | AED 1.8M | AED 2K |
Price per sqft by year
-8% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 10 Jun 2025 | Off-plan | 1,016 sqft | AED 1.4M | AED 1K |
| 10 Jun 2025 | Off-plan | 732 sqft | AED 910K | AED 1K |
| 13 May 2025 | Off-plan | 1,145 sqft | AED 1.9M | AED 2K |
| 02 Jan 2025 | Off-plan | 743 sqft | AED 1.1M | AED 1K |
| 09 Oct 2024 | Off-plan | 1,134 sqft | AED 1.8M | AED 2K |
| 02 Oct 2024 | Off-plan | 793 sqft | AED 1.2M | AED 2K |
| 17 Sept 2024 | Off-plan | 1,016 sqft | AED 1.6M | AED 2K |
| 16 Sept 2024 | Off-plan | 674 sqft | AED 1.0M | AED 2K |
Unit mix
162 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 126 | 674 - 808 sqft |
| 2 B/R | 36 | 1,016 - 1,145 sqft |
Payment plan
Payment plans are set by Island Oasis and change with each release. We'll send the plan that applies to the units available now, with the milestone breakdown.
Request the payment planLocation
Approximate location in Remraam, Dubai.
Remraam
Dubai, United Arab Emirates
Frequently asked questions
DAMAC Lagoons - Lagoon Views 1 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 56% complete.
.jpeg)
.jpeg)
.jpeg)
.jpeg)
