About DAMAC Lagoons - Lagoon Views 12
DAMAC Lagoons - Lagoon Views 12 is a residential development by Island Oasis Properties, in Remraam, Dubai. It rises 8 storeys (a ground floor, 7 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 322 homes across 4 buildings.
Key information
Developer
Island Oasis Properties
- Expected handover
- TBC
- Status
- Not started
- Location
- Remraam, Dubai
- Construction started
- 2024
- Number of buildings
- 4
- Number of units
- 322
- Registered with DLD
- 06 Aug 2024
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 4031225984098011
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction37% complete
- Expected handoverTBC
Construction progress
27 inspection photos from the Dubai Land Department. Latest 17 Jul 2026 at 37% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
4 Swimming Pools
Covered Parking
8 Elevators
8 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
321
Median price
AED 1.4M
Median price / sqft
AED 2K-5%
Off-plan share
100%
Priced 53% above than the Al Hebiah Fifth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| 1 Bed | 253 | 752 sqft | AED 1.3M | AED 2K |
| 2 Bed | 68 | 1,187 sqft | AED 2.0M | AED 2K |
Price per sqft by year
-5% since 2024AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 22 Jun 2026 | Off-plan | 1,580 sqft | AED 2.4M | AED 2K |
| 17 Jun 2026 | Off-plan | 1,551 sqft | AED 2.3M | AED 2K |
| 25 May 2026 | Off-plan | 749 sqft | AED 1.0M | AED 1K |
| 25 Mar 2026 | Off-plan | 1,512 sqft | AED 2.5M | AED 2K |
| 17 Feb 2026 | Off-plan | 780 sqft | AED 1.5M | AED 2K |
| 16 Feb 2026 | Off-plan | 1,512 sqft | AED 2.5M | AED 2K |
| 12 Jan 2026 | Off-plan | 749 sqft | AED 1.3M | AED 2K |
| 03 Nov 2025 | Off-plan | 1,151 sqft | AED 2.0M | AED 2K |
Unit mix
322 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 1 B/R | 252 | 616 - 810 sqft |
| 2 B/R | 70 | 1,020 - 1,797 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 12 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 37% complete.
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