About DAMAC Lagoons - Morocco 1
DAMAC Lagoons - Morocco 1 is a residential building by Island Oasis Properties, in Remraam, Dubai. It rises 2 storeys (1 basement level, a ground floor, 1 floor and a roof), built as a concrete structure with internal and external finishes. The project comprises 470 homes.
Key information
Developer
Island Oasis Properties
- Expected handover
- TBC
- Status
- Under construction
- Location
- Remraam, Dubai
- Master project
- DAMAC Lagoons
- Construction started
- 2023
- Number of buildings
- —
- Number of units
- 470
- Registered with DLD
- 14 Jul 2023
- Escrow bank
- Emirates NBD
- Escrow account no.
- 0205789887430
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2023
- Under construction77% complete
- Expected handoverTBC
Construction progress
54 inspection photos from the Dubai Land Department. Latest 17 Jul 2026 at 77% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
Covered Parking
4 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
498
Median price
AED 3.2M
Median price / sqft
AED 2K-12%
Off-plan share
0%
Priced 60% above than the Al Hebiah Fifth median of AED 1K/sqft.
Price per sqft by year
-12% since 2023AED/sqft
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 17 Aug 2026 | Resale | 2,506 sqft | AED 3.6M | AED 1K |
| 15 Jul 2026 | Resale | 2,364 sqft | AED 3.3M | AED 1K |
| 17 Jun 2026 | Resale | 1,550 sqft | AED 2.5M | AED 2K |
| 30 Apr 2026 | Resale | 1,550 sqft | AED 2.6M | AED 2K |
| 29 Apr 2026 | Resale | 2,364 sqft | AED 4.0M | AED 2K |
| 18 Mar 2026 | Resale | 8,159 sqft | AED 13.7M | AED 2K |
| 26 Feb 2026 | Resale | 1,550 sqft | AED 3.0M | AED 2K |
| 16 Feb 2026 | Resale | 3,100 sqft | AED 2.5M | AED 823 |
Unit mix
470 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| 4 B/R | 308 | - |
| 5 B/R | 139 | - |
| 6 B/R | 8 | - |
| 7 B/R | 15 | - |
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 - Morocco 1 has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 77% complete.
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