About DAMAC Lagoons - Valencia
DAMAC Lagoons - Valencia is a residential development by Island Oasis Properties, in Remraam, Dubai. It rises 15 storeys (a ground floor, 1 podium level, 13 floors and a roof), built as a concrete structure with internal and external finishes. The project comprises 527 homes across 2 buildings.
Key information
Developer
Island Oasis Properties
- Expected handover
- TBC
- Status
- Not started
- Location
- Remraam, Dubai
- Construction started
- 2024
- Number of buildings
- 2
- Number of units
- 527
- Registered with DLD
- 02 Sept 2024
- Escrow bank
- First Abu Dhabi Bank
- Escrow account no.
- 4031225984098021
- DLD transfer fee
- 4%
Source: official Dubai Land Department project data.
Project timeline
- Construction started2024
- Under construction5% complete
- Expected handoverTBC
Construction progress
8 inspection photos from the Dubai Land Department. Latest 20 May 2026 at 5% complete.
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Amenities
Physical features recorded on the Dubai Land Department buildings register.
4 Swimming Pools
Covered Parking
14 Elevators
16 Floors
Sales and prices
Recorded sales from the Dubai Land Department register, not asking prices.
Recorded sales
1,181
Median price
AED 781K
Median price / sqft
AED 2K+0%
Off-plan share
100%
Priced 61% above than the Al Hebiah Fifth median of AED 1K/sqft.
Sold by bedroom
| Layout | Sold | Typical size | Avg price | Avg / sqft |
|---|---|---|---|---|
| Studio | 677 | 379 sqft | AED 724K | AED 2K |
| 1 Bed | 396 | 763 sqft | AED 1.3M | AED 2K |
| 2 Bed | 108 | 1,169 sqft | AED 1.8M | AED 2K |
Recent recorded sales
| Date | Type | Size | Price | Price / sqft |
|---|---|---|---|---|
| 09 Sept 2026 | Off-plan | 1,166 sqft | AED 1.8M | AED 2K |
| 09 Sept 2026 | Off-plan | 405 sqft | AED 737K | AED 2K |
| 09 Sept 2026 | Off-plan | 402 sqft | AED 764K | AED 2K |
| 09 Sept 2026 | Off-plan | 792 sqft | AED 1.2M | AED 2K |
| 07 Sept 2026 | Off-plan | 739 sqft | AED 1.2M | AED 2K |
| 07 Sept 2026 | Off-plan | 738 sqft | AED 1.2M | AED 2K |
| 07 Sept 2026 | Off-plan | 1,156 sqft | AED 1.8M | AED 2K |
| 07 Sept 2026 | Off-plan | 1,162 sqft | AED 1.7M | AED 1K |
Unit mix
1,558 registered units, by layout and size, from the Dubai Land Department.
| Layout | Units | Size range |
|---|---|---|
| Studio | 754 | 328 - 413 sqft |
| 1 B/R | 596 | 701 - 1,418 sqft |
| 2 B/R | 208 | 1,156 - 1,302 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 - Valencia has a planned handover of a date not yet on the register, and the latest DLD inspection puts construction at 5% complete.
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