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Building · Transactions · 2023

Damac Lagoons - Nice 1 Property Transactions 2023

109 property sales worth ⃃ 262.31M were registered in Damac Lagoons - Nice 1 in 2023, 78.5% lower than 2022 by number of sales. The median sale price was ⃃ 2,551,000 and the median price per square foot ⃃ 861 (+11.4% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 109 salesUpdated: 15 Nov 2026
Property sales
109
−78.5% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 262.31M
−75.9% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 2,551,000
+49.5% vs 2022
109 sales
Median price per sq ft
⃃ 861
+11.4% vs 2022
109 sales

What types of property sold in Damac Lagoons - Nice 1 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas109100%⃃ 262.31M⃃ 2,551,000⃃ 861

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)4541.3%⃃ 116.54M⃃ 2,568,000⃃ 812
Resale (secondary)6458.7%⃃ 145.77M⃃ 2,015,500⃃ 906
Off-plan109100%⃃ 262.31M⃃ 2,551,000⃃ 861

What were the most expensive property sales in Damac Lagoons - Nice 1 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
07/07/2023Damac Lagoons - Nice 1Villa4,650 sq ft⃃ 5,700,000Resale · Off-plan
02/05/2023Damac Lagoons - Nice 1Villa5,310 sq ft⃃ 5,250,000Resale · Off-plan
01/03/2023Damac Lagoons - Nice 1Villa4,650 sq ft⃃ 4,727,000Resale · Off-plan
07/07/2023Damac Lagoons - Nice 15 beds · Villa2,364 sq ft⃃ 3,500,000Resale · Off-plan
15/09/2023Damac Lagoons - Nice 15 beds · Villa2,364 sq ft⃃ 3,000,000Resale · Off-plan
09/08/2023Damac Lagoons - Nice 15 beds · Villa2,395 sq ft⃃ 2,930,000Resale · Off-plan
03/10/2023Damac Lagoons - Nice 15 beds · Villa2,365 sq ft⃃ 2,900,000Resale · Off-plan
12/06/2023Damac Lagoons - Nice 15 beds · Villa2,364 sq ft⃃ 2,865,000Primary · Off-plan
13/07/2023Damac Lagoons - Nice 15 beds · Villa2,535 sq ft⃃ 2,825,000Resale · Off-plan
09/08/2023Damac Lagoons - Nice 15 beds · Villa1,550 sq ft⃃ 2,770,000Resale · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
19/12/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,000,000Resale · Off-plan
07/12/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,100,000Resale · Off-plan
30/11/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,100,000Resale · Off-plan
28/11/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,100,000Resale · Off-plan
22/11/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,030,000Resale · Off-plan
13/11/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,070,000Resale · Off-plan
10/11/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,070,000Resale · Off-plan
08/11/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,100,000Resale · Off-plan
25/10/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,080,000Resale · Off-plan
19/10/2023Damac Lagoons - Nice 14 beds · Villa1,550 sq ft⃃ 2,083,000Resale · Off-plan

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/damac-lagoons-nice-1/2023
Damac Lagoons - Nice 1 Property Transactions 2023. DXBinteract, data to 14 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-lagoons-nice-1/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Damac Lagoons - Nice 1 in 2023?
109 property sales worth ⃃ 262,308,630 were registered in Damac Lagoons - Nice 1 in 2023. That is 78.5% lower than 2022.
What was the median property price in Damac Lagoons - Nice 1 in 2023?
The median sale price was ⃃ 2,551,000 and the median price per square foot ⃃ 861 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Damac Lagoons - Nice 1 were off-plan or from developers?
Developer (primary) sales were 41.3% of the 109 sales and resales 58.7%. Off-plan units made up 100% and ready units —. Primary/resale and off-plan/ready are different splits.

Last updated · data to 14 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/damac-lagoons-nice-1/2023