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Project · Transactions · 2023

Damac Lagoons - Venice (1) Property Transactions 2023

212 property sales worth ⃃ 1.9B were registered in Damac Lagoons - Venice (1) in 2023, 1.4% lower than 2022 by number of sales. The median sale price was ⃃ 6,397,000 and the median price per square foot ⃃ 1,197 (+4.1% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 212 salesUpdated: 15 Nov 2026
Property sales
212
−1.4% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 1.9B
+3.4% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 6,397,000
−30.6% vs 2022
212 sales
Median price per sq ft
⃃ 1,197
+4.1% vs 2022
212 sales

What types of property sold in Damac Lagoons - Venice (1) in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Villas212100%⃃ 1.9B⃃ 6,397,000⃃ 1,197

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)19491.5%⃃ 1.7B⃃ 6,397,000⃃ 1,191
Resale (secondary)188.5%⃃ 168.81M⃃ 10,660,500⃃ 1,341

What were the most expensive property sales in Damac Lagoons - Venice (1) in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
16/05/2023Damac Lagoons - Venice (1)Villa20,628 sq ft⃃ 29,400,000Primary · Off-plan
05/01/2023Damac Lagoons - Venice (1)Villa17,965 sq ft⃃ 25,509,000Primary · Off-plan
20/01/2023Damac Lagoons - Venice (1)Villa17,670 sq ft⃃ 25,118,000Primary · Off-plan
28/03/2023Damac Lagoons - Venice (1)Villa16,853 sq ft⃃ 23,865,600Primary · Off-plan
17/01/2023Damac Lagoons - Venice (1)Villa16,198 sq ft⃃ 23,666,880Primary · Off-plan
15/02/2023Damac Lagoons - Venice (1)Villa15,939 sq ft⃃ 23,589,120Primary · Off-plan
23/01/2023Damac Lagoons - Venice (1)Villa15,260 sq ft⃃ 22,856,000Primary · Off-plan
13/02/2023Damac Lagoons - Venice (1)Villa14,531 sq ft⃃ 22,638,000Primary · Off-plan
11/01/2023Damac Lagoons - Venice (1)Villa17,965 sq ft⃃ 22,192,830Primary · Off-plan
12/01/2023Damac Lagoons - Venice (1)Villa21,310 sq ft⃃ 21,634,290Primary · Off-plan

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
22/12/2023Damac Lagoons - Venice (1)Villa9,459 sq ft⃃ 11,000,000Resale · Off-plan
30/10/2023Damac Lagoons - Venice (1)Villa4,989 sq ft⃃ 5,650,000Resale · Off-plan
26/10/2023Damac Lagoons - Venice (1)Villa8,007 sq ft⃃ 13,000,000Resale · Off-plan
28/09/2023Damac Lagoons - Venice (1)Villa5,240 sq ft⃃ 5,000,000Resale · Off-plan
18/09/2023Damac Lagoons - Venice (1)Villa7,948 sq ft⃃ 11,700,000Resale · Off-plan
01/09/2023Damac Lagoons - Venice (1)Villa4,844 sq ft⃃ 6,190,000Primary · Off-plan
29/08/2023Damac Lagoons - Venice (1)Villa7,752 sq ft⃃ 10,622,000Resale · Off-plan
29/08/2023Damac Lagoons - Venice (1)Villa10,028 sq ft⃃ 13,500,000Resale · Off-plan
21/08/2023Damac Lagoons - Venice (1)Villa4,993 sq ft⃃ 5,300,000Resale · Off-plan
10/08/2023Damac Lagoons - Venice (1)Villa7,839 sq ft⃃ 11,600,000Resale · 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-venice-1/2023
Damac Lagoons - Venice (1) Property Transactions 2023. DXBinteract, data to 15 Nov 2026. https://dxbinteract.com/dubai-property-transactions/damac-lagoons-venice-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 - Venice (1) in 2023?
212 property sales worth ⃃ 1,878,632,053 were registered in Damac Lagoons - Venice (1) in 2023. That is 1.4% lower than 2022.
What was the median property price in Damac Lagoons - Venice (1) in 2023?
The median sale price was ⃃ 6,397,000 and the median price per square foot ⃃ 1,197 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Damac Lagoons - Venice (1) were off-plan or from developers?
Developer (primary) sales were 91.5% of the 212 sales and resales 8.5%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 15 Nov 2026 · https://dxbinteract.com/dubai-property-transactions/damac-lagoons-venice-1/2023