3BR Townhouse in Costa Brava, Damac Lagoons at AED 2,550,000 - Cash Buyer Only, Net to Owner, Near Handover

Property Overview

A 3-bedroom townhouse in Costa Brava cluster, Damac Lagoons by DAMAC Properties at AED 2,550,000 net to owner. Cash buyer only. Urgent sale. The agent states handover is expected within approximately 2 months. No size or original purchase price is disclosed. The buyer pays all transaction costs (DLD fee, agency commission, trustee fee and NOC) on top of the AED 2,550,000, bringing the estimated total buyer outlay to approximately AED 2,712,000 to AED 2,717,000.

Property Highlights

• Type: 3-bedroom townhouse (G+1)
• BUA: Not disclosed (typical for 3BR: 2,000 to 2,074 sqft)
• Plot: Not disclosed (typical for 3BR: approximately 1,550 sqft)
• Asking price: AED 2,550,000 (net to owner)
• Estimated total buyer cost: AED 2,712,000 to AED 2,717,000
• OP: Not disclosed
• Configuration: Not specified (B2B, corner or single row unknown)
• Handover: Approximately 2 months (December 2026)
• Condition: Cash buyer only, urgent sale

Pricing Context

No original purchase price is disclosed. DAMAC launched 3BR Costa Brava townhouses from approximately AED 1,530,000 (2021 to 2022 launch pricing). At AED 2,550,000, the asking price represents approximately 67% appreciation from launch. However, launch pricing is not a reliable benchmark for current market value.

DLD Transactions (Costa Brava)

No specific 3BR DLD transaction data was found in the reviewed records. DLD data for 4BR townhouses (2,229 sqft BUA) in Costa Brava shows a range of AED 2,600,000 to AED 3,000,000 (median approximately AED 2,700,000 at AED 1,700 to AED 1,770 per sqft), with one outlier at AED 1,709,000 (likely an off-plan assignment or distressed transaction). A 3BR townhouse at approximately 2,000 to 2,074 sqft would logically trade below the 4BR range, making AED 2,550,000 plausible for a 3BR in the current market.

Active 3BR Listings

• AED 2,550,000 for 3BR Costa Brava (Bayut listing, may be the same unit)
• AED 2,350,000 for 3BR Costa Brava, 2,074 sqft (older listing, July 2025)

Limited 3BR listing data is available, making precise market benchmarking difficult.

Cash Buyer and Net to Owner

The cash-only requirement combined with net to owner and urgent sale represents a cluster of distress indicators. The seller cannot wait for mortgage processing (3 to 6 weeks), wants certainty of closing and wants a fixed net amount. This typically signals financial pressure. Cash buyers represent a smaller pool than financed buyers, so the seller is accepting a narrower market reach in exchange for speed. The net to owner structure shifts all transaction costs to the buyer: DLD (AED 102,000), agency (AED 51,000), trustee (AED 4,200) and NOC (AED 5,000 to AED 10,000), totalling approximately AED 162,000 to AED 167,000 above the stated price.

Handover Status

Costa Brava has two sub-phases. Costa Brava 1 was completed in April 2026. DLD records for Costa Brava 2 show transactions registered as Ready in September and October 2026, suggesting that sub-phase is also completed or very near completion. The agent's estimate of handover within approximately 2 months (December 2026) likely refers to unit-specific key handover or snag list completion rather than building construction. Buyers should confirm (a) which sub-phase this unit is in, (b) the exact construction and OC (Occupancy Certificate) status and (c) the expected key handover date.

Unit Configuration Unknown

The agent does not specify whether this is a back-to-back, corner or single row unit. In Damac Lagoons, this distinction significantly affects value. B2B middle units (rear wall shared with the unit behind, side walls shared with neighbours) are the least premium configuration with limited natural light. Corner units have two exposed sides. Single row units face open space on one side. Price differences of 10% to 20% between B2B and single row are common. The layout code LTH-3B-M (used for 3BR townhouses) may indicate middle unit.

About Costa Brava at Damac Lagoons

A Spanish-themed cluster within Damac Lagoons by DAMAC Properties. Features crystal lagoons, cobbled streets and geometric gardens. Unit types include 3BR, 4BR and 5BR townhouses plus 5BR and 6BR villas. All townhouses are G+1. The cluster has a 3BR and 4BR rental range of approximately AED 140,000 to AED 160,000 per year for 3BR units.

About Damac Lagoons

A large-scale master-planned community in Dubailand by DAMAC Properties. Multiple themed clusters (Costa Brava, Santorini, Portofino, Malta, Nice, Marbella, Venice, Monte Carlo and others). Community amenities (in various stages of delivery) include crystal lagoons, sandy beaches, wave pool, water park, floating cinema, zipline, kayaking, rock climbing, indoor snorkeling, botanical gardens, boardwalk, sports courts, retail promenade and restaurants. Location: Dubailand, near Hessa Street, Al Khail Road and Emirates Road. Approximately 10 minutes from Global Village, 25 to 30 minutes from Mall of the Emirates and 30 to 35 minutes from Al Maktoum International Airport. No metro access.

Verification Notes

The asking price (net to owner), cash-only requirement, urgent sale and approximate handover timeline are from the agent brief. No size, OP, unit configuration (B2B vs corner vs single row) or sub-phase (Costa Brava 1 vs 2) is disclosed. The typical 3BR BUA of 2,000 to 2,074 sqft on a 1,550 sqft plot is from portal data. No 3BR-specific DLD transactions were found; 4BR transactions at AED 2,600,000 to AED 3,000,000 suggest the 3BR pricing is plausible. Buyers should confirm the exact BUA, plot size, unit configuration, sub-phase and handover date before proceeding.