4BR Townhouse in Mykonos, DAMAC Lagoons at Original Price

Property Overview

This 4-bedroom townhouse is in the Mykonos cluster of DAMAC Lagoons. It is offered as an off-plan resale at AED 2,570,000, which is the stated original purchase price. The agent states a built-up area of 2,280 sq ft on a 1,548 sq ft plot. That works out to about AED 1,127 per sq ft. The unit is a back-to-back townhouse, and handover is due in Q2 2027.

Property Highlights

• Property type: Townhouse
• Bedrooms: 4
• Built-up area: 2,280 sq ft (agent-stated)
• Plot size: 1,548 sq ft (agent-stated)
• Asking price: AED 2,570,000
• Original purchase price: AED 2,570,000 (agent-stated)
• Calculated rate: about AED 1,127 per sq ft of BUA
• Position: back-to-back (agent-stated)
• Handover: Q2 2027 (agent-stated)

Why This Is Listed as an OP Deal

The agent describes this as selling at OP plus DLD. The asking price equals the stated original price of AED 2,570,000. That means there is no premium over OP and no discount below it.

A 4% DLD fee on that price is about AED 102,800. Adding it would bring the total to about AED 2,672,800. This DLD figure is a DPF calculation. Before proceeding, buyers should confirm with the agent which of these applies:

• AED 2,570,000 is the full price, and the seller absorbs their original DLD.
• The buyer also reimburses the 4% DLD.

About the Project, Developer and Community

Mykonos is a Greek-island-themed townhouse cluster in DAMAC Lagoons. DAMAC Lagoons is a DAMAC Properties master community in Dubailand. It is planned around crystal lagoons, beaches and waterfront leisure, with themed clusters named after Mediterranean destinations.

Layout, Plot and Position

The agent states 2,280 sq ft of built-up area on a 1,548 sq ft plot, with four bedrooms. The plot is smaller than the built-up area because the townhouse has more than one floor. The unit is back-to-back, which usually means another townhouse sits directly behind it. Buyers should confirm the following from the SPA, floor plans and site plan:

• number of floors
• bathroom count
• maid's room, if any
• parking
• exact position

Payment Plan and Handover

The agent states handover in Q2 2027. The brief does not give a payment plan or the amount paid. Buyers should confirm the following from the SPA and DAMAC statement of account:

• amount paid
• outstanding balance
• handover payment
• DAMAC's NOC and transfer fees

Location and Connectivity

DAMAC Lagoons lies off Sheikh Mohammed Bin Zayed Road (E311) in Dubailand, near Motor City and Arabian Ranches. Travel times vary with traffic and route.

Verification Notes

• Agent-supplied facts: Mykonos cluster, 4 bedrooms, BUA, plot, OP and asking price of AED 2,570,000, the at-OP-plus-DLD description, back-to-back position and Q2 2027 handover.
• DPF-calculated figures: about AED 1,127 per sq ft; estimated 4% DLD of about AED 102,800; OP plus DLD of about AED 2,672,800.
• External context: general DAMAC Lagoons community facts.
• Not verified: DLD arrangement, amount paid, payment plan, bathrooms and parking.