4-Bedroom Townhouse in the Nice Cluster, DAMAC Lagoons — Below Market (Comparable Needed — See Notes)

Property Overview

This is a four-bedroom townhouse in the Nice cluster of DAMAC Lagoons, a Mediterranean-themed waterfront community by DAMAC Properties adjacent to DAMAC Hills, Dubai. With a stated size of 1,550 sq ft, it is offered at AED 3,000,000, or about AED 1,935 per sq ft. It is classified as a Below Market distress listing; please note the pricing point below.

Property Highlights

• Four-bedroom townhouse in Nice, DAMAC Lagoons
• Stated 1,550 sq ft (compact for a 4-bedroom; to be confirmed)
• French-Riviera-themed cluster with skate park, bicycle trails and green spaces
• Access to crystal lagoons, beaches and community amenities
• Asking price of AED 3,000,000 (approximately AED 1,935 per sq ft)

Deal Classification (Please Note)

This is classified as Below Market on the agent's and DPF operator's assessment. However, an earlier Nice four-bedroom townhouse listing cited a market benchmark of AED 3,000,000, and this unit is asking exactly AED 3,000,000 — at that level rather than below it. For the Below Market classification to hold, a current dated comparable above AED 3,000,000 for a like-for-like Nice four-bedroom must be recorded on DPF's evidence file before publishing; otherwise the price may be at market rather than below. No savings percentage is stated. Based on the size, the indicative rate is about AED 1,935 per sq ft.

Layout and Size

The brief describes a four-bedroom townhouse of 1,550 sq ft. This size is at the compact end for a DAMAC Lagoons four-bedroom townhouse, where such homes generally range from about 1,600 to 2,300 sq ft, so the built-up area should be confirmed. Bathroom count, parking, plot size, view and furnishing were not supplied and should be confirmed. To keep this listing accurate, no unit-specific details beyond those supplied and standard project features have been added.

About DAMAC Lagoons, Nice and DAMAC

DAMAC Lagoons is a 45 million sq ft Mediterranean-inspired waterfront community by DAMAC Properties, adjacent to DAMAC Hills, organised into themed clusters such as Nice, Portofino, Santorini, Costa Brava, Malta and Morocco around crystal lagoons and sandy beaches. Nice, inspired by the French Riviera, is the community's Youth Hub, featuring skate parks, bicycle trails and open green spaces, alongside shared amenities such as a floating cinema, wave pools, water sports, a clubhouse, beachfront cafes, a zen garden, a fishing pond and a dog park. The community sits off Hessa Street with access to Al Khail Road and Sheikh Mohammed Bin Zayed Road. The Nice cluster's handover was estimated around 2024-2025.

Status and Payment

The status was not supplied; the Nice cluster may be at or near completion. If off-plan, the buyer takes over the seller's position via DAMAC's transfer process and the signed SPA; the amount paid to date, outstanding balance, transfer fees and current status should be confirmed.

Location and Connectivity

DAMAC Lagoons sits in Dubailand off Hessa Street, near Al Khail Road and Sheikh Mohammed Bin Zayed Road, adjacent to DAMAC Hills. Specific drive times were not supplied and are not stated here to avoid unverified claims; buyers should confirm distances to their own key destinations.

Verification Notes

• Agent-supplied facts: four-bedroom townhouse, stated 1,550 sq ft, AED 3,000,000 asking price; status not supplied.
• Deal classification: Below Market per the operator; no comparable supplied, and the asking equals an earlier-cited Nice benchmark of AED 3,000,000 (so at, not below, that level). Log a comparable above AED 3,000,000; no savings percentage is stated.
• Duplicate check: distinct from the earlier Nice 4-bedroom townhouse (ref A01, AED 2,800,000, single-row, AED 3,000,000 benchmark); confirm this is a separate unit.
• Size: 1,550 sq ft is at the compact end for a 4-bedroom townhouse here; confirm the built-up area.
• Status: not supplied; the Nice cluster's estimated 2024-2025 handover means it may be at or near completion; confirm.
• The agent's "Below Market | 4BR Townhouse | DAMAC Lagoons" statement is preserved as an attributed agent marketing claim.