4BR Back-to-Back Townhouse in Morocco, DAMAC Lagoons – Below OP, 45% Paid

Property Overview

This 4-bedroom back-to-back townhouse in the Morocco cluster of DAMAC Lagoons is offered at AED 2,900,000 against an agent-stated original price of AED 3,032,000, about 4.4% below OP and AED 253,280 below OP plus DLD. It has 2,286 sq ft of built-up area on a 1,690 sq ft plot, with 45% paid and handover stated for Q4 2026.

Property Highlights

• Property type: Townhouse, 4 bedrooms
• Built-up area: 2,286 sq ft (agent-stated)
• Plot size: 1,690 sq ft (agent-stated)
• Asking price: AED 2,900,000 (agent-stated)
• Original price: AED 3,032,000 (agent-stated)
• Saving vs OP: AED 132,000, about 4.4% (calculated)
• Saving vs OP + 4% DLD: AED 253,280, about 8.0% (calculated)
• Price per sq ft of BUA: about AED 1,269 (calculated)
• Position: Back-to-back (agent-stated)
• Paid to date: 45% (agent-stated)
• Handover: Q4 2026 (agent-stated)

Why the Price Qualifies as Below OP

The agent states the original price was AED 3,032,000. The asking price of AED 2,900,000 is AED 132,000 lower, which DPF calculates as about 4.4% below OP. Adding the 4% DLD fee to the original price gives AED 3,153,280, matching the agent's figure, so the asking price is AED 253,280 or about 8.0% below OP plus DLD. Per square foot of built-up area, the asking rate is about AED 1,269, against about AED 1,326 at the original price.

The original price comes from the agent's brief dated 5 October 2026 and should be confirmed against the seller's SPA.

Payment and Handover

The agent states that 45% of the price has been paid, with handover in Q4 2026. If the 45% is based on the original price, about AED 1,364,400 has been paid and about AED 1,667,600 remains. How the AED 2,900,000 asking price is split between a payment to the seller and the outstanding DAMAC balance, and when the balance falls due, should be confirmed against the SPA and DAMAC's statement of account, along with any transfer or NOC fees.

About Morocco at DAMAC Lagoons

Morocco is one of the Mediterranean-themed clusters within DAMAC Lagoons, DAMAC's master community next to DAMAC Hills. The cluster offers townhouses and villas, and DAMAC has highlighted a concert stage inspired by the Moroccan city of Chefchaouen, an outdoor library and an arts and crafts studio. DAMAC Lagoons as a whole spans about 45 million sq ft and is built around water lagoons.

Layout and Plot

The agent lists the home as a 4-bedroom back-to-back townhouse with 2,286 sq ft of built-up area on a 1,690 sq ft plot. A built-up area larger than the plot is consistent with a multi-level back-to-back design. The Morocco phase, bathroom count and parking were not supplied and should be checked against the floor plan and SPA.

Location: DAMAC Lagoons

DAMAC Lagoons is a master community by DAMAC beside DAMAC Hills, made up of themed townhouse and villa clusters around lagoons. Travel times have not been independently verified for this unit and are not stated here.

Verification Notes

• Agent-stated facts: 4-bedroom back-to-back townhouse, 2,286 sq ft BUA, 1,690 sq ft plot, super distress, 45% paid, handover Q4 2026, OP AED 3,032,000, OP + DLD AED 3,153,280, asking price AED 2,900,000.
• Calculated by DPF: saving of AED 132,000 (about 4.4%), AED 253,280 (about 8.0%) below OP plus DLD, price per sq ft of BUA of about AED 1,269, and an indicative paid/remaining split.
• External research: cluster facts from AGBI reporting on DAMAC's Morocco cluster.
• Not supplied: Morocco phase, exact remaining balance, bathrooms and parking.