5-Bedroom Townhouse in Morocco 2, DAMAC Lagoons – 3.7% Below Original Price

Property Overview

This 5-bedroom townhouse in Morocco 2, DAMAC Lagoons, Dubai, is offered at AED 4,200,000 for a built-up area of 2,561.42 sq ft. The asking price is AED 163,000 below the seller's stated original purchase price of AED 4,363,000, a reduction of 3.7%, which places this resale in DPF's Below OP category.

Property Highlights

• Property type: Townhouse
• Bedrooms: 5
• Built-up area: 2,561.42 sq ft
• Asking price: AED 4,200,000
• Original purchase price (agent-stated): AED 4,363,000
• Saving versus original price: AED 163,000 (3.7%)
• Asking rate: approximately AED 1,640 per sq ft of built-up area
• Project: Morocco 2 (Morocco Phase 2), DAMAC Lagoons
• Developer: DAMAC Properties

Why the Price Qualifies as Below OP

The agent brief states an original purchase price of AED 4,363,000 and an asking price of AED 4,200,000. DPF calculates the difference as AED 163,000, which equals 3.7% of the original price. Dividing the asking price by the stated built-up area gives an asking rate of about AED 1,640 per sq ft.

The benchmark is the seller's own original purchase price as supplied in the agent brief received on 15 October 2026. It is not a DLD transaction record or an independent valuation, so this page does not claim the unit is priced below current market value. The 3.7% figure compares the asking price with what the seller originally agreed to pay; buyers should confirm the original price against the Oqood or SPA before committing.

About the Project, Developer and Community

Morocco is the Moroccan-themed cluster of DAMAC Lagoons, the lagoon-centred master community by DAMAC Properties located opposite DAMAC Hills. DAMAC's own marketing presents Morocco as the final chapter of DAMAC Lagoons, with 4 and 5-bedroom townhouses alongside larger villas, and a design language inspired by Moroccan art and architecture.

The wider DAMAC Lagoons community is planned around swimmable crystal lagoons and sandy beach areas, landscaped gardens and resort-style facilities. Developer marketing for the Morocco cluster highlights features such as an outdoor yoga studio, swimming pools and themed leisure spaces. Final amenity delivery should be checked against the developer's handover documentation.

Construction and handover status

Morocco Phase 2 was marketed as an off-plan launch from August 2023, and developer and portal project pages indicate an expected completion around Q4 2026. The agent brief does not state this unit's handover date or remaining payment schedule, so neither is confirmed for this specific townhouse. Buyers should obtain the current statement of account and expected completion date from DAMAC through the seller.

Layout, Floor and View

The agent has confirmed a 5-bedroom townhouse with 2,561.42 sq ft of built-up area. Bathroom count, plot size, view, row position (middle, corner or end unit), parking and furnishing were not supplied, and DPF has not assumed them. Townhouses in Morocco 2 are offered in more than one 5-bedroom layout, so request the unit's floor plan and plot plan to confirm the exact configuration.

Payment Plan and Handover

No payment plan, amount paid to date or balance due was included in the brief. For an off-plan resale, the buyer typically needs to account for the amount already paid by the seller, any outstanding developer instalments and transfer costs. Confirm every figure with the SPA, the DAMAC statement of account and the developer's NOC requirements.

Location and Connectivity

DAMAC Lagoons sits in the Dubailand side of the city, opposite the established DAMAC Hills community, with road links towards Hessa Street and Sheikh Zayed Bin Hamdan Al Nahyan Street. DPF has not stated drive times or distances because they were not verified for this listing.

Verification Notes

• Agent-supplied facts: project, property type, bedrooms, built-up area, original price and asking price.
• DPF-calculated figures: saving amount, saving percentage and price per sq ft.
• External research: general Morocco and DAMAC Lagoons project facts from developer marketing and portal project pages, not unit-specific records.
• Not supplied: bathrooms, plot size, view, parking, payment status and unit handover date.