5-Bedroom Corner Villa Next to Lagoon in Nice 1, DAMAC Lagoons — Below Market

Property Overview

This 5-bedroom semi-detached G+2 corner villa in Nice 1, DAMAC Lagoons is listed at AED 3,550,000 on a 2,364 sqft plot, positioned right next to the lagoon. The project is 94% complete. Comparable corner 5BR villas in Nice with lagoon proximity and the same plot size are listed at AED 3,900,000 to AED 4,200,000, placing this unit below the market for premium-positioned units. A 1% monthly payment plan is available and the unit is vastu compliant.

Property Highlights

• Type: 5-bedroom semi-detached corner villa
• Configuration: G+2 (3 levels)
• Plot size: 2,364 sq ft
• Position: right next to lagoon, corner
• Asking price: AED 3,550,000
• Rate: approximately AED 1,502 per sqft (plot area)
• Market benchmark: AED 3,900,000 for comparable corner 5BR in Nice (McCone)
• Savings vs benchmark: AED 350,000 (9.0%)
• Construction: 94% complete
• Payment: 1% monthly plan available
• Vastu compliant

Why This Price Qualifies as Below Market

As of 17 September 2026, 5-bedroom corner villas in Nice with the same 2,364 sqft plot size are listed at a range of prices depending on position and proximity to amenities.

For premium-positioned units comparable to this villa (lagoon-adjacent, near amenities), two listings stand out. A McCone Properties listing for a corner 5BR in Nice at 2,364 sqft is priced at AED 3,900,000 and described as exclusive with a motivated seller. A second listing for a corner 5BR of 2,364 sqft described as opposite the central hub and close to the lagoon is priced at AED 4,200,000. At AED 3,550,000, this unit is AED 350,000 below the McCone comparable (9.0%) and AED 650,000 below the lagoon-adjacent listing (15.5%).

For transparency, there are also two 5BR corner listings in Nice at AED 3,500,000 for the same plot size by fam Properties and Nine Star, which do not describe lagoon proximity. This unit at AED 3,550,000 is AED 50,000 above those listings. The below-market positioning is therefore specific to premium lagoon-adjacent comparables, not the absolute lowest listings in Nice.

The DLD average transaction price for 5-bedroom villas across DAMAC Lagoons is AED 3,886,193 (Bayut), which is above this asking price. These are active listing and DLD average comparisons; conditions may change. Buyers should view multiple units, compare positions and verify lagoon proximity before committing.

About DAMAC Lagoons Nice Cluster

Nice is one of the themed clusters within DAMAC Lagoons, a 45-million sqft master-planned community by DAMAC Properties in Dubailand. Inspired by the French Riviera, the Nice cluster offers 4 and 5-bedroom townhouses and villas in semi-detached and standalone configurations. Properties range from 1,550 to 3,262 sqft and feature G+2 layouts with private gardens, balconies, covered parking and access to the community lagoon system.

Community Amenities

DAMAC Lagoons features crystal lagoons with sandy beaches, a water park with slides and wave pools, floating cinema, kayaking zones, community swimming pools, a fully equipped gymnasium, sports courts, jogging and cycling tracks, children's play areas, parks, a retail and dining promenade, waterside clubhouse and landscaped gardens. The community is gated with 24-hour security.

Location and Connectivity

DAMAC Lagoons is situated in Dubailand, between the Al Ain-Dubai Highway and Jebel Ali-Lehbab Road. Jebel Ali School is approximately 5 minutes away, Dubai Polo and Equestrian Club approximately 10 minutes, Dubai Autodrome approximately 12 minutes, Miracle Garden approximately 13 minutes, Global Village approximately 14 minutes, and Dubai Marina approximately 30 minutes by car.

Verification Notes

The asking price of AED 3,550,000, 5 bedrooms, semi-detached G+2 corner unit, plot size of 2,364 sqft, lagoon proximity, vastu compliance, 94% construction completion, and 1% monthly payment plan are all sourced from the agent brief dated 17 September 2026. The rate of AED 1,502 per sqft is calculated from the plot area as BUA was not provided in the brief.

The below-market comparison uses active listing data from Property Finder and Bayut accessed 17 September 2026. The primary benchmark is the McCone Properties listing at AED 3,900,000 for a corner 5BR in Nice with the same 2,364 sqft plot. The content discloses that cheaper non-premium listings exist at AED 3,500,000 for the same configuration. DLD average transaction data is from Bayut.

Bathroom count and BUA were not specified in the agent brief and have been omitted. The handover date is estimated at Q1 2027 based on the 94% completion status; the agent should confirm. This listing is classified as a draft. No images have been supplied; actual photography is required before publication.