Property Overview
A 5-bedroom plus maid townhouse in Marbella cluster, Damac Lagoons by DAMAC Properties at AED 3,250,000 for 3,470 sqft BUA (plot 2,364 sqft), equalling AED 937 per sqft. Urgent cash sale. Price reduced from AED 3,280,000. G+2 back-to-back middle unit. Agent claims 85% built with handover 30 December 2026. 80% paid, 20% remaining.
Property Highlights
- Type: 5BR plus maid townhouse (G+2)
- BUA: 3,470 sqft
- Plot: 2,364 sqft
- Asking price: AED 3,250,000 (cash sale)
- Rate: AED 937 per sqft (on BUA)
- Configuration: Back-to-back (B2B) middle unit
- Payment: 80% paid, 20% remaining (approximately AED 650,000)
- Completion: 85% built (agent claim, unverified)
- Handover: 30 December 2026 (agent claim, unverified)
Pricing Context
No original purchase price is disclosed. The price was reduced from AED 3,280,000 to AED 3,250,000 (a 0.9% reduction). The agent describes this as an urgent cash sale.
Launch Price Context
Bayut lists the original launch price for 5BR Marbella townhouses at approximately AED 2,700,000. At AED 3,250,000, the current asking price is approximately 20% above the base launch level. This suggests the unit has appreciated from launch and is not being sold at a loss versus the original developer price. The urgency appears to be cash-flow driven rather than a below-cost distress exit.
Community Pricing (Q1 2026)
The Metropolitan resale report for Damac Lagoons Q1 2026 shows 73 five-bedroom townhouse transactions at an average of AED 4,030,000 and approximately AED 1,210 per sqft. At AED 937 per sqft, this listing is 23% below the community average rate. However, the community average includes all clusters (some more premium) and all configurations (corner and end units command higher prices).
Active 5BR Listings in Marbella
- AED 2,890,000 (Property Finder, unverified details)
- AED 3,050,000 (Property Finder)
- AED 3,100,000 (Property Finder)
- AED 3,195,000 (Property Finder)
- AED 3,500,000 for corner unit (fam Properties)
- AED 3,800,000 (Dubizzle, single-row)
At AED 3,250,000, this listing is mid-range within the Marbella active asking range. Lower-priced listings exist at AED 2,890,000 to AED 3,100,000. The B2B middle configuration is the least premium, which makes mid-range pricing appropriate.
B2B Middle Unit
This is a back-to-back middle unit townhouse. The rear wall is shared with the unit behind it, and side walls are shared with adjacent units. Windows and natural light are limited to the front facade. This is the least premium townhouse configuration in Damac Lagoons. Corner units and end units with garden exposure command 10% to 20% premiums. Buyers should expect lower resale liquidity and potential challenges with natural light and ventilation compared to end or corner units.
Construction and Handover
The agent states 85% built with handover on 30 December 2026. These claims are unverified. Multiple portal handover dates for Marbella have passed (Q4 2024, Q4 2025, Q2 2026), all without confirmed handovers, indicating DAMAC has experienced delays in this cluster. Property Finder still marks listings as Under Construction. DAMAC Lagoons has a documented history of construction delays across the broader community, with reports of 6 to 18 months beyond original timelines. Buyers should request the latest RERA construction progress certificate or DAMAC statement of account to verify the 85% claim and expected handover date.
Payment Plan
The agent states 80/20, meaning 80% of the purchase price has been paid and 20% remains (approximately AED 650,000) due on completion. A buyer assuming this contract needs to cover the remaining 20% at handover plus any DAMAC assignment or transfer fees (typically 2% to 5% of the sale price). Verify the exact breakdown with DAMAC's statement of account.
About Marbella Cluster
One of 8 themed clusters within Damac Lagoons by DAMAC Properties. Marbella offers 4BR and 5BR townhouses in middle and corner configurations. G+2 layout (ground plus 2 upper floors). The cluster features lagoon access, community pool, landscaped parks and walking trails. Damac Lagoons is a master-planned community off Hessa Street in the Dubailand area.
About Damac Lagoons
A large-scale master-planned community by DAMAC Properties in the Dubailand area. Themed clusters include Marbella, Venice, Nice, Malta, Santorini, Mykonos, Portofino and Costa Brava. Amenities (planned and partially delivered) include lagoons, water parks, outdoor spas, clubhouses, retail villages and recreational facilities. The location is peripheral, approximately 35 to 50 minutes from central Dubai with no metro access. Thousands of townhouse units are being delivered in phases across 2025 to 2028.
Verification Notes
The asking price, BUA, plot size, B2B configuration, 80/20 payment status, 85% completion, price reduction from AED 3,280,000 and 30 December 2026 handover are from the agent brief. The 3,470 sqft BUA and 2,364 sqft plot are confirmed by portal listings for 5BR+maid Marbella units. The 85% built claim and December 2026 handover are unverified and conflict with portal data showing multiple missed handover dates. No OP is disclosed; the base launch price of AED 2,700,000 suggests the unit has appreciated above launch. Active listings for the same cluster range from AED 2,890,000 to AED 3,800,000, placing this mid-range. The B2B middle configuration is the least premium. Buyers should verify construction progress, payment status and DAMAC transfer fees directly.
