Property Overview
This 5-bedroom villa in Morocco, DAMAC Lagoons is available at AED 3,100,000 as a cash-only distress sale. The stated original purchase price is AED 3,440,000. The asking price is AED 340,000 (9.9%) below the original price. The property is 3,046 sqft BUA on a 1,568 sqft plot (AED 1,018 per sqft). It is a middle unit close to the lagoon. Off-plan by DAMAC Properties with handover in Q4 2026.
Property Highlights
- Type: 5-bedroom villa, middle unit, G+2 layout
- Size: 3,046 sqft BUA on a 1,568 sqft plot
- Original price: AED 3,440,000
- Asking price: AED 3,100,000 (AED 1,018 per sqft)
- Saving: AED 340,000 (9.9%)
- Bathrooms: 5
- Parking: 1 covered
- Position: middle unit, close to lagoon
- Status: off-plan, handover Q4 2026
- Payment: cash only
- Developer: DAMAC Properties
Why the Price Qualifies as Below OP
The asking price of AED 3,100,000 is below the stated original purchase price of AED 3,440,000. The saving is AED 340,000, which is 9.9% of the original price. The agent describes this as a cash-only distress sale, indicating the seller needs to exit the investment quickly and is willing to accept a significant loss.
DLD Transaction Comparison
DLD transactions for 5-bedroom units in Morocco DAMAC Lagoons from Property Finder:
- 15 July 2026: AED 3,342,400
- 26 March 2024: AED 3,915,100
- 20 March 2024: AED 4,178,000
- 23 February 2024: AED 3,995,000
- 25 October 2023: AED 3,900,000
The 2023 to 2024 transactions at AED 3,900,000 to AED 4,178,000 appear to be primary developer registrations. The most recent transaction on 15 July 2026 at AED 3,342,400 is likely a resale, and the asking price of AED 3,100,000 is AED 242,400 below it. This supports the distress classification: the asking price falls below both the agent's stated OP and the most recent DLD transaction.
The agent's stated OP of AED 3,440,000 is above the developer starting price of AED 3,150,000 for 5-bedroom townhouses (per Metropolitan Real Estate) and is plausible as a purchase price during the sales phase.
Active Listing Comparison
An active Property Finder listing for a 5-bedroom corner unit in Morocco (larger layout at 3,468 sqft on a 2,364 sqft plot) is priced at AED 4,499,900 (AED 1,903 per sqft). The agent's unit at AED 3,100,000 (AED 1,018 per sqft) is a middle unit with a smaller plot (1,568 sqft), which partially explains the lower price, but the 9.9% discount below OP and the cash-only requirement point to urgency rather than a standard middle-unit discount.
About the Property
The property is a 5-bedroom villa in a G+2 (ground plus two floors) configuration within the Morocco cluster of DAMAC Lagoons. The agent describes it as a middle unit, meaning it is positioned between two adjacent units in a row (mid-terrace). It is close to the community lagoon.
Based on comparable listings for 5-bedroom units in Morocco DAMAC Lagoons, the unit likely includes 5 bathrooms, a covered parking space, a private garden, terraces, a balcony, open-plan living and dining areas, a fitted kitchen, built-in wardrobes, central air conditioning, laundry room and storage room. The interior design is Moroccan-inspired, featuring Zellij mosaic tilework, vivid colours and ornate carved wood elements, consistent with the broader Morocco cluster design language.
The built-up area of 3,046 sqft falls within the 5-bedroom range of 3,047 to 3,468 sqft listed on Property Finder for Morocco. The plot size of 1,568 sqft is smaller than the 2,364 sqft plot associated with 5-bedroom corner units, consistent with a middle-unit position that has less wraparound space.
About DAMAC Lagoons
DAMAC Lagoons is a master-planned community by DAMAC Properties in Dubailand, Dubai. The community comprises multiple themed clusters named after global destinations, with Morocco being described as the final cluster. The centrepiece of the community is its crystalline lagoons.
Community amenities:
- Crystalline lagoons and beach-style water features
- Swimming pools
- Gymnasium and fitness facilities
- Yoga areas
- Mini-golf course
- Children's playgrounds
- Art rooms
- Library
- Observatory
- Landscaped gardens and green corridors
- BBQ and picnic areas
- 24-hour security and concierge services
Location and Connectivity
The Morocco cluster is within DAMAC Lagoons in Dubailand, Dubai.
- Schools, medical facilities and retail: approximately 15 minutes
- Dubai Sports City: approximately 15 minutes
- Dubai Investment Park: approximately 18 minutes
- Al Maktoum International Airport: approximately 25 minutes
- Downtown Dubai: approximately 30 minutes
DAMAC Lagoons offers freehold ownership for foreign buyers.
Verification Notes
Unit-specific facts including 5-bedroom configuration, 3,046 sqft BUA, 1,568 sqft plot, AED 3,100,000 asking price, AED 3,440,000 original price, middle unit position, close to lagoon and cash-only requirement are sourced from the agent's brief received on 5 October 2026. The Below OP classification is based on the stated OP exceeding the asking price by AED 340,000 (9.9%). The stated OP of AED 3,440,000 exceeds the developer starting price of AED 3,150,000, supporting its plausibility. The most recent DLD transaction for a 5-bedroom in Morocco (AED 3,342,400 on 15 July 2026) is also above the asking price, providing additional support. The 5-bathroom count is from a comparable Property Finder listing, not confirmed by the agent. The 1-parking allocation is estimated from standard DAMAC Lagoons specifications. The handover of Q4 2026 is from Property Finder and Metropolitan Real Estate; the agent did not state a handover date. Construction progress was reported at 46% as of a late 2024 listing, and current progress has not been independently confirmed.