Off-Plan 5-Bedroom Corner Townhouse in Morocco 2, DAMAC Lagoons, 4% Below Original Price

Property Overview

This off-plan 5-bedroom corner townhouse in the Morocco 2 cluster of DAMAC Lagoons measures 2,363 sqft and is offered at AED 3,860,000, about AED 1,634 per square foot. The agent states an original purchase price of AED 4,030,000, placing the asking price AED 170,000, or 4.2%, below the original price. Handover is expected in Q4 2026.

Property Highlights

• Property type: Townhouse
• Bedrooms: 5
• Size: 2,363 sqft
• Position: Corner unit
• Asking price: AED 3,860,000
• Original purchase price (agent-stated): AED 4,030,000
• Discount: AED 170,000 (4.2% below original price)
• Price per sqft: approximately AED 1,634
• Handover: Q4 2026 (agent-stated)

Why the Price Qualifies as Below Original Price

The comparison uses the original purchase price supplied in the agent's resale brief (Deal #294), received on 29 September 2026. The asking price of AED 3,860,000 is AED 170,000 lower than the stated original price of AED 4,030,000, a reduction of 4.2%.

The benchmark is the seller's original purchase price, not a DLD transaction or a market valuation. DPF has not yet reviewed the SPA, so buyers should confirm the original price and the amount already paid before committing.

About the Cluster and Community

Morocco is a cluster within DAMAC Properties' DAMAC Lagoons community, styled with Moroccan-inspired architecture and decor. It offers 4- and 5-bedroom townhouses alongside larger villas, set around the community's lagoon and waterside amenities.

Community amenities

• Lagoons and waterside areas
• Swimming pools
• Gym
• Kids' play areas and green spaces
• Dining and retail outlets

Buyers should confirm final amenities and service charges with DAMAC.

Layout and Position

The townhouse offers five bedrooms across 2,363 sqft and occupies a corner position. The bathroom count, parking and plot size were not supplied; a floor plan and site plan have been requested.

Payment Plan and Handover

The agent states handover is expected in Q4 2026, about three months away. The payment plan and amount already paid to DAMAC were not supplied. Buyers should confirm any instalments due before or at handover and DAMAC's transfer requirements against the SPA.

Location and Connectivity

DAMAC Lagoons is located in the Al Hebiah area of Dubailand, near Dubai Autodrome and the Dubai Polo & Equestrian Club. Journey times depend on traffic and the route taken.

Verification Notes

• Agent-supplied facts: cluster, community, property type, bedrooms, size, corner position, handover date, original price and asking price.
• DPF-calculated figures: savings amount, savings percentage and price per square foot.
• External project research: cluster theme, unit mix, amenities and location from secondary project listings.
• Not yet verified: SPA, payment status, plot size and what 'covered' refers to.