Monte Carlo 5-Bedroom Townhouse at DAMAC Lagoons, 75% Paid

Property Overview

This five-bedroom townhouse at Monte Carlo, DAMAC Lagoons, is offered as an off-plan resale at AED 3,250,000 for a 3,482 sq ft built-up area on a 2,364 sq ft plot. The agent states 75% has been paid with a clear statement of account, handover is expected in Q1 2027, and the sale is for cash buyers. No original purchase price was supplied, so no discount is stated.

Property Highlights

• Property type: 5-bedroom townhouse (off-plan resale)
• Cluster: Monte Carlo, DAMAC Lagoons
• Built-up area: 3,482 sq ft
• Plot size: 2,364 sq ft
• Vastu-compliant (agent-stated)
• Payment status: 75% paid, clear statement of account (agent-stated)
• Handover: Q1 2027 (agent-stated)
• Buyer type: Cash buyers (agent-stated)
• Asking price: AED 3,250,000
• Price per sq ft of built-up area: approximately AED 933

Why This Listing Is Classified as Off-Plan Distress

The agent describes this as a hot deal, but the brief does not include the seller's original purchase price, a dated DLD transaction or supplied market evidence, so the size of any discount cannot be calculated. DPF lists it as an off-plan distress resale on the basis of the seller's pre-completion exit. Dividing the asking price by the 3,482 sq ft built-up area gives approximately AED 933 per sq ft.

Buyers should request the original SPA price and compare recent DLD transactions for similar Monte Carlo townhouses before treating the unit as discounted.

About the Project, Developer and Community

Monte Carlo is a townhouse cluster within DAMAC Lagoons, a lagoon-themed master community by DAMAC Properties in Dubai. Cluster amenities and the exact unit type were not supplied with this brief and should be confirmed with the developer.

Layout and Size

The agent describes this unit as a five-bedroom townhouse with a 3,482 sq ft built-up area on a 2,364 sq ft plot, and as Vastu-compliant. As is typical for multi-storey townhouses, the built-up area is larger than the plot. Bathroom count, maid's room, row position and parking were not supplied and should be confirmed from the SPA and plot plan.

Payment, Cash Requirement and Handover

The agent states that 75% of the price has been paid, the statement of account is clear of overdue amounts, and handover is expected in Q1 2027. The agent also indicates the sale is for cash buyers. It was not stated whether the 75% is calculated on the original price, so buyers should confirm from DAMAC's statement of account exactly how much has been paid, what remains due at handover, and the total cash needed including the seller's reimbursement, DLD fees and any DAMAC transfer or NOC charges.

Location and Connectivity

DAMAC Lagoons is a DAMAC master community in Dubai. Specific travel times to nearby destinations have not been verified for this listing.

Verification Notes

• Unit facts (type, cluster, built-up area, plot, Vastu, payment status, handover, cash requirement and asking price) come from the agent brief received on 13 October 2026.
• The price per sq ft is a DPF calculation based on those supplied figures.
• No original price, DLD transaction or market benchmark was supplied, so no discount is stated.
• No photographs or documents were supplied with this brief.