4-Bedroom Back-to-Back Townhouse in Morocco, DAMAC Lagoons — AED 2.6M, 13.3% Below Original Price

Property Overview

This 4-bedroom back-to-back townhouse in the Morocco cluster of DAMAC Lagoons, Dubai, is offered at AED 2,600,000. That is AED 400,000, or 13.3%, below the agent-stated original purchase price of AED 3,000,000. The listing agent describes it as a strong deal aimed at serious buyers.

Property Highlights

• Asking price: AED 2,600,000
• Original purchase price: AED 3,000,000 (agent-stated)
• Discount: AED 400,000, or 13.3% (DPF calculation)
• Property type: Townhouse, back-to-back layout
• Bedrooms: 4
• Cluster: Morocco, DAMAC Lagoons
• Developer: DAMAC

Why the Price Qualifies as Below OP

The agent's brief gives an original purchase price of AED 3,000,000 and an asking price of AED 2,600,000. The difference is AED 400,000, matching the agent's stated figure. Dividing that by the original price gives a discount of 13.3%.

The benchmark is the seller's own purchase price as stated by the agent on 1 October 2026. It is not a DLD transaction or an independent valuation, so buyers should confirm the original price against the SPA. The agent's description of this as the best deal is the agent's own view and has not been verified by DPF.

About the Morocco Cluster at DAMAC Lagoons

Morocco is one of the Mediterranean and world-inspired clusters at DAMAC Lagoons, DAMAC Properties' lagoon-themed villa and townhouse community in Dubai. Published project information describes 471 homes, made up of 4 and 5-bedroom townhouses and 6 and 7-bedroom villas, with interiors drawing on Moroccan design such as mosaic tilework and carved wood.

Units in the cluster are described as including covered carports, terraces, balconies and laundry or storage rooms. Published community amenities include yoga areas, gardens, children's playgrounds, art rooms, a library, mini golf and an observatory.

Layout and Size

The agent confirms four bedrooms and a back-to-back layout, meaning the townhouse shares its rear wall with a neighbouring unit. The built-up area, plot size, bathroom count, parking and unit number were not supplied, so no price per square foot has been calculated. Request the floor plan and the area stated in the SPA before making an offer.

Payment Plan and Handover

The brief does not state whether this unit is completed or still under construction, how much has been paid, or its handover date. Published project information gives Q2 2023 as the cluster's launch and Q4 2026 as its expected handover. Buyers should obtain a DAMAC statement of account or title deed and confirm the handover position in writing.

Buying Costs

Dubai Land Department fees are normally 4% of the purchase price, about AED 104,000 at the asking price, plus developer transfer, registration and agency fees. Who pays each cost should be agreed in writing before signing.

Verification Notes

• Agent-supplied facts: cluster, community, property type, back-to-back layout, bedrooms, original price and asking price.
• DPF calculations: discount amount and percentage, and the indicative 4% DLD fee.
• External research: cluster design, unit mix, amenities, launch and expected handover from published project information.
• Not supplied: unit size, plot size, completion status, amount paid and unit number. These should be confirmed against the SPA or title deed.