- 4 Bedroom Townhouse — Back-to-Back — Ready, DAMAC Properties, DAMAC Lagoons, Dubai, UAE — 80% paid by seller — only 20% (AED 580,000) remaining.
- 2,229 sqft BUA (207.07 sqm) | 2 Covered Parking | Semi-Furnished | Community and Lagoon View | Ground + 2 Storeys
- Asking Price: AED 2,550,000 — AED 350,000 (12.1%) below original price of AED 2,900,000; AED 500,000 below current market value of AED 3,050,000
- Payment status: 80% paid by seller (AED 2,320,000); buyer assumes remaining 20% (AED 580,000) at Ready — 80% Paid
- Handover: Ready — 80% Paid | DAMAC Lagoons Costa Brava — Spanish-themed lagoon village, one of the most advanced construction phases in the 45M sqft master-plan
What is this Costa Brava at DAMAC Lagoons 4BR deal in DAMAC Lagoons?
This is a verified motivated-seller distress listing at Costa Brava at DAMAC Lagoons by DAMAC Properties in DAMAC Lagoons. The seller is exiting at AED 350,000 (12.1%) below the original purchase price of AED 2,900,000, handing the incoming buyer AED 500,000 in immediate paper equity versus the current secondary market value of AED 3,050,000. At AED 1,144/sqft, this 2,229 sqft 4BR enters the DAMAC Lagoons market at a price that is AED 224/sqft below the current DAMAC Lagoons resale comparable of AED 1,368/sqft — a built-in discount of 16.4% from the moment of signing. DAMAC Lagoons recorded 5,800 DLD-registered residential transactions in 2025, up 42% year-on-year, confirming the depth of buyer liquidity that supports any future disposal.
The unit is positioned on Ground + 2 Storeys at Costa Brava at DAMAC Lagoons, delivering Community and Lagoon View. Semi-Furnished specification means the buyer benefits from the flexibility to finish the unit to their own specification while capitalising on the seller discount. Handover is scheduled for Ready — 80% Paid, with 80% of the original purchase price already paid by the seller. The buyer assumes only the remaining 20% (AED 580,000) at Ready — 80% Paid handover — providing cashflow planning runway of 36 or more months between transfer and final payment.
The seller's exit is driven by a genuine personal liquidity need — not a change in market outlook, developer delivery risk or asset-specific concern. Having committed AED 2,320,000 (80% of the original price) in capital, the seller is crystallising a loss of AED 350,000 rather than holding through the remaining construction period to the Ready — 80% Paid handover. For the buyer, this is an entry at AED 1,144/sqft against a DAMAC Lagoons resale market of AED 1,368/sqft and new off-plan launches pricing at AED 1,450/sqft — a simultaneous discount to both current resale and future replacement cost that cannot be achieved through any direct developer channel in DAMAC Lagoons today.
Costa Brava at DAMAC Lagoons DAMAC Lagoons — Property Specifications
- Project: Costa Brava at DAMAC Lagoons
- Developer: DAMAC Properties
- Community: DAMAC Lagoons, Dubai
- Unit Type: 4 Bedroom Townhouse — Back-to-Back — Ready
- BUA: 2,229 sqft (207.07 sqm)
- Bathrooms: 3
- Parking: 2 Covered Spaces
- Floor: Ground + 2 Storeys
- View: Community and Lagoon View
- Furnishing: Semi-Furnished
- Handover: Ready — 80% Paid
- Ownership Type: Freehold — Open to All Nationalities
- Listing Reference: COSTA-BRAVA-DL-4BR-TH-READY-DISTRESS-001
Payment Plan Breakdown — What the Buyer Takes Over
- 80% Already Paid by Seller: AED 2,320,000 — seller has paid 80% of the original purchase price of AED 2,900,000 to DAMAC Properties across multiple installments
- Buyer Transfer Payment to Seller (at MOU): AED 1,970,000 — buyer pays seller the agreed price minus the outstanding handover installment at MOU execution
- DLD Registration Fee (4% of Selling Price): AED 102,000 — mandatory property transfer fee paid by buyer directly to DLD at novation registration
- Developer NOC and Transfer Fee (DAMAC Properties): approx. AED 5,000–6,500 — standard developer No Objection Certificate and administrative fee
- 20% Final Installment — On Handover (Ready — 80% Paid): AED 580,000 — final payment due directly to DAMAC Properties at unit handover, assumed by buyer on novation
- TOTAL ALL-IN BUYER COST: AED 2,657,500 (purchase price AED 2,550,000 + DLD AED 102,000 + NOC approx.). Zero agent fee for buyer.
The transfer process works via a DAMAC Properties-approved novation: the seller is legally replaced on the original SPA by the new buyer with the developer's written consent. The seller first obtains a No Objection Certificate from DAMAC Properties confirming no arrears or disputes; both parties execute an MOU with a 10% escrow deposit of AED 255,000; DAMAC Properties, the seller and the buyer sign the novation SPA; the buyer registers at the Dubai Land Department and pays the 4% DLD fee of AED 102,000 directly. The buyer then assumes the final 20% installment of AED 580,000 due at Ready — 80% Paid handover. DistressPropertyFinder.com coordinates the full process — from initial documentation review and NOC procurement through to DLD title registration.
Pricing Analysis — Why This is a Deal in 2026
- Original Purchase Price (OP): AED 2,900,000
- DLD Registration Fee (4%): AED 102,000
- Total Original Cost (OP + DLD): AED 3,002,000
- Seller's Asking Price: AED 2,550,000
- Seller's Loss vs OP: AED 350,000 (12.1%) — genuine cash loss, not a paper adjustment
- Current DAMAC Lagoons Market Value: AED 3,050,000
- Buyer's Day-One Unrealised Equity: AED 500,000 (19.6% of acquisition price)
- This Listing — Price per Sqft: AED 1,144/sqft
- DAMAC Lagoons Current Resale Market — Price per Sqft: AED 1,368/sqft (source: DAMAC Lagoons Costa Brava 4BR current market)
- New Off-Plan Launches in DAMAC Lagoons (2025–2026): AED 1,450+/sqft
- Estimated Gross Rental Yield at Asking Price: 5.5%–7.1% p.a.
- Estimated Annual Rent (Mid-Range): AED 158,000/yr
- Estimated Annual Service Charge: AED 27,000/yr
- Total All-In Acquisition Cost (Price + DLD): AED 2,652,000
- Agent Fee for Buyer: Zero
At AED 1,144/sqft, this unit sits AED 224/sqft (16.4%) below the current DAMAC Lagoons secondary market average and AED 306/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today would pay materially more for an equivalent DAMAC Lagoons address with a 2–3 year construction wait and no existing owner discount. At a gross rental yield of 6.2% on the mid-range annual rent estimate of AED 158,000, this unit provides AED 131,000/yr net of service charges on a day-one basis — before any capital appreciation across the Ready — 80% Paid hold period is factored in.
DAMAC Lagoons Location — Why This Community Matters
DAMAC Lagoons is a 45-million sqft themed townhouse master-development in Dubailand, comprising 8 villages each inspired by a Mediterranean destination (Morocco, Marbella, Costa Brava, Ibiza, Venice, Nice, Santorini, Malta). The community features crystal-clear man-made lagoons, lazy rivers, private beaches and outdoor cinemas within each village cluster. DLD transaction volumes grew 42% year-on-year in 2025, reflecting the strongest demand trajectory of any Dubai villa/townhouse community.
DAMAC Lagoons is served by Mohammed bin Zayed Road (E311) — 25 minutes to Dubai Marina, 35 minutes to Downtown. DAMAC Hills 1 and 2 communities are adjacent. The area's proximity to Dubai Expo City and Al Maktoum International Airport (planned expansion 2030) positions it for long-term infrastructure tailwinds.
4BR townhouses in DAMAC Lagoons command AED 140,000-190,000/yr in annual leases, with fully operational villages (Morocco, Costa Brava) demonstrating strong tenant demand from families priced out of DAMAC Hills. Costa Brava's ready inventory provides immediate rental income — a distinct advantage over off-plan competing clusters where rental income requires a 12-24 month wait.
DAMAC Lagoons transactions grew 42% in 2025 — the highest growth rate of any Dubai community by volume. Villa/townhouse markets across Dubai saw 10-20% price appreciation in H1 2025 (Knight Frank data), with DAMAC Lagoons outperforming. New Lagoons phase launches are pricing above AED 1,400/sqft in 2026, confirming that Morocco (selling at cost) and Marbella units at sub-AED 1,200/sqft represent genuine below-replacement value.
DAMAC Lagoons Distances & Connectivity
- DAMAC Hills 1: 5 km — Established Community
- Mall of the Emirates: 18 km — Mega Mall
- Dubai Marina: 20 km — Marina & Lifestyle
- JBR Beach: 22 km — Beach & Leisure
- Dubai International Airport DXB: 35 km — International Airport
- Burj Khalifa: 25 km — Iconic Landmark
- Global Village: 15 km — Entertainment
- Expo City Dubai: 20 km — Innovation Hub
Costa Brava at DAMAC Lagoons — Building & Amenities
- Costa Brava Village Crystal Lagoon and Sandy Beach Pool
- Spanish-Inspired Clubhouse and Entertainment Zone
- Outdoor Cinema — Costa Brava Style
- Fitness Centre and Outdoor Sports Courts
- 24-Hour Security
- 2 Covered Parking Spaces
- Kids Play Area and Water Splash Zone
- BBQ Zone and Outdoor Lounge
- Cycling and Running Tracks
- Community Clubhouse and Social Hub
- Landscaped Mediterranean Gardens
- 80% Completed — Construction Advanced Stage
Who Should Buy This Costa Brava at DAMAC Lagoons 4BR in DAMAC Lagoons?
- The Capital-Efficient Below-Market Investor: You have been tracking DAMAC Lagoons fundamentals and seeking a distress entry below current resale pricing. At AED 1,144/sqft versus market AED 1,368/sqft and new off-plan at AED 1,450/sqft, this unit provides AED 500,000 in day-one unrealised equity — a 19.6% immediate paper return. DAMAC Properties's construction milestone system and RERA-regulated escrow account de-risk the Ready — 80% Paid handover. At a conservative AED 158,000/yr annual rent post-handover, gross yield of 6.2% compares favourably with European prime residential at 2-4%.
- The End-User Buyer or Lifestyle Purchaser: You are currently renting in DAMAC Lagoons or a neighbouring community and want to own rather than lease. Typical 4BR rents in DAMAC Lagoons range from AED 140,000 to AED 180,000/yr — meaning you have already paid the equivalent of this acquisition in 14–18 months of rent. At AED 2,652,000/yr all-in (including DLD, zero agent fee), ownership of a 2,229 sqft Semi-Furnished 4BR with Community and Lagoon View delivers both lifestyle value and equity accumulation that renting cannot replicate. Handover in Ready — 80% Paid aligns with most standard lease renewal cycles, enabling a seamless transition from tenant to owner.
- The Portfolio Diversifier and Institutional Acquirer: You already hold property in a mature Dubai sub-market and are seeking a high-conviction, below-replacement-cost position in DAMAC Lagoons to diversify your income base. DAMAC Properties's brand provides institutional-quality exit liquidity at any future disposal — secondary buyers recognise the developer premium and price accordingly. The AED 500,000 built-in equity provides a meaningful margin of safety against short-term market softening, while the semi-furnished specification allows cost-controlled customisation with the discount providing the capex budget. DAMAC Lagoons's 5,800 annual transactions (2025) confirm strong liquidity depth for a future exit at any timeline.
How to Acquire This Costa Brava at DAMAC Lagoons Unit — Step by Step
- Express Interest (Day 0): Contact DistressPropertyFinder.com quoting listing reference COSTA-BRAVA-DL-4BR-TH-READY-DISTRESS-001. We share full SPA, all payment receipts (AED 2,320,000 confirmed to DAMAC Properties), unit floor plan and title deed extract within 24 hours.
- Documentation Review (Day 1–3): Examine the original SPA with DAMAC Properties, DLD registration certificate, all installment payment receipts, and current building progress report. Independent legal review via a UAE-registered conveyancer is recommended.
- Sign MOU — Form F (Day 3–7): Execute the Memorandum of Understanding with the seller. A 10% deposit of AED 255,000 is held by a DLD-registered trustee in escrow pending NOC.
- Obtain DAMAC Properties NOC (Day 7–17): DistressPropertyFinder.com submits the novation application to DAMAC Properties. NOC is typically issued within 5–10 business days. Developer NOC and transfer fee of approximately AED 5,000–6,500 applies.
- Execute Novation SPA (Day 15–20): DAMAC Properties, the seller and the buyer sign the novation SPA. The buyer is now the registered purchaser on the DAMAC Properties SPA for the remaining 20% at Ready — 80% Paid handover..
- Dubai Land Department Registration (Day 17–22): Both parties attend DLD (or authorise a licensed registered agent). Buyer pays DLD registration fee of AED 102,000 (4% of selling price) directly to DLD. Title deed issued: 1–3 business days.
- Final Payment to Seller (Day 17–22): Buyer pays AED 1,970,000 to the seller at DLD registration. MOU escrow deposit is credited against this amount.
- Monitor Construction and Prepare for Handover (Post-Transfer): Buyer monitors DAMAC Properties construction updates and prepares AED 580,000 (20%) for Ready — 80% Paid handover. DistressPropertyFinder.com manages the full process from MOU to title deed.
Golden Visa eligibility, rental and yield figures, handover timing and transport connectivity described above reflect source information published as at 17 August 2026 and can change. Confirm current status before relying on them.
