4 Bedroom Townhouse in Malta 1, DAMAC Lagoons – Near Handover

Property Overview

This is a four-bedroom back-to-back townhouse in Malta 1, DAMAC Lagoons, Dubai, offered at AED 2,600,000 with a built-up area of 2,300 sq ft on a 1,550 sq ft plot, or approximately AED 1,130 per sq ft of built-up area. The listing agent describes it as a hot deal with a closed kitchen and states that handover is coming soon.

Property Highlights

• Project: Malta 1 cluster, DAMAC Lagoons, by DAMAC Properties
• Property type: 4-bedroom townhouse, back-to-back (B2B) layout
• Built-up area: 2,300 sq ft
• Plot size: 1,550 sq ft
• Asking price: AED 2,600,000
• Calculated rate: approximately AED 1,130 per sq ft of built-up area
• Kitchen: closed kitchen (agent-stated)
• Handover: described by the agent as soon; no date supplied

Why This Listing Is Classified as Off-Plan Distress

The agent presents this as a hot deal on an off-plan townhouse nearing handover. No original purchase price, DLD transaction or dated market comparison was supplied, so DPF has not calculated a discount. The listing is classified as an off-plan distress resale on the basis of the agent's description.

The figure DPF can confirm is the asking rate of about AED 1,130 per sq ft of built-up area. Buyers should request the seller's SPA, including the original purchase price and amount paid, and compare recent registered transactions for four-bedroom Malta townhouses before making an offer.

About the Project, Developer and Community

Malta is a Mediterranean-themed cluster within DAMAC Lagoons, a waterfront townhouse and villa community by DAMAC Properties in the Dubailand area. The Malta clusters offer four- and five-bedroom townhouses alongside larger villas.

DAMAC Lagoons is planned around a series of lagoons, with community features described in project materials including lagoon beaches, waterside cafés and retail, family recreation areas and themed leisure attractions. Buyers should confirm the delivered amenities with DAMAC.

Layout

The agent describes a back-to-back townhouse, meaning the unit shares its rear wall with a neighbouring home, with four bedrooms and a closed kitchen. Bathroom count, parking and floor plan were not supplied and should be confirmed from the SPA and developer drawings.

Payment Plan and Handover

The agent states the townhouse is handing over soon but did not give a date. The amount paid, outstanding balance and any handover payment were not supplied. Buyers should obtain DAMAC's statement of account and current handover notice before making an offer, and confirm whether the unit has already been completed.

Location and Connectivity

DAMAC Lagoons sits in the Dubailand district with road access towards Sheikh Mohammed Bin Zayed Road. Specific travel times and distances have not been verified for this listing.

Verification Notes

• Agent-supplied facts: cluster, bedrooms, built-up area, plot size, asking price, back-to-back layout, closed kitchen, hot-deal description and near-term handover.
• DPF-calculated figure: approximately AED 1,130 per sq ft of built-up area.
• External research: developer, cluster theme and community features checked against public listings.
• Not supplied: bathrooms, parking, unit number, original purchase price, amount paid, outstanding balance and exact handover date.