5-Bedroom End-Corner Home in DAMAC Lagoons Morocco, 18.6% Below OP

Property Overview

This 5-bedroom end-corner home in Morocco, DAMAC Lagoons, is offered at AED 3,500,000 to cash buyers. The agent states a built-up area of 3,400 sq ft on a 2,409 sq ft plot. Against an agent-stated original purchase price of AED 4,300,000, the asking price is AED 800,000 or 18.6% below OP, at about AED 1,029 per sq ft.

Property Highlights

• Asking price: AED 3,500,000 (cash buyers only, per agent)
• Original purchase price: AED 4,300,000
• Below OP by: AED 800,000 (18.6%)
• Bedrooms: 5
• Built-up area: 3,400 sq ft
• Plot size: 2,409 sq ft
• Asking rate: about AED 1,029 per sq ft (OP rate about AED 1,265)
• Position: end-corner unit (agent-stated)
• Developer: DAMAC Properties

Why the Price Qualifies as Below OP

The agent supplied an original purchase price of AED 4,300,000 and a selling price of AED 3,500,000. The difference is AED 800,000, which is 18.6% of the OP.

The agent states the sale is for cash buyers only, so the purchase cannot be mortgaged. The amount already paid to DAMAC and any remaining balance were not supplied; confirm the payment position against the SPA and DAMAC's statement of account.

About Morocco at DAMAC Lagoons

Morocco is a Moroccan-themed cluster within DAMAC Lagoons, DAMAC Properties' resort-style community built around crystal lagoons and sandy beach areas in Dubailand.

Layout, Plot and Position

The agent describes a five-bedroom end-corner unit with 3,400 sq ft of built-up area on a 2,409 sq ft plot. End-corner units usually have extra side space and more natural light than middle units. Bathroom count, parking and level layout were not supplied; request the floor plans and plot plan.

Handover

The agent did not supply a handover date. Published listings for the Morocco cluster show Q4 2026; confirm the status of this unit in the SPA.

Location and Connectivity

DAMAC Lagoons is in Dubailand, close to Sheikh Mohammed Bin Zayed Road. Exact travel times were not supplied.

Verification Notes

• Agent-supplied: price, OP, built-up area, plot size, bedrooms, end-corner position and cash-only terms.
• Calculated by DPF: discount amount, discount percentage and rates per sq ft.
• External research: cluster context and published handover timing.
• Not supplied: bathrooms, parking, handover date for this unit, amount paid and remaining balance.