4BR Single-Row Townhouse in DAMAC Lagoons Nice, AED 200K Below OP

Property Overview

This four-bedroom single-row townhouse in the Nice cluster of DAMAC Lagoons is listed at AED 2,800,000. That is AED 200,000 (6.7%) below its original purchase price of AED 3,000,000. The townhouse has 1,550 sq ft of built-up area, which works out to about AED 1,806 per sq ft.

Property Highlights

• Asking price: AED 2,800,000
• Original purchase price: AED 3,000,000 (agent-stated)
• Below OP: AED 200,000 (6.7%)
• Bedrooms: 4
• Built-up area: 1,550 sq ft
• Price per sq ft: AED 1,806 (versus AED 1,935 at OP)
• Position: Single row
• Cluster: Nice, DAMAC Lagoons

Why the Price Qualifies as Below OP

The agent states an original purchase price of AED 3,000,000. The asking price of AED 2,800,000 is AED 200,000 lower, a 6.7% discount. This figure comes from the agent's brief. Buyers should confirm it against the DAMAC SPA or Oqood. The agent also describes the deal as below market. DPF has not received market evidence for that claim, so the page relies only on the OP comparison.

About Nice and DAMAC Lagoons

DAMAC Lagoons is a DAMAC Properties master community off Sheikh Mohammed Bin Zayed Road. Its clusters are each themed on a Mediterranean destination and arranged around crystal lagoons and beaches. Nice is one of these townhouse clusters.

Layout and Position

The agent supplied the four-bedroom layout, the 1,550 sq ft built-up area and the single-row position. A single-row townhouse usually backs onto open space or a road rather than another row of homes. Confirm what the unit backs onto, along with the plot size, bathrooms and parking, from the site plan.

Payment Plan and Handover

Public listings in September 2026 described the Nice cluster as close to completion. Confirm the current handover status, the amount the seller has paid, and any balance still due to DAMAC through the statement of account. Also check DAMAC's resale NOC conditions.

Verification Notes

• Agent-supplied facts: cluster, community, 4-bedroom townhouse, 1,550 sq ft, single row, original purchase price and asking price.
• DPF-calculated figures: discount amount and percentage, and price per sq ft at the asking price and at OP.
• External context: DAMAC Lagoons community layout and the cluster's near-completion status come from public sources.
• Not supplied: plot size, bathrooms, unit number, handover date, amount paid and market evidence.