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Project · #431 by 12M value

Ibiza

Damac Lagoons · Damac Properties

Median price per sqft · last 3 months

AED 1,012 /sqft

3M like-for-like
down 2.3%
vs 1 year ago
down 1.3%
Sales 30D
8

Market bulletin · Thu, 22 Oct 2026

Ibiza: median AED 1,012/sqft, down 2.3% over three months on 13 sales

Ibiza recorded 8 sales worth AED 24.7M in the 30 days to Thu, 22 Oct 2026, up 166.7% on the previous 30 days. Over the last week 3 sales were registered (AED 10.5M), against 0 the week before.

The median sale over the last three months was AED 3.10M, or AED 1,012/sqft — like-for-like prices per sqft down 2.3% on the previous three months and down 1.3% on a year earlier. Monthly medians over the past year ranged from AED 1,012/sqft to AED 1,155/sqft.

By market over 12 months: developer off-plan sales 10.3%, off-plan resales 89.7%. Off-plan resales traded at a median 14.3% discount to developer prices per sqft.

In Damac Lagoons, Ibiza ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26AED 1,012
Sept 26AED 1,012
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26—
Dec 25AED 1,122
Nov 25AED 1,155
Oct 25AED 1,140
Sept 25AED 1,067
Aug 25AED 1,056
Jul 25AED 1,038
Jun 25AED 1,250
May 25AED 1,347
Apr 25AED 1,328
Mar 25AED 1,030
Feb 25AED 1,328
Jan 25AED 1,259
Dec 24AED 1,056
Nov 24AED 1,019

Off-plan vs resale vs secondary

Monthly median AED/sqft by market (months with 10+ sales)

View data table
Off-plan vs resale vs secondary
DateOff-plan (developer)Off-plan resale
Oct 26——
Sept 26——
Aug 26——
Jul 26——
Jun 26——
May 26——
Apr 26——
Mar 26——
Feb 26——
Jan 26——
Dec 25——
Nov 25—AED 1,111
Oct 25—AED 1,115
Sept 25—AED 1,039
Aug 25——
Jul 25——
Jun 25AED 1,341—
May 25AED 1,355—
Apr 25——
Mar 25——
Feb 25AED 1,328—
Jan 25AED 1,275—
Dec 24——
Nov 24——

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26050
Sept 26050
Aug 26030
Jul 26040
Jun 26130
May 26040
Apr 26030
Mar 26020
Feb 26030
Jan 26030
Dec 25050
Nov 255100

Period comparison

This market against its own past: each window vs the one before it and vs the same window a year earlier.

Period comparison
WindowSalesvs priorValueAED/sqftvs prior
Last 1 month8up 166.7%AED 24.7M1,002—
Last 3 months13unchanged 0.0%AED 37.2M1,012down 1.0%
Last 6 months26down 18.8%AED 74.9M1,021down 10.3%
Last 12 months58down 67.2%AED 168M1,105down 10.9%

Raw medians — the headline change above is like-for-like (same market, type and bedrooms).

Off-plan, resale and secondary (12M)
MarketSalesShareMedian priceAED/sqft1Y
Off-plan (developer)610%AED 2.92M1,283down 3.4%
Off-plan resale5290%AED 2.60M1,100up 8.7%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
4 bedrooms4069%AED 2.56M1,124down 14.5%
5+ bedrooms1831%AED 3.46M1,025up 0.3%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
AED 2M–10M58100%AED 2.65M1,105down 11.0%

Competing projects in Damac Lagoons

Compare

Other projects trading in the same community

Peers
NameSales 12MAED/sqft3M
Venice 1Damac Properties391,362—
PortofinoDamac Properties971,205up 4.6%
Valencia Tower B at Damac LagoonsDamac Properties2501,630down 2.6%
Costa Brava 1Damac Properties651,291up 7.8%
Valencia Tower A at Damac LagoonsDamac Properties2271,599down 3.2%
Santorini 1Damac Properties701,226—
Valencia Tower D at Damac LagoonsDamac Properties1951,636down 4.2%
Malta 1Damac Properties651,161up 8.2%
Costa Brava 2Damac Properties631,213—
Nice 1Damac Properties541,200—

Biggest sales, last 3 months

Biggest sales in Ibiza
PricePropertyDate
AED 4.06M5+ BR Villa · 3,377 sqftIbiza · Damac Lagoons20 Oct
AED 3.35M5+ BR Villa · 3,377 sqftIbiza · Damac Lagoons16 Oct
AED 3.30M5+ BR Villa · 3,377 sqftIbiza · Damac Lagoons8 Oct
AED 3.17M5+ BR Villa · 3,377 sqftIbiza · Damac Lagoons25 Sept
AED 3.15M5+ BR Villa · 3,377 sqftIbiza · Damac Lagoons24 Sept
AED 3.11M4 BR Villa · 2,273 sqftIbiza · Damac Lagoons22 Oct

Questions about Ibiza

What is the average price per sqft in Ibiza?

The median sale price in Ibiza over the last three months was AED 1,012 per sqft (median sale AED 3.10M), based on 13 sales registered with Dubai Land Department.

Are property prices in Ibiza going up?

Like-for-like prices per sqft are down 1.3% on a year earlier and down 2.3% on the previous three months.

How many properties were sold in Ibiza in the last year?

58 sales worth AED 168M were registered in the last 12 months: 10% developer off-plan, 90% off-plan resales and 0% secondary (ready) sales.

Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.

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