Skip to content

Project · #649 by 12M value

Morocco 2

Damac Lagoons · Damac Properties

Median price per sqft · last 3 months

AED 1,264 /sqft

3M like-for-like
—
vs 1 year ago
—
Sales 30D
3

Market bulletin · Thu, 22 Oct 2026

Morocco 2: 3 sales worth AED 10.2M in 30 days

Morocco 2 recorded 3 sales worth AED 10.2M in the 30 days to Thu, 22 Oct 2026, down 40.0% on the previous 30 days. Over the last week 0 sales were registered (AED 0), against 0 the week before.

The median sale over the last three months was AED 2.87M, or AED 1,264/sqft.

By market over 12 months: developer off-plan sales 3.8%, off-plan resales 96.2%.

In Damac Lagoons, Morocco 2 ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties. Its first registered sale was on 9 August 2023.

Median AED/sqft

Monthly median of all registered sales

View data table
Median AED/sqft
DateAED/sqft
Oct 26—
Sept 26AED 1,264
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26AED 1,333
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25AED 1,339
Jan 25AED 1,339
Dec 24AED 1,339
Nov 24AED 1,312

Sales per month

Registered sales by market

View data table
Sales per month
DateOff-plan (developer)Off-plan resaleSecondary (ready)
Oct 26010
Sept 26060
Aug 26010
Jul 26000
Jun 26020
May 26000
Apr 26000
Mar 26000
Feb 26110
Jan 26060
Dec 25030
Nov 25040

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 month3down 40.0%AED 10.2M——
Last 3 months8up 300.0%AED 22.2M1,264—
Last 6 months10down 37.5%AED 27.7M1,264down 5.4%
Last 12 months26down 56.7%AED 112M1,329down 0.7%

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)14%———
Off-plan resale2596%AED 3.01M1,326down 1.0%
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
4 bedrooms1973%AED 2.99M1,339unchanged 0.0%
5+ bedrooms727%AED 4.35M1,287up 2.1%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
Under AED 2M28%———
AED 2M–10M2285%AED 3.00M1,339unchanged 0.0%
AED 10M–50M28%———

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 Morocco 2
PricePropertyDate
AED 4.55M5+ BR Villa · 3,183 sqftMorocco 2 · Damac Lagoons3 Oct
AED 3.10M4 BR Villa · 2,231 sqftMorocco 2 · Damac Lagoons7 Sept
AED 3.10M5+ BR Villa · 3,183 sqftMorocco 2 · Damac Lagoons24 Sept
AED 3.04M4 BR Villa · 2,231 sqftMorocco 2 · Damac Lagoons7 Sept
AED 2.70M4 BR Villa · 2,231 sqftMorocco 2 · Damac Lagoons3 Sept
AED 2.52M4 BR Villa · 2,231 sqftMorocco 2 · Damac Lagoons29 Aug

Questions about Morocco 2

What is the average price per sqft in Morocco 2?

The median sale price in Morocco 2 over the last three months was AED 1,264 per sqft (median sale AED 2.87M), based on 8 sales registered with Dubai Land Department.

How many properties were sold in Morocco 2 in the last year?

26 sales worth AED 112M were registered in the last 12 months: 4% developer off-plan, 96% 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.

BT AI Market Desk

Get every brief in your inbox

Create a free BT AI account to receive the daily, weekly and monthly reports by email, and search every Dubai Land Department sale and rental behind them.