Market bulletin · Thu, 22 Oct 2026
Mykonos: 2 sales worth AED 7.52M in 30 days
Mykonos recorded 2 sales worth AED 7.52M in the 30 days to Thu, 22 Oct 2026, up 100.0% on the previous 30 days. Over the last week 1 sale was registered (AED 4.07M), against 0 the week before.
The median sale over the last three months was AED 2.47M, or AED 1,088/sqft. Monthly medians over the past year ranged from AED 1,287/sqft to AED 1,317/sqft.
By market over 12 months: developer off-plan sales 25%, off-plan resales 75%. Off-plan resales traded at a median 23.3% discount to developer prices per sqft.
In Damac Lagoons, Mykonos ranked #11 of 11 leading projects by 12-month sales value; it is developed by Damac Properties. Its first registered sale was on 19 May 2023.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 1,317 |
| Dec 25 | — |
| Nov 25 | AED 1,287 |
| Oct 25 | AED 1,291 |
| Sept 25 | AED 1,304 |
| Aug 25 | AED 1,332 |
| Jul 25 | AED 1,394 |
| Jun 25 | AED 1,352 |
| May 25 | AED 1,349 |
| Apr 25 | AED 1,397 |
| Mar 25 | AED 1,389 |
| Feb 25 | AED 1,330 |
| Jan 25 | AED 1,349 |
| Dec 24 | — |
| Nov 24 | — |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 1 | 0 | 0 |
| Sept 26 | 0 | 2 | 0 |
| Aug 26 | 0 | 2 | 0 |
| Jul 26 | 0 | 1 | 0 |
| Jun 26 | 0 | 3 | 0 |
| May 26 | 0 | 1 | 0 |
| Apr 26 | 1 | 2 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 2 | 0 |
| Jan 26 | 0 | 6 | 0 |
| Dec 25 | 0 | 2 | 0 |
| Nov 25 | 6 | 3 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 2 | up 100.0% | AED 7.52M | — | — |
| Last 3 months | 5 | unchanged 0.0% | AED 14.7M | 1,088 | down 4.9% |
| Last 6 months | 10 | down 54.5% | AED 27.9M | 1,116 | down 7.4% |
| Last 12 months | 32 | down 81.3% | AED 91.9M | 1,182 | down 12.4% |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 8 | 25% | AED 3.43M | 1,478 | up 9.6% |
| Off-plan resale | 24 | 75% | AED 2.55M | 1,133 | down 15.0% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 23 | 72% | AED 2.55M | 1,123 | down 14.9% |
| 5+ bedrooms | 9 | 28% | AED 3.55M | 1,626 | down 6.8% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 32 | 100% | AED 2.67M | 1,182 | down 12.4% |
Competing projects in Damac Lagoons
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Venice 1Damac Properties | 39 | 1,362 | — |
| PortofinoDamac Properties | 97 | 1,205 | up 4.6% |
| Valencia Tower B at Damac LagoonsDamac Properties | 250 | 1,630 | down 2.6% |
| Costa Brava 1Damac Properties | 65 | 1,291 | up 7.8% |
| Valencia Tower A at Damac LagoonsDamac Properties | 227 | 1,599 | down 3.2% |
| Santorini 1Damac Properties | 70 | 1,226 | — |
| Valencia Tower D at Damac LagoonsDamac Properties | 195 | 1,636 | down 4.2% |
| Malta 1Damac Properties | 65 | 1,161 | up 8.2% |
| Costa Brava 2Damac Properties | 63 | 1,213 | — |
| Nice 1Damac Properties | 54 | 1,200 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 4.07M | 5+ BR Villa · 2,363 sqftMykonos · Damac Lagoons | 16 Oct |
| AED 3.45M | 5+ BR Villa · 2,363 sqftMykonos · Damac Lagoons | 25 Sept |
| AED 2.47M | 4 BR Villa · 2,273 sqftMykonos · Damac Lagoons | 17 Aug |
| AED 2.47M | 4 BR Villa · 2,273 sqftMykonos · Damac Lagoons | 20 Aug |
| AED 2.25M | 4 BR Villa · 2,273 sqftMykonos · Damac Lagoons | 14 Sept |
Questions about Mykonos
What is the average price per sqft in Mykonos?
The median sale price in Mykonos over the last three months was AED 1,088 per sqft (median sale AED 2.47M), based on 5 sales registered with Dubai Land Department.
How many properties were sold in Mykonos in the last year?
32 sales worth AED 91.9M were registered in the last 12 months: 25% developer off-plan, 75% 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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