Market bulletin · Thu, 22 Oct 2026
Nice 1: 11 sales worth AED 37.0M in 30 days
Nice 1 recorded 11 sales worth AED 37.0M in the 30 days to Thu, 22 Oct 2026, up 266.7% on the previous 30 days. Over the last week 6 sales were registered (AED 21.9M), against 0 the week before.
The median sale over the last three months was AED 3.00M, or AED 1,200/sqft. Monthly medians over the past year ranged from AED 1,069/sqft to AED 1,334/sqft.
By market over 12 months: off-plan resales 74.1%, secondary (ready) sales 25.9%.
In Damac Lagoons, Nice 1 ranked #10 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
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,200 |
| Sept 26 | AED 1,102 |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 1,069 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 1,334 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,151 |
| Oct 25 | — |
| Sept 25 | AED 1,069 |
| Aug 25 | — |
| Jul 25 | AED 1,210 |
| Jun 25 | AED 1,282 |
| May 25 | AED 1,102 |
| Apr 25 | AED 925 |
| Mar 25 | AED 1,021 |
| Feb 25 | AED 917 |
| Jan 25 | AED 981 |
| Dec 24 | AED 1,031 |
| Nov 24 | AED 1,170 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 7 |
| Sept 26 | 0 | 0 | 7 |
| Aug 26 | 0 | 3 | 0 |
| Jul 26 | 0 | 4 | 0 |
| Jun 26 | 0 | 5 | 0 |
| May 26 | 0 | 4 | 0 |
| Apr 26 | 0 | 3 | 0 |
| Mar 26 | 0 | 1 | 0 |
| Feb 26 | 0 | 6 | 0 |
| Jan 26 | 0 | 2 | 0 |
| Dec 25 | 0 | 4 | 0 |
| Nov 25 | 0 | 8 | 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 | 11 | up 266.7% | AED 37.0M | 1,200 | — |
| Last 3 months | 19 | up 58.3% | AED 63.9M | 1,200 | up 12.3% |
| Last 6 months | 31 | up 34.8% | AED 99.3M | 1,169 | up 2.0% |
| Last 12 months | 54 | down 44.9% | AED 177M | 1,151 | up 8.8% |
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 resale | 40 | 74% | AED 2.70M | 1,146 | up 7.2% |
| Secondary (ready) | 14 | 26% | AED 2.89M | 1,185 | up 44.5% |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 24 | 44% | AED 2.54M | 1,133 | up 9.4% |
| 5+ bedrooms | 30 | 56% | AED 3.33M | 1,301 | up 3.2% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| AED 2M–10M | 54 | 100% | AED 2.70M | 1,151 | up 8.6% |
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 | — |
| Lagoon Views 13 BDamac Properties | 160 | 1,647 | down 3.0% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 6.90M | 5+ BR Villa · 4,780 sqftNice 1 · Damac Lagoons | 19 Oct |
| AED 6.50M | 5+ BR Villa · 4,780 sqftNice 1 · Damac Lagoons | 22 Aug |
| AED 3.80M | 5+ BR Villa · 3,164 sqftNice 1 · Damac Lagoons | 25 Sept |
| AED 3.70M | 5+ BR Villa · 3,164 sqftNice 1 · Damac Lagoons | 22 Oct |
| AED 3.50M | 5+ BR Villa · 2,300 sqftNice 1 · Damac Lagoons | 19 Sept |
| AED 3.40M | 5+ BR Villa · 3,164 sqftNice 1 · Damac Lagoons | 28 Sept |
Questions about Nice 1
What is the average price per sqft in Nice 1?
The median sale price in Nice 1 over the last three months was AED 1,200 per sqft (median sale AED 3.00M), based on 19 sales registered with Dubai Land Department.
How many properties were sold in Nice 1 in the last year?
54 sales worth AED 177M were registered in the last 12 months: 0% developer off-plan, 74% off-plan resales and 26% 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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