Market bulletin · Thu, 22 Oct 2026
Nice 2: 3 sales worth AED 13.5M in 30 days
Nice 2 recorded 3 sales worth AED 13.5M in the 30 days to Thu, 22 Oct 2026, up 200.0% on the previous 30 days. Over the last week 1 sale was registered (AED 3.73M), against 0 the week before.
The median sale over the last three months was AED 2.88M, or AED 1,220/sqft. Monthly medians over the past year ranged from AED 1,025/sqft to AED 1,171/sqft.
By market over 12 months: off-plan resales 84%, secondary (ready) sales 16%.
In Damac Lagoons, Nice 2 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
| Date | AED/sqft |
|---|---|
| Oct 26 | — |
| Sept 26 | — |
| Aug 26 | — |
| Jul 26 | — |
| Jun 26 | AED 1,025 |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | AED 1,171 |
| Jan 26 | — |
| Dec 25 | — |
| Nov 25 | AED 1,168 |
| Oct 25 | AED 1,146 |
| Sept 25 | — |
| Aug 25 | — |
| Jul 25 | AED 1,089 |
| Jun 25 | AED 1,058 |
| May 25 | AED 1,047 |
| Apr 25 | AED 1,021 |
| Mar 25 | — |
| Feb 25 | — |
| Jan 25 | AED 992 |
| Dec 24 | — |
| Nov 24 | AED 1,089 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 1 |
| Sept 26 | 0 | 0 | 3 |
| Aug 26 | 0 | 2 | 0 |
| Jul 26 | 0 | 2 | 0 |
| Jun 26 | 0 | 5 | 0 |
| May 26 | 0 | 1 | 0 |
| Apr 26 | 0 | 0 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 5 | 0 |
| Jan 26 | 0 | 0 | 0 |
| Dec 25 | 0 | 1 | 0 |
| Nov 25 | 0 | 5 | 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 | 3 | up 200.0% | AED 13.5M | — | — |
| Last 3 months | 6 | down 25.0% | AED 19.0M | 1,220 | up 16.5% |
| Last 6 months | 14 | up 27.3% | AED 39.4M | 1,080 | down 7.5% |
| Last 12 months | 25 | down 64.8% | AED 72.8M | 1,160 | up 7.4% |
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 resale | 21 | 84% | AED 2.63M | 1,158 | up 7.2% |
| Secondary (ready) | 4 | 16% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 4 bedrooms | 17 | 68% | AED 2.45M | 1,080 | up 4.7% |
| 5+ bedrooms | 8 | 32% | AED 3.64M | 1,409 | up 2.4% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1 | 4% | — | — | — |
| AED 2M–10M | 24 | 96% | AED 2.65M | 1,164 | up 7.7% |
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 6.50M | 5+ BR Villa · 4,780 sqftNice 2 · Damac Lagoons | 25 Sept |
| AED 3.73M | 5+ BR Villa · 2,300 sqftNice 2 · Damac Lagoons | 20 Oct |
| AED 3.30M | 5+ BR Villa · 2,300 sqftNice 2 · Damac Lagoons | 25 Sept |
| AED 2.45M | 4 BR Villa · 2,268 sqftNice 2 · Damac Lagoons | 17 Aug |
| AED 2.45M | 4 BR Villa · 2,268 sqftNice 2 · Damac Lagoons | 19 Aug |
| AED 589K | 4 BR Villa · 756 sqftNice 2 · Damac Lagoons | 16 Sept |
Questions about Nice 2
What is the average price per sqft in Nice 2?
The median sale price in Nice 2 over the last three months was AED 1,220 per sqft (median sale AED 2.88M), based on 6 sales registered with Dubai Land Department.
How many properties were sold in Nice 2 in the last year?
25 sales worth AED 72.8M were registered in the last 12 months: 0% developer off-plan, 84% off-plan resales and 16% 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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