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Project · #1036 by 12M value

Santorini 3

Damac Lagoons · Damac Properties

Median price per sqft · last 3 months

— /sqft

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

Market bulletin · Thu, 22 Oct 2026

Santorini 3: 1 sales worth AED 6.03M in 30 days

Santorini 3 recorded 1 sale worth AED 6.03M in the 30 days to Thu, 22 Oct 2026, down 50.0% on the previous 30 days. Over the last week 1 sale was registered (AED 6.03M), against 0 the week before.

By market over 12 months: off-plan resales 66.7%, secondary (ready) sales 33.3%.

In Damac Lagoons, Santorini 3 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 26—
Sept 26—
Aug 26—
Jul 26—
Jun 26—
May 26—
Apr 26—
Mar 26—
Feb 26—
Jan 26AED 1,506
Dec 25—
Nov 25—
Oct 25—
Sept 25—
Aug 25—
Jul 25—
Jun 25—
May 25—
Apr 25—
Mar 25—
Feb 25—
Jan 25—
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 26001
Sept 26001
Aug 26001
Jul 26000
Jun 26000
May 26001
Apr 26000
Mar 26000
Feb 26000
Jan 26060
Dec 25000
Nov 25020

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 month1down 50.0%AED 6.03M——
Last 3 months3up 200.0%AED 17.9M——
Last 6 months4down 50.0%AED 23.9M——
Last 12 months12down 14.3%AED 70.0M1,430up 1.3%

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 resale867%AED 5.92M1,493up 5.8%
Secondary (ready)433%———
By bedrooms (12M)
BedroomsSalesShareMedian priceAED/sqft1Y
5+ bedrooms12100%AED 5.97M1,430up 1.3%
By price band (12M)
PriceSalesShareMedian priceAED/sqft1Y
AED 2M–10M12100%AED 5.97M1,430up 1.3%

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 Santorini 3
PricePropertyDate
AED 6.05M5+ BR Villa · 4,611 sqftSantorini 3 · Damac Lagoons26 Aug
AED 6.03M5+ BR Villa · 4,611 sqftSantorini 3 · Damac Lagoons20 Oct
AED 5.80M5+ BR Villa · 4,143 sqftSantorini 3 · Damac Lagoons3 Sept

Questions about Santorini 3

How many properties were sold in Santorini 3 in the last year?

12 sales worth AED 70.0M were registered in the last 12 months: 0% developer off-plan, 67% off-plan resales and 33% 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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