Market bulletin · Thu, 22 Oct 2026
Venice 1: 2 sales worth AED 12.4M in 30 days
Venice 1 recorded 2 sales worth AED 12.4M in the 30 days to Thu, 22 Oct 2026, flat on the previous 30 days. Over the last week 2 sales were registered (AED 12.4M), against 0 the week before.
The median sale over the last three months was AED 6.23M, or AED 1,362/sqft. Monthly medians over the past year ranged from AED 1,209/sqft to AED 1,417/sqft.
By market over 12 months: off-plan resales 89.7%, secondary (ready) sales 10.3%.
In Damac Lagoons, Venice 1 ranked #1 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 | — |
| May 26 | — |
| Apr 26 | — |
| Mar 26 | — |
| Feb 26 | — |
| Jan 26 | AED 1,405 |
| Dec 25 | AED 1,417 |
| Nov 25 | AED 1,209 |
| Oct 25 | — |
| Sept 25 | AED 1,297 |
| Aug 25 | AED 1,286 |
| Jul 25 | AED 1,153 |
| Jun 25 | AED 1,258 |
| May 25 | AED 1,290 |
| Apr 25 | AED 1,197 |
| Mar 25 | AED 1,230 |
| Feb 25 | — |
| Jan 25 | AED 1,209 |
| Dec 24 | — |
| Nov 24 | AED 1,171 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 0 | 0 | 2 |
| Sept 26 | 0 | 0 | 1 |
| Aug 26 | 0 | 1 | 1 |
| Jul 26 | 0 | 3 | 0 |
| Jun 26 | 0 | 2 | 0 |
| May 26 | 0 | 0 | 0 |
| Apr 26 | 0 | 2 | 0 |
| Mar 26 | 0 | 0 | 0 |
| Feb 26 | 0 | 4 | 0 |
| Jan 26 | 0 | 8 | 0 |
| Dec 25 | 0 | 7 | 0 |
| Nov 25 | 0 | 7 | 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 | unchanged 0.0% | AED 12.4M | — | — |
| Last 3 months | 5 | unchanged 0.0% | AED 31.5M | 1,362 | up 17.2% |
| Last 6 months | 10 | down 65.5% | AED 98.4M | 1,321 | down 4.9% |
| Last 12 months | 39 | down 56.2% | AED 374M | 1,360 | up 9.1% |
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 | 35 | 90% | AED 7.40M | 1,360 | up 9.1% |
| Secondary (ready) | 4 | 10% | — | — | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| 5+ bedrooms | 39 | 100% | AED 7.15M | 1,360 | up 9.1% |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 1 | 3% | — | — | — |
| AED 2M–10M | 23 | 59% | AED 6.45M | 1,399 | up 3.2% |
| AED 10M–50M | 15 | 38% | AED 12.9M | 1,171 | up 1.3% |
Competing projects in Damac Lagoons
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| 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 | — |
| Lagoon Views 13 BDamac Properties | 160 | 1,647 | down 3.0% |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 6.80M | 5+ BR Villa · 4,572 sqftVenice 1 · Damac Lagoons | 21 Sept |
| AED 6.35M | 5+ BR Villa · 4,572 sqftVenice 1 · Damac Lagoons | 19 Oct |
| AED 6.23M | 5+ BR Villa · 4,572 sqftVenice 1 · Damac Lagoons | 12 Aug |
| AED 6.10M | 5+ BR Villa · 4,572 sqftVenice 1 · Damac Lagoons | 22 Oct |
| AED 6.00M | 5+ BR Villa · 4,572 sqftVenice 1 · Damac Lagoons | 26 Aug |
Questions about Venice 1
What is the average price per sqft in Venice 1?
The median sale price in Venice 1 over the last three months was AED 1,362 per sqft (median sale AED 6.23M), based on 5 sales registered with Dubai Land Department.
How many properties were sold in Venice 1 in the last year?
39 sales worth AED 374M were registered in the last 12 months: 0% developer off-plan, 90% off-plan resales and 10% 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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