Over the past 90 days, the primary market at Damac Lagoons has recorded a total of 1,224 transactions worth AED 3.9 billion across six different projects: Malta 1, Nice 1, Ibiza, Malta 2, Marbella, and Monte Carlo. The most popular choices among buyers were 4 and 5-bedroom villas, with Marbella recording the highest number of transactions (343) worth AED 758.7 million.
Amounting to AED 3.9 billion. Let's take a look at the transactions recorded in each of the projects within Damac Lagoons.
- The Malta 1 project recorded 41 transactions, amounting to AED 123.1 million. Out of these transactions, 15 were for 2-bedroom villas, 1 for a 3-bedroom villa, 20 for 4-bedroom villas, 4 for 5-bedroom villas, and 1 for a 6-bedroom villa.
- The Nice 1 project recorded a total of 171 transactions, worth AED 1.4 billion. Out of these transactions, 1 was for a 3-bedroom villa, 22 were for 4-bedroom villas, 129 transactions were for 5-bedroom villas, and 19 were for 6-bedroom villas.
- The Ibiza project recorded a total of 223 transactions, amounting to AED 554.4 million. Out of these transactions, 31 were for 2-bedroom villas, 33 for 3-bedroom villas, and 86 for 4-bedroom villas.
- The Malta 2 project recorded a total of 15 transactions, worth AED 56.6 million. Out of these transactions, 6 were for 2-bedroom villas, 1 was for a 3-bedroom villa, 4 were for 4-bedroom villas, and 4 for 5-bedroom villas.
- The Marbella project recorded a total of 343 transactions, amounting to AED 758.7 million. All of these transactions were for 4-bedroom villas.
- Finally, the Monte Carlo project recorded only one transaction, worth AED 2.1 million, for a 4-bedroom villa.
Overall, these transactions provide valuable insights into the preferences of buyers at Damac Lagoons. It appears that the 4 and 5-bedroom villas are the most popular choices among buyers.
The information provided is from the sources of the Broker Terminal, an innovative platform that boasts an impressive scope, covering over 6,000 real estate projects across all freehold locations in Dubai. This includes comprehensive details about 360 developers and their respective projects. With such an extensive and thorough database, Broker Terminal serves as an unmatched resource for investors seeking to make informed decisions in the Dubai real estate market. Its unparalleled depth and breadth of information make it an essential tool for anyone looking to stay ahead of the curve in this fast-paced industry.
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