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Dubai project data

DAMAC LAGOONS - SANTORINI (2): sale prices and rents

(2) داماك لاجونز - سانتوريني

Registered sales and rent contracts for the project DAMAC LAGOONS - SANTORINI (2) in Al Hebiah Fifth, from Dubai Land Department open data.

DAMAC LAGOONS - SANTORINI (2) (Al Hebiah Fifth): 70 registered sales in the 12 months to September 2026. Source: Dubai Land Department open data via data.dubai, as of 23 Oct 2026, calculated by Zolia.

Key figures, last 12 months

Data as of 23 Oct 2026 · Period Oct 2025 – Sep 2026

Registered sales
70
+27.3% vs previous 12 months
Median price per sq ft
under 3 with floor area
Median sale price
AED 3.4m
Off-plan share of sales
under 3
Registered rent contracts
123
Median annual rent
AED 165,000
Gross rental yield
under 3 sales
Mortgage registrations
136
Units in the register
no units in the DLD register

Registered mortgage transactions only, without interest rates and without lenders.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Off-plan and ready sales in DAMAC LAGOONS - SANTORINI (2)

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready70under 3 with floor areaunder 3 with floor area

Off-plan sales are sales of properties before completion, as registered in Dubai Land Department transactions; ready sales are sales of completed properties.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Rents and rental yield in DAMAC LAGOONS - SANTORINI (2)

Registered rent contracts
123
Median annual rent
AED 165,000
Middle range of registered annual rents: AED 147,500 – AED 193,333
Median annual rent per sq ft
AED 97 per sq ft
Gross rental yield
under 3 sales

The permitted rent increase is set by the Smart Rental Index of the Dubai Land Department; this page does not compute an index value. About the Smart Rental Index

Too few ready apartment sales for a gross rental yield: fewer than 3 in the period, at least 30 needed. Land, whole buildings, villas and commercial units are not counted.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price per sq ft and rents by unit type in DAMAC LAGOONS - SANTORINI (2)

Unit typeSalesMedian per sq ftMedian annual rentGross yield
3 bedroomsunder 3under 3AED 140,000under 3 sales
4 bedroomsunder 3under 3AED 150,000under 3 sales
5 bedrooms or moreunder 3under 3AED 190,000under 3 sales

Indicative figures from registered transactions and rent contracts, not a valuation of any unit.

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Price trend in DAMAC LAGOONS - SANTORINI (2)

MonthSalesMedian per sq ftRent contracts
Nov 20244under 3 with floor areaunder 3
Dec 202410under 3 with floor areaunder 3
Mar 20254under 3 with floor areaunder 3
Apr 20255under 3 with floor areaunder 3
Jun 20253under 3 with floor areaunder 3
Jul 20258under 3 with floor areaunder 3
Aug 20255under 3 with floor areaunder 3
Sep 20258under 3 with floor areaunder 3
Oct 20258under 3 with floor areaunder 3
Nov 20258under 3 with floor areaunder 3
Dec 202510under 3 with floor areaunder 3
Jan 20266under 3 with floor areaunder 3
Feb 20264under 3 with floor area4
Mar 20268under 3 with floor area5
Apr 20263under 3 with floor area12
May 20265under 3 with floor area9
Jun 20264under 3 with floor area12
Jul 20263under 3 with floor area19
Aug 20266under 3 with floor area30
Sep 20265under 3 with floor area32
Sales per calendar year
YearSalesMedian per sq ft
202117under 3 with floor area
2022379under 3 with floor area
202386under 3 with floor area
202447under 3 with floor area
202565under 3 with floor area

“Under 3”: fewer than 3 registered records, so no figure is shown (no figures from single transactions). Gross yield needs enough ready apartment sales and apartment rent contracts in the same months.

Location

DAMAC LAGOONS - SANTORINI (2) is a project in the DLD area Al Hebiah Fifth.

Figures for Al Hebiah Fifth

Names as in the registered transactions and rent contracts; company names are not shown.

More projects in Al Hebiah Fifth

Questions about DAMAC LAGOONS - SANTORINI (2)

How many sales were registered in DAMAC LAGOONS - SANTORINI (2)?
70 sales were registered in DAMAC LAGOONS - SANTORINI (2) in Oct 2025 – Sep 2026.
What is the median annual rent in DAMAC LAGOONS - SANTORINI (2)?
The median annual rent of registered rent contracts in DAMAC LAGOONS - SANTORINI (2) was AED 165,000 in Oct 2025 – Sep 2026.
Which DLD area is DAMAC LAGOONS - SANTORINI (2) in?
DAMAC LAGOONS - SANTORINI (2) is registered in the Dubai Land Department area Al Hebiah Fifth.

Method and source

All Dubai projects with figuresAll Dubai areasHow these figures are calculated

Figures based on fewer than 3 records are not shown.

Source: Dubai Land Department, open data via data.dubai (as of 23 Oct 2026). Prepared by Zolia; not an official product of the Dubai Land Department.

Open data portal: data.dubai · Licence: Dubai Open Data Licence

  • Source: Dubai Land Department (Open Data), https://dubailand.gov.ae/en/open-data/real-estate-data/, under the Dubai Open Data Licence dubailand.gov.ae