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Dubai project data

DAMAC LAGOONS - VENICE (1): sale prices and rents

داماك لاجونز - فينيس (1)

Registered sales and rent contracts for the project DAMAC LAGOONS - VENICE (1) in Al Hebiah Fifth, from Dubai Land Department open data.

DAMAC LAGOONS - VENICE (1) (Al Hebiah Fifth): 53 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
53
−32.1% vs previous 12 months
Median price per sq ft
under 3 with floor area
Median sale price
AED 7.2m
Off-plan share of sales
under 3
Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Gross rental yield
under 3 sales
Mortgage registrations
17
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 - VENICE (1)

StatusSalesMedian per sq ftMiddle range per sq ft
Off-planunder 3under 3under 3
Ready53under 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 - VENICE (1)

Registered rent contracts
under 3
Median annual rent
under 3 rent contracts
Median annual rent per sq ft
under 3 rent contracts
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 trend in DAMAC LAGOONS - VENICE (1)

MonthSalesMedian per sq ftRent contracts
Oct 20245under 3 with floor areaunder 3
Nov 20249under 3 with floor areaunder 3
Dec 20243under 3 with floor areaunder 3
Jan 20256under 3 with floor areaunder 3
Feb 20253under 3 with floor areaunder 3
Mar 20256under 3 with floor areaunder 3
Apr 202511under 3 with floor areaunder 3
May 20256under 3 with floor areaunder 3
Jun 202511under 3 with floor areaunder 3
Jul 20258under 3 with floor areaunder 3
Aug 20254under 3 with floor areaunder 3
Sep 20256under 3 with floor areaunder 3
Oct 20256under 3 with floor areaunder 3
Nov 20257under 3 with floor areaunder 3
Dec 20258under 3 with floor areaunder 3
Jan 20267under 3 with floor areaunder 3
Feb 20267under 3 with floor areaunder 3
Jun 20263under 3 with floor areaunder 3
Jul 20264under 3 with floor areaunder 3
Aug 20265under 3 with floor areaunder 3
Sep 20263under 3 with floor areaunder 3
Sales per calendar year
YearSalesMedian per sq ft
2022200under 3 with floor area
2023212under 3 with floor area
202458under 3 with floor area
202582under 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 - VENICE (1) 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 - VENICE (1)

How many sales were registered in DAMAC LAGOONS - VENICE (1)?
53 sales were registered in DAMAC LAGOONS - VENICE (1) in Oct 2025 – Sep 2026.
Which DLD area is DAMAC LAGOONS - VENICE (1) in?
DAMAC LAGOONS - VENICE (1) 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