This is a distress deal for a 7-bedroom plus maid’s villa in Morocco 1, DAMAC Lagoons, offered at AED 17,800,000. The original price was AED 19,864,000, reflecting a 10.4% discount and a direct AED 2,064,000 reduction from the initial developer price. The property features a substantial built-up area of 17,500 sq.ft on an 11,000 sq.ft plot, delivering a price per square foot of AED 1,017. The villa is a corner unit with a B+G+1+R layout, and handover is scheduled for Q4 2026. The payment structure is staged, with the majority due on transfer and the remainder spread across construction milestones. The immediate investment thesis is a below-market entry for a flagship villa in a masterplanned community, with the scale and amenity profile to appeal to end-users and rental investors alike. The discount is not theoretical; it is a direct reduction against the developer’s own pricing, with the buyer securing a large, high-specification villa at a lower capital outlay than current launch or resale equivalents in the same project.
MOROCCO · DAMAC LagoonsDAMAC · DAMAC Lagoons
DISTRESS DEAL: 7-BR + Maid's IN MOROCCO
- Unit
- 7-BR + Maid's
- Size
- 17,500 sq.ft
- Developer
- DAMAC
- Handover
- Q4 2026
The discount is measured against the original price + DLD recorded for this unit, not against a valuation.
This unit has sold. The page is kept as a record of a deal we transacted. Every figure on it — the asking price, the discount to original price and the payment schedule — is the position as listed on 15 March 2026 and is historic. It is not an indication of what the same unit, or a comparable one, would cost today.
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The numbers
Payment breakdown
- Payment to sellerAED 12,075,100
- DLD Transfer fee 4% + 40 AEDAED 712,040
- DLD Registration Trustee fee + 5% VATAED 5,250
- Buyer's agent commission 2% + 5% VATAED 373,800
- Total on transferAED 13,166,190
- 14-Apr-2026AED 954,150
- On 70% of Villa CompletionAED 381,660
- On 80% of Villa CompletionAED 381,660
- On 90% of Villa CompletionAED 190,830
- On CompletionAED 3,816,600
- Total remaining payment planAED 5,724,900
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Floor plan
Distress Deal
PROJECT DESCRIPTION
OVERVIEW
LOCATION & TRANSPORT
Morocco 1 is part of DAMAC Lagoons, a master community located at the intersection of Hessa Street (D61) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54) in Al Hebiah Fifth. This area is positioned to the south of Dubai’s established residential corridors, offering access to both the city’s main arterial routes and the emerging suburban catchments. The location allows for practical commutes to Dubai Marina, Jumeirah Village Circle, and Dubai Hills Estate, with road connectivity supporting both private car use and ride-hailing services. While public transport infrastructure is still developing in this corridor, the masterplan’s scale and ongoing investment are expected to improve accessibility over time. For investors, the location supports a buyer and tenant pool seeking larger homes with more space and amenities, without the premium pricing of central Dubai villa districts.
AMENITIES & SURROUNDING
The Morocco cluster at DAMAC Lagoons is designed as a high-amenity, lifestyle-led sub-community. The villa itself offers two swimming pools, a gym, steam room, sauna, jacuzzi, private theatre, lift, and ample parking. The wider DAMAC Lagoons masterplan includes themed water features, botanical and serenity gardens, floating platforms, and leisure zones inspired by Moroccan design. Residents have access to community parks, children’s play areas, and a network of walking and cycling paths. The district is planned with retail, dining, and wellness facilities, as well as schools and nurseries to support family living. The surrounding infrastructure is still in the development phase, but the intent is to create a self-contained environment with a strong focus on recreation, relaxation, and community engagement. The villa’s corner positioning and plot size further enhance privacy and outdoor usability.
MARKET
At AED 1,017 per sq.ft for built-up area, this villa is priced below both the original developer launch price and recent resale asks for comparable flagship units in DAMAC Lagoons. The 10.4% discount is meaningful in a market where large, completed villas in established districts often command a premium, and where off-plan supply is typically priced at or above current market levels. The buyer profile for this asset is likely to be a mix of end-users seeking a statement home and investors targeting rental yields from large-family or group tenancies. Liquidity for 7-bedroom villas is naturally narrower than for smaller units, but the scale, amenity mix, and payment plan flexibility can support both rental and resale strategies. The main risk points are construction and handover timing, as well as the pace of community infrastructure delivery. However, the direct discount to the developer’s own price provides a margin of safety, and the staged payment plan reduces capital exposure during the build period.
CONCLUSION
This distress deal offers a substantial entry discount for a flagship 7-bedroom plus maid’s villa in one of DAMAC Lagoons’ most amenity-rich clusters. The size, layout, and specification position the asset for both end-user and rental demand, while the staged payment plan and Q4 2026 handover provide flexibility for investors managing capital deployment. The main considerations are the delivery timeline and the ongoing development of community infrastructure, but the pricing leaves room for both capital appreciation and income strategies. For buyers seeking scale, amenity, and a below-market entry in a masterplanned environment, this deal presents a balanced case, provided the usual due diligence on developer delivery and community progress is observed.
Location
MOROCCO — DAMAC Lagoons, Dubai
Illustrative model
Scenario modeller
Set your own assumptions and see how DISTRESS DEAL: 7-BR + Maid's IN MOROCCO behaves as a cash purchase, the same purchase mortgaged, or a capital-only resale.
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Every figure recalculates as you type. Use the price you are considering.
Method
- Handover
- The date the unit is handed over, set in quarters from purchase. Gross rent, the vacancy allowance, maintenance and management, and the service charge all start there and not before — an unbuilt unit cannot be let and is not billed. The year handover falls in gets the exact fraction it is entitled to, not a rounded whole year. Capital growth is not treated this way: it compounds from today across the whole hold, because an off-plan unit can be sold before it completes. Where the holding period ends before handover, there is no operating income anywhere in the schedule and the whole return is capital movement less costs.
- Gross yield
- Gross annual rent ÷ purchase price. Before every cost. Where handover is in the future this is a stabilised full year from handover — a rate on the price, not a figure reduced by the construction period. The schedule shows what each year actually books.
- Net yield
- (Rent collected after the vacancy allowance − maintenance and management − service charge) ÷ purchase price. Stabilised on the same basis as the gross yield.
- Rent growth
- Compound annual movement in gross rent, applied from handover and stepping at each anniversary of it, which is when a tenancy renews. It may be negative. It does not touch the service charge, which is held flat in nominal terms.
- ROI
- Total profit over the whole hold ÷ total cash invested (price + all acquisition costs). Unlevered. Not an annual rate.
- ROE
- Total profit over the whole hold ÷ equity contributed (deposit + all acquisition and finance costs), after debt service. Levered. Not an annual rate.
- Cash-on-cash return
- Year-one operating cash flow, after debt service where there is a mortgage, ÷ cash invested. Reported separately from ROI/ROE and never merged with it. Year one means the first year of the schedule as it stands: where that year falls before handover it carries no rent, so on a mortgaged off-plan purchase the figure is negative — that is the year you fund out of pocket, and it is shown rather than smoothed away.
- IRR
- The annualised rate that discounts the dated cash-flow schedule above to a net present value of zero, solved numerically. Where the schedule has no sign change, or the solver does not converge on a single meaningful rate, we print “—” rather than substitute a simpler annualised-return figure.
An illustrative model, not a forecast, a valuation, an offer or investment advice. Every figure is generated from the assumptions on this page — some yours, the rest stated defaults, not promises. Rents, service charges, fees, vacancy, handover dates, financing terms and sale prices vary by unit and over time; past prices are not a guide to future prices. Returns are not guaranteed and capital is at risk.
Mortgage availability, loan-to-value, rate and term are subject to lender criteria and underwriting; nothing here indicates that finance will be offered. Figures exclude any tax payable in your country of residence — take independent financial, tax and legal advice before committing. Mitchell's Commercial Real Estate is a trading brand; the RERA-licensed broker is Stephen James Mitchell, BRN 68593.
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