REQUEST FULL DETAILS
CLICK TO VIEW FLOORPLAN
PAYMENT PLAN
UNIT PRICE | AED 17,800,000 |
PAYMENTS ON TRANSFER
1. Payment to seller | AED 12,075,100 |
2. DLD Transfer fee 4% + 40 AED | AED 712,040 |
3. DLD Registration Trustee fee + 5% VAT | AED 5,250 |
4. Buyer's agent commission 2% + 5% VAT | AED 373,800 |
PAYMENT PLAN SCHEDULE
14-Apr-2026 | AED 954,150 |
On 70% of Villa Completion | AED 381,660 |
On 80% of Villa Completion | AED 381,660 |
On 90% of Villa Completion | AED 190,830 |
On Completion | AED 3,816,600 |
SUMMARY
Total on Transfer | AED 13,166,190 |
Total remaining Payment Plan | AED 5,724,900 |
TOTAL COST FOR BUYER | AED 18,891,090 |
PROJECT DESCRIPTION
OVERVIEW
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.
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.