Community market reading
DAMAC Lagoons: May 2026 market reading
May recorded 144 off-plan apartment registrations, while villa and townhouse transactions followed a different pattern.
Off-plan apartment registrations led recorded activity.
The report's monthly residential price measure fell 0.47%, while its 12-month measure rose 14.40%. The 44 completed villa and townhouse transfers had a reported average sale value of AED 2,981,534; the 10 off-plan registrations averaged AED 2,833,200. Those are separate cohorts with potentially different home sizes and payment timing. The 144 off-plan apartment registrations averaged AED 1,096,970; no completed-apartment count is stated in the extract.
Separate new apartments from completed townhouses.
This calculation excludes apartments. The extract does not supply a completed-apartment count.
How this is calculated
(44 completed villa and townhouse transfers) ÷ (44 completed plus 10 off-plan villa and townhouse transactions) × 100. Calculated from the reported counts below, rounded to one decimal place.
The figures below refer to the stated reporting period.
DAMAC Lagoons figures reported for May 2026. No April report was supplied for this reading.
| Measure | May 2026 |
|---|---|
| Reported monthly residential price change | −0.47% |
| Reported 12-month residential price change | +14.40% |
| Reported gross residential rental yield | 6.44% |
| Completed villa/townhouse transfers | 44 |
| Off-plan villa/townhouse registrations | 10 |
| Off-plan apartment registrations | 144 |
The home type decides the comparison.
Two different markets inside one community
Apartments supplied the largest stated transaction category, with 144 off-plan registrations. Yet completed transfers dominated the reported villa and townhouse activity, with 44 against 10 off-plan. Calling the entire community either a launch market or a completed-home market would hide that difference.
The lower average off-plan villa and townhouse ticket does not establish a discount. A different home size, cluster or payment schedule could change the comparison. The report supplies transaction averages rather than matched-home valuations.
Read the monthly and annual measures together
The 0.47% monthly decline sits alongside a 14.40% annual increase. The figures support a softer May within a stronger twelve-month period, not a conclusion about the next launch or the next year's return. The 6.44% gross yield also sits before the ownership and operating costs of a particular home.
The useful comparison depends on the home type and stage of delivery. A completed townhouse should be priced against similar completed homes; an off-plan apartment needs its own building, unit size and payment terms examined. The May averages are not today's offers.
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