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DAMAC LAGOONS - PORTOFINO

Project

ISLAND OASIS PROPERTIES

Project typeVillas

Master developerواحة الجزيرة العقارية (ش.ذ.م.م)

Escrow agentبنك الإمارات دبي الوطني (ش.م.ع)

Plots872

StatusStarted

Completed81.6%

Start2022-04-24

Handover2025-06-29

Villa867

Project consists of 877 Nos. of G+1 and G+2 Villas located in Al Hebiah Fifth, Dubai. The villas are designed to have a concrete structure and block with internal and external finishes.

Villa

3 B/R262

4 B/R346

5 B/R210

7 B/R49

Official sales

Sales from 2022–2026

Number of sale deals1,331

Land1,331

Median sale price1,926,000 AED

Median price per sqft1,159 AED

Official rent

Rent from 2026

Number of rent contracts77

Villa77

3 bedrooms31

Median year rent130,000 AED

4 bedrooms34

Median year rent145,000 AED

5 bedrooms and more12

Median year rent185,000 AED