DAMAC Lagoons - Valencia

1. Is it on schedule?0% built in July 2026 against a February 2028 handover: 100% left to build in 19 months · DLD project register, Jul 20260%Context
2. Is my money protected?Payments go to an escrow account at بنك أبوظبي الأول ش.م.ع., as registered with the Land DepartmentEscrowContext
3. Is the price fair?AED 1,835/sqft, 1.1% above the DAMAC Lagoons off-plan median across 4 projects+1.1%Context
4. Is it selling?1,316 off-plan sales registered in the last 12 months, of 1,558 units; the latest on 12 Oct 20261,316Context
5. Who is building it?Island Oasis, licence no. 921; 0 of its 6 dated live projects are past their registered dates0%Context

Sizes run from the 10th to the 90th percentile of registered floor area, so one mislabelled unit cannot set the range. A title is issued at handover: a live project shows few or none however many units have sold, and an untitled unit is not necessarily for sale.

Escrow agent

بنك أبوظبي الأول ش.م.ع.

Developer, as licensed

ISLAND OASIS PROPERTIES (no. 921)

Master developer

Wahat Al Jazeera Real Estate

Registered start

November 2024

Configuration

Project consists of 2 Residential Towers of G+1P+13+R & G+1P+10+R floors. It is designed to have a concrete structure and block with internal and external finishes.

Construction progress is the percentage DLD recorded in its project register as of July 2026, the latest DLD record for this project; the register lags DLD’s inspections by months, so it is dated separately. The developer is the company licensed to build it, by the register’s own licence number; the master developer owns the land under it and is often another company entirely. Off-plan price is the median of registered off-plan sales across this project’s published buildings, 12 months to 12 Oct 2026.

When will DAMAC Lagoons - Valencia be completed?

The developer registered handover for February 2028, 19 months after DLD’s latest record, and the project was 0% built as of July 2026. A registered date is the developer’s own, not a delivery forecast. Dubai Land Department project register as of July 2026.

What does DAMAC Lagoons - Valencia cost per square foot?

AED 1,835 per sqft, the median of 1,316 registered off-plan sales in the 12 months to 12 Oct 2026; the median unit sold for AED 787,000. That is 1.1% above the DAMAC Lagoons off-plan median across 4 projects.

Is DAMAC Lagoons - Valencia in escrow?

Yes: the Land Department register names بنك أبوظبي الأول ش.م.ع. as the project’s escrow agent, the bank that holds buyers’ payments for the developer. Dubai Land Department project register as of July 2026.

Who is the developer of DAMAC Lagoons - Valencia?

ISLAND OASIS PROPERTIES, licence no. 921, by the register’s own licence number; the master developer that owns the land is Wahat Al Jazeera Real Estate. Dubai Land Department project register as of July 2026.

How many units does DAMAC Lagoons - Valencia have?

1,558 registered units, of which 0 have a title issued. A title is issued at handover, so a live project shows few or none however many units have sold. Dubai Land Department project register as of July 2026.