From dusk till dawn, the build never stops. At Safa Two, every shift brings new progress, with precision, expertise and teamwork shaping what comes next. #DAMAC #SafaTwo #ConstructionUpdate
Office and residential towers in Business Bay, Dubai. A general view of Dubai, not this projectPhoto: giggel, Wikimedia Commons, CC BY 3.0, resized and cropped
The short answer
DAMAC Lagoons - Mykonos is active on the DLD register, completion date 31 Dec 2025. It was 81.06% built at DLD’s inspection on 30 Sep 2026.
Completion dateSourceDLD project registerWindowcompletion dateFigureas the register lists itDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
31 Dec 2025
on the DLD register
BuiltSourceDLD project registerFigure% built at DLD’s latest inspectionDatasales to 5 Oct 2026 · DLD register read 13 Oct 2026How it is worked out
81.1%
DLD inspection, 30 Sep 2026
Home salesSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFigureflats and villas, no data-quality flagDatasales to 5 Oct 2026How it is worked out
0
Oct 2025–Sep 2026
Median home priceSourceDLD registered salesWindowOct 2025–Sep 2026Based on0 salesFiguremedian of registered home sales, not an asking priceDatasales to 5 Oct 2026Fewer than 5 sales: no median shownHow it is worked out
—
0 home sales, Oct 2025–Sep 2026
Sales, 12 monthsSourceDLD registered salesWindowOct 2025–Sep 2026Based on49 salesFigureregistered sales of every property typeDatasales to 5 Oct 2026How it is worked out
49
−72% on Oct 2024–Sep 2025
The DLD project register
ActiveCompletion date on the DLD register: 31 Dec 2025
81.06% built at DLD’s inspection on 30 Sep 2026.
Started12 Feb 202381.1% builtinspection 30 Sep 2026Completion31 Dec 2025
Built, at DLD’s latest inspection81.06%
- DLD project number
- 2487
- Status
- Active
- Completion date
- 31 Dec 2025
- Start date
- 12 Feb 2023
- Registered
- 21 Oct 2022
- Developer
- Island Oasis Properties · DLD developer 921
- Escrow account bank
- Emirates Nbd Bank ()
- Units
- 575
Inspection history: 11 inspections on the register
| Inspection date | Built |
|---|---|
| 30 Sep 2026 | 81.06% |
| 9 Jul 2026 | 79.74% |
| 13 May 2026 | 77.48% |
| 27 Nov 2025 | 60.98% |
| 19 Jun 2025 | 53.13% |
| 20 Feb 2025 | 43.9% |
| 26 Sep 2024 | 21.23% |
| 17 Apr 2024 | 6.97% |
| 21 Aug 2023 | 0.58% |
| 4 May 2023 | 0.3% |
| 1 Feb 2023 | 0% |
Source: Dubai Land Department project register, read 13 Oct 2026. The register’s own figures, shown as it lists them.
Developer’s reply: none yet. DAMAC can send a reply about these figures; replies are checked before they’re published and never change a number. How developers reply
Statement ID S-2487-H1 · DLD register read 13 Oct 2026
Latest registered sales
All recent sales| Date | Type | Sq ft | Price | AED /sq ft | vs area |
|---|---|---|---|---|---|
| 25 Sep 2026 | Land Ready | 2,403 | AED 3.5m | — | — |
| 14 Sep 2026 | Land Ready | 1,552 | AED 2.3m | — | — |
| 24 Aug 2026 | Land Ready | 1,548 | AED 2.5m | — | — |
| 20 Aug 2026 | Land Ready | 1,552 | AED 2.5m | — | — |
| 17 Aug 2026 | Land Ready | 1,550 | AED 2.5m | — | — |
| 13 Jul 2026 | Land Ready | 1,550 | AED 2.5m | — | — |
| 6 Jul 2026 | Land Ready | 2,364 | AED 4.2m | — | — |
| 26 Jun 2026 | Land Ready | 1,550 | AED 2.4m | — | — |
| 12 Jun 2026 | Land Ready | 1,550 | AED 2.9m | — | — |
| 2 Jun 2026 | Land Ready | 1,552 | AED 2.8m | — | — |
Every type of sale, newest first; DLD publishes no time of day. Price per sq ft for homes only. “vs area”: against the median for that size in Al Hebiah Fifth, Oct 2025–Sep 2026.
DAMAC’s newest ads
None of DAMAC’s 39 running ads names DAMAC Lagoons - Mykonos; these are the newest, from Meta’s Ad Library on 26 Oct 2026. Prices and claims in ads are the developer’s, not checked against DLD records.
A new wave of luxury living is taking shape on Dubai’s coastline. DAMAC Bay by Cavalli has reached 35% overall progress, with 65% of the superstructure complete and 15% of the facade now taking shape. As the vision rises, a new expression of coastal luxury draws closer to reality. #DAMAC #DAMACBayByCavalli #LuxuryLiving #ConstructionUpdate
Your new view is waiting. Introducing Sorrento Lagoon Views, with studios and 1-Bedroom apartments. #DAMAC #LuxuryLiving #SorrentoLagoonViews
50,000+ homes delivered, shaped by the relationships behind them. A few words from valued partners who have been part of the journey. #DAMAC #DAMAC50K #OneFamily
Al Hebiah Fifth market insights
Registered with DLD under the district Al Hebiah Fifth, 2019 to 5 Oct 2026.
AED 1,647Sep 2026+125%on Oct 2023
Each point is the median price per square foot of the month’s registered home sales (flats and villas). A month with fewer than 10 home sales is left as a gap. Registered prices, not asking prices.
Most sold size
Studio
Share of the home sales over Oct 2025–Sep 2026 that recorded a bedroom count
Sales a year
2,809 sales2025+1613%on 2019
Full years only, registered sales of every type. 3,028 sales in 2026 to 5 Oct.
Off-plan share
61% of the 3,615 sales over Oct 2025–Sep 2026 were registered as off-plan, DLD’s own registration type.
The full record
every figure behind the summarySales by year and by month
| Year | Sales | Off-plan | Ready | Value | Median home price | Median AED /sq ft |
|---|---|---|---|---|---|---|
| 2023 | 359 | 0 | 359 | AED 1.00bn | — | — |
| 2024 | 64 | 0 | 64 | AED 200m | — | — |
| 2025 | 183 | 0 | 183 | AED 591m | — | — |
| 2026 to 5 Oct | 25 | 0 | 25 | AED 69.0m | — | — |
Sales and value: registered sales of every property type since Jan 2019. Off-plan: DLD’s registration type; Ready: every other sale. Medians: home sales only, shown with 5 or more.
631sales registered, May 2023 to Sep 2026
Every registered sale, all property types.
Other projects in Al Hebiah Fifth
3,615 sales were registered in Al Hebiah Fifth over Oct 2025–Sep 2026, with homes at a median AED 1,651 per sq ft over Jul–Sep 2026.
| Project | Developer | DLD register | Sales, Oct 2025–Sep 2026 | Median home price |
|---|---|---|---|---|
| DAMAC Lagoons - Valencia | DAMAC | Due Feb 2028 | 1,278 | AED 785k |
| DAMAC Lagoons - Lagoon Views 13 | DAMAC | Due Dec 2027 | 525 | AED 1.2m |
| Reportage Hills | Reportage | Due Jun 2028 | 317 | AED 2.0m |
| Remraam | Dubai Properties | Finished | 249 | AED 790k |
| DAMAC Lagoons - Portofino | DAMAC | Due Jun 2025 | 128 | — |
| DAMAC Lagoons - Costa Brava (1) | DAMAC | Finished | 104 | — |
| DAMAC Lagoons - Santorini (1) | DAMAC | Finished | 102 | — |
| DAMAC Lagoons - Malta (1) | DAMAC | Finished | 97 | — |
| DAMAC Lagoons - Costa Brava (2) | DAMAC | Finished | 86 | — |
| DAMAC Lagoons - Ibiza | DAMAC | Due Dec 2025 | 83 | — |
| DAMAC Lagoons - Santorini (2) | DAMAC | Finished | 70 | — |
| DAMAC Lagoons - Nice 1 | DAMAC | Due Jul 2025 | 66 | — |
Median home price over Oct 2025–Sep 2026, shown with 5 or more home sales.
Other projects by DAMAC
| Project | Area | Completion date | Built | Sales, Oct 2025–Sep 2026 |
|---|---|---|---|---|
| DAMAC Lagoons - Valencia | Al Hebiah Fifth | Feb 2028 | 5.2% | 1,278 |
| DAMAC District | DAMAC Hills | Mar 2029 | 4.1% | 705 |
| DAMAC Riverside Views - Azure 2 | Dubai Investment Park Second | Mar 2029 | 5.8% | 692 |
| DAMAC Riverside Views - Capri 1 | Dubai Investment Park Second | Mar 2029 | 8.2% | 638 |
| DAMAC Lagoons - Lagoon Views 13 | Al Hebiah Fifth | Dec 2027 | 6% | 525 |
| DAMAC Islands 2 - Bahamas 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 497 |
| DAMAC Islands 2 - Bahamas 1 | Al Yelayiss 1 | Jun 2030 | 0.3% | 476 |
| DAMAC Islands 2 - Cuba | Al Yelayiss 1 | Jun 2030 | 0.2% | 439 |
| DAMAC Islands 2 - Bermuda | Al Yelayiss 1 | Jun 2030 | 0.2% | 401 |
| Chelsea Residences 2 by DAMAC | Dubai Maritime City | Dec 2029 | 5.4% | 394 |
| DAMAC Islands 2 - Tahiti 2 | Al Yelayiss 1 | Jun 2030 | 0.3% | 378 |
| DAMAC Islands 2 - Maui | Al Yelayiss 1 | Jun 2030 | 0.2% | 347 |
More from DAMAC
Every DAMAC projectDubai, general view
DAMAC Lagoons - Valencia
Al Hebiah Fifth · DAMAC
Due Feb 2028DLD register
Median home price, Oct 2025–Sep 2026AED 785k
DAMAC Hills · area photo
DAMAC District
DAMAC Hills · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.3m
Dubai, general view
DAMAC Riverside Views - Azure 2
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.1m
Dubai, general view
DAMAC Riverside Views - Capri 1
Dubai Investment Park Second · DAMAC
Due Mar 2029DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Lagoons - Lagoon Views 13
Al Hebiah Fifth · DAMAC
Due Dec 2027DLD register
Median home price, Oct 2025–Sep 2026AED 1.2m
Dubai, general view
DAMAC Islands 2 - Bahamas 2
Al Yelayiss 1 · DAMAC
Due Jun 2030DLD register
Median home price, Oct 2025–Sep 2026AED 2.8m
Photos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Motor City by أمين علوان (Wikimedia Commons, CC BY-SA 4.0); Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0). Resized and cropped.
More projects in Al Hebiah Fifth
Everything in Al Hebiah FifthDubai, general view
Reportage Hills
Al Hebiah Fifth · Reportage
Due Jun 2028DLD register
Median home price, Oct 2025–Sep 2026AED 2.0m
Dubai, general view
Remraam
Al Hebiah Fifth · Dubai Properties
Finished
Finished on the DLD register
Median home price, Oct 2025–Sep 2026AED 790k
Dubai, general view
DAMAC Lagoons - Portofino
Al Hebiah Fifth · DAMAC
Due Jun 2025DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
DAMAC Lagoons - Costa Brava (1)
Al Hebiah Fifth · DAMAC
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
DAMAC Lagoons - Santorini (1)
Al Hebiah Fifth · DAMAC
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Dubai, general view
DAMAC Lagoons - Malta (1)
Al Hebiah Fifth · DAMAC
Finished
Finished on the DLD register
Fewer than 5 home sales, Oct 2025–Sep 2026—
Photos: Sheikh Zayed Road from above by monicker (Wikimedia Commons, CC BY-SA 3.0); Towers in Business Bay by giggel (Wikimedia Commons, CC BY 3.0); Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0). Resized and cropped.
Before you buy a home in DAMAC Lagoons - Mykonos
About DAMAC Lagoons - Mykonos
DAMAC Lagoons - Mykonos is a DAMAC project in Al Hebiah Fifth, Dubai, registered with the Dubai Land Department as project 2487 by Island Oasis Properties. The register lists it as active, with a completion date of 31 Dec 2025, 81.06% built at DLD’s inspection on 30 Sep 2026.
631 sales have been registered since Jan 2019, the first on 19 May 2023, 49 of them over Oct 2025–Sep 2026. The sales include 631 land plots, left out of every price figure. These are prices buyers paid, recorded at registration, not asking prices.
By sales since Jan 2019 it is 14th of the 36 projects with a registered sale in Al Hebiah Fifth, and 39th of DAMAC’s 255.
Questions about DAMAC Lagoons - Mykonos
When will DAMAC Lagoons - Mykonos be finished?
The DLD register lists a completion date of 31 Dec 2025. It was 81.06% built at DLD’s inspection on 30 Sep 2026. These are the register’s own figures, read 13 Oct 2026; we don’t forecast a finish.
Is DAMAC Lagoons - Mykonos finished?
No. The DLD register lists it as active, 81.06% built at the inspection on 30 Sep 2026.
How many sales has DAMAC Lagoons - Mykonos had?
631 sales registered with the Dubai Land Department since Jan 2019, 49 of them over Oct 2025–Sep 2026. The count includes 631 land plots, which are left out of every price figure.
Who is the developer of DAMAC Lagoons - Mykonos?
The DLD register lists Island Oasis Properties, DLD developer number 921, which we group under DAMAC.
Where is DAMAC Lagoons - Mykonos?
In Al Hebiah Fifth, Dubai. The Dubai Land Department registers its sales under the district Al Hebiah Fifth. Homes there registered at a median AED 1,651 per sq ft over Jul–Sep 2026.
Which escrow account does DLD list for DAMAC Lagoons - Mykonos?
The DLD project register lists an escrow account with Emirates Nbd Bank () for DAMAC Lagoons - Mykonos.
Cite this page
DAMAC Lagoons - Mykonos, Al Hebiah Fifth. Real Estate IQ, from DLD registered sales to 5 Oct 2026 and the DLD project register read 13 Oct 2026. dubairealestateiq.com/project/damac-lagoons-mykonos
Sources: Dubai Land Department open data, registered sales to 5 Oct 2026, via Dubai Real Estate Data (CC BY 4.0), processed by Real Estate IQ; DLD project register, read 13 Oct 2026. Registered prices, not asking prices or valuations. How the figures are worked out.
Read next
GuideHow to check a Dubai off-plan project’s completion date
GuideAsking price or registered price: how to check a quote
TrackerActive projects on the DLD register, with their completion datesPhotos: Towers under construction, Dubai by Leandro Neumann Ciuffo (Wikimedia Commons, CC BY 2.0); Dubai Marina at night by Gfilip (Wikimedia Commons, CC BY-SA 4.0); Dubai skyline at dusk by imran shahabuddin (Wikimedia Commons, CC BY 2.0). Resized and cropped.