The majority of future affordable townhouse supply in Dubai is concentrated in the suburbs and Dubai South, with Damac leading the development of most of this inventory.

2021 – 2023:

• Damac Lagoons' clusters were fully sold out, with handovers set to start soon and continue through 2028.

Q1 2024:

• Townhouses in Riverside sold out. Handovers from 2028

Q2 2024:

• Townhouses in Sun City sold out. Handovers from 2028

Q4 2024:

• 3 to 4 clusters of Damac Islands are sold out. Handovers from 2029.

Breakdown of Supply

Most of the floor-plans in these 4 Damac communities are identical with only slight variations.

• Average price point now to purchase a 4 bedroom townhouse in one of these communitie is between AED 2.2 - 2.7 M

At these kind of prices and an average per sq. ft. of AED 1,100 - the townhouses by Damac in the suburbs are selling at

• Less than what an average 1 bedroom transacts for in prime locations of Dubai.

• What an average 2 bedroom would transact for in JBR, Dubai Marina or JLT

• What an average 3 bed apartment would transact for in JVC, Arjan or Al Furjan.

Clusters of Damac Lagoons

• These are the clusters of Damac Lagoons where we should start seeing handovers of at least Santorini, Costa Brava and Nice in 2025.

• We may also see handovers of Portofino and Venice (the only villa-only cluster) towards th end of the year or early 2026.

If you'd like to get a better understanding of resale opportunities here or if you have a requirement to sell - please don't hesitate to reach out to our team.