DAMAC Properties · Selling since 2024 · recent sales mostly off-plan
AED 1,527/sqft
—
AED 1,305,028
AED 810,991 to AED 1,628,113, from 1.8 years of this project's own history. A trend, not a forecast.
Wide range
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Damac Lagoons - Lagoon Views 12 — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Damac Lagoons - Lagoon Views 12 over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Damac Lagoons - Lagoon Views 12 itself; the rest are homes of the same size in Dubai Production City, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 1 bed | AED 1.49M | AED 54,734/yrsame size in Dubai Production City | 3.7% | 10 |
| 2 beds | AED 2.2M | AED 68,000/yrsame size in Dubai Production City | 3.1% | 10 |
Why this is lower than yields quoted elsewhere
The usual shortcut divides today’s rent by an average price — and in a market that has risen as far as Dubai’s, the average is a historical price. On that arithmetic a 1 bed here reads 4.1% instead of 3.7%, because it prices the home at AED 1.32M — the median across every sale on record — rather than the AED 1.49M it costs today. Every figure above uses the same twelve months on both sides.
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 1 bed | AED 11,483 | AED 43,251 | 3.7% | 2.9% |
| 2 beds | AED 17,103 | AED 50,897 | 3.1% | 2.3% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Dubai Production City median
-7.2%
Priced at or below the area's real median.
Developer track record
18,899 real transactions
0 completed · 42 off-plan/in progress
Full track record →Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →Reportage Hills
Reportage Prime Properties L.L.C
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