# Damac Lagoons - Malta (1)

Damac Lagoons - Malta (1) is a project by Island Oasis Properties, recorded at 100% complete at its last Dubai Land Department inspection. 97 sales registered in the trailing 12 months at a median AED 2.60M. Registry facts come from DLD; prices are registered transactions, not asking prices.

## Registry record

| Field | Value | Provenance |
|---|---|---|
| Developer | Island Oasis Properties | DLD verified |
| Status | Finished | DLD verified |
| Construction progress | 100% | DLD verified |
| Registered with DLD | 26 May 2022 | DLD verified |
| Construction started | 23 Aug 2022 | DLD verified |
| Declared completion | 29 Sep 2025 | DLD verified |
| Units in the project | 760 | DLD verified |
| Project area | 135 695 sqm | DLD verified |
| Escrow agent | First Abu Dhabi Bank P.J.S.C. | DLD verified |
| Project number | 2400 | DLD verified |

Damac Lagoons - Malta (1) is a project by Island Oasis Properties, recorded at 100% complete at its last Dubai Land Department inspection. 97 sales registered in the trailing 12 months at a median AED 2.60M. Registry facts come from DLD; prices are registered transactions, not asking prices.

| Measure | Value | Year on year |
|---|---|---|
| Median sale price | AED 2.60M | +9.2% |
| Interquartile range | AED 2.50M – AED 3.00M | |
| Median price per sqft | — AED | — |
| Registered sales, 12 months | 97 | -28.7% |
| Off-plan share | 0.0% | |

## Price per square foot by month

| Month | Sales | Median AED/sqft | IQR |
|---|---|---|---|

## What these numbers do not show

- Prices from the developer. Nothing here is a price list, a payment plan or availability — these are transactions already registered with DLD.
- Whether construction is moving. The completion percentage is the figure recorded at the last technical inspection, and inspections are irregular: an unchanged number does not mean work stopped.
- A handover promise. The declared completion date is a registry field, not a commitment.
- Asking prices. Everything here is a registered transaction; what a home was listed at is a different number.
- Off-market and cash-equivalent deals that never reach the registry, and the price actually negotiated before registration.
- Service charges, chiller fees, agency commission, DLD transfer fees or mortgage costs — none of them are inside these prices.

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**Source:** Dubai Land Department open data, compiled by Continental Club Property  
**Data through:** 22 Oct 2026  
**Methodology:** https://datadubai.ae/methodology/ (v1.0)  
**License:** Reuse permitted with attribution  
**Canonical:** https://datadubai.ae/projects/damac-lagoons-malta-1/  
**Suggested citation:** Continental Club Property, "Damac Lagoons - Malta (1)", Dubai Data, data through 22 Oct 2026, https://datadubai.ae/projects/damac-lagoons-malta-1/  
**Disclaimer:** Registered transactions, not asking prices. Not investment advice, not a valuation. Not affiliated with or endorsed by the Dubai Land Department.