Distress Property, OFF PLAN

Distress Deal | DAMAC Lagoons Morocco | 5BR Townhouse in DAMAC Lagoons | At Cost (OP + 4% DLD) Below OP | Lagoon and Community View

Ref: DAMAC-LAGOONS-MOROCCO-5BR-TH-DISTRESS-001

Damac Properties

Damac lagoon, United Arab Emirates

Bedrooms

5

Down Payment

On Request

Handover Date

Q4 2026
aed 4,150,000
Request_call
Description
  • 5 Bedroom Corner Townhouse — Lagoon Cluster, DAMAC Properties, DAMAC Lagoons, Dubai, UAE — Corner unit — largest outdoor area of any Morocco cluster unit.
  • 3,468 sqft BUA (322.18 sqm) | 2 Covered Parking | Semi-Furnished | Lagoon and Community View | Ground + 2 Storeys
  • Asking Price: AED 4,150,000 — AED 0 (At Cost (OP + 4% DLD)) below original price of AED 3,990,385; AED 550,000 below current market value of AED 4,700,000
  • Payment status: 60% paid by seller (AED 2,490,000); buyer assumes remaining 40% (AED 1,660,000) at Q4 2026
  • Handover: Q4 2026 | DAMAC Lagoons Morocco — Moroccan medina-inspired lagoon village with crystal lagoon, floating cinema and private beach

What is this DAMAC Lagoons Morocco 5BR deal in DAMAC Lagoons?

This is a verified motivated-seller distress listing at DAMAC Lagoons Morocco by DAMAC Properties in DAMAC Lagoons. The seller is exiting at AED 0 (At Cost (OP + 4% DLD)) below the original purchase price of AED 3,990,385, handing the incoming buyer AED 550,000 in immediate paper equity versus the current secondary market value of AED 4,700,000. At AED 1,197/sqft, this 3,468 sqft 5BR enters the DAMAC Lagoons market at a price that is AED 159/sqft below the current DAMAC Lagoons resale comparable of AED 1,356/sqft — a built-in discount of 11.7% from the moment of signing. DAMAC Lagoons recorded 5,800 DLD-registered residential transactions in 2025, up 42% year-on-year, confirming the depth of buyer liquidity that supports any future disposal.

The unit is positioned on Ground + 2 Storeys at DAMAC Lagoons Morocco, delivering Lagoon and Community View. Semi-Furnished specification means the buyer benefits from the flexibility to finish the unit to their own specification while capitalising on the seller discount. Handover is scheduled for Q4 2026, with 60% of the original purchase price already paid by the seller. The buyer assumes only the remaining 40% (AED 1,660,000) at Q4 2026 handover — providing cashflow planning runway of 12 or more months between transfer and final payment.

The seller’s exit is driven by a genuine personal liquidity need — not a change in market outlook, developer delivery risk or asset-specific concern. Having committed AED 2,490,000 (60% of the original price) in capital, the seller is crystallising a zero-profit exit rather than holding through the remaining construction period to the Q4 2026 handover. For the buyer, this is an entry at AED 1,197/sqft against a DAMAC Lagoons resale market of AED 1,356/sqft and new off-plan launches pricing at AED 1,450/sqft — a simultaneous discount to both current resale and future replacement cost that cannot be achieved through any direct developer channel in DAMAC Lagoons today.

DAMAC Lagoons Morocco DAMAC Lagoons — Property Specifications

  • Project: DAMAC Lagoons Morocco
  • Developer: DAMAC Properties
  • Community: DAMAC Lagoons, Dubai
  • Unit Type: 5 Bedroom Corner Townhouse — Lagoon Cluster
  • BUA: 3,468 sqft (322.18 sqm)
  • Bathrooms: 4
  • Parking: 2 Covered Spaces
  • Floor: Ground + 2 Storeys
  • View: Lagoon and Community View
  • Furnishing: Semi-Furnished
  • Handover: Q4 2026
  • Ownership Type: Freehold — Open to All Nationalities
  • Listing Reference: DAMAC-LAGOONS-MOROCCO-5BR-TH-DISTRESS-001

Payment Plan Breakdown — What the Buyer Takes Over

  • 60% Already Paid by Seller: AED 2,490,000 — seller has paid 60% of the original purchase price of AED 3,990,385 to DAMAC Properties across multiple installments
  • Buyer Transfer Payment to Seller (at MOU): AED 2,490,000 — buyer pays seller the agreed price minus the outstanding handover installment at MOU execution
  • DLD Registration Fee (4% of Selling Price): AED 166,000 — mandatory property transfer fee paid by buyer directly to DLD at novation registration
  • Developer NOC and Transfer Fee (DAMAC Properties): approx. AED 5,000–6,500 — standard developer No Objection Certificate and administrative fee
  • 40% Final Installment — On Handover (Q4 2026): AED 1,660,000 — final payment due directly to DAMAC Properties at unit handover, assumed by buyer on novation
  • TOTAL ALL-IN BUYER COST: AED 4,321,500 (purchase price AED 4,150,000 + DLD AED 166,000 + NOC approx.). Zero agent fee for buyer.

The transfer process works via a DAMAC Properties-approved novation: the seller is legally replaced on the original SPA by the new buyer with the developer’s written consent. The seller first obtains a No Objection Certificate from DAMAC Properties confirming no arrears or disputes; both parties execute an MOU with a 10% escrow deposit of AED 415,000; DAMAC Properties, the seller and the buyer sign the novation SPA; the buyer registers at the Dubai Land Department and pays the 4% DLD fee of AED 166,000 directly. The buyer then assumes the final 40% installment of AED 1,660,000 due at Q4 2026 handover. DistressPropertyFinder.com coordinates the full process — from initial documentation review and NOC procurement through to DLD title registration.

Pricing Analysis — Why This is a Deal in 2026

  • Original Purchase Price (OP): AED 3,990,385
  • DLD Registration Fee (4%): AED 166,000
  • Total Original Cost (OP + DLD): AED 4,156,385
  • Seller’s Asking Price: AED 4,150,000
  • Seller’s Loss vs OP: AED 0 (At Cost (OP + 4% DLD)) — genuine cash loss, not a paper adjustment
  • Current DAMAC Lagoons Market Value: AED 4,700,000
  • Buyer’s Day-One Unrealised Equity: AED 550,000 (13.3% of acquisition price)
  • This Listing — Price per Sqft: AED 1,197/sqft
  • DAMAC Lagoons Current Resale Market — Price per Sqft: AED 1,356/sqft (source: DAMAC Lagoons Morocco 5BR townhouse current market)
  • New Off-Plan Launches in DAMAC Lagoons (2025–2026): AED 1,450+/sqft
  • Estimated Gross Rental Yield at Asking Price: 4.7%–6.3% p.a.
  • Estimated Annual Rent (Mid-Range): AED 218,000/yr
  • Estimated Annual Service Charge: AED 35,000/yr
  • Total All-In Acquisition Cost (Price + DLD): AED 4,316,000
  • Agent Fee for Buyer: Zero

At AED 1,197/sqft, this unit sits AED 159/sqft (11.7%) below the current DAMAC Lagoons secondary market average and AED 253/sqft below comparable new off-plan launches — meaning any buyer entering through a developer channel today would pay materially more for an equivalent DAMAC Lagoons address with a 2–3 year construction wait and no existing owner discount. At a gross rental yield of 5.3% on the mid-range annual rent estimate of AED 218,000, this unit provides AED 183,000/yr net of service charges on a day-one basis — before any capital appreciation across the Q4 2026 hold period is factored in.

DAMAC Lagoons Location — Why This Community Matters

DAMAC Lagoons is a 45-million sqft themed townhouse master-development in Dubailand, comprising 8 villages each inspired by a Mediterranean destination (Morocco, Marbella, Costa Brava, Ibiza, Venice, Nice, Santorini, Malta). The community features crystal-clear man-made lagoons, lazy rivers, private beaches and outdoor cinemas within each village cluster. DLD transaction volumes grew 42% year-on-year in 2025, reflecting the strongest demand trajectory of any Dubai villa/townhouse community.

DAMAC Lagoons is served by Mohammed bin Zayed Road (E311) — 25 minutes to Dubai Marina, 35 minutes to Downtown. DAMAC Hills 1 and 2 communities are adjacent. The area’s proximity to Dubai Expo City and Al Maktoum International Airport (planned expansion 2030) positions it for long-term infrastructure tailwinds.

4BR townhouses in DAMAC Lagoons command AED 140,000-190,000/yr in annual leases, with fully operational villages (Morocco, Costa Brava) demonstrating strong tenant demand from families priced out of DAMAC Hills. Costa Brava’s ready inventory provides immediate rental income — a distinct advantage over off-plan competing clusters where rental income requires a 12-24 month wait.

DAMAC Lagoons transactions grew 42% in 2025 — the highest growth rate of any Dubai community by volume. Villa/townhouse markets across Dubai saw 10-20% price appreciation in H1 2025 (Knight Frank data), with DAMAC Lagoons outperforming. New Lagoons phase launches are pricing above AED 1,400/sqft in 2026, confirming that Morocco (selling at cost) and Marbella units at sub-AED 1,200/sqft represent genuine below-replacement value.

DAMAC Lagoons Distances & Connectivity

  • DAMAC Hills 1: 5 km — Established Community
  • Mall of the Emirates: 18 km — Mega Mall
  • Dubai Marina: 20 km — Marina & Lifestyle
  • JBR Beach: 22 km — Beach & Leisure
  • Dubai International Airport DXB: 35 km — International Airport
  • Burj Khalifa: 25 km — Iconic Landmark
  • Global Village: 15 km — Entertainment
  • Expo City Dubai: 20 km — Innovation Hub

DAMAC Lagoons Morocco — Building & Amenities

  • Morocco Village Private Crystal Lagoon
  • Moroccan Medina-Inspired Community Architecture
  • Floating Cinema on Lagoon
  • Outdoor Cinema and Entertainment Amphitheatre
  • Sandy Beach Pool and Lagoon Beach
  • Fitness Centre and Outdoor Gym
  • 24-Hour Security
  • 2 Covered Parking Spaces
  • Corner Plot with Extra-Large Outdoor Space
  • Kids Play Area and Water Splash Pad
  • BBQ Zone
  • Cycling and Running Tracks
  • Community Clubhouse
  • Landscaped Arabic Garden

Who Should Buy This DAMAC Lagoons Morocco 5BR in DAMAC Lagoons?

  1. The Capital-Efficient Below-Market Investor: You have been tracking DAMAC Lagoons fundamentals and seeking a distress entry below current resale pricing. At AED 1,197/sqft versus market AED 1,356/sqft and new off-plan at AED 1,450/sqft, this unit provides AED 550,000 in day-one unrealised equity — a 13.3% immediate paper return. DAMAC Properties’s construction milestone system and RERA-regulated escrow account de-risk the Q4 2026 handover. At a conservative AED 218,000/yr annual rent post-handover, gross yield of 5.3% compares favourably with European prime residential at 2-4%.
  2. The End-User Buyer or Lifestyle Purchaser: You are currently renting in DAMAC Lagoons or a neighbouring community and want to own rather than lease. Typical 5BR rents in DAMAC Lagoons range from AED 195,000 to AED 260,000/yr — equating to a mortgage-equivalent buy decision. At AED 4,316,000/yr all-in (including DLD, zero agent fee), ownership of a 3,468 sqft Semi-Furnished 5BR with Lagoon and Community View delivers both lifestyle value and equity accumulation that renting cannot replicate. Handover in Q4 2026 aligns with most standard lease renewal cycles, enabling a seamless transition from tenant to owner.
  3. The Portfolio Diversifier and Institutional Acquirer: You already hold property in a mature Dubai sub-market and are seeking a high-conviction, below-replacement-cost position in DAMAC Lagoons to diversify your income base. DAMAC Properties’s brand provides institutional-quality exit liquidity at any future disposal — secondary buyers recognise the developer premium and price accordingly. The AED 550,000 built-in equity provides a meaningful margin of safety against short-term market softening, while the semi-furnished specification allows cost-controlled customisation with the discount providing the capex budget. DAMAC Lagoons’s 5,800 annual transactions (2025) confirm strong liquidity depth for a future exit at any timeline.

How to Acquire This DAMAC Lagoons Morocco Unit — Step by Step

  1. Express Interest (Day 0): Contact Distress Property Finder quoting listing reference DAMAC-LAGOONS-MOROCCO-5BR-TH-DISTRESS-001. We share full SPA, all payment receipts (AED 2,490,000 confirmed to DAMAC Properties), unit floor plan and title deed extract within 24 hours.
  2. Documentation Review (Day 1–3): Examine the original SPA with DAMAC Properties, DLD registration certificate, all installment payment receipts, and current building progress report. Independent legal review via a UAE-registered conveyancer is recommended.
  3. Sign MOU — Form F (Day 3–7): Execute the Memorandum of Understanding with the seller. A 10% deposit of AED 415,000 is held by a DLD-registered trustee in escrow pending NOC.
  4. Obtain DAMAC Properties NOC (Day 7–17): DistressPropertyFinder.com submits the novation application to DAMAC Properties. NOC is typically issued within 5–10 business days. Developer NOC and transfer fee of approximately AED 5,000–6,500 applies.
  5. Execute Novation SPA (Day 15–20): DAMAC Properties, the seller and the buyer sign the novation SPA. The buyer is now the registered purchaser on the DAMAC Properties SPA for the remaining 40% at Q4 2026 handover..
  6. Dubai Land Department Registration (Day 17–22): Both parties attend DLD (or authorise a licensed registered agent). Buyer pays DLD registration fee of AED 166,000 (4% of selling price) directly to DLD. Title deed issued: 1–3 business days.
  7. Final Payment to Seller (Day 17–22): Buyer pays AED 2,490,000 to the seller at DLD registration. MOU escrow deposit is credited against this amount.
  8. Monitor Construction and Prepare for Handover (Post-Transfer): Buyer monitors DAMAC Properties construction updates and prepares AED 1,660,000 (40%) for Q4 2026 handover. DistressPropertyFinder.com manages the full process from MOU to title deed.

Features

24x7 Security
24x7 Security
Covered Parking
Covered Parking
Gym
Gym
kids play area
kids play area
Outdoor cinema
Outdoor cinema
Parking Area
Parking Area
RESTAURANTS
RESTAURANTS
RETAIL OUTLETS
RETAIL OUTLETS
Swimming Pool
Swimming Pool

Gallery

Faq's

The seller is exiting at exact cost (OP + 4% DLD), absorbing zero profit on capital invested due to a genuine personal liquidity need that has arisen independent of any market or property-specific concern. Having committed AED 2,490,000 (60% of the original price) to DAMAC Properties across multiple installments, the seller prefers to crystallise a zero-profit exit now rather than wait through the remaining obligations. Full SPA, all installment payment receipts, and unit documentation are available to verified buyers via DistressPropertyFinder.com.
This is an at-cost motivated-seller transfer: the seller is exiting at exactly what they paid — OP + 4% DLD — absorbing zero profit on a multi-year capital holding. The buyer benefits from market appreciation of AED 550,000 between the seller's original acquisition and today's secondary market value without having to wait for that appreciation. The buyer acquires at AED 1,197/sqft against a current DAMAC Lagoons resale market of AED 1,356/sqft and new off-plan launches at AED 1,450/sqft — a below-replacement-cost entry position that no direct developer channel in DAMAC Lagoons can match today.
A novation in Dubai legally replaces the original SPA buyer with a new buyer, with the developer's written consent. The process: (1) seller obtains NOC from DAMAC Properties confirming no payment arrears; (2) both parties execute MOU with 10% escrow deposit (AED 415,000); (3) DAMAC Properties, seller and buyer sign novation SPA; (4) buyer registers at DLD and pays 4% fee (AED 166,000); (5) buyer assumes final 40% (AED 1,660,000) at Q4 2026 handover. DistressPropertyFinder.com manages all steps including NOC procurement, legal review, escrow and DLD registration.
At AED 1,197/sqft — 11.7% below DAMAC Lagoons current resale market AED 1,356/sqft — this unit offers AED 550,000 in day-one equity with a gross rental yield estimate of 5.3% at the mid-range annual rent of AED 218,000. DAMAC Lagoons DLD transactions grew 42% year-on-year in 2025 to 5,800 annual transactions, confirming institutional liquidity depth. DAMAC Properties's portfolio track record — with a history of on-schedule delivery across comparable projects — de-risks this investment's execution. New off-plan launches in DAMAC Lagoons at AED 1,450/sqft confirm that this distress acquisition is below the cost of replacement — a position that structurally supports long-term price stability.
A 5BR apartment in DAMAC Lagoons with Lagoon and Community View currently achieves AED 195,000–AED 260,000 per year in annual Ejari-registered leases, based on 2025–2026 active listing and transaction data. Semi-Furnished specification adds a 15–20% premium over unfurnished comparable units. At the AED 4,150,000 acquisition price, the mid-range annual rent of AED 218,000 equates to a gross rental yield of 5.3% before service charges of approximately AED 35,000/yr — delivering a net yield of approximately 4.4%. The captive tenant profile in DAMAC Lagoons — high-income waterfront lifestyle seekers — supports structurally low vacancy rates.
Total buyer costs at transfer are: transfer amount to seller AED 2,490,000; DLD registration fee AED 166,000 (4%); developer NOC and transfer fee approx. AED 5,000–6,500. Total immediate outlay approx. AED 2,661,500. The remaining 40% (AED 1,660,000) is due at Q4 2026 handover — providing 9-12 months of cashflow planning time between transfer and final payment. Agent fee for the buyer is zero — DistressPropertyFinder.com is compensated exclusively by the seller. Total all-in acquisition cost including DLD: AED 4,316,000.
DAMAC Lagoons offers comparable versus Downtown Dubai's 5.0–5.5% gross yield, at a significantly lower entry price of AED 1,197/sqft versus Downtown's AED 3,800–4,800/sqft for comparable apartments. While Downtown is the world's most recognised luxury brand address and provides unmatched long-term institutional exit liquidity, DAMAC Lagoons is in an active appreciation phase supported by 42% YoY transaction growth and AED 1,450/sqft new off-plan pricing, confirming early-mover investors are acquiring below replacement cost today. Crucially, this specific distress listing at AED 1,197/sqft provides an asymmetric entry where the AED 550,000 built-in market discount creates a margin of safety that Downtown purchasers at AED 3,800–4,800/sqft simply do not have.
An off-plan novation for a DAMAC Properties unit typically closes in 3–6 weeks from MOU signing. Critical path: DAMAC Properties NOC (5–10 business days); novation SPA execution (1–3 business days); DLD registration (1–3 business days). Buyers should be prepared to pay the transfer amount and DLD fees within 21–30 days of MOU. The final handover balance of AED 1,660,000 is due at Q4 2026 — well beyond the transfer completion date. DistressPropertyFinder.com has established relationships with DAMAC Properties's NOC and developer services team, ensuring no administrative delays on this time-sensitive listing. All documentation — SPA, receipts, floor plan, title extract — is available for immediate review upon enquiry. Reference: DAMAC-LAGOONS-MOROCCO-5BR-TH-DISTRESS-001.

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