Is this a good buy?
Buy / Watch / Skip verdict scored against similar homes.
BUY 77/100 conviction
OFF-PLANOFF-PLANMOTIVATED SELLER
// Wolfie Verdict
BUY77 / 100 conviction
Single Row | Genuine Resale | Best Layout is tracking close to the Damac Lagoons community average at AED 1,742/sqft. Estimated net yield of 6.0% trails the community benchmark of 7.5%, and Wolfie projects a 5-year appreciation of 55.3% based on Damac Lagoons's 9.2% annual growth rate.
Best exit path: Flip at Y1 — an estimated AED 423,000 profit if you sell in Year 1. Seller has dropped asking 7.2% since listing — negotiation room sits above market.
// Investment Summary
Numbers at a glance
| Entry price | AED 2.7M |
| Price / sqft | AED 1,742 |
| Cheaper than area average | +2.5% |
| Net yield | 6.0% |
| Area average rent return | 7.5% |
| Annual appreciation | +9.2% |
| Y5 projected value | AED 4.19M |
| Service charge | AED 18/sqft |
| Golden Visa eligible | Yes (≥ AED 2M) |
| Days on market | 240 days |
| How long homes usually take to sell here | 90 days |
// Price Intelligence
Days on market & room to negotiate
The seller has reduced the price twice and it has been listed for 240 days — longer than usual. You have room to negotiate.
Days on Market
240
Community Avg DOM
90
Total drop since listing
-7.2%
Reduced
July 2026
AED 2.70M
↘ 78K (2.9%)
Reduced
April 2026
AED 2.78M
↘ 124K (4.6%)
Listed
November 2025
AED 2.91M
// Location & Investment Impact
Location Analyzer
Portofino, Damac Lagoons, Dubai, United Arab Emirates
What’s nearby
Metro station
Nearest Metro (feeder bus)
20 min
Major road
Hessa Street
6 min
Beach / waterfront
Crystal Lagoon
3 min
Shopping centre
First Avenue Mall
10 min
School
Jebel Ali School
12 min
Hospital
Mediclinic Parkview
14 min
Business hub
Dubai Production City
16 min
What this location means for your investment
Homes in Damac Lagoons command around a 8% rental premium over the new-community average, driven by lagoon access and resort-style amenities.
Corporate tenants from Dubai Sports City and Dubai Production City — both under 18 minutes away — keep demand steady year round.
Early-stage community pricing and a heavy launch pipeline point to strong appreciation runway.
Location Score
6.7/ 10
Property description
Property Reference: AGR-S-3389A
Ask Wolfie offers you this 4-Bedroom Townhouse for Sale located at Portofino in DAMAC Lagoons, a vibrant collection of Italian-inspired townhouses and villas.
Property Details:
* 4 Bedroom
* 4 Bathroom
* Car Parking
* Modern Kitchen
* Spacious Living Area
* Bright Dining Area
* Built-In Wardrobe
* Patio
* Balcony
* Single Row
Amenities:
* Retail Outlets
* Gym
* Restaurants
* Swimming Pool
* Parking Area
* CCTV Cameras
* Shopping Mall
* Children Play Area
* Mosque
* Sports Facilities
* BBQ Area
* Schools
* Community Views
* Lush Green Parks
* Sandy Beaches
* Tropical Island
* First Water Cinema
* Water Adventure
* Zip Lining
* Retail Shops
Work And Play Hub:
* Aqua Calisthenics
* Aqua Garden
* Outdoor Spa
* Outdoor Music Classes
* Working Pod
* Private Offices
* Aqua Offices
The community is designed to be surrounded by crystal lagoons, green meadows and scenic waterfalls. It is going to be equipped with the state of the art infrastructure and services such as The Community exclusive clubhouse.
Waterside restaurants and cafes, Retail shops, Wave pool, Zipline, Snorkeling, Floating Amphitheatre, Venice-style gondola rides, Water cinema, Waterpark, Fitness centers, Integrated community center, Schools, Health care-center and clinic, Pharmacies, Security services for each independent area and other captivating experiences.
For more details, please contact us;
Ask Wolfie
Floor 28th Control Tower, Motor City
RERA ORN: 23405
Email: info@askwolfie.com Website:
(Anas)
Features & Amenities
balcony
barbecue area
built in wardrobes
central ac
covered parking
childrens play area
kitchen appliances
private garden
shared pool
security
shared spa
walk in closet
shared gym
childrens pool