Is this a good buy?
Buy / Watch / Skip verdict scored against similar homes.
BUY 80/100 conviction
FOR SALEMOTIVATED SELLER
// Wolfie Verdict
BUY80 / 100 conviction
End Corner | Huge Layout | Ready to Move | Vacant is priced below the Damac Lagoons community average at AED 1,371/sqft. Estimated net yield of 5.7% 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 653,932 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 4.25M |
| Price / sqft | AED 1,371 |
| Cheaper than area average | -19.4% |
| Net yield | 5.7% |
| Area average rent return | 7.5% |
| Annual appreciation | +9.2% |
| Y5 projected value | AED 6.6M |
| 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 4.25M
↘ 123K (2.9%)
Reduced
April 2026
AED 4.37M
↘ 196K (4.6%)
Listed
November 2025
AED 4.58M
Community comparables
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// Location & Investment Impact
Location Analyzer
Santorini, 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-3976
Ask Wolfie is delighted to offer this Brand New 5 Bedroom + Maid Townhouse in SANTORINI, DAMAC LAGOONS.
Property Highlights:
Cluster: Santorini
Damac Lagoons
5 spacious bedrooms with built-in wardrobes
Maids room
5 Bthrooms
Powder room
Bright, open-plan living and dining area
Corner unit
BUA: 3101 sqft
PLOT: 2364 sqft
Stylish kitchen with contemporary fittings and ample storage
Private garden – ideal for entertaining or relaxing
Covered parking
Corner unit – more privacy, more light
Rooftop Access
Unfurnished
Vacant
End corner
Back to back
Near park and upcoming mosque
For more details, please contact us;
Ask Wolfie
Floor 28th Control Tower, Motor City
RERA ORN: 23405
Email: info@askwolfie.com
(Temur)
Features & Amenities
balcony
built in wardrobes
central ac
covered parking
maids room
kitchen appliances
private garden