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Lagoon Views 5 is an under-construction apartment development by ISLAND OASIS PROPERTIES in DAMAC Lagoons, Al Hebiah Fifth, comprising 48 registered units. 50 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,629 per sqft. At AED 1,629 per sqft, Lagoon Views 5 prices 3% below the DAMAC Lagoons average of AED 1,677 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend |
|---|---|---|---|---|---|
PIX© Core Project-Wide 666 – 1,136 sqft | 48 | 1.42M | 1,629 | ↓3.4% | |
1 Bed · Apartment 666 – 798 sqft | 36 | ||||
2 Bed · Apartment 1,007 – 1,136 sqft | 12 | — |
| Date | Unit | Position | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|---|
| 11 Feb 2026 | 1 Bed | Floor 1 | 769 | 1,200,000 | 1,560 | -0.2% | Standard | Off-Plan Sale |
| 22 Jan 2026 | 1 Bed | Floor 1 | 791 | 1,005,040 | 1,271 | -18.7% | Standard | Off-Plan Sale |
| 5 Dec 2024 | 2 Bed | Floor 2 | 1,136 | 2,087,000 | 1,838 | — | Standard | Off-Plan Sale |
Comparables
How this project prices against its peers, ranked by PIX© price per square foot.
Comparable projects in DAMAC Lagoons
The closest-priced registered projects in DAMAC Lagoons.
Common questions about Lagoon Views 5
Answered from Dubai Land Department registered transactions.
How much does a property in Lagoon Views 5 cost?
Property in Lagoon Views 5 sells at a current PIX© price of AED 1,629 per sqft, or about AED 1,421,478 for a typical unit, based on 50 sales registered with the Dubai Land Department.
When is Lagoon Views 5 handing over?
Lagoon Views 5 is under construction, and is 10% complete against the Dubai Land Department's reported progress.
Who is the developer of Lagoon Views 5?
Lagoon Views 5 is developed by ISLAND OASIS PROPERTIES, the developer recorded against the project in the Dubai Land Department register.
How many units are in Lagoon Views 5?
Lagoon Views 5 holds 48 registered units, per the Dubai Land Department unit register.
Have prices in Lagoon Views 5 gone up or down?
Price per sqft has fallen -3.4% over the last 12 months, to AED 1,629, across 50 registered sales.
About Lagoon Views 5
Lagoon Views 5 is a Mediterranean-inspired, seven-storey residential building project currently under construction in the Lagoon Views community of DAMAC Lagoons, Dubai, developed by Damac Properties through Island Oasis Properties.
Project Overview and Structure
Lagoon Views 5 is designed as a mid-rise residential project comprising a single building with seven floors above ground. It offers a limited collection of 48 premium apartments, which include 36 one-bedroom units and 12 two-bedroom units. The building's total built-up area is 77,394 square feet, and it is equipped with three high-speed elevators, 50 covered parking spaces, and in-house amenities such as a state-of-the-art gymnasium, shared swimming pool, and private barbecue areas.
Mediterranean Design and Interiors
The project's architectural concept is deeply rooted in Mediterranean coastal aesthetics. It features sleek, curved exterior facades with white and blue accents, complemented by expansive glass-fronted balconies that connect indoor living areas seamlessly with waterfront landscapes. The interiors highlight a minimalist luxury ethos with open-plan layouts, tranquil neutral color palettes (such as sandy beige and soft whites), refined finishes, and floor-to-ceiling windows designed to maximize natural light and capture pristine lagoon views.
Master Community and Lifestyle
Residents of Lagoon Views 5 will have access to the extensive, resort-style amenities of the DAMAC Lagoons master community. This water-themed community spans 45 million square feet and features crystal lagoons with artificial white sandy beaches, a private beach club, floating pods and bridges, outdoor spa facilities, a volcanic stone park, and themed areas such as the Flamenco Gardens and an olive tree garden. For leisure and fitness, the community offers a lazy river, a floating cinema, tennis and yoga courts, and an aqua gym with a running track.
Location and Accessibility
Strategically located in the Al Hebiah Fifth area of Dubailand, Lagoon Views 5 offers excellent connectivity via Hessa Street (D61) and Emirates Road (E611). It is situated directly opposite DAMAC Hills, placing residents minutes away from the Damac Mall, Medcare Medical Centre, and prestigious golf clubs. Travel times to major destinations include 10 minutes to the Dubai Polo & Equestrian Club, 13 minutes to Expo City, and approximately 30 minutes to both Al Maktoum International Airport and Dubai International Airport.
- Swimming PoolPlannedShared resort-style swimming pool for residents.
- GymnasiumPlannedShared state-of-the-art gymnasium.
- BBQ AreasPlannedDedicated barbecue spots for resident gatherings.
- Covered ParkingPlanned50 covered parking spaces for residents.
- High-speed ElevatorsPlanned3 high-speed elevators providing seamless connectivity.
- Crystal LagoonsPlannedPristine clear water lagoons.
- White Sandy BeachesPlannedArtificial sand beaches wrapping the crystal lagoons.
- Beach ClubPlannedExclusive beachfront relaxation area with dining and water access.
- Flamenco GardensPlannedConcert stage and Spanish-inspired themed gardens.
- Honey BarPlannedWellness-focused bar offering organic products.
- Aqua GymPlannedWater-integrated gymnasium with a running track.
- Lazy RiverPlannedD-shaped relaxing water flow channel.