PropertyIndex

Portofino

Under Construction · Due Q2 2025 · 82%|867 villas

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Portofino is an under-construction land development by ISLAND OASIS PROPERTIES in DAMAC Lagoons, Al Hebiah Fifth, comprising 867 registered villas. 1,296 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,555 per sqft. At AED 1,555 per sqft, Portofino prices 7% below the DAMAC Lagoons average of AED 1,677 per sqft on registered sales.

PIX© price · 6.8% YoY
3.01MAED
Typical
1,555AED
PSF
Gross yield
5.2%
PIX© rent ÷ PIX© price
Sale records
1,296
DLD · all time
Rent contracts
59
Ejari · all time
Portofino

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,545 – 10,764 sqft
8673.01M1,5556.8%156K5.2%
Residential
3 Bed · Villa
1,550 – 1,641 sqft
75
4 Bed · Villa
1,545 – 1,596 sqft
533
5 Bed · Villa
1,976 – 4,540 sqft
210
7 Bed · Villa
6,840 – 10,764 sqft
49
Villa (Bedrooms Unknown)
4,540 – 10,764 sqft
Land
Land
1,550 – 27,540 sqft
Sales — Project-Wide1,296 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
13 Aug 20265 Bed2,3643,650,0001,544+30.4%StandardStandard Sale
11 Aug 20261,5502,450,0001,581+56.2%StandardPayment Plan Sale
10 Aug 20262,3643,500,0001,481+35.8%Entry LevelPayment Plan Sale
Rentals — Project-Wide59 Ejari contracts
PIX© rent analysis
All time
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20265 Bed2,618180,00069Entry Levelnew
20 Aug 20265 Bed2,364190,00080Entry Levelnew
17 Aug 20264 Bed1,550150,00097Standardnew

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 Portofino

Answered from Dubai Land Department registered transactions.

How much does a property in Portofino cost?

Property in Portofino sells at a current PIX© price of AED 1,555 per sqft, or about AED 3,010,929 for a typical unit, based on 1,296 sales registered with the Dubai Land Department.

When is Portofino handing over?

Portofino is under construction, due q2 2025, and is 82% complete against the Dubai Land Department's reported progress.

Who is the developer of Portofino?

Portofino is developed by ISLAND OASIS PROPERTIES, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Portofino?

Portofino yields 5.2% gross, calculated from current PIX© rent against current PIX© sale price, across 59 registered Ejari contracts.

How many villas are in Portofino?

Portofino holds 867 registered villas, per the Dubai Land Department unit register.

Have prices in Portofino gone up or down?

Price per sqft has risen +6.8% over the last 12 months, to AED 1,555, across 1,296 registered sales.