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Santorini 1 is a completed land development by ISLAND OASIS PROPERTIES in DAMAC Lagoons, Al Hebiah Fifth, comprising 459 registered villas. 810 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,745 per sqft. At AED 1,745 per sqft, Santorini 1 prices 4% above 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© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
PIX© Core Project-Wide 1,550 – 3,216 sqft | 459 | 3.00M | 1,745 | ↑7.6% | 173K | 5.8% | |
| Residential | |||||||
3 Bed · Villa 1,550 sqft | 34 | — | — | — | — | — | |
4 Bed · Villa 1,550 sqft | 271 | ||||||
5 Bed · Villa 1,550 – 3,216 sqft | 154 | ||||||
| Land | |||||||
Land 1,550 – 2,364 sqft | — | — | — | ||||
| Date | Unit | Size | Price | PSF | vs Prior Sale | Tier | Type |
|---|---|---|---|---|---|---|---|
| 15 Aug 2026 | — | 1,550 | 2,750,000 | 1,774 | +65.1% | Standard | Standard Sale |
| 13 Aug 2026 | 4 Bed | 1,550 | 2,580,000 | 1,665 | +61.3% | Entry Level | Standard Sale |
| 12 Aug 2026 | 5 Bed | 2,183 | 3,870,000 | 1,773 | +34.4% | Premium | Payment Plan Sale |
| Start Date | Unit | Size | Rent / Yr | Rent PSF | vs Prior Rent | Tier | Type |
|---|---|---|---|---|---|---|---|
| 20 Aug 2026 | 5 Bed | 2,364 | 180,000 | 76 | — | Entry Level | new |
| 15 Aug 2026 | 4 Bed | 1,550 | 145,000 | 94 | — | Entry Level | new |
| 8 Aug 2026 | 3 Bed | 1,550 | 145,000 | 94 | — | Standard | new |
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.
- Lagoon Views 2AED 1,744/sqft
- Santorini 2AED 1,747/sqft
- Lagoon Views 13AED 1,753/sqft
- Lagoon Views 10AED 1,724/sqft
- Lagoon Views 11AED 1,766/sqft
- Costa Brava 1AED 1,721/sqft
Common questions about Santorini 1
Answered from Dubai Land Department registered transactions.
How much does a property in Santorini 1 cost?
Property in Santorini 1 sells at a current PIX© price of AED 1,745 per sqft, or about AED 2,999,327 for a typical unit, based on 810 sales registered with the Dubai Land Department.
Is Santorini 1 completed?
Yes. Santorini 1 is recorded as completed in the Dubai Land Department project register (completed q3 2025).
Who is the developer of Santorini 1?
Santorini 1 is developed by ISLAND OASIS PROPERTIES, the developer recorded against the project in the Dubai Land Department register.
What is the rental yield in Santorini 1?
Santorini 1 yields 5.8% gross, calculated from current PIX© rent against current PIX© sale price, across 212 registered Ejari contracts.
How many villas are in Santorini 1?
Santorini 1 holds 459 registered villas, per the Dubai Land Department unit register.
Have prices in Santorini 1 gone up or down?
Price per sqft has risen +7.6% over the last 12 months, to AED 1,745, across 810 registered sales.