PropertyIndex

Santorini 1

Completed · Q3 2025|459 villas

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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.

PIX© price · 7.6% YoY
3.00MAED
Typical
1,745AED
PSF
Gross yield
5.8%
PIX© rent ÷ PIX© price
Sale records
810
DLD · all time
Rent contracts
212
Ejari · all time
Santorini 1

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
1,550 – 3,216 sqft
4593.00M1,7457.6%173K5.8%
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
Sales — Project-Wide810 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
15 Aug 20261,5502,750,0001,774+65.1%StandardStandard Sale
13 Aug 20264 Bed1,5502,580,0001,665+61.3%Entry LevelStandard Sale
12 Aug 20265 Bed2,1833,870,0001,773+34.4%PremiumPayment Plan Sale
Rentals — Project-Wide212 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
20 Aug 20265 Bed2,364180,00076Entry Levelnew
15 Aug 20264 Bed1,550145,00094Entry Levelnew
8 Aug 20263 Bed1,550145,00094Standardnew

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 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.