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DAMAC LAGOONS - LAGOON VIEWS 2

by ISLAND OASIS PROPERTIES·AL HEBIAH FIFTHResidentialFreeholdOff-plan Heavy

Development & Handover Profile

🏗️ Under Construction

Construction Progress12.2%

Project Start

Apr 6, 2024

Expected Handover

N/A

Official Status

ACTIVE

Total Units

162

Avg Unit Size

837 sqft

Freehold Ratio

100%

Escrow Agent

First Abu Dhabi Bank

Median Price

AED 1.23M

PSF

AED 1,596/sqft

Sales 12M

vs Area

-5.7%

Asset Turnover

ⓘ

0.0%

Liquidity (12M)

Physical Inventory Profile

Total Registered Units

162

Avg Unit Size

837 sqft

1BR

77.8%

2BR

22.2%

Room Configuration

Unit Type	Count	Share
1BR	126	77.8%
2BR	36	22.2%

Price & Volume Trend

Unit Liquidity Matrix

⚠️ Ghost Units Detected

Compares physical inventory against actual 12M sales volume. A Demand Index near 1.0 indicates a perfectly balanced secondary market for that unit type.

Unit Type	Inventory Share	Sales Share (12M)	Demand Index	Status
1BR	77.8% 126 units	0.0% 0 sold	—	🚫 GHOST UNIT
2BR	22.2% 36 units	100.0% 1 sold	4.50	⚠️ STAGNANT

Investor Warning: This project contains “Ghost Units” — configurations that make up a large portion of the building but see near-zero secondary market trading. Reselling these specific unit types may take significantly longer than average.

Recent Transactions

Date	Area	Rooms	Price	PSF	Status	Ownership
16 Jan 2026 Published 19 Jan 2026	AL HEBIAH FIFTH	2BR	AED 2.00M	AED 1,747/sqft	Off-plan	Freehold
31 Jul 2025	AL HEBIAH FIFTH	2BR	AED 1.81M	AED 1,597/sqft	Off-plan	Freehold
3 Feb 2025	AL HEBIAH FIFTH	1BR	AED 1.16M	AED 1,432/sqft	Off-plan	Freehold
10 Jan 2025	AL HEBIAH FIFTH	1BR	AED 1.20M	AED 1,492/sqft	Off-plan	Freehold
9 Sep 2024	AL HEBIAH FIFTH	1BR	AED 1.11M	AED 1,597/sqft	Off-plan	Freehold
21 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.37M	AED 1,716/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	2BR	AED 1.64M	AED 1,447/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.21M	AED 1,531/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.19M	AED 1,475/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.08M	AED 1,448/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.14M	AED 1,448/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.13M	AED 1,475/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.21M	AED 1,531/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.20M	AED 1,503/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.05M	AED 1,379/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.07M	AED 1,447/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	2BR	AED 1.85M	AED 1,631/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.13M	AED 1,475/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.24M	AED 1,531/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.11M	AED 1,378/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.16M	AED 1,502/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.05M	AED 1,379/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.14M	AED 1,448/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.12M	AED 1,531/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	2BR	AED 1.76M	AED 1,563/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.08M	AED 1,448/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.11M	AED 1,378/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	2BR	AED 1.93M	AED 1,686/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.05M	AED 1,379/sqft	Off-plan	Freehold
17 Jun 2024	AL HEBIAH FIFTH	1BR	AED 1.13M	AED 1,476/sqft	Off-plan	Freehold