Market Snapshot: Portofino, DAMAC Lagoons
The table below summarises DLD-recorded land and plot transactions for DAMAC Lagoons Portofino across three time windows to June 2026. Note that DLD data here covers plot registrations only; per-sqft pricing is not available for this segment.
Source: Dubai Land Department (DLD), data as at June 2026. All transactions classified as Land/Plot — total price only; no per-sqft figure available. See data note below.| Period | Transactions | Median Price | Average Price | Min Price | Max Price |
|---|
| June 2026 (1 month) | 15 | AED 2,600,000 | AED 3,151,667 | AED 2,000,000 | AED 10,500,000 |
| Trailing 3 months to 2026-06 | 31 | AED 2,675,000 | AED 3,027,647 | AED 2,000,000 | AED 10,500,000 |
| Trailing 12 months to 2026-06 | 59 | AED 2,800,000 | AED 3,185,136 | AED 873,000 | AED 10,500,000 |
Data note: DLD classifies these transactions as plot or off-plan villa registrations. Total price only is recorded; per-sqft values are not available. The wide range between median and maximum prices reflects variation in plot size and waterfront positioning within the cluster.
About the Portofino Cluster
Portofino is one of the themed sub-clusters within DAMAC Lagoons, the Mediterranean-inspired masterplanned community adjacent to DAMAC Hills. The cluster draws its design language from the Italian coastal town of the same name, and homes typically sit around lagoon water features with shared amenity areas. Property types available for resale include townhouses and villas ranging from three to seven bedrooms, with larger waterfront plots commanding a significant premium — reflected in the DLD maximum prices above.
Understanding the DAMAC Lagoons Portofino Resale Market
All 59 DLD transactions recorded in the trailing 12 months to June 2026 were classified as ready or plot sales, with an offplan share of 0% in the dataset — indicating that secondary-market activity, rather than new developer launches, has been driving recorded volumes in this window. Buyers considering Portofino should be aware of several practical points:
- Plot vs. built villa: A portion of DLD transactions represent bare plot purchases. Buyers acquiring a plot will need to factor in construction costs and timelines separately from the land price.
- Wide price range: The gap between median (AED 2,675,000 over three months) and the recorded maximum (AED 10,500,000) reflects meaningful variation in plot size, lagoon frontage, and built-up area. Waterfront or corner plots command a clear premium.
- No per-sqft benchmark available: Because DLD classifies these as land transactions, per-sqft pricing is not calculable from the public dataset. C&B advisors can provide unit-level resale comparables from live listings where available.
- Transfer fees and costs: Standard DLD transfer fees of 4% apply on the declared sale price, plus trustee and agent fees. Budget accordingly when comparing headline prices.
Resale vs. Off-Plan in Portofino
The DLD data for this cluster currently shows 0% off-plan share across all recorded windows, meaning secondary (resale) transactions dominate the public record. If you are weighing a resale purchase against buying directly from DAMAC Properties, the key differences are: resale units offer immediate title transfer and no developer payment-plan lock-in, while new developer units may carry post-handover plans and potential for specification upgrades. C&B operates exclusively in the secondary market, so our advice is focused on helping you identify well-priced resale stock relative to the DLD benchmarks above.
Why Buy in DAMAC Lagoons Portofino?
- Lagoon-community lifestyle with shared water amenities, beach areas, and cycling infrastructure within the broader DAMAC Lagoons masterplan.
- Consistent secondary-market transaction volume — 59 recorded DLD transactions over 12 months — indicating genuine buyer demand and liquidity compared with many smaller Dubai sub-clusters.
- Proximity to DAMAC Hills and major arterial roads connecting to Dubai Marina, Downtown, and Al Maktoum International Airport.
- Italian-themed cluster design that differentiates Portofino within the wider DAMAC Lagoons community and appeals to buyers seeking a distinctive aesthetic.
Ready to Buy in Portofino?
C&B's advisors have live resale mandates across DAMAC Lagoons Portofino. Browse the listings above for current asking prices, or contact us directly to discuss off-market opportunities, DLD transaction comparables, and mortgage options tailored to this cluster. We work exclusively on the secondary market — no developer commissions, just honest resale guidance backed by real data.