Price List
Ibiza Prices at DAMAC Lagoons
Ibiza launched from AED 2.1 million for a four bedroom. See how that compares with Costa Brava, Nice and Morocco at launch.
These are DAMAC published launch prices and registered transaction values, not current asking prices. The cluster is sold out.
PropertyMonitor reports launched from as TBA on every typology row. DAMAC's own pricing sheet gives these figures. Where the developer's own published sheet and the registry disagree on whether a price exists, the developer sheet wins.
| Code | Type | Launch price | Size | Calculated rate |
|---|---|---|---|---|
| LTH-4H-M | 4 bedroom townhouse, middle unit | Starting from AED 2.1 million | 2,273 sqft | AED 924 per sqft |
| LTH-5H-E | 5 bedroom townhouse, end unit | Starting from AED 2.8 million | 3,377 sqft | AED 829 per sqft |
Launch prices as published on the DAMAC Ibiza pricing sheet. These are not current asking prices.
Same footprint, three clusters
Ibiza's five bedroom townhouse is 3,377 sqft, within one square foot of Malta and Mykonos at 3,376 sqft. Ibiza's four bedroom is 2,273 sqft, identical to Malta and within 0.44 percent of Mykonos at 2,283 sqft.
Five bedroom townhouse
| Cluster | Sales opened | Size | Launch price | Calculated rate |
|---|---|---|---|---|
| Malta | 23 May 2022 | 3,376 sqft | AED 2,600,000 | AED 770 per sqft |
| Ibiza | 27 Dec 2022 | 3,377 sqft | AED 2,800,000 | AED 829 per sqft |
| Mykonos | 01 May 2023 | 3,376 sqft | AED 3,230,000 | AED 957 per sqft |
Malta to Mykonos: an increase of 24.2 percent over roughly 11 months.
Four bedroom townhouse
| Cluster | Sales opened | Size | Launch price | Calculated rate |
|---|---|---|---|---|
| Malta | 23 May 2022 | 2,273 sqft | AED 1,750,000 | AED 770 per sqft |
| Ibiza | 27 Dec 2022 | 2,273 sqft | AED 2,100,000 | AED 924 per sqft |
| Mykonos | 01 May 2023 | 2,283 sqft | AED 2,450,000 | AED 1,073 per sqft |
Malta to Mykonos: an increase of exactly 40.0 percent over roughly 11 months.
Our reading of sourced figures: Over the same eleven month window, DAMAC's four bedroom townhouse launch price rose 40.0 percent while its five bedroom rose 24.2 percent. Both started at the same rate per sqft in May 2022, AED 770 for each. By May 2023 the four bedroom was asking AED 1,073 per sqft and the five bedroom AED 957. The entry product moved faster than the larger one.
These are three different clusters with different themes, layouts, finishes and positions in the master community. What makes the comparison unusually close is that the registered built up areas are within one square foot on the five bedroom and within half a percent on the four bedroom.
The Ibiza figures are DAMAC published starting from prices. The Malta and Mykonos figures are the lowest launch prices recorded in the Dubai Land Department registry. The two are close in meaning but not identical.
These are launch prices, not repeat sales of the same home. They show what DAMAC asked over time, not what any individual property did.
See also the Malta price list and the Mykonos price list.
Four bedroom launch prices across clusters
The four bedroom townhouse launch price rose across successive cluster releases.
| Cluster | Sales opened | Launch price | Calculated rate |
|---|---|---|---|
| Costa Brava | 13 Dec 2021 | AED 1.70 million | AED 763 per sqft |
| Nice | 20 Dec 2021 | AED 1.70 million | AED 746 per sqft |
| Ibiza | 27 Dec 2022 | AED 2.10 million | AED 924 per sqft |
| Mykonos | 01 May 2023 | AED 2.45 million | AED 1,073 per sqft |
| Morocco | 30 Jun 2023 | AED 2.85 million | AED 1,277 per sqft |
Registered transaction values
994 registered sale transactions (not homes), all time median AED 2.38 million. Last 12 months (28 April 2025 to 27 April 2026): 133 sales, median AED 3.02 million, rate AED 1,124 per sqft.
Source: Dubai Land Department registered sales via ADREC. Residential sales only, land plots excluded, rate outliers filtered to AED 50 to 8,000 per sqft. Data through 27 April 2026. Last checked 6 September 2026.
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Ibiza FAQ
- Is Ibiza at DAMAC Lagoons still available?
- The Dubai Land Department registry records Ibiza as sold out, so developer stock is not available. It trades on the off plan resale market. The project has not completed.
- How many homes are there in Ibiza?
- 836, in a single project with no phases. That makes it the largest individual project in DAMAC Lagoons among the clusters we hold records for.
- When will Ibiza be handed over?
- Ibiza has not completed. It is 74.86 percent built with expected completion on 30 June 2027, roughly 18 months after its 31 December 2025 target.
- What did Ibiza homes launch at?
- DAMAC's pricing sheet lists the four bedroom townhouse starting from AED 2.1 million and the five bedroom townhouse starting from AED 2.8 million. Against the registered sizes those work out at roughly AED 924 and AED 829 per sqft.
- What is the Ibiza payment plan?
- 20 percent deposit, 60 percent across construction and 20 percent on completion. Eleven instalments run to 33 months from the sale date and three are tied to verified construction milestones at 70, 80 and 90 percent. There is no post handover plan and 4 percent DLD is payable in addition to the deposit.
- What unit types were built in Ibiza?
- Two townhouse layouts. LTH-4H-M, a four bedroom middle unit of 2,273 sqft over two levels, and LTH-5H-E, a five bedroom end unit of 3,377 sqft over three levels with a maid's room and an extra bedroom on the second floor.