Sold out. 86 percent built, expected December 2026
Monte Carlo at DAMAC Lagoons
Sold out, in construction. 424 townhouses in a single project, 4 and 5 bedrooms, 86.38 percent built, expected December 2026.
- 424 townhouses
- 4 and 5 bedrooms
- 86.38 percent built
- 567 registered sales
The project
Monte Carlo overview
Monte Carlo is the Riviera themed townhouse cluster in the south west of DAMAC Lagoons, Dubailand. A single project of 424 homes, all townhouses, sold out and close to handover. This site is an independent marketing portal and is not official DAMAC.
Construction status
Where Monte Carlo stands today
Monte Carlo has not completed. The latest inspection report puts construction at 86.38 percent, and expected completion is 31 December 2026, exactly 12 months after its 31 December 2025 target.
At 86.38 percent it is the furthest advanced of the DAMAC Lagoons clusters we hold build records for that have not yet completed, against 76.94 percent at Morocco 1, 74.86 percent at Ibiza, 65.34 percent at Morocco 2 and 83.88 percent at Nice 2.
Source: Dubai Land Department project inspection records via PropertyMonitor. Checked 6 September 2026.
Payment plan
The most milestone linked plan in the set
Only 20 percent of the Monte Carlo price is tied to calendar dates, across four instalments running to 12 months. The remaining 40 percent of the construction portion is tied to verified build milestones at 40, 50, 60, 70, 80 and 90 percent completion. By comparison, Morocco and Ibiza tie 55 percent to calendar dates and only 5 percent to milestones, and Costa Brava and Nice tie their entire 35 percent construction portion to calendar dates with no milestone triggers at all.
Our reading of two sourced figures: On the reported 86.38 percent progress, every milestone instalment through the 80 percent trigger has fallen due and the 90 percent trigger has not.
Full 12 milestone table on the payment plan page. Compare with the Ibiza payment plan and the Morocco payment plan.
Launch prices
DAMAC sheet and registry figures
DAMAC advertised Monte Carlo from AED 1.9 million. The lowest launch price recorded in the Dubai Land Department registry is AED 1,930,000 for a four bedroom townhouse and AED 2,640,000 for a five bedroom.
The five bedroom calculated rate is AED 777 per sqft, from AED 2,640,000 against 3,397 sqft. No four bedroom rate is published because no built up area is available.
| Code | Type | DAMAC sheet | Registry | Size | Calculated rate |
|---|---|---|---|---|---|
| LTH-4G-M | 4 bedroom townhouse, middle unit | Starting from AED 1.9 million | AED 1,930,000 | Available on request | Available on request |
| LTH-5G-E | 5 bedroom townhouse, end unit | Starting from AED 2.6 million | AED 2,640,000 | 3,397 sqft | AED 777 per sqft (calculated) |
Full table, cross cluster series and registered values on the price list page.
Unit mix and sizes
All 424 homes are townhouses
All 424 homes are townhouses. On Monte Carlo the registry property type, the unit level layout codes and the typology table all agree that every home is a townhouse. That is not true of every DAMAC Lagoons cluster, which is why we publish a villa and townhouse breakdown only where the sources support it.
| Type | Homes | Share | Built up area | Plot |
|---|---|---|---|---|
| 4 bedroom townhouse | 300 | 70.8 percent | Available on request | 1,551 to 1,552 sqft |
| 5 bedroom townhouse | 124 | 29.2 percent | 3,397 sqft | 2,367 to 2,368 sqft |
Plot and size data from a sample of 10 units. Not the full book.
The Monte Carlo plot modules are almost identical to Santorini's. Monte Carlo middle units sit on 1,551 to 1,552 sqft and end units on 2,367 to 2,368 sqft. Santorini middle units sit on 1,550 sqft and end units on 2,363 sqft. DAMAC appears to reuse a standard plot module across clusters. That is an observation across two clusters, not a rule for the whole master community.
A note on the unit codes
In the LTH townhouse codes the numeral is the bedroom count, so LTH-4G-M is a 4 bedroom and LTH-5G-E is a 5 bedroom. Villa codes use a trailing cluster letter, but the middle segment is a product designation and not the bedroom count. Townhouse codes follow LTH, then the bedroom count, then a cluster letter, then E for end or M for middle. Portofino uses BL prefixed codes instead. Always read the sheet title on a villa.
One sampled unit, DL-S123, is recorded with a Lagoon View. The remaining nine carry no view record. Three sampled five bedroom units record 1 Parking. No four bedroom unit carries a parking record.
View and parking data from a sample of 10 units. Not the full book. A single sampled unit records a lagoon view, which is not enough to say how many Monte Carlo homes face the water.
Registered book
What the registered book shows
567 registered sale transactions (not homes), all time median AED 2.12 million. Last 12 months (28 April 2025 to 27 April 2026): 64 sales, median AED 2.59 million, rate AED 1,033 per sqft. Full tables live on the transactions page. Also see price appreciation.
Our arithmetic: 567 registered sale transactions against 424 homes is roughly 1.34 transactions per home. Monte Carlo has not completed, so this activity is off plan transfer rather than resale of delivered homes.
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.
Specification
Design and specification
Monte Carlo is described as Riviera themed townhouses on the DAMAC Lagoons community page and in the PropertyMonitor project description. Cluster specific amenity names beyond the Riviera theme are pending the Monte Carlo brochure. Building Blocks, VR park and floating flower market belong to Malta only.
Community amenities are on the amenities page.
Location
Drive times from the DAMAC website
Monte Carlo sits within DAMAC Lagoons in Dubailand, opposite DAMAC Hills, accessed from Hessa Street. Its coordinates place it in the south west of the master community, adjacent to Costa Brava.
- Dubai Polo and Equestrian Club11 minutes
- Dubai Autodrome14 minutes
- Global Village14 minutes
- Expo City Dubai18 minutes
- Mall of the Emirates25 minutes
- Al Maktoum International Airport DWC25 minutes
- Downtown Dubai30 minutes
- Dubai International Airport DXB30 minutes
- Dubai Creek Harbour35 minutes
Drive times as published by DAMAC Properties, master plan article updated 7 April 2026. Actual times vary with traffic.
DAMAC Lagoons master plan · Costa Brava · Nice · Santorini · Morocco · Ibiza
About the Developer
DAMAC Properties
DAMAC Properties is the developer of DAMAC Lagoons, including Monte Carlo. Legal entity on file: Island Oasis Properties. DLD community: Al Hebiah Fifth, Dubai.
The registry records 12 February as the construction start for Mykonos in 2023 and for both Ibiza and Monte Carlo in 2022, and in all three cases it falls before the cluster's own sales launch. We have withheld the date pending verification rather than publish a figure that looks like a batch registration rather than a build start.
This website is an independent marketing portal and is not officially affiliated with DAMAC Properties. Official pages live on damacproperties.com.
Gallery
Monte Carlo stills
Official stills for Monte Carlo. Click a frame to enlarge.
Monte Carlo DAMAC Lagoons architecture
Monte Carlo FAQ
- Is Monte Carlo at DAMAC Lagoons still available?
- The Dubai Land Department registry records Monte Carlo as sold out, so developer stock is not available. It trades on the off plan resale market and the project has not completed.
- How many homes are there in Monte Carlo?
- 424, all townhouses, in a single project with no phases. 300 are four bedroom and 124 are five bedroom.
- When will Monte Carlo be handed over?
- Monte Carlo has not completed. It is 86.38 percent built with expected completion on 31 December 2026, exactly 12 months after its 31 December 2025 target. It is the furthest advanced of the incomplete DAMAC Lagoons clusters we hold records for.
- What did Monte Carlo homes launch at?
- DAMAC advertised the four bedroom townhouse from AED 1.9 million and the five bedroom from AED 2.6 million. The registry records the precise lowest launch prices as AED 1,930,000 and AED 2,640,000.
- What is the Monte Carlo payment plan?
- 20 percent deposit, 60 percent across construction and 20 percent on completion. Only 20 percent is tied to calendar dates, across four instalments to 12 months. The other 40 percent is tied to verified build milestones at 40, 50, 60, 70, 80 and 90 percent completion. There is no post handover plan and 4 percent DLD is payable in addition to the deposit.
- How big are Monte Carlo homes?
- The five bedroom townhouse is 3,397 sqft on a plot of roughly 2,368 sqft. The four bedroom sits on a plot of roughly 1,552 sqft, but the registry does not publish its built up area, so we do not state one.
DAMAC Lagoons
Ask about Monte Carlo resale
Get in touch for current pricing and availability. Your Monte Carlo expert will be in touch with all the details.
Independent portal. Not officially affiliated with DAMAC Properties.