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.

Price List

Monte Carlo Prices at DAMAC Lagoons

Monte Carlo launched from AED 1,930,000 for a four bedroom. See how that compares with Costa Brava, Nice, Ibiza and Morocco.

Overview

These are launch prices and registered transaction values, not current asking prices. The cluster is sold out.

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.

DAMAC published and registry launch prices by unit type. Launch prices as published on the DAMAC Monte Carlo pricing sheet and recorded in the Dubai Land Department registry. These are not current asking prices. The five bedroom rate is calculated from the registry launch price and built up area.
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)

Four bedroom launch prices across clusters

These are launch prices for different products in different locations, not repeat sales of the same unit.

Four bedroom townhouse launch prices as published by DAMAC or recorded in the Dubai Land Department registry, in the order the clusters opened for sale. Rates are calculated from the launch price and the registered built up area for that cluster. Monte Carlo has no published built up area for its four bedroom, so no rate is shown. Santorini is excluded because DAMAC published no launch price for it.
Cluster	Sales opened	Launch price	Calculated rate
Costa Brava	13 Dec 2021	AED 1,700,000	AED 763 per sqft
Nice	20 Dec 2021	AED 1,700,000	AED 746 per sqft
Monte Carlo	23 Nov 2022	AED 1,930,000	Available on request
Ibiza	27 Dec 2022	AED 2,100,000	AED 924 per sqft
Morocco	30 Jun 2023	AED 2,850,000	AED 1,277 per sqft

Registered transaction values

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.

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.

Confirmed facts

Status: Sold out, in construction
Construction progress: 86.38 percent
Expected completion: 31 December 2026
Original target completion: 31 December 2025
Developer: DAMAC Properties
Legal entity: Island Oasis Properties
Phases: None, single project
Product: Townhouses only, 424 homes
Unit layouts: LTH-4G-M and LTH-5G-E
Bedrooms: 4 and 5
Sales start: 23 November 2022
Construction start: Available on request
Floors: Available on request
Launch price, 4 bedroom: From AED 1,930,000
Launch price, 5 bedroom: From AED 2,640,000
Payment plan at launch: 20 percent deposit, 60 percent in build, 20 percent on completion
Post handover plan: None
Service charge per sqft: Available on request
DLD community: Al Hebiah Fifth, Dubai
Registered sales, all time: 567
Registered median, all time: AED 2.12 million
Registered sales, last 12m: 64
Registered median, last 12m: AED 2.59 million
Registered rate, last 12m: AED 1,033 per sqft

Payment plan Price list Floor plans Master plan Amenities Costa Brava Nice Santorini Morocco Ibiza

Back to Monte Carlo hub · Payment plan · Floor plans

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.