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Santorini

Damac Lagoons

Project factsheet

Units in the building 847
Completed 2025
District Damac Lagoons

About the building

Located in Damac Lagoons, completed in 2025.

Specifications for Santorini at Damac Lagoons per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.

About the project

Santorini is a residential complex in Damac Lagoons, completed in 2025.

The building holds 847 apartments in total.

The database currently holds 1 lot in this project, from 3 950 000 AED.

A Damac Lagoons cluster with 847 units, completed in 2025. Our sixteen listings run from AED 2.99 million to AED 6.99 million at AED 1,434 per square foot.

What this cluster is

Santorini is one of the themed clusters within the Damac Lagoons community. The project passport lists 847 units and a 2025 completion year: the cluster has handed over, so a buyer is dealing with a finished product.

Damac Lagoons is built around artificial lagoons, and its clusters are named after Mediterranean places and styled to match. For a buyer that means each cluster has its own architecture and colour scheme, while infrastructure is shared across the whole community.

Our sixteen listings are apartments, townhouses and villas with 1, 3, 4, 5 and 6 bedrooms, sizes from 1,550 to 4,650 square feet. All are marked ready.

What the numbers show

Prices run from AED 2.99 million to AED 6.99 million, with a median of AED 4 million. The average price per square foot is around AED 1,434 — one of the lowest in our whole sample.

That figure is the whole point of buying in Damac Lagoons: for the same money as a two-bedroom apartment in a central district, here you get a house with a plot. The trade-off is distance: the community sits in the south-west, far from the business districts and the metro.

Fifteen of the sixteen listings are offered at a discount, averaging 6.4%. Moderate, near-universal bargaining is the normal picture for a ready villa market.

What to check

First — exactly which cluster and which line relative to the lagoon. In Damac Lagoons, water is the main price driver, and waterfront houses differ noticeably from inland ones.

Second — the state of the community's infrastructure. Clusters hand over in phases, and some of the promised facilities may still be under construction by the time you move in. Check what actually works, not what's promised.

Third — rental demand. It exists here, but it's specific: families with a car, long leases, rates lower than in central districts. Calculate yield on the community's actual lease terms.

The propsearch project passport (unit count, completion year, district) and our own stock as of 28 August 2026: 16 listings — price range and median, sizes, price per square foot, bedroom and type composition, readiness status, number of discounted listings and the average discount.

Where it is

The pin is placed by district — I send the exact address on request.

Frequently asked about Santorini

Has Santorini been handed over?

Handed over: 2025. The property is complete, so after the deal you can move in or put it on the rental market at once.

Where is Santorini?

Damac Lagoons. Mediterranean-themed clusters around swimmable lagoons, next to Damac Hills — the water-community answer to the golf community.

How much does an apartment in Santorini cost?

The database currently holds 1 lot in this project, from 3 950 000 AED. Prices in the base are live and update every day; ask for the current list for the building before deciding.

In the news

What has been written about the building, its developer and Damac Lagoons

Damac Lagoons: what a lagoon costs to keep

A community built around man-made lagoons with Mediterranean-themed clusters. Water is a genuine differentiator with a permanent operating cost attached.

Where this project stands today

I will tell you which layouts are available now, what entry really costs and what the people who live in or let the building think of it — no marketing language.

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