Mykonos

P2b — Under Construction Off-Plan Primary
Developer Damac Properties
Community Damac Lagoons
Property type Villa
Data updated Mar 25, 2026

Mykonos is a Under Construction development by Damac Properties in Damac Lagoons. 571 units across 4 Bedroom (73%), 5 Bedroom (27%). Over the trailing 12 months, 620 sales at a median of AED 3,066,000.

Key Metrics
Median Price
Value
AED 3,066,000
Change
0.0% YoY
Transactions
Value
620
Change
140 in period
Price / sqft
Value
AED 1,349
Handover Status
Value
P2b
Change
Under Construction
Median Price
AED 3,066,000
0.0% YoY
Transactions
620
↑ 140 in period
Price / sqft
AED 1,349
Handover
P2b
Under Construction
Investment Analytics
Capital Return
Value
-1.1%
Holding Period
Value
1.9 yrs
Ready Market Mix
Value
0.0%
Community avg
Capital Return
-1.1%
Holding Period
1.9 yrs
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
4 Bedroom 419 units · 73%
5 Bedroom 152 units · 27%

Transaction Breakdown

All time — 620 transactions
Off-Plan Primary
572
Off-Plan Secondary
48

Price History

Median Price — Mykonos

Median prices in Mykonos have declined significantly, down 18% to AED 2.6M over the past 12 months.

Recent Transactions

Showing last 10 of 620
Date Type Price (AED) Size (sqft) AED/sqft
Mar 25, 2026 OP Secondary 2,600,000 2,272 1,143
Feb 12, 2026 OP Secondary 2,700,000 2,272 1,187
Feb 09, 2026 OP Secondary 2,473,000 2,272 1,088
Feb 04, 2026 OP Secondary 2,050,000 1,179 1,738
Jan 23, 2026 OP Secondary 3,450,000 2,363 1,460
Jan 23, 2026 OP Secondary 2,670,000 2,272 1,174
Jan 19, 2026 OP Secondary 3,475,500 2,363 1,470
Jan 15, 2026 OP Secondary 2,473,000 2,272 1,088
Jan 08, 2026 OP Secondary 2,552,000 2,272 1,122
Jan 07, 2026 OP Secondary 3,550,000 2,363 1,502

This project is in Damac Lagoons

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