Santorini 3

P2a — Near Completion Off-Plan Primary
Developer Damac Properties
Community Damac Lagoons
Property type Villa
Data updated Feb 05, 2026

Santorini 3 is a Near Completion development by Damac Properties in Damac Lagoons. 96 units across 6 Bedroom (100%). Over the trailing 12 months, 152 sales at a median of AED 5,750,000.

Key Metrics
Median Price
Value
AED 5,750,000
Change
15.6% YoY
Transactions
Value
152
Change
15 in period
Price / sqft
Value
AED 1,426
Handover Status
Value
P2a
Change
Near Completion
Median Price
AED 5,750,000
↑ 15.6% YoY
Transactions
152
↑ 15 in period
Price / sqft
AED 1,426
Handover
P2a
Near Completion
Investment Analytics
Capital Return
Value
10.0%
Holding Period
Value
2.2 yrs
Ready Market Mix
Value
0.0%
Community avg
Capital Return
10.0%
Holding Period
2.2 yrs
Ready Market Mix
0.0%
Community avg

Rental Performance

Unit Mix

By bedroom type
6 Bedroom 96 units · 100%

Transaction Breakdown

All time — 152 transactions
Off-Plan Primary
96
Off-Plan Secondary
56

Price History

Median Price — Santorini 3

Median prices in Santorini 3 have risen sharply, up 24% from AED 5.5M to AED 6.9M over the past 8 months.

Recent Transactions

Showing last 10 of 152
Date Type Price (AED) Size (sqft) AED/sqft
Feb 05, 2026 OP Secondary 6,900,000 3,967 1,738
Jan 30, 2026 OP Secondary 7,000,000 3,967 1,764
Jan 30, 2026 OP Secondary 5,900,000 3,967 1,486
Jan 30, 2026 OP Secondary 5,950,000 3,967 1,499
Jan 30, 2026 OP Secondary 6,150,000 3,967 1,549
Jan 26, 2026 OP Secondary 5,650,000 3,967 1,423
Jan 02, 2026 OP Secondary 6,000,000 3,967 1,512
Nov 26, 2025 OP Secondary 5,700,000 3,967 1,436
Nov 24, 2025 OP Secondary 3,725,000 3,967 938
Aug 26, 2025 OP Secondary 5,700,000 4,376 1,302

This project is in Damac Lagoons

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