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Damac Lagoons

Monte Carlo

4 BR · Townhouse

About the building

Located in Damac Lagoons.

Where it is

Damac Lagoons

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

  • swimmable lagoon living
  • family townhouses
  • differentiated product

What to check: The gap between a lagoon-frontage plot and one several rows back is the biggest price variable here and it is easy to misread on a masterplan. Establish exactly what your plot faces before paying a waterfront premium.

Full district guide →

Questions and answers about lot NP19-585843

How much is this 4-bedroom townhouse in Monte Carlo?

Lot NP19-585843 is priced at AED 2 520 000, about $686 000. The size is 2 315 sq ft (215 m²), which works out at AED 1 089 per sq ft.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price. The comparisons below show how that price sits against the market.

Is this expensive or cheap for Damac Lagoons?

The database holds 29 lots in Damac Lagoons, starting from AED 1 100 000. The area median is AED 1 328 per sq ft; this lot, at AED 1 089, is 18% below it. 9 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Damac Lagoons area guide →

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes, and the listing does not confirm that this property is ready. If it has been handed over, the numbers are: a resident puts down from 20%, here AED 504 000; a loan of AED 2 016 000 over 25 years at 3.75–4.99% a year comes to roughly AED 10 400–11 800 a month. A non-resident puts down from 40% (AED 1 008 000) and pays about AED 7 800–8 800 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 100 800 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

On price, yes: the 10-year Golden Visa is granted for property from AED 2 000 000, and this lot is priced at AED 2 520 000. The threshold is measured by the Dubai Land Department valuation, not the contract, and only freehold qualifies.

Golden Visa and residence visas →

What is known about Monte Carlo?

The project has 446 units. Figures are from the project passport: Propsearch and the Dubai Land Department.

Monte Carlo project page →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP19-585843 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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