Photos and renders of the building and grounds — not of this particular unit.
IBIZA
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 NP19-585851
How much is this 4-bedroom townhouse in IBIZA?
Lot NP19-585851 is priced at AED 3 190 000, about $869 000. The size is 2 282 sq ft (212 m²), which works out at AED 1 398 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 1 398, is 5% above 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 638 000; a loan of AED 2 552 000 over 25 years at 3.75–4.99% a year comes to roughly AED 13 100–14 900 a month. A non-resident puts down from 40% (AED 1 276 000) and pays about AED 9 800–11 200 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 127 600 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 3 190 000. 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 IBIZA?
The project has 746 units. Figures are from the project passport: Propsearch and the Dubai Land Department.
IBIZA 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 NP19-585851 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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