The first 9 frames come from the seller’s own listing; the rest show the building and its grounds.
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Damac Lagoons
MYKONOS
4 BR · Townhouse
What the seller states
- Floor
- G+1
- Built-up area
- 2 282 sqft
- Plot
- 1 548 sqft
- Balcony
- Yes
- Parking
- Yes
Details as stated by the seller for this specific unit — not characteristics of the building.
Payment plan
About the building
Located in Damac Lagoons.
Specifications for Mykonos at Damac Lagoons per Propsearch and the Dubai Land Department. They describe the whole building, not the individual unit.
Where it is
The pin is placed by district — I send the exact address on request.
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 NP2-287558
How much is this 4-bedroom townhouse in MYKONOS?
Lot NP2-287558 is priced at AED 2 500 000, about $681 000. The size is 2 282 sq ft (212 m²), which works out at AED 1 096 per sq ft.
How much has the price of this lot been cut?
The price before the cut was AED 2 571 960; it is now AED 2 500 000 — AED 71 960 less, or 3%.
How does this price compare with other lots in MYKONOS?
The database holds 4 lots in MYKONOS right now, from AED 2 500 000 to AED 3 390 000.
Is this expensive or cheap for Damac Lagoons?
The database holds 23 lots in Damac Lagoons, starting from AED 1 100 000. The area median is AED 1 378 per sq ft; this lot, at AED 1 096, is 20% below it. 7 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 →Is the property ready or still under construction?
The handover date in the listing is MAR 2027. Until then payments follow the developer's payment plan. The date comes from the seller and is checked against the sale agreement before a deal.
Can I get a mortgage on this lot while it is still under construction?
During construction the buyer pays the developer under the payment plan — UAE banks grant standard mortgages on ready homes. A loan is possible for the final payment, once the property has its completion certificate.
Mortgage for the final payment →What costs come on top of the price?
The main one is the Dubai Land Department registration fee: 4% of the price, AED 100 000 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 2 500 000. 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 MYKONOS?
The project has 475 units. The developer is Damac. Figures are from the project passport: Propsearch and the Dubai Land Department.
MYKONOS project page →What does the seller say about the property itself?
From the listing: floor — G+1. The seller's wording is quoted as is.
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 NP2-287558 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.
Video
Video: MYKONOS
Reviews from the English YouTube channel — each one with a written breakdown on this site.
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