Damac Lagoons - Marbella

Is it on the Land Department’s project register?

Yes. This is what the Land Department’s projects file, dated 15 June 2026, says:

Status:

active per the Land Department · 54% complete

Target completion:

December 2025, which has passed

Escrow account:

with Emirates NBD

Developer:

Island Oasis Properties (developer no. 921)

These are the file’s own entries as of that date, not today’s. A target date is not a promise, and an escrow account on the record is not an assurance about the project. The full record, with the developer’s licence entry, is in the card below.

Dubai Land Department · project register The Land Department's project register · the status as the developer recorded it. File dated 15 Jun 2026 · synced 26 Sep 2026. The file date is the date carried on the rows themselves; the sync is when Keyva last loaded that file.

What have buyers paid here?

Fewer than 8 off-plan sales of any one home size are recorded here so far. That is too few to set a quote against fairly, so there is no comparison with your quote. The area’s prices below are the nearest guide.

Dubai Land Department · recorded sales Off-plan sales of homes in this project, on record with the Land Department · sales of finished homes are not mixed in, and apartments are not mixed with villas. A home size is shown only with 8 or more sales behind it. File dated 8 Oct 2026 · synced 8 Oct 2026.

And in Dubai Production City?

Off-plan homes:

AED 1,691/sqft typical price · Sep 2026 · 272 home sales

Finished homes:

AED 940/sqft typical price · Sep 2026 · 23 home sales

Each line is the last full month with 5 or more sales, so a month that has only just begun is not shown. Two different purchases, so they are shown apart and never mixed. Each line counts homes of every size in the area, this project’s included, so read it as a backdrop and not as a price for one home.

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What has the developer done before?

Island Oasis Properties: 19 completed projects and 8 off-plan or in progress, by Keyva’s count from 16,206 recorded sales, Aug 2008 to 7 Oct 2026.

Counts, not a rating. Keyva does not rank developers. See every project →

Dubai Land Department · recorded sales Sales on record with the Land Department · typical prices, not estimates. Half of the sales were above a typical price, half below. File dated 8 Oct 2026 · synced 8 Oct 2026.

What the records cannot tell you

• Whether the building will be finished on the date you were given.
• Whether the price is fair for the exact home you were offered. The sales above are what others paid.
• What the home will rent for, or what its yearly service charge will be, once it is built.
• Whether the person selling to you is a licensed broker. That one you can check yourself, free.

Check the broker’s licence →The free checks you can run yourself →