DAMAC LAGOONS - SANTORINI (2) (part of DAMAC Lagoons)

Building X-Ray

✅ Registered in the official DLD buildings dataset.

Part of DAMAC Lagoons

📍 Al Hebiah Fifth· part of Damac Hills 2· DAMAC Lagoons· BuildingLocation approximate
Source: DLD Ejari Data
Updated: 2026-06-01

Floxcy intelligence

derived from DLD building registry
Building type
🏢Single tower

A specific tower/development — the project name maps to a single building or a small named cluster.

Building age

No creation date in DLD registry for this building.

vs Area rent/sqft
+3.3%

Your 103 AED/sqft vs area median 100 AED/sqft. In line with the area median.

Rental demand signal
📈 High demand

30 active rent contracts in DLD Ejari. Strong activity — easy to find tenants.

Total annual income
AED 5,292,573
30 active contracts
Occupancy
Renewal proxy
Implied yield
5.65%
Rent/sqft ÷ area median PPSF
YoY rent trend
+14.0%
vs 2025 · Al Hebiah Fifth

Per-contract economics

Avg annual rent
AED 176,419
Per active contract
Avg rent / sqft
AED 103
Per active contract
Est. unit price
AED 3,123,505
1713 sqft × area median PPSF

Building footprint

Flats
Floors
Building levels
Elevators
Swimming pools
Car parks

Area context — Al Hebiah Fifth

Median rent (area)
AED 65,000
Median rent / sqft
AED 76
Median price / sqft
AED 1,823
Area yield (capped)
4.16%
Sample (sales)
1,465
Sample (rents)
681

Comparable buildings (Building in Al Hebiah Fifth)

See all →

Lease expiry calendar

22 Person residential contracts expire in the months ahead. Estimated availability applies a blended 39% non-renewal rate; per-month renewal probability is computed from the New/Renew mix in each bucket.

MonthExpiringEst. availableAvg rentRenewal prob.
2027-0210AED 200,00045%
2027-0363AED 176,25045%
2027-0483AED 164,44145%
2027-0563AED 183,49645%
2027-0610AED 150,00045%

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Dubai Land Department · Ejari rent contract registry · last updated 2026-06-01. Income is a proxy (avg contract × active count); implied yield is capped at 25% to filter small-sample artefacts and is null when the area has insufficient DLD price data.