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Santorini

What tenants actually pay: the tenancies registered with Ejari, not asking rents. Understand the numbers before you rent.

Santorini — 4 B/R median AED 150,000 a year, AED 97 a sq ft, from 358 Ejari contracts in 12 months. 6 for rent with McCone, AED 200K – 400K / year. 4 for sale →

Your agent in Damac Lagoons

Adil Almash Khan

Adil Almash Khan

Leasing

Renting in Santorini? Adil can walk you through what these numbers mean for you.

Adil is marketing 8 homes for rent in Damac Lagoons right now.

Community
Damac Lagoons
First on record
2021 — already a completed home — the record opens after handover
Sales on record
1,617 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
0% — 0 bought off-plan from the developer, 1,617 resales of a completed home

Every recorded sale in Santorini — prices, sizes and the year it was handed over →

Living in Damac Lagoons — the area guide →

What a home in Santorini returns on its rent — the yield calculator →

Recorded rent per sq ft
AED 97
a year · 358 contracts here, 12 months
Mean AED 98 a year
Gross yield
—
Needs five recorded sales of one layout
Recorded sale price
AED 1,792
per sq ft · 1,617 sales on record
Handed over
—
Not derivable from the register

Recorded rents

What Santorini rents for, by layout

Tenancies registered with Ejari that name Santorini, last twelve months. Annual rents, medians.

LayoutTypical sizeMedian rentMean rentPer sq ft / yearContracts
3 B/R1,550 sqft145,000146,2099445
4 B/R1,550 sqft150,000155,33997182
5 B/R2,364 sqft195,000198,91891130

Layouts with fewer than five contracts in the year are left out. 366 contracts name this building on the register since 2025.

For comparison

Recorded rents in Damac Lagoons

How Santorini sits against its community. The full Damac Lagoons rental report →

LayoutMedian rentMean rentNew leaseRenewalPer sq ft / yearContracts
Studio40,00040,52142,00037,84988280
1 B/R54,24354,36158,00050,000751,063
2 B/R77,00078,55582,96472,00069675
3 B/R130,000124,564135,000101,84877236
4 B/R145,000147,912145,000—94461
5 B/R190,000196,376190,000—86198

Every tenancy, as registered

Recent contracts in Santorini

The latest tenancies registered with Ejari naming this building, newest first.

StartLayoutSizeAnnual rentType
11 Oct 20264 B/R1,550174,000New lease
10 Oct 20265 B/R2,364180,000New lease
10 Oct 20263 B/R1,550120,000New lease
10 Oct 20265 B/R1,550180,000New lease
9 Oct 20264 B/R1,550150,000New lease
6 Oct 20264 B/R1,550145,000New lease
6 Oct 20264 B/R1,550145,000New lease
5 Oct 20265 B/R2,364180,000New lease
5 Oct 20264 B/R1,550150,000New lease
5 Oct 20264 B/R1,550140,000New lease
4 Oct 20264 B/R1,550150,000New lease
3 Oct 20265 B/R1,550175,000New lease
Where these numbers come from. Every rent on this page is a tenancy contract registered with Ejari, the Dubai Land Department’s rental register, read directly from the Dubai Data Exchange. It is what tenants actually agreed to pay — not asking rents, not our own estimates. Homes only: offices, shops, labour accommodation and whole-building leases are excluded, as are contracts covering several properties at one price and the register’s own typing errors. The municipality’s housing fee on the DEWA bill is 5% of the same registered rent. The register records the area a home sits in and, on about a quarter of contracts, the project — never the building on its own — so a community’s figures are its DLD area’s, and a building’s are its own only where the register names it. Medians are used rather than averages so one unusual contract cannot move the number. Data through 11 Oct 2026.

Nearby

What else to look at in Damac Lagoons

The buildings this one sits between on recorded price per square foot, and the newest to start trading. Every one has its own page of registered prices.

BuildingRecorded salesFirst tradedMedian per sq ft
Valencia Tower Anewest38320261,833
Valencia Tower Bnewest39620261,827
Portofino1,34820221,161
Malta1,66120221,158
Costa Brava 185120221,156
Costa Brava 278320221,154
Nice1,49120221,101

Medians over each building’s whole recorded history at the Dubai Land Department, so a tower that has not traded lately is still here — this is what to look at next, not what the market is doing this month. Buildings with fewer than five recorded sales are left out. “First traded” is the year the register first saw a sale in the building, which for a new tower is close to its handover.

Moving into Santorini? Ejari, the DEWA move-in and your Makani number, explained.

Questions about Santorini? Adil is a message away.

Adil Almash Khan

Adil Almash Khan

Your agent in Damac Lagoons