Mykonos, Dubai

Mykonos

What people actually paid in Mykonos: the sales registered at the Dubai Land Department, not asking prices. Understand the numbers before you buy.

Mykonos — 37 sales in the last 12 months, median AED 2.67M at AED 1,646 a sq ft, from the DLD register. 3 for sale with McCone, AED 2.64M – 4.00M.

Your agent in Damac Lagoons

Maria Ibrahim

Maria Ibrahim

Senior Sales

Buying in Mykonos? Maria can walk you through what these numbers mean for you.

Maria is marketing 22 homes for sale in Damac Lagoons right now.

Community
Damac Lagoons
First on record
2023 — already a completed home — the record opens after handover
Sales on record
631 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
0% — 0 bought off-plan from the developer, 631 resales of a completed home

Recorded rents and gross yield for Mykonos →

Living in Damac Lagoons — the area guide →

What a mortgage on a home in Mykonos costs a month — and the cash you need on the day →

Median sale price
AED 2.67M
37 sales · the last 12 months
Mean AED 2.89M
Median per sq ft
AED 1,646
-13% on the year before
Mean AED 1,658
Against Damac Lagoons
12 of 19
Community median AED 1,706 / sq ft
Activity, 90 days
6 sales
0.4× its usual pace · 12th of 12 busiest in Damac Lagoons

The recorded market

Price per square foot, by year

The median of every sale registered at the Dubai Land Department here. Not asking prices.

1,596
1,955
1,888
1,622
2023202420252026

The low was 2023 at AED 1,596 a square foot, and it has recovered 2% since. It is still 17% below its 2024 peak.

Every sale, as registered

Recent sales in Mykonos

The last transfers recorded at the Dubai Land Department, newest first.

DateLayoutSizePricePer sq ft
19 Oct 2026—2,4134,067,5201,686
28 Sept 2026—2,4033,450,0001,436
15 Sept 2026—1,5522,250,0001,450
25 Aug 2026—1,5482,473,0001,598
20 Aug 2026—1,5522,473,0001,593
18 Aug 2026—1,5502,473,0001,595
13 Jul 2026—1,5502,473,0001,596
6 Jul 2026—2,3644,205,1801,779
26 Jun 2026—1,5502,370,0001,529
15 Jun 2026—1,5502,864,6401,848
2 Jun 2026—1,5522,834,8001,826
12 May 2026—1,5502,817,6001,818

How often it trades

Sales per year

Off-plan sales dominate a building’s first years; resales take over after handover.Off-planResale

359
64
182
26
2023202420252026

Of the 631 sales on record, 0 were bought off-plan from the developer and 631 were resales of a finished home. The 2026 bar is part-year.

In context

Where it sits in Damac Lagoons

Mykonos is the 12th most expensive of the 19 Damac Lagoons buildings with at least fifteen recorded sales in the last year. These are its immediate neighbours on price.

RankBuildingSales, 12 monthsMedian per sq ft
9Costa Brava 2891,774
10Costa Brava 11011,713
11Lagoon Views 13 Tower B3531,710
12Mykonos371,646
13Malta1661,617
14Ibiza831,612
15Portofino1331,565

Damac Lagoons as a whole: AED 1,706 a square foot across 2,886 sales in the last twelve months.

Where the market is moving

The busiest buildings in Damac Lagoons

Mykonos ranks 12th of the 12 Damac Lagoons buildings with five or more completed-home sales in the ninety days to 19 Oct 2026. These are the five ahead of it, and its own row.

RankBuildingSales, 90 daysAgainst its usual pace
1Malta682.0×
2Portofino451.5×
3Nice361.3×
4Santorini350.7×
5Costa Brava 1341.5×
12Mykonos60.4×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 19 Oct 2026. Buildings with fewer than five sales in the window are not ranked. The ten busiest in Damac Lagoons, with pace against each building’s own year before.

Where these numbers come from. Every figure on this page is drawn from the Dubai Land Department’s transaction register, read directly from the Dubai Data Exchange. It is what buyers actually paid, recorded at transfer — not asking prices, not valuations, not our own estimates. Mortgage registrations, gift transfers, rent-to-own contracts and developers’ own filings are all excluded; none of them is a price a buyer paid. Medians are used rather than averages so one unusual sale cannot move the number. Data through 19 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 Anewest39120261,830
Valencia Tower Bnewest40320261,811
Lagoon Views 4 Tower A4920241,688
Lagoon Views 3 Tower C5720241,685
Lagoon Views 2 Tower C5720241,656
Lagoon Views 3 Tower B5520241,649
Lagoon Views 2 Tower A5420241,627
Lagoon Views 1 Tower A5320241,622
Lagoon Views 3 Tower A5420241,570
Lagoon Views 1 Tower B5420241,526

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.

Questions about Mykonos? Maria is a message away.

Maria Ibrahim

Maria Ibrahim

Your agent in Damac Lagoons