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Portofino

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

Portofino — 133 sales in the last 12 months, median AED 2.75M at AED 1,565 a sq ft, from the DLD register. 5 for sale with McCone, AED 2.48M – 3.70M. 4 for rent →

Your agent in Damac Lagoons

Maria Ibrahim

Maria Ibrahim

Senior Sales

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

Maria is marketing 18 homes for sale in Damac Lagoons right now.

Community
Damac Lagoons
First on record
2022 — already a completed home — the record opens after handover
Sales on record
1,348 — registered at the Dubai Land Department, the latest October 2026
Off-plan share
0% — 0 bought off-plan from the developer, 1,348 resales of a completed home

Recorded rents and gross yield for Portofino →

Living in Damac Lagoons — the area guide →

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

Median sale price
AED 2.75M
133 sales · the last 12 months
Mean AED 3.32M
Median per sq ft
AED 1,565
+12.1% on the year before
Mean AED 1,566
Against Damac Lagoons
15 of 19
Community median AED 1,708 / sq ft
Activity, 90 days
45 sales
1.5× its usual pace · 2nd 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.

1,126
1,172
1,323
1,449
1,581
20222023202420252026

The low was 2022 at AED 1,126 a square foot, and it has recovered 40% since.

Every sale, as registered

Recent sales in Portofino

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

DateLayoutSizePricePer sq ft
9 Oct 2026—2,3643,700,0001,565
8 Oct 2026—1,6362,430,0001,486
7 Oct 2026—6,8829,000,0001,308
7 Oct 2026—1,5502,600,0001,677
6 Oct 2026—1,5502,330,0001,503
5 Oct 2026—1,6362,400,0001,467
5 Oct 2026—1,5502,350,0001,516
2 Oct 2026—1,5502,350,0001,516
1 Oct 2026—6,8899,300,0001,350
30 Sept 2026—1,5502,750,0001,774
28 Sept 2026—1,5502,750,0001,774
28 Sept 2026—1,5502,710,0001,748

How often it trades

Sales per year

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

827
136
155
121
109
20222023202420252026

Of the 1,348 sales on record, 0 were bought off-plan from the developer and 1,348 were resales of a finished home. The 2026 bar is part-year.

In context

Where it sits in Damac Lagoons

Portofino is the 15th 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
12Mykonos401,646
13Malta1641,614
14Ibiza831,613
15Portofino1331,565
16Nice1041,548
17Marbella461,517
18Monte Carlo481,515

Damac Lagoons as a whole: AED 1,708 a square foot across 2,857 sales in the last twelve months.

Where the market is moving

The busiest buildings in Damac Lagoons

Portofino is the 2nd busiest of the 12 Damac Lagoons buildings with five or more completed-home sales in the ninety days to 9 Oct 2026.

RankBuildingSales, 90 daysAgainst its usual pace
1Malta672.0×
2Portofino451.5×
3Costa Brava 1381.9×
4Santorini350.7×
5Nice311.1×

Completed homes only, by the date the Dubai Land Department registered the transfer — the ninety days to 9 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 9 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
Ibiza1,02820231,433
Monte Carlo61020221,284
Marbella82520221,274
Venice60020221,219
Malta1,66120221,158
Costa Brava 185120221,156
Costa Brava 278320221,154
Santorini1,61720211,105

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 Portofino? Maria is a message away.

Maria Ibrahim

Maria Ibrahim

Your agent in Damac Lagoons