Damac Lagoons - Portofino Prices & Rents | DAMAC Lagoons and Remraam

Updated 5 October 2026 · Source: Dubai Land Department records · All Dubai area guides

How much does it cost to buy or rent in Damac Lagoons - Portofino?

Tenants paid a median of AED 145,000 a year over the past 6 months (105 Ejari contracts) and AED 145,000 over 12 months (102 contracts).

Median annual rent, 6 months

AED 145,000

12 months: AED 145,000

Source: DLD-recorded sales and Ejari contracts for Damac Lagoons - Portofino, Al Hebiah Fifth. "6 months" and "12 months" mean the 6 and 12 months to the latest data.

Damac Lagoons - Portofino at a glance

Developer	Island Oasis Properties
Location	DAMAC Lagoons and Remraam (DLD district: Al Hebiah Fifth)
Status	Ready and handed over (Ejari leases registered)
DLD-recorded sales, past 24 months	194

Developer, district and sales from Dubai Land Department records; status from registered Ejari leases; sizes are the typical registered unit size of each type.

Damac Lagoons - Portofino brochure and floor plans

Damac Properties's official documents: Brochure (23 pages) · Floor plans (4 pages). Sent to you on WhatsApp in seconds, together with the AYAN app link.

Get the brochure on WhatsApp

Shared by YAZDAN Properties on behalf of Damac Properties. Tap the button and press send; the documents arrive in the same chat.

Rents in Damac Lagoons - Portofino

Over the past 6 months, 105 rent contracts were registered here, with a median of AED 145,000 a year (about AED 12,083 a month) and half paying between AED 135,000 and AED 150,000. Over 12 months the median was AED 145,000 across 102 contracts. The range covers every unit size in the building, so a studio and a 3-bedroom sit in the same figures.

Period	Lower quarter	Median	Upper quarter	Contracts
Last 6 months	AED 135,000	AED 145,000	AED 150,000	105
Last 12 months	AED 135,000	AED 145,000	AED 150,000	102

Source: DLD Ejari rent contracts (new and renewed) registered in the 6 and 12 months to 7 October 2026.

How prices have moved around Damac Lagoons - Portofino

The median price per sq ft across DAMAC Lagoons and Remraam went from AED 1,585 in Q4 2024 to AED 1,641 in Q3 2026, up 3.5%, and up 5.1% on the same quarter a year earlier.

District figures: DLD-recorded sales across Al Hebiah Fifth, quarters with at least 10 sales. A building-level chart replaces this once enough quarterly data is loaded.

Location: what's near Damac Lagoons - Portofino

Metro: Jumeirah Golf Estates (8.8 km)
Schools: Wonder Years Nursery (500 m), Jebel Ali School (1.1 km), Ranches Primary School (3.9 km)
Hospitals: NMC dip (9.5 km), Mediclinic Springs (9.9 km)
Malls: Rijat Retail Mall-12 (4.9 km), Joud Boulevard East (4.9 km)
Beach: Marina Beach Dubai (14.7 km)
Park: Al Thamam 18-20 Park (500 m)
Airports: Dubai International Airport (30.4 km), Al Maktoum International Airport (12.9 km)

Straight-line distances from the centre of DAMAC Lagoons and Remraam, not from the building itself; driving distances are longer. Map data © OpenStreetMap contributors.

How Damac Lagoons - Portofino compares with DAMAC Lagoons and Remraam

The district's gross rental yield was 9.7% in the same report. Damac Lagoons - Portofino is by Island Oasis Properties, and DLD recorded 194 sales in the project over the past 24 months.

Market reports

For the wider picture, read our monthly reports built from the same DLD records.

Dubai market report, August 2026: Prices firm as volume slips in August. A pause, or a turn?

Before you buy in Damac Lagoons - Portofino

Ask for the service charge per sq ft and the last two years of statements.
Check whether the unit is ready or off-plan. For off-plan, get the handover date and payment plan in writing.
Compare the asking price with recorded sales in the same building, not just the area median.
Get mortgage pre-approval before you make an offer, so you know your real budget.

Questions buyers and owners ask

What is the rent in Damac Lagoons - Portofino?

The median annual rent was AED 145,000 across 105 Ejari contracts in the past 6 months, and AED 145,000 across 102 contracts over 12 months. Half of those leases fell between AED 135,000 and AED 150,000.

Who developed Damac Lagoons - Portofino?

Island Oasis Properties, according to the DLD project register.

Which area is Damac Lagoons - Portofino in?

DLD records it in Al Hebiah Fifth, the district that covers DAMAC Lagoons and Remraam (Al Hebiah Fifth).

About these figures. Every number on this page comes from Dubai Land Department records: registered sales and Ejari rent contracts for Al Hebiah Fifth. We use medians rather than averages, so a few very large or very small deals don't skew the picture. Building figures are matched on the project name DLD records. Sale and rent figures are shown for the past 6 months and the past 12 months, so the latest market sits next to the longer view. Rents cover Ejari contracts registered in each period. DLD usually registers a sale about a month after it happens, so the newest weeks are always a little light. Last updated 5 October 2026. You may quote these figures with credit to Yazdan Properties, under CC BY 4.0.

Keep exploring

The YAZDAN app

Get AYAN, YAZDAN's free property app

A live off-plan map of 1,700+ UAE projects, a full UAE mortgage calculator and OS-level spam-call protection, all in one app.

Get the AYAN app →

Or go straight to the App Store or Google Play. On a computer? Open map.YAZDAN in your browser, no download needed.

AYAN app by YAZDAN: off-plan map, mortgage calculator and spam-call protection

Looking at Damac Lagoons - Portofino? Know the fair price before you offer.

YAZDAN Properties pulls every recorded sale and rent in Damac Lagoons - Portofino, checks the service charge, and tells you what a fair offer is for the unit you want.

Book a 30-minute advisory call → WhatsApp us about Damac Lagoons - Portofino

Or email info@yazdan.ae directly.