DAMAC Lagoons Portofino
Portofino at DAMAC Lagoons: handover date, prices and payment plan. An Italian Riviera-themed DAMAC Lagoons cluster of 3 to 5 bedroom townhouses and 7 bedroom villas, 97.14% complete on the DLD register in July 2026.
Short answer
Portofino was 97.14% complete on the Dubai Land Department register at its inspection on 16 July 2026, against a registered completion date of 29 June 2025. It is not yet recorded as finished. Registered rental contracts show that some Portofino homes are already let, so handovers appear to be under way, but DAMAC has not published a cluster date. Portofino launched in 2022 from about AED 1.57 million for a 3 bedroom townhouse. DLD-registered resales from June to September 2026 put 3 bedroom townhouses at AED 2 million to AED 2.6 million.
- Status
- partly handed over
- Handover date
- Registered date 29 Jun 2025 has passed; not yet recorded finished on the DLD register
- Construction
- 97.14% complete (DLD inspection, 16 Jul 2026)
- Payment plan
- Launch plan 20% on booking, 40% during construction, 40% at handover (Property Finder)
- Starting price
- Launched from AED 1.57M (3 bed); 3 bed resales AED 2M to 2.6M (DLD, Jun to Sep 2026)
Construction
97.14%
DLD inspection, 16 Jul 2026
Homes on the DLD register
867
Continental Club, DLD registry
Registered completion date
29 Jun 2025
DLD register, now passed
Gross rental yield
6.6%
Continental Club, DLD sales and leases, Sep 2026
When will DAMAC Lagoons Portofino be handed over?
Portofino is an Italian Riviera-themed cluster of DAMAC Lagoons, the community opposite DAMAC Hills in Dubailand. Bookings opened in April 2022 and construction started the same month (Property Finder).
The Dubai Land Department (DLD) registers Portofino as a single project of 867 homes. At its latest inspection on 16 July 2026 it was 97.14% complete, up 0.24 points from the previous inspection on 17 March 2026 (Continental Club, DLD registry). The registered completion date was 29 June 2025, so the cluster is past that date and not yet recorded as finished.
Handovers do appear to be under way. DLD rental records list signed leases for Portofino homes (Continental Club), which indicates that some homes are already occupied. A broker report in August 2026 described Portofino as in its final handover stages (Edwards and Towers, 17 August 2026). Some property portals describe Portofino as handed over from Q4 2024, which is earlier than the DLD figures suggest. DAMAC has not published a date for the cluster as a whole. The date in your SPA is the one that applies to your unit.
DAMAC Lagoons Portofino homes and sizes
Portofino has 3, 4 and 5 bedroom townhouses and a small number of large 7 bedroom villas. Data Habibi lists 816 townhouses and 61 villas.
| Home type | Built-up area | Launch price |
|---|---|---|
| 3 bed townhouse | About 2,015 sq ft | From AED 1.57 million |
| 4 bed townhouse | About 2,211 sq ft | Not published |
| 5 bed townhouse | About 3,293 sq ft | Not published |
| 7 bed villa | 7,205 to 12,319 sq ft | From about AED 7.3 million |
Sources: Data Habibi (DLD records), accessed 29 September 2026; villa launch price from Propsearch. Most townhouses sit on plots of about 1,550 sq ft.
DAMAC Lagoons Portofino prices and resale
DLD-registered sales between June and September 2026:
| Home type | Recent sale prices | Source |
|---|---|---|
| 3 bed townhouse | AED 2 million to AED 2.6 million | Data Habibi |
| 4 bed townhouse | AED 2.53 million to AED 2.75 million | Data Habibi; Property Finder |
| 5 bed townhouse | AED 3.4 million (15 Jul 2026) | Data Habibi |
| 7 bed villa | AED 9 million to AED 10.5 million | Data Habibi |
A 3 bedroom townhouse bought at the AED 1.57 million launch price now resells for about 27% to 66% more on these figures. Continental Club counts 1,516 DLD-registered deals in Portofino since 2022 and a 2% rise in the median price over the past year.
DAMAC Lagoons Portofino rents
Property Finder’s listing averages for the 12 months to September 2026 are about AED 137,100 a year for 3 bedrooms, AED 148,200 for 4 bedrooms and AED 207,500 for 5 bedrooms. Registered leases listed by Continental Club run from AED 120,000 to AED 137,000 for 3 bedrooms, AED 145,000 to AED 160,000 for 4 bedrooms and AED 180,000 to AED 195,000 for 5 bedrooms. Continental Club puts the gross rental yield at 6.6%, and Property Finder at 5.7%.
DAMAC Lagoons Portofino payment plan
Property Finder records the launch plan as 20% on booking, 40% during construction and 40% at handover. With 40% due at handover, buyers who bought off-plan pay the largest single amount when their unit is handed over. DAMAC no longer has stock in Portofino, so buyers today pay a resale price plus the 4% DLD transfer fee.
How Portofino compares with other DAMAC Lagoons clusters
| Cluster | Main home types | DLD status | Recent 4 bed resales |
|---|---|---|---|
| Portofino | 3 to 5 bed townhouses, 7 bed villas | 97.14%, 16 Jul 2026 | AED 2.53M to 2.75M |
| Santorini | 3 to 5 bed townhouses, 6 bed villas | Finished, by 9 Apr 2026 | AED 2.6M to 2.95M |
| Costa Brava | 3 to 5 bed townhouses, 6 bed villas | Finished, by 4 Aug 2026 | AED 2.58M to 3M |
| Malta | 4 and 5 bed townhouses, 7 bed villas | Finished, by 19 Jun 2026 | AED 2.48M to 3M |
| Nice | 4 and 5 bed townhouses, 6 bed villas | 84% to 94%, Aug 2026 | AED 2.4M to 2.7M |
| Venice | 6 and 7 bed villas only | 74.43%, 17 Jul 2026 | No townhouses |
Sources: DLD register via Real Estate Club Dubai and Continental Club; DLD sales via Data Habibi and Property Finder, 2026. Portofino has the largest villas of the townhouse clusters, at up to about 12,300 sq ft.
What to check before buying at DAMAC Lagoons Portofino
- Whether the specific home has been handed over, and whether a title deed has been issued.
- The DLD project status for Portofino, through DLD’s project status enquiry service.
- What the seller still owes DAMAC, since 40% of the price was due at handover on the launch plan.
- The service charge. No rate for Portofino was listed on the DLD service charge index as of September 2026 (PropertyStellar, 12 Sep 2026).
- Recent DLD sales for the same layout and plot size, since end units and larger plots sell for more.
DAMAC Lagoons Portofino location: DAMAC Lagoons, Dubailand, Dubai
Map shows the area. Check the exact plot in the developer's site plan or the DLD project record. Check any project's DLD status.
Questions buyers also ask
Has Portofino at DAMAC Lagoons been handed over?
Not fully on the DLD register. Portofino was 97.14% complete at its inspection on 16 July 2026, against a registered completion date of 29 June 2025 (Continental Club, DLD registry). Registered leases show some homes are already let.
What sizes are Portofino townhouses and villas?
DLD records show 3 bedroom townhouses at about 2,015 sq ft, 4 bedrooms at about 2,211 sq ft, 5 bedrooms at about 3,293 sq ft, and 7 bedroom villas at 7,205 to 12,319 sq ft of built-up area (Data Habibi, accessed 29 Sep 2026).
What do Portofino homes sell for?
DLD-registered sales from June to September 2026 show 3 bedroom townhouses at AED 2 million to AED 2.6 million, 4 bedrooms at AED 2.53 million to AED 2.75 million, a 5 bedroom at AED 3.4 million and 7 bedroom villas at AED 9 million to AED 10.5 million (Data Habibi; Property Finder).
What is the rent in Portofino?
Property Finder's 12-month listing averages are about AED 137,100 a year for 3 bedrooms, AED 148,200 for 4 bedrooms and AED 207,500 for 5 bedrooms (accessed 29 Sep 2026).
What is the Portofino DAMAC payment plan?
Portofino launched with this plan: 20% on booking, 40% during construction, 40% at handover (source: Property Finder). Homes now sell mainly as resales, where the buyer pays the seller and takes over any balance still owed to DAMAC.