Rendering of an apartment building above a pool deck at dusk

DAMAC Lagoons or Town Square?

Side by side on published prices, yields, new developments and drive times.

Pictured: DAMAC Lagoons District Valencia by DAMAC Properties

Where each one leads

Drawn only from published figures and the developments we list, each with its source.

  • Lower price per sq ft

    Town Square averages AED 1,502 per sq ft against AED 1,720 in DAMAC Lagoons, about 13% less (Property Finder, from registered transactions, 12 months to 12 November 2026).

  • Higher gross yield

    Town Square shows a gross yield of 7.19% against 5.23% in DAMAC Lagoons (Property Finder, from registered transactions, 12 months to 12 November 2026). Gross yield is before service charges and empty months.

  • Higher average rent

    New tenancy contracts in DAMAC Lagoons average AED 162,223 a year against AED 104,095 in Town Square (Property Finder, from registered tenancy contracts, 12 months to 12 November 2026).

  • Closer to Al Maktoum International Airport

    Town Square is about 20 minutes from Al Maktoum International Airport by car, against about 28 minutes from DAMAC Lagoons.

Side by side

DAMAC Lagoons and Town Square compared
MeasureDAMAC LagoonsTown Square
EmirateDubaiDubai
TenureFreeholdFreehold
Price per sq ftAED 1,720Property Finder, 12 months to 12 November 2026, 3,236 salesAED 1,502Property Finder, 12 months to 12 November 2026, 1,973 sales
Gross rental yield5.23%Property Finder, 12 months to 12 November 2026, 3,236 sales7.19%Property Finder, 12 months to 12 November 2026, 1,973 sales
Average annual rentAED 162,223Property Finder, 12 months to 12 November 2026, 967 contractsAED 104,095Property Finder, 12 months to 12 November 2026, 6,505 contracts
Developments we list30
Drive to Al Maktoum International Airportabout 28 minutesabout 20 minutes
Drive to Dubai International Airportabout 35 minutesabout 31 minutes

Each figure is shown as its publisher states it, with the period it covers. A row appears only where both areas have a figure. Property Finder’s figures are averages across home types, so they mix studios and large homes. Read 12 November 2026.

New developments in each

DAMAC Lagoons

All developments in DAMAC Lagoons

Town Square

We do not list a development in Town Square yet.

What each area is like

DAMAC Lagoons

DAMAC's Mediterranean-themed lagoon community on Hessa Street beside DAMAC Hills. Townhouse clusters are partly complete; apartment buildings at Lagoon Views and newer clusters hand over between 2027 and 2030.

Who it suits

  • Families wanting a townhouse in a partly finished community they can inspect
  • First-time investors looking for a one-bedroom flat at around AED 1 million to AED 1.5 million
  • Buyers who want resort-style amenities and accept suburban distances

In its favour

  • Partly delivered: several townhouse clusters are listed as ready, so the lagoons and build quality can be seen
  • More than 45 million sq ft master plan next to the established DAMAC Hills
  • Apartments from under AED 1 million alongside three- to five-bedroom townhouses

Worth weighing

  • DAMAC keeps adding apartment phases: Lagoon Views alone has more than a dozen buildings, which caps rental and resale pricing for flats
  • Thirty per cent is typically due on handover under DAMAC's plan, a large single payment
Area guide: DAMAC Lagoons

Town Square

Nshama's large mid-market community on Al Qudra Road: park-facing apartment blocks and townhouses, well-stocked with shops, and still launching new buildings every few months.

Who it suits

  • Families on a mid-market budget
  • First-time buyers who will live in the home
  • Investors targeting family tenants
  • Buyers who want an established community

In its favour

  • Established community with supermarkets, around 90 shops and restaurants and a large central park
  • One master developer controls design, phasing and community management
  • Active resale market: 1,973 sale transactions in 12 months (Property Finder, checked 12 November 2026)

Worth weighing

  • A steady pipeline: buildings are due for handover every few months from late 2026 to 2029, all with similar 1 to 3 bedroom layouts that will compete for the same tenants and resale buyers
  • No metro; about 25 minutes to Downtown Dubai and 31 to Dubai International Airport by car, longer at peak times on Al Qudra Road
Area guide: Town Square

DAMAC Lagoons or Town Square: quick answers

Is DAMAC Lagoons or Town Square cheaper per square foot?

Town Square is cheaper on the published figures: AED 1,502 per sq ft against AED 1,720 in DAMAC Lagoons (Property Finder, from registered transactions, 12 months to 12 November 2026). Averages move with the mix of homes sold, so compare like with like before relying on the gap.

Which has the higher rental yield, DAMAC Lagoons or Town Square?

Town Square, on the published figures: a gross yield of 7.19% against 5.23% in DAMAC Lagoons (Property Finder, from registered transactions, 12 months to 12 November 2026). Gross yield is before service charges, empty months and fees, so the net return is lower.

What is the average rent in DAMAC Lagoons and Town Square?

New tenancy contracts average AED 162,223 a year in DAMAC Lagoons and AED 104,095 in Town Square (Property Finder, from registered tenancy contracts, 12 months to 12 November 2026). Both averages mix small and large homes.

Which is closer to Al Maktoum International Airport, DAMAC Lagoons or Town Square?

Town Square, at about 20 minutes by car against about 28 minutes from DAMAC Lagoons. Drive times are approximate and vary with traffic.

Which is closer to Dubai International Airport, DAMAC Lagoons or Town Square?

Town Square, at about 31 minutes by car against about 35 minutes from DAMAC Lagoons. Drive times are approximate and vary with traffic.

Can foreigners buy property in DAMAC Lagoons and Town Square?

DAMAC Lagoons is a designated freehold area, open to buyers of any nationality. Town Square is a designated freehold area, open to buyers of any nationality. Sales in Dubai are registered with the DLD.

Which new developments can I buy in DAMAC Lagoons and Town Square?

In DAMAC Lagoons: Sorrento Lagoon Views from AED 680,000, DAMAC Lagoons District Valencia from AED 1,567,000 and Lagoon Views from AED 1,625,000. We do not list a development in Town Square yet.

Not sure which area fits?

Tell us your budget, your timing and whether you will live there or let it, and we will set the two areas against each other for you.

  • Current price list and availability, direct from the developer
  • No fee to you on off-plan purchases: the developer pays us
  • One salaried adviser, not on commission, from first call to handover

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