Damac Lagoons - Nice 1 construction progress

Damac Lagoons - Nice 1 was registered to complete in July 2025, 15 months ago, and is still under construction. Over the last year of inspections it has added about 1.8 points a month. Kept at that rate, the site would reach 100% around November 2026.

All 68 site photos, by inspection date

When will Damac Lagoons - Nice 1 be completed?

The completion date registered with the Dubai Land Department is July 2025. At the pace of its recent inspections the site would reach 100% around November 2026. Developers can apply to the Land Department to extend the date, so check the register before relying on it.

How much of Damac Lagoons - Nice 1 is built?

94%, measured at the Land Department site inspection on 10 August 2026. The Land Department engineers have inspected the site 11 times since August 2022.

Is Damac Lagoons - Nice 1 delayed?

Yes. Its registered completion date of July 2025 has passed and the Land Department still lists it as under construction.

Who is building Damac Lagoons - Nice 1?

The registered developer is Island Oasis Properties. It has 26 other projects under construction in Dubai.

Which bank holds the escrow account for Damac Lagoons - Nice 1?

Emirates NBD. Dubai law requires payments for off-plan units to go into a project escrow account at a bank approved by the Land Department, so buyer money is held against this project only.