DAMAC "Sorrento" NEW LAUNCH
DAMAC Properties · Damac Lagoons · Dubai
SKID Score7.3 / 10
SKID Score
7.3 / 10
Worth comparing
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
- Published price
- From AED 672K
- Payment plan
- Down payment 15%.
- Handover
- Jan 2030
- Available units
- 0–1 beds
- Gross yield
- 4.8%
- Fair value
- +6.9%
- Risk
- Medium
- At handover
- 85% at or after handover
SKID intelligence
How does this project compare across all 10 factors?
- Gross yield
- 4.8%
- Fair value
- +6.9%
↓ 0.9 since last analysis
Last evaluated: 2026-10-21
01 · Ranked
10 factors
0% total
Tap any slice or factor below to inspect how SKID weighs and verifies it.
Why SKID gave it 7.3
| Factor | Weight | Score |
|---|---|---|
Location Waterfront or beach positioning | 22.9% | 7.9/ 10 |
Entry price Launch is +6.9% versus median DLD sale price per sq ft in this community | 17.1% | 6.0/ 10 |
Developer 21 other catalog project(s) already past their published handover | 17.1% | 8.6/ 10 |
Supply / competition 3 other live launches in Damac Lagoons | 11.4% | 8.0/ 10 |
Appreciation potential Community closed-sale trend is +0.0% year on year | 11.4% | 6.3/ 10 |
Rental yield Implied gross yield is 4.8% against community rents | 8.6% | 5.2/ 10 |
Delivery risk Handover is more than three years out | 5.7% | 6.7/ 10 |
Exit liquidity 226 closed sales in the last year in this community | 5.7% | 8.6/ 10 |
Strong
- • 21 other catalog project(s) already past their published handover
- • 3 other live launches in Damac Lagoons
- • 226 closed sales in the last year in this community
Watch
- • Waterfront or beach positioning
- • Launch is +6.9% versus median DLD sale price per sq ft in this community
- • Community closed-sale trend is +0.0% year on year
- • Handover is more than three years out
Risk
- • Implied gross yield is 4.8% against community rents
🤖What the agents are saying & Did each agent do its job?Show audit details ▾
Did each agent do its job?
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation for DAMAC Properties: 8.6 / 10 from delivery history. 21 other catalog project(s) already past their published handover Active UAE developer with established multi-project delivery history Delivery risk 6.7 / 10. Handover is more than three years out.
Community read for Damac Lagoons: location 7.9 / 10, supply 8.0 / 10. Waterfront or beach positioning Amenities mention park 3 other live launches in Damac Lagoons
Pricing agent: Launch is +6.9% versus median DLD sale price per sq ft in this community No usable service charge, so that factor was left out. 226 closed sales in the last year in this community
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 4.8% against community rents
No payment plan split was published, so the payment plan did not change the SKID score.
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
What the agents are saying
News sentiment
No current news specifically about this project, developer, or community, so news did not change the SKID score.
Developer evaluation
Developer evaluation for DAMAC Properties: 8.6 / 10 from delivery history. 21 other catalog project(s) already past their published handover Active UAE developer with established multi-project delivery history Delivery risk 6.7 / 10. Handover is more than three years out.
Community
Community read for Damac Lagoons: location 7.9 / 10, supply 8.0 / 10. Waterfront or beach positioning Amenities mention park 3 other live launches in Damac Lagoons
Pricing
Pricing agent: Launch is +6.9% versus median DLD sale price per sq ft in this community No usable service charge, so that factor was left out. 226 closed sales in the last year in this community
ROI
ROI agent: Community closed-sale trend is +0.0% year on year Implied gross yield is 4.8% against community rents
Payment plan
No payment plan split was published, so the payment plan did not change the SKID score.
Orchestrator
Worth comparing. The evidenced factors are mixed. Strongest evidenced factor: developer. Weakest: rental yield.
Payment plan
Payment Plan (4% DLD Waiver) 85% is due at or after handover. Down payment 15%.
Location
Damac Lagoons · Dubai
Recent sales nearby
| Date | Type | Price | Sq ft | AED / sq ft |
|---|---|---|---|---|
| 2026-07-07 | Off-plan · Apartment | AED 687K | 354 | 1,942 |
| 2026-07-07 | Off-plan · Apartment | AED 1.56M | 1,160 | 1,348 |
| 2026-07-07 | Off-plan · Apartment | AED 1.3M | 790 | 1,642 |
| 2026-07-07 | Off-plan · Apartment | AED 1.38M | 818 | 1,690 |
| 2026-07-07 | Off-plan · Apartment | AED 1.61M | 970 | 1,660 |
| 2026-07-07 | Off-plan · Apartment | AED 729K | 378 | 1,931 |
| 2026-07-07 | Off-plan · Apartment | AED 631K | 328 | 1,927 |
| 2026-07-06 | Off-plan · Apartment | AED 1.27M | 743 | 1,710 |
Closed sales in this community. These are not this tower's own contracts unless the record says so.
Available units
0–1 beds · Apartments
AED 672K – AED 1.36M
341 – 798 sq.ft
From AED 1.48M
879 sq.ft
From 341 sq ft / sq m as published
Amenities
- Covered Parking
- Shared Pool
- Broadband Internet
- Kids’ Play Area
- Lobby
- SPA
- Dining outlets (coffee houses & restaurants)
- Lift
- Walking Paths
- Pool Deck
- Outdoor Cinema
- Parking
- Bar
- Outdoor Yoga
- Aqua Fitness
Compare
DAMAC "Sorrento" NEW LAUNCH
From AED 672K · ★ 7.3 / 10
Questions about this launch
- Who is building DAMAC "Sorrento" NEW LAUNCH?
- DAMAC Properties is the developer named on this launch.
- When is handover for DAMAC "Sorrento" NEW LAUNCH?
- The published handover is Jan 2030.
- What is the starting price of DAMAC "Sorrento" NEW LAUNCH?
- The published starting price is AED 672K.
- What does the SKID screen mean for DAMAC "Sorrento" NEW LAUNCH?
- The SKID screen for this launch in Damac Lagoons is 82 out of 100. It ranks the published payment plan, handover date, starting price, and whether a developer is named. It is not a buy signal. Run the simulation before you reserve.