HIGHLIGHTS
ABOUT DAMAC LAGOONS
Overview | Project Details |
|---|---|
Overview Location | Project Details Dubai |
Overview Project type | Project Details Off-plan |
Overview Property type | Project Details Villas, Townhouses & Apartments |
Overview Unit type | Project Details 3-Bed to 6-Bed |
Overview Developer | Project Details DAMAC Properties |
Overview Expected completion | Project Details Q4, 2024 |
DAMAC Lagoons will be a residential development by DAMAC Properties, nestled opposite DAMAC Hills. There will be 3 to 5-bedroom townhouses and 6-bedroom villas in eight Mediterranean-inspired clusters. DAMAC Lagoons project will be completed by Q4, 2024.
IN A NUTSHELL
- An off-plan project by DAMAC Properties
- Features 8 Mediterranean-inspired clusters
- Offers 3 to 5-bedroom townhouses and 6-bedroom villas
- Amenities include gondola rides, water cinema and snorkelling
Property
COMMUNITY OVERVIEW
DAMAC Lagoons location is waterfront and tucked away from the city yet connected to key areas and notable landmarks via major roads of the emirate. Besides offering basic amenities, the community also has a range of state-of-the-art facilities such as a floating amphitheatre and water cinema. Moreover, the development will feature a range of recreational facilities, including kayaking, a lagoon zipline, a wave pool, snorkelling, and wave riding.
DAMAC LAGOONS DUBAI MASTERPLAN
Damac Lagoons project will spread over an area of 45 million sq. ft., featuring a cluster of eight sub-communities. These Mediterranean-inspired villa communities will feature unique designs and facilities.
Venice will be a luxurious waterfront development featuring Italian-inspired townhouses and villas. It has a range of amenities such as waterside cafes and gondola rides. Morocco cluster will feature a stunning collection of premium standalone villas and townhouses inspired by Moroccan architecture. Portofino will feature a range of 4, 5 and 7-bedroom luxury residences.
Santorini and Costa Brava are two lively communities offering several activities for adrenaline junkies. Andalusia is the ladies’ hub equipped with salons, spas, gyms and meditation lounges, while Malta and Nice are dedicated to children and youngsters. In short, these eight wonders of the Mediterranean come alive in the DAMAC Lagoons project.
PROPERTIES IN DAMAC LAGOONS AREA
A wide range of options is available for properties in DAMAC Lagoons Dubai. Investors and end-users can opt for villas or townhouses available in 3 to 6-bedroom configurations. These two and three-storey houses are equipped with quality fittings and furnishings while surrounded by waterfalls and lagoons.
Most units have an expansive living area, maid’s room, a kitchen and a storeroom on the ground floor, while master bedrooms and a terrace are set on the second floor. A few residences come with a rooftop area dedicated to a terrace and two connecting rooms. Other features include a private garden and parking area.
Apartments in DAMAC Lagoons are concentrated at one location, called DAMAC Lagoon Views. This upcoming development is further subdivided into up to 10 sub-communities and features 1 and 2-bed units for sale.
SALES TRENDS IN DAMAC LAGOONS DUBAI
Townhouse Type | Average Sales Price in AED |
|---|---|
Townhouse Type 3-bed | Average Sales Price in AED 1,816,000 |
Townhouse Type 4-bed | Average Sales Price in AED 2,129,000 |
Townhouse Type 5-bed | Average Sales Price in AED 2,862,000 |
Townhouse Type 6-bed | Average Sales Price in AED 5,815,000 |
In the last 12 months, around 2,657 sale transactions for properties in DAMAC Lagoons were recorded.
Townhouses and villas for sale in the community, the price range of these units is as follows:
- The sales price of 3-bedroom townhouses in DAMAC Lagoons starts from AED 1.67M and goes up to AED 2.75M.
- Investors can buy 4-bedroom townhouses in DAMAC Lagoons for AED 1.87M to AED 22.4M.
- For buying 5-bedroom townhouses in DAMAC Lagoons, one is expected to spend between AED 2.5M and AED 4.9M.
The sale price for 6-bedroom villas in DAMAC Lagoons is AED 4.8M to AED 35.6M.
Payment Plan
DAMAC Properties has yet to announce the official payment plan for DAMAC Lagoons Dubai. Interested buyers can check out the investment plans by third parties.
FAQS ABOUT DAMAC LAGOONS PROJECT
Where is DAMAC Lagoons location?
DAMAC Lagoons is an off-plan project by DAMAC Properties situated opposite DAMAC Hills, near the intersection of Hessa Street and Sheikh Zayed Bin Hamdan Al Nahyan Street.
What is the price range of DAMAC Lagoons Villas?
The price range of residential units in DAMAC Lagoons starts from AED 1.67M and can go up to AED 22.4M.
What are the floor plans for the DAMAC Lagoons area?
Interested investors can check out DAMAC Lagoons floor plans for each sub-community in 2D and 3D layouts.
Is DAMAC Lagoons area completed?
DAMAC Lagoons is currently under development, the expected handovers will be in Q4, 2024.
Location
- Situated right opposite DAMAC Hills
- 11 minutes from The Els Club, Dubai Sports City
- 12 minutes from Dubai Autodrome and Dubai Polo Equestrian and Club
- Strategically located near Dubailand communities
*Featured image source: DAMAC Properties