HIGHLIGHTS
ABOUT SANTORINI
Overview | Project Details |
|---|---|
Overview Location | Project Details DAMAC Lagoons |
Overview Project type | Project Details Off-plan |
Overview Property type | Project Details Villas & Townhouses |
Overview Unit type | Project Details 3-Bed to 6-Bed |
Overview Developer | Project Details DAMAC Properties |
Overview Est. Completion | Project Details Q3, 2024 |
Santorini is a luxury community and the first phase of a water-inspired residential project – DAMAC Lagoons area. It is the off-plan community’s central hub, featuring 3 to 6-bedroom houses built around the white sand beach and azure blue lagoons. The off-plan community also has a bunch of recreational amenities and facilities offering resort-style living to residents. The expected completion date of the project by DAMAC Properties is Q3, 2024.
IN A NUTSHELL
- A waterfront community by DAMAC Properties
- Offers 3-bed to 6-bed villas and townhouses
- Situated near beach and lagoon
- Houses are connected with walking paths and tracks
- Handovers are expected in Q3, 2024
PROPERTY
COMMUNITY OVERVIEW
Santorini is one of the eight sub-districts of DAMAC Lagoons with a collection of opulent villas and an array of water-based activities. It is located in the heart of the community with easy connectivity to Hessa Street (D63) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54).
Santorini Masterplan
At DAMAC Lagoons Santorini, the residences will be inspired by homes on the Greek island – Santorini featuring whitewashed exteriors and blue touches. The bicycle tracks and walking pathways will join these villas to provide easy connectivity to each facility. It is a “Fitness & Wellness Zone” of the waterfront development where residents can either indulge in watersports activities or watch their favourite movie under the stars.
The project also includes a wave pool, lagoon zipline and facility for snorkelling within the neighbourhood. Those who want to enjoy the scenic views of lagoons can dine at waterside cafés and restaurants along with friends and family. Other features include an exclusive clubhouse and a boutique retail area.
Properties in Santorini
There are 3 to 6-bedroom well-equipped villas and townhouses in Santorini DAMAC Lagoons Dubai available for sale. These two or three-storey houses come with an expansive living area with windows opening to the garden, a fitted kitchen, a master bedroom with an attached en-suite bathroom and a parking facility. Depending on the layout, a few houses offer a games room on the top floor and a terrace. A wooden walkway is the highlight of the project which is located on the edge of the lagoons that lead to your home.
Sales Trends in Santorini DAMAC Lagoons Dubai
Villa Type | Average Sale Price in AED |
|---|---|
Villa Type 3-Bed | Average Sale Price in AED 1,569,000 |
Villa Type 4-Bed | Average Sale Price in AED 1,479,000 |
Villa Type 5-Bed | Average Sale Price in AED 2,566,000 |
Villa Type 6-Bed | Average Sale Price in AED 5,500,000 |
Prospective buyers can consider villas for sale in Santorini starting from as low as AED 1.4M.
- The sale price of 3-bedroom villas in Santorini starts from AED 1.4M to AED 2.1M
- For buying 4-bedroom villas in Santorini, one must prepare to shell out AED 1.6M to AED 2M
- The prices for 5-bedroom villas for sale in Santorini fluctuate between AED 2.1M to AED 4.5M
- The expansive 6-bedroom villas for sale in Santorini can be purchased from AED 3.7M to AED 5.5M
The sale prices of villas in DAMAC Lagoons can vary depending on unit size, location and amenities.
For townhouses in the community, the price range is as follows:
- 3-bedroom townhouses for sale in Santorini are available at AED 1.3M to AED 1.8M
- The starting price of 4-bedroom townhouses for sale in Santorini is AED 1.5M while it can go up to AED 2.7M for 5-bedroom townhouses for sale in Santorini
Prospective buyers can also find several townhouses for sale in DAMAC Lagoons to earn valuable returns.
PAYMENT PLAN
Instalment | Payment in % | Schedule |
|---|---|---|
Instalment Down Payment | Payment in % 24% | Schedule On booking |
Instalment 1st | Payment in % 5% | Schedule Within 3 months from booking date |
Instalment 2nd | Payment in % 5% | Schedule Within 6 months from booking date |
Instalment 3rd | Payment in % 5% | Schedule Within 9 months from booking date |
Instalment 4th | Payment in % 5% | Schedule Within 12 months from booking date |
Instalment 5th | Payment in % 8% | Schedule Within 15 months from booking date |
Instalment 6th | Payment in % 8% | Schedule Within 18 months from booking date |
Instalment 7th | Payment in % 8% | Schedule Within 21 months from booking date |
Instalment 8th | Payment in % 8% | Schedule Within 24 months from booking date |
Instalment 9th | Payment in % 8% | Schedule Within 27 months from booking date |
Instalment 10th | Payment in % 20% | Schedule On completion |
*Source: DAMAC Properties
Those interested in buying property in Santorini will find easy and flexible payment options by DAMAC Properties. With a 24% down payment (inclusive of 4% DLD), investors can book the home of their choice. Afterwards, they can pay 60% of the total payment in easy instalments and the remaining 20% at the time of handovers.
Location
- A 20-minute drive to Arabian Ranches and Motor City
- Dubai Autodrome is a 14-minute drive away
- An 18-minutes to Cityland Mall
FAQs about Santorini
Where is Santorini located?
Santorini is a part of DAMAC Lagoons set in the heart of the community, close to Hessa Street.
What property types are available in Santorini?
You can choose from 3 to 6-bedroom villas and townhouses in Santorini.
*Featured image source: DAMAC Properties