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Apartments for sale in The Grand Lagoon

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Buying an Apartment in The Grand Lagoon

For many people, the fastest means of gaining capital is to invest in property. Although there are many investment opportunities around the world, many people believe that investing in properties in Dubai will yield greater equity. What’s more, one of the most affordable means of buying an apartment is to purchase it off-plan. There are many off-plan projects that are under construction in Dubai. However, one of the most anticipated projects lies within the vicinity of Dubai Creek, known as The Lagoons. Real estate in The Lagoons will be divided into 3 sub-areas: The Grand Lagoon, Creekside 18 and Dubai Creek Harbour.

Types of Apartments in The Grand Lagoon

1-bedroom apartments for sale in Grand Lagoon will typically come with 2-baths and 801 sq. ft. of a living space. Those looking at 2-bedroom apartments in Grand Lagoon can expect a unit in this class to come with 2-baths and around 1,268 sq. ft. of a floor space. Consequently, apartment units are currently only available with 1 and 2-beds. On a different note, these flats are currently off-plan, but once fully constructed, they will offer an ultra-luxurious living.

Sale Price Trends for Apartments in Grand Lagoon

Investors or residents interested in buying 1-bed apartments in Grand Lagoon should expect to own one of these units if they are able to pay AED 1.26M. Also, there’s a more-affordable version which will cost around AED 1.1M. Those looking to procure a 2-bed apartment in Grand Lagoon should expect the price range to fall between AED 1.8M to AED 1.5M. Some realtors will offer an off-plan payment option that requires 10% payment to book the unit, then buyers will have to pay 50% of the overall purchase value during the construction. Once the construction is completed, the remaining 40% will have to be paid to take possession of the keys.

Highlights of Grand Lagoon

Once residents move into the Grand Lagoon apartments, they will find that the nearby communities offer plenty of places for dining and entertainment. For instance, in the nearby community of International City, residents will find a variety of casual and formal dining establishments. For instance, there is the Al Grissino Restaurant & Lounge where residents can enjoy a formal dining experience. For those who prefer a more casual setting to dine in, they can stop by the Pure Punjabi Restaurant. This restaurant also has vegetarian options making it a great place for those who prefer a vegetarian diet. In the nearby community of Dubai Silicon Oasis, residents will find more varieties with restaurants. For example, there’s the Oregano Restaurant in the vicinity of Dubai Silicon Oasis which has a rustic ambience. The overall environment is casual and a great place for couples with children. Accordingly, with so many things to do and see nearby, Grand Lagoon apartments for sale should be at the top of the list for most residents and investors.