Portofino at DAMAC Lagoons promises the perfect balance of living, working and playing by the water. This vibrant collection of Italian-inspired townhouses and villas at DAMAC Lagoons offers an ideal blend of functionality and leisure. Portofino boasts a spectacular collection of 3 to 5-bedroom townhouses and 7-bedroom villas. The Work and Play Hub integrates business and pleasure, providing a picturesque office address amidst nature. Start your day with a fitness session at the Aqua Gym, followed by serene moments at the outdoor spa. Enjoy musical vibes at the open-air music pavilion. Discover a fulfilling living experience at Portofino.
Portofino at DAMAC Lagoons promises the perfect balance of living, working and playing by the water. This vibrant collection of Italian-inspired townhouses and villas at DAMAC Lagoons offers an ideal blend of functionality and leisure. Portofino boasts a spectacular collection of 3 to 5-bedroom townhouses and 7-bedroom villas. The Work and Play Hub integrates business and pleasure, providing a picturesque office address amidst nature. Start your day with a fitness session at the Aqua Gym, followed by serene moments at the outdoor spa. Enjoy musical vibes at the open-air music pavilion. Discover a fulfilling living experience at Portofino.
| Milestone | % of Property Value to be Paid | |
|---|---|---|
Down Payment | 20% | |
Pre Handover • Payment Schedule | 40% | |
On Handover | 40% |
| Type | Area (sqft) | Price (AED) | Floor Plan |
|---|---|---|---|
| Type BL-3-M | 2,073 | 1.57M |
| Type BL-4-M | 2,276 | 1.75M |
| Type BL-5-E | 3,256 | 2.58M |
| Type BL-VD1 | 7,303 | 7.3M | |
| Type BL-V75 | 12,260 | 11.8M |
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The listed price of a villa for sale in Portofino varies from AED 2,290,000 to AED 24,000,000.
Bayut has 40 villas available for sale in Portofino.
The average price of villas listed for sale in Portofino is AED 7,061,360. These asking prices may vary depending on the property’s size, type, condition and location.
According to Bayut's listings from the past 6 months, the average asking prices for houses in Portofino, segmented by size, are outlined below:
The asking price for villas in Portofino has witnessed a change of -4%. This change in price over the past 6 months can be due to changes in market dynamics and new developments.
Worth-considering schooling options near Portofino include the following:
The following can be your top choices when looking for nurseries:
Villas in Portofino can yield an ROI of 5.92%. Potential ROI can be influenced by factors such as property's type, location, amenities and changing market dynamics.
While Portofino can be considered when looking to purchase a villa, the following neighborhoods are worth-considering as well:
The average asking prices of villas listed in nearby areas are highlighted below:
In the past 12 months, a total of 24 villas were bought in Portofino.
The average sale price for houses stands at AED 5,311,877. The prices of some villas can go lower or higher than average based on the size, conditions, location, etc.
Here’s how average prices for houses sold in Portofino compare across various bedroom categories, based on DLD's data:
Sales transaction trends indicate a change of -10% according to DLD. Change can be due to various factors such as prevailing market conditions and nearby developments.
Below are average transaction prices of houses sold in areas close Portofino as per DLD's records:
