Everything You Need to Know About Off-Plan Property in DAMAC Lagoons
DAMAC Lagoons has emerged as one of Dubai’s most sought-after locations for buying off-plan properties, drawing significant attention from investors and homeowners alike. Known for its unique Mediterranean-inspired communities, DAMAC Lagoons offers luxurious villas and townhouses that promise substantial returns and a premium lifestyle. Investing in these off-plan projects enables buyers to secure properties at competitive prices with flexible payment plans, often resulting in high capital appreciation upon completion.
Top Projects for Buying Off-Plan Property in DAMAC Lagoons
DAMAC Lagoons stands out as an exceptional investment hotspot, offering an array of luxury off-plan properties. Here are top recommended projects for discerning investors:
Top Luxury Off-Plan Projects in DAMAC Lagoons
- Venice: Starting from AED 4.99M, Venice by DAMAC Properties showcases ultra-luxurious villas inspired by classic Italian architecture. The project features a flexible 80/20 payment plan and is set for completion by Q3 2025.
- Mykonos: Offering Greek-themed townhouses, Mykonos homes begin at AED 2.47M, with a 60/40 payment plan and completion scheduled for Q4 2025.
- Marbella: Delivering sophisticated Spanish-style townhouses, Marbella starts from AED 2.95M and is available with a 70/30 payment plan. Handover is set for Q4 2025.
- Morocco: Combining authentic Moroccan designs with tranquil lagoon landscapes, Morocco by DAMAC offers villas and townhouses starting from AED 2.85M. The project includes a 60/40 payment plan and is expected to be completed by Q4 2026.
- Ibiza: Inspired by Mediterranean charm, Ibiza features lively homes surrounded by serene lagoon views. Prices start from AED 2.1M, with a 60/40 payment plan and handover scheduled for Q4 2025.
Top Off-Plan Projects Waterfront Views in DAMAC Lagoons
- Lagoon Views: Showcasing contemporary design and uninterrupted lagoon vistas, Lagoon Views offers stylish apartments starting from AED 1.3M. The project includes a convenient 60/40 payment plan and is on track for handover in Q1 2027.
- Monte Carlo: Combining elegance with a relaxed coastal lifestyle, Monte Carlo features refined homes starting at AED 1.9M. Buyers can benefit from a flexible 60/40 payment plan, with handover scheduled for Q4 2025.
- Santorini: Bringing the charm of the Greek islands to Dubai, Santorini features vibrant townhouses and villas starting at AED 1.49M. The project offers a 66/34 payment plan, with completion expected in Q3 2025.
- Venice: Designed for those seeking sophistication, Venice presents Italian-inspired villas starting from AED 4.99M. A tailored 80/20 payment plan is available, with handover planned for Q3 2025.
- Malta: Influenced by the Mediterranean coast, Malta offers serene townhouses and villas starting at AED 1.75M. Buyers can take advantage of an 80/20 payment plan, with delivery expected in Q3 2025.
Top Off-Plan Properties with Near Handover in DAMAC Lagoons
- Portofino: Blending Italian sophistication with waterfront living, this charming villa community starts from AED 1.57M. Designed to reflect Portofino’s timeless appeal, it comes with a convenient 60/40 payment plan and is set for handover in Q2 2025.
- Santorini: Channeling the beauty of the Greek islands, this serene neighbourhood features townhouses and villas from AED 1.49M. With a 66/34 payment plan, the project is scheduled for completion in Q3 2025.
- Costa Brava: Bright and energetic, this Spanish-inspired enclave offers townhouses and villas priced from AED 1.6M. A flexible 80/20 payment plan is available, with handover expected in Q3 2025.
- Nice: Reflecting the elegance of the French Riviera, this collection of townhouses and villas starts at AED 1.71M. Buyers can enjoy a well-structured 80/20 payment plan, and project delivery is anticipated in Q3 2025.
- Malta: Infused with Mediterranean charm, this tranquil development presents homes starting from AED 1.75M. Offered with a 80/20 payment plan, it is on track for handover in Q3 2025.
Newly Launched Off-plan Projects in DAMAC Lagoons
- Lagoon Views 14: Developed by DAMAC Properties, this waterfront community begins construction in Q4 2024, with completion expected by Q1 2028.
- Lagoon Views 10: Slated to start in Q3 2024 and complete by Q1 2027, this elegant addition to the masterplan features modern design and serene lagoon views.
- Lagoon Views 11: Starting from AED 1.1M with an 80/20 payment plan, this project is set to launch in Q4 2024 and is expected to complete by Q2 2027.
- Lagoon Views 12: Priced from AED 1.1M and offering the same 80/20 payment structure, this development begins in Q4 2024 with handover expected by Q2 2027.
- Lagoon Views 13: Featuring a 70/30 payment plan, this phase begins in Q4 2024 with completion scheduled for Q4 2027.
Top Off-plan Projects in DAMAC Lagoons by Property Type
- Apartments: DAMAC Lagoons offers a diverse selection of apartment developments, including Lagoon Views 14, Lagoon Views 11, and Lagoon Views 8.
- Townhouses: Premium townhouses are available in projects such as Santorini, Costa Brava, and Nice.
- Villas: High-end villas can be found in luxury developments like Portofino, Malta, and Venice.
Leading Developer Behind the Newest Projects
DAMAC Properties is the visionary developer behind DAMAC Lagoons' newest projects, renowned for creating iconic and luxurious residential communities across Dubai. Prominent off-plan projects in DAMAC Lagoons, including Venice, Mykonos, Morocco, and Marbella, showcase DAMAC’s expertise in blending distinctive architectural themes with premium amenities.
Can Expats Purchase Off-Plan Properties in DAMAC Lagoons
Expats can freely purchase off-plan properties in DAMAC Lagoons, benefiting from Dubai’s transparent property laws that allow foreign ownership in designated freehold zones. Advantages include long-term residence visas, tax-free returns, and substantial capital appreciation.