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Damc Lagoons

DAMAC Lagoons is a residential development by DAMAC Properties surrounded by man-made beaches. It is nestled opposite another sought-after community by the developer, DAMAC Hills. Featuring eight sub-districts inspired by the world’s most beautiful waterfront cities such as Venice, Santorini and Costa Brava, DAMAC Lagoons is expected to be completed by the last quarter of 2024.

The project includes the construction of 3 to 6-bedroom residences along with a community mall, healthcare facilities and restaurants. Moreover, the development will feature a range of recreational facilities, including kayaking, lagoon zipline and wave riding. The strategic position of the neighbourhood makes it an ideal choice for buyers and end-users.

Buyers can shell out AED 1.3M to AED 2.7M for the smallest 3-bedroom villa for sale in DAMAC Lagoons. Whereas the demand for buying 4-bedroom villas in DAMAC Lagoons can go up to AED 16.9M, those properties come with a garden, terrace and private parking area.

Those interested in expansive 5-bedroom villas for sale in DAMAC Lagoons are expected to spend AED 1.7M to AED 6.6M, while the starting price of 6-bedroom villas for sale in DAMAC Lagoons is AED 2.2M. The large units like 7-bedroom villas and 8+-bedroom villas for sale in DAMAC Lagoons can be purchased for starting prices of AED 4.9M and AED 12M, respectively.

IN A NUTSHELL:

  • An off-plan project by DAMAC Properties

  • Offers 3 to 6-bedroom residences

  • Features 8 Mediterranean-inspired clusters

  • Amenities include gondola rides, water cinema and snorkelling

COMMUNITY OVERVIEW:

DAMAC Lagoons is a waterfront off-plan community 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.

The project by DAMAC Properties spread over an area of 45 million sq. ft., featuring a cluster of eight sub-communities. These Mediterranean-inspired villa communities feature unique designs and facilities.

Inspired by the romantic city, the Venice district in DAMAC Lagoons has a range of amenities such as waterside cafes and gondola rides. The tranquillity hub – Morocco cluster features parks for meditation and family cabanas, while Portofino is the perfect hub for play and work.

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 DAMAC Lagoons.

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.

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Lease process (Rent out)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.
Real estate search.

Up to 5 days

Real estate search.

Selection of optimal options.

Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Property Selection

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Customer charges:
  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration
Additional services:

Property management

Sales Process
Contract of the lessee and agency.

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership
Ad placement

1 day

Ad placement:
  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.
Signing of the lease agreement

Up to 2 days

Signing of the lease agreement
Expenses of the seller:

None

Additional services:

None

the management process
Contract of the owner and agency

1 hour

Contract of the owner and agency
Rendering of management services

1 year

Rendering of management services
Reporting

1 day

Reporting
Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process
Contract of the tenant and agency.

1 hour

Contract of the tenant and agency.
Selection of optimal investment options

From 3 days

Selection of optimal investment options
Registration of the contract of purchase / sale

1 Week

Registration of the contract of purchase / sale
Expenses of the investor:
  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration
Additional services:

Property management