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LAGOON VIEWS | 1 BR

AED 979,000
Book Now
BUA674 ft2
Price per ft21,452 AED
Property typeApartment
AreaMohammed Bin Rashid City
DevelopmentLAGOON VIEWS
ID (Ref.No)imex-4434745
Bathrooms1
Operated by HotelNO
DeveloperDAMAC
Secondary viewLagoon
HIgh-end off-plan apartment near lagoon!
IMEX Real Estate is happy to present you this HOT brand new launch of apartment near Lagoon! 

Thanks to its highly advantageous and strategic location within the vicinity of Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, Lagoon Views offers residents seamless and convenient commutes throughout the emirate. Within a 35-minute drive, you can effortlessly reach a multitude of the emirate’s most sought-after and desirable destinations, including the prestigious DIFC, the vibrant Dubai Marina, and both of the airports (DXB and DWC).

It is worth noting that due to the temporary absence of a well-established public transport infrastructure in the surrounding area of Lagoon Views, private vehicles and taxis serve as the optimal and most reliable means of transportation for exploring and navigating the vicinity.

A 15-minute drive away, there are multiple facilities that are easily accessible, such as hospitals, schools, supermarkets and leisure venues. A few of these include:

- Akoya Nursery

- Fairgreen International School

- Mediclinic Parkview Hospital

- Carrefour

- Trump International Golf Club

- Dubai Polo & Equestrian Club

CAPITAL APPRECIATION

The average capital values in DAMAC Lagoons registered 50% capital appreciation in last two years.

Nine out of 11 clusters have recorded double digit growth in capital values in secondary market indicating robust investor confidence in DAMAC Lagoons.

INVESTMENT OPPORTUNITIES:

The completion of Lagoon Views is scheduled for Q1 2027. Whilst the development is off-plan, you are provided with a couple attractive payment plans. At the time the project was launched,a 70/30 was offered, while the standard plan is 80/20. In both cases, the booking fee amounts to 20%.

Those who purchase a full floor in this complex can take advantage of a 2% discount.

By investing in Lagoon Views, you will become eligible for a 2-year visa. If the property value reaches AED 2M (USD 545K) or more, a 10-year Golden residency is granted. Both of these visas apply to your spouse and children, whilst the Golden visa additionally covers domestic staff.

According to the developer’s data from Q4 2023, the capital growth of real estate in DAMAC Lagoons has risen almost 50% since Q4 2021. This demonstrates the lucrative investment potential of Lagoon Views, with high profit upon resale.

If you would like to calculate the estimated income from renting out Lagoon Views apartments, you can take a look at the current indicators of the neighbouring DAMAC Hills. As of Q1 2024, the average gross ROI in 1-bedroom apartments in this area stands at a whopping 7.9%. The starting rental cost is AED 46K (USD 12K) per annum. As you can see, it is a highly advantageous option to rent out your property in Lagoon Views, allowing you to enjoy steady long-term income.

COMPETITIVE ADVANTAGES

- Lower service charge.

- Feels closer to amenities – Higher end user demand.

- Higher undivided share of land – Higher opportunities for capital gains.

- Enjoys quick ease in access, saving time

- Close to 1,000 units sold in last 24 months.

- Sales off take rate of 35 to 40 units a month.

- Competitive Price

- DAMAC Lagoon Views is the most competitively priced lagoon themed apartments in Dubai

- Close to 1,000 units sold in last 24 months.

- Sales off take rate of 35 to 40 units a month.

- DAMAC Lagoons recorded robust capital appreciation of 50% in 24 months

- Nine out of 11 clusters recorded double digit growth in last two years.

SUMMARY

• Rare and unique project in Dubailand as low-rise lagoon facing apartments.

• As such, these are highly sought after and fast moving units.

• Part of a community that has commanded over 49% appreciation in the last 2 years.

• Competitive price point – lowest PSF compared to competition.

• Major benefits of a low rise apartment – closer to the community, lower service charges, lower maintenance costs, higher structural lifespan, higher undivided share of land.

• Access – lower waiting time for elevators & faster access to parking and community exit points during peak hour commute and also, ease of access to exit points during an emergency

• Low rise apartments generally command a higher capital appreciation in comparison to high rise projects.

• These apartments will be part of a ready community by handover.



Facilities
  • 24 hour maintenance
  • 24 hour security
  • Balcony
  • Coffee Shop
  • Concierge facility
  • Convenience store
  • Eco friendly
  • Licensed Restaurant
  • Property Management
  • Retail Services
  • Satellite connection
Location
Floor Plans
Related offers
NEW BUILDING
1,135,000
SALE
2,490,000
Ref.No: imex-4482877
Townhouse
2,167 ft2
1,149 AED/ft2
Floor: 2
AED 979,000
Book Now
BUA674 ft2
Price per ft21,452 AED
Property typeApartment
AreaMohammed Bin Rashid City
DevelopmentLAGOON VIEWS
ID (Ref.No)imex-4434745
Bathrooms1
Operated by HotelNO
DeveloperDAMAC
Secondary viewLagoon
Miguel Stevsky
Agent | BRN:
Language: Russian
Office Tel: +971 4 3951911
Tel: +971508234365
Tel: +971508234365  
E-mail: i971508234365@gmail.com

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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