DAMAC Lagoon Views
About DAMAC Lagoon Views
(sq. ft.)
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Lagoon Views is a premium residential project by DAMAC Properties in the ever popular DAMAC Lagoons. It features apartment buildings with 8 storeys, comprising a collection of 1-2 bedroom Mediterranean-inspired residences. There are just 9 units per floor. Interested investors can also buy a full floor in Lagoon Views.
The total area of the apartments ranges from 674 sq. ft to 1,145 sq. ft. Each property comes with its own balcony where you can enjoy the stunning lagoon views.
In Q2 2024, the developer released the second phase of Lagoon Views. For more information, please contact our agents.
When residing in Lagoon Views, you will enjoy unrestricted access to a plethora of world-class amenities for leisure, wellness and recreation. Some of these are as follows:
- Olive tree garden
- Honey bar
- Flamenco gardens
- Aqua Opera School
- Volcanic stone park
- Windmill park
- Foam parties
- Music festival
- Glow lounge
- Beach club
- Boho lounge
- Paradise beach
Not to mention the luxury pool floats, board game and casino pavilion, tapas lounge, pool bar, floating pods, and the sunset beach bar.
Property Information
- Location DAMAC Lagoons, Dubai, UAE
- Developer DAMAC
- Status of Project In process
- Type of Project Residential Building
- Units 1-2BR
- Area from 616 sq. ft.
- Total Amount of Units 644
- Payment Plan 80/20
Floor Plans of DAMAC Lagoon Views
Apartment
Type:
1 Bedroom
Total Area:
672 sq. ft.
Starting Price:
1,100,000 AED
Apartment
Type:
2 Bedrooms
Total Area:
1,019 sq. ft.
Starting Price:
1,790,000 AED
Reflection Floor Plans
| Floor Plan | Type | Unit Type | Category | Total Area | Starting prices |
|
|
1 Bedroom | Apartment | 672 sq. ft. | 1,100,000 AED | |
|
1 Bedroom | Apartment | 809 sq. ft. | 1,570,000 AED | |
|
|
2 Bedrooms | Apartment | 1,019 sq. ft. | 1,790,000 AED | |
|
2 Bedrooms | Apartment | 1,797 sq. ft. | 2,630,000 AED |
Property Prices of Lagoon Views
As of May 2024, prices for apartments start from AED 947K (USD 258K).
*The price is valid for 2024
Payment Plan
Location of Lagoon Views
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
Economic Appeal of Lagoon Views
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.
*The price is valid for 2024
FAQ
DAMAC Properties is the developer of Lagoon Views.
It is located in DAMAC Lagoons.
You can buy 1-2 bedroom apartments and full floors.
It is scheduled for completion in 2027.
There is a 80/20 payment plan available.
As of May 2024, prices for apartments start from AED 947K (USD 258K).
Yes, you can become a long-term resident if you buy property in Lagoon Views.
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.
Yes, citizens of any country can become full property owners in Lagoon Views, as it is a freehold project.
Yes, since, 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.
Lagoon Views is a great option for single individuals and young couples who want to enjoy a waterfront lifestyle in one of the most popular communities in Dubai. When living here, you will be granted unrestricted access to multiple leisure options, from a honey bar and flamenco gardens to an Aqua Opera School and beauty hills.
DAMAC Lagoons is situated just a 15-minute drive away from many essential facilities and attractions. These include Akoya Nursery, Fairgreen International School, Mediclinic Parkview Hospital, Carrefour, Trump International Golf Club, and Dubai Polo & Equestrian Club.
Similar Projects
Metropolitan Premium Properties
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[email protected]
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+971 54 321 9259
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Office 1913, Al Manara Tower,
Business Bay, Dubai, UAE
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