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Morocco at Damac Lagoons

About Morocco at Damac Lagoons

2,990,000 AED Starting Price from
4-7BR Available Units
471 Total Amount of Units
2026 Q4 Handover

Buy Similar Property in DAMAC Lagoons

Presented in Q2 2023, Morocco is the final cluster in DAMAC Lagoons by DAMAC Properties. It features 471 residential units, namely 428 townhouses in 4-5 bedroom configurations and just 43 exclusive 6-7 bedroom villas. The interiors will boast Zellij mosaic tilework, vivid colors, and ornate carved wood, embodying the rich Moroccan heritage.

The properties will have from 2 to 4 floors, depending on the type. Among the key features of the layouts are a covered carport, a terrace, a patio, a laundry/storage room and balcony. Every villa will include a swimming pool and an elevator. There may also be sauna and steam rooms, a home gym, a cigar lounge and a cellar, a sports lounge, a BBQ area, a majlis formal dining room, an office/bedroom, jacuzzi and a games room.

Occupants of Morocco will be able to enjoy a myriad of world-class amenities at their doorstep, which are as follows:

  • Outdoor yoga
  • Floating platforms
  • Private tents
  • Moroccan pouffes
  • Serenity garden
  • Play area
  • Cactus garden
  • Light maze
  • Dedicated concert stage
  • Arts & crafts studio
  • Outdoor library
  • Glow in the dark golf
  • Observation deck
Morocco at Damac Lagoons
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Property Information

  • Location DAMAC Lagoons, Dubai, UAE
  • Developer DAMAC
  • Status of Project In progress
  • Type of Project Townhouses, Villas
  • Available Units 4-5BR Townhouses, 6-7BR Villas
  • Total Amount of Units 471
  • Payment Plan 80/20

Floor Plans of Morocco at Damac Lagoons

Reflection Floor Plans

Floor Plan Type Unit Type Category Total Area Starting prices
4 Bedrooms Townhouse 2,850,000 AED
5 Bedrooms Townhouse 3,150,000 AED
6 Bedrooms Villa 14,500,000 AED
7 Bedrooms Villa 19,000,000 AED

Property Prices

As of August 2023, the initial price for a townhouse is AED 2.99M (USD 814K). A palatial villa can be acquired for a minimum of AED 16.2M (USD 4.4M).

*The price is valid for 2023

Payment Plan

20% Down Payment
5% Within 3 Months
5% Within 6 Months
5% Within 9 Months
5% Within 12 Months
10% 40% Completion
10% 50% Completion
10% 60% Completion
10% 70% Completion
20% On Completion

Location

Thanks to its convenient location within the vicinity of Al Khail Road, Emirates Road and Mohammed Bin Zayed Road, Morocco will provide hassle-free commutes around the emirate. Within a radius of a 35-minute drive, one can reach a few of the emirate’s most sought-after destinations, such as DIFC, Dubai Marina and both of the airports (DXB and DWC). Since public transport infrastructure in the surrounding area of Morocco has not been developed yet, private vehicles and taxis are the best way to get around.

There is a wide range of facilities located a 15-minute drive away, including hospitals, schools, supermarkets and more. These can be found in the list below:

  • Akoya Nursery
  • Fairgreen International School
  • Mediclinic Parkview Hospital
  • Carrefour
  • Trump International Golf Club
  • Dubai Polo & Equestrian Club
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Economic Appeal

When residing in Morocco, you will be treated to an array of exciting offerings within DAMAC Lagoons, in addition to the amenities mentioned above. These include family cabanas, infinity pools, a floating amphitheatre, a floating cinema, cafes and restaurants, a regional mall, sports facilities, spas and much more.

Since the property value in Morocco exceeds AED 2M (USD 545K), you will meet the requirements needed to get a Golden Visa. It is valid for 10 years and applies to your family and domestic staff as well. All Golden Visa holders are provided with an Esaad card, which grants discounts on 7,200+ brands in the UAE and abroad.

In case you wish to rent your property out in Morocco, you can calculate the profitability of your investment based on the performance of the adjacent DAMAC Hills neighbourhood. As seen on Property Finder, the average gross yield of 4-bedroom townhouses has reached 8.1%, with the starting annual rental cost of AED 170K (USD 46K), as of May 2023. Such high indicators clearly demonstrate the strong investment potential of Morocco real estate in DAMAC Lagoons.

*The price is valid for 2023

FAQ

Who is the developer of Morocco?

The master developer of Morocco is DAMAC Lagoons.

What is the address of Morocco?

Morocco is situated in DAMAC Lagoons, Dubai.

What are the offered unit types?

There are exclusive 6-7 bedroom villas and 4-5 bedroom townhouses available.

What is the completion date of Morocco?

For detailed information on the completion date of Morocco, please write to us on our website.

What are the Payment Plans for Morocco?

DAMAC Properties offers an 80/20 payment plan, with a 20% booking fee.

How much does a villa and a townhouse cost in Morocco?

As of August 2023, the initial price for a townhouse or a villa is AED 2.99M (USD 814K) and AED 16.2M (USD 4.4M), respectively.

Can I get residency if I buy property in Morocco?

Yes, you can obtain residency as a real estate investor in Morocco. The validity of the visa depends on the acquisition sum.

What type of visa can I get when I buy a property?

By investing in Morocco, you will be able to obtain a 10-year Golden Visa, which applies not only to your spouse and children, but also to your domestic staff.

Can a foreigner buy property in Morocco?

Morocco is a freehold development, allowing all nationalities to purchase property here.

Is a townhouse in Morocco a good investment?

Yes, Morocco has lucrative investment potential, which we can see by the example of the neighbouring DAMAC Hills. The average gross ROI there in 4-bedroom townhouses is 8.1%, which is one of the highest in Dubai for this property segment.

Is Morocco a good place for living in Dubai?

It is a fantastic family-friendly cluster, where you can be away from the hustle and bustle of the city centre. At the same time, Morocco boasts excellent connectivity to key locations across the emirate, including the international airports.

What are the pros and cons of living in DAMAC Lagoons?

DAMAC Lagoons is situated just a 15-minute drive away from essential social facilities, such as Akoya Nursery, Fairgreen International School, Mediclinic Parkview Hospital and Carrefour.

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Metropolitan Premium Properties

  • [email protected]
  • +971 4 428 6151
  • 36th-38th Floor, Al Salam Tecom Tower,
    Internet City, Dubai, UAE

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