DAMAC Lagoons is an off-plan residential project developed by DAMAC Properties, scheduled for completion in Q4 2024. Positioned opposite DAMAC Hills, this waterfront community is designed to offer residents a luxurious, Mediterranean-inspired lifestyle. With a wide variety of villas, townhouses, and apartments, the project caters to families, investors, and those seeking a serene environment with world-class amenities.
Location and Accessibility
DAMAC Lagoons enjoys a prime location in Dubai, strategically situated near major road networks like Hessa Street and Sheikh Zayed Bin Hamdan Al Nahyan Street. Its proximity to key landmarks and destinations makes it both peaceful and connected:
- The Els Club, Dubai Sports City: 11 minutes away.
- Dubai Autodrome: 12 minutes away.
- Dubai Polo and Equestrian Club: 12 minutes away.
- Dubailand Communities: Located nearby, offering additional recreational activities.
The project’s location ensures residents are well-connected to Dubai’s vibrant urban lifestyle while benefiting from the tranquility of waterfront living. With easy access to major highways, DAMAC Lagoons offers seamless connectivity for residents working in or commuting to central Dubai.
Masterplan and Design Concept
The sprawling 45-million-square-foot development is divided into eight distinct clusters, each drawing inspiration from a different Mediterranean region. These clusters feature a mix of villas and townhouses, each with unique designs and facilities that reflect the charm and elegance of regions like Venice, Morocco, Santorini, Costa Brava, Andalusia, Portofino, Malta, and Nice.
- Venice: A luxurious waterfront cluster with Italian-inspired homes, gondola rides, and waterside cafes.
- Morocco: Known for standalone villas and townhouses, with architectural elements reflecting Moroccan traditions.
- Santorini & Costa Brava: These lively communities offer adventure-filled activities like kayaking, lagoon ziplining, and wave riding.
- Andalusia: A serene cluster designed as a ladies’ hub, featuring spas, salons, meditation lounges, and gyms.
- Malta & Nice: These areas cater to families and youngsters, with child-friendly activities and educational spaces.
Each of the eight clusters is centered around a unique lifestyle theme, ensuring that residents have a variety of experiences and recreational opportunities. Whether enjoying the peaceful ambiance of Morocco or the energetic vibe of Costa Brava, residents will find a perfect blend of relaxation and entertainment.
Community Features and Amenities
DAMAC Lagoons is more than just a residential community; it offers a lifestyle built around leisure, recreation, and luxury. A host of unique amenities set it apart from other developments in Dubai:
- Water Cinema: An open-air cinema experience on the water.
- Floating Amphitheater: A one-of-a-kind venue for live performances.
- Lagoon Zipline: Offering a thrilling way to explore the community.
- Gondola Rides: Bringing a taste of Venice to Dubai.
- Wave Pool & Snorkeling: Providing water-based adventures for residents.
The community also features beach access, private gardens, parks, and jogging trails. Families can enjoy the open spaces, while adrenaline junkies can explore the many water sports available.
DAMAC Lagoons fosters a close-knit community vibe by offering numerous social and recreational spaces. Whether at the floating amphitheater or a cozy waterside café, residents can come together to create meaningful connections.
Properties in DAMAC Lagoons
DAMAC Lagoons offers a wide range of residential options, including 3 to 6-bedroom villas and townhouses. Each home is meticulously designed to blend modern living with Mediterranean aesthetics. Residents can choose between two-story and three-story homes with the following features:
- Spacious Living Areas: Open-plan layouts with natural lighting.
- Maid’s Room: Available in most units for additional support.
- Private Gardens: Perfect for outdoor relaxation and family gatherings.
- Terraces and Rooftops: Providing scenic views of the surrounding lagoons.
- Covered Parking: Ensuring convenience and security for residents.
Apartments are also available in DAMAC Lagoon Views, a sub-community offering 1 and 2-bedroom units. This section is designed for individuals and small families who want to experience the luxury of DAMAC Lagoons on a smaller scale.
The villas and townhouses in DAMAC Lagoons come fully furnished with high-quality fittings. Their Mediterranean-style architecture, combined with lush surroundings, offers residents an upscale lifestyle experience.
Investment Opportunities and Sales Trends
DAMAC Lagoons is a promising investment opportunity due to its attractive property prices and unique lifestyle offerings. Below are some insights into sales trends within the community:
- 4-Bedroom Townhouses: Priced between AED 2.1M and AED 3.5M.
- 5-Bedroom Villas: Prices range from AED 3.1M to AED 3.5M.
- 6-Bedroom Villas: Premium units are available, with prices reaching up to AED 16M for luxury residences.
Portofino and Morocco clusters are particularly popular among investors, thanks to their prime locations and luxurious finishes. Villas with beach access or waterfront views tend to have higher resale value.
The average price for a 5-bedroom townhouse is AED 3.14M, according to recent listings. These homes offer high ROI potential, making DAMAC Lagoons an attractive option for property investors.
Payment Plans and Financing Options
While the official payment plan from DAMAC Properties is yet to be announced, many third-party sellers and brokers are offering flexible payment plans. A common structure includes:
- 1% Monthly Payments: Spreading out costs for easier affordability.
- 4% DLD Waiver: Reducing the upfront cost of property registration.
These financing options make DAMAC Lagoons accessible to a wide range of buyers, including both end-users and investors.
Lifestyle and Family Living in DAMAC Lagoons
The community’s family-friendly design is evident in the abundance of recreational and educational facilities for children. DAMAC Lagoons prioritizes outdoor living, with parks, play areas, water features, and activity zones throughout the development. The clusters of Malta and Nice focus specifically on children’s needs, offering educational spaces, playgrounds, and adventure activities.
Families can enjoy picnics by the lagoons, while fitness enthusiasts have access to gyms, jogging tracks, and yoga spaces. The serene environment and resort-style amenities create an ideal setting for those seeking a peaceful lifestyle within a vibrant city like Dubai.
Handover and Completion Timeline
DAMAC Lagoons is currently under construction, with the expected handover scheduled for Q4 2024. As the development progresses, early investors will benefit from competitive pricing and the opportunity to customize their homes.
With a clear construction timeline and phased delivery, DAMAC Properties ensures that residents will move into a fully functional and aesthetically pleasing community by the completion date.
Conclusion: A Unique Mediterranean Living Experience
DAMAC Lagoons stands out as one of Dubai's most exciting residential projects. Its unique Mediterranean-inspired design, waterfront living, and world-class amenities offer a lifestyle that blends luxury, leisure, and tranquility.
This off-plan development promises high returns for investors and an exceptional living experience for families. Its strategic location and recreational facilities like gondola rides, wave pools, and a floating amphitheater make it a highly desirable community.
As the project nears completion in Q4 2024, DAMAC Lagoons is set to become a landmark destination for those seeking a peaceful yet connected lifestyle in Dubai.