DAMAC Lagoon Views Dubai By DAMAC Properties developed by DAMAC Properties, is part of the larger Damac Lagoons community in Dubai. This development promises a luxurious waterfront lifestyle with a Mediterranean theme, offering a blend of modern living and natural beauty. Here, we delve into the key aspects of DAMAC Lagoon Views, highlighting its features, amenities, location, and investment potential.
Project Overview
Property Types
DAMAC Lagoon Views offers a range of apartments designed with contemporary aesthetics and high-quality finishes. The available units include:
1 bedroom apartments: Ranging from 616 sq. ft. to 809 sq. ft., with prices starting at AED 947,000.
2 bedroom apartments: Ranging from 1,019 sq. ft. to 1,797 sq. ft., with prices starting at AED 1,790,000.
Key Features
Modern Design: Each apartment is designed to maximize space and natural light, with large windows offering stunning Damac Lagoon Views
Luxury Finishes: High quality materials and finishes ensure a sophisticated living experience.
Spacious Layouts: Thoughtfully designed layouts cater to various lifestyle needs, providing ample space for comfort and functionality.
Amenities
DAMAC Lagoon Views is equipped with a host of amenities aimed at promoting leisure, wellness, and recreation. Residents can enjoy:
- 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
Additional amenities include luxury pool floats, a board game and casino pavilion, a tapas lounge, a pool bar, floating pods, and a sunset beach bar
Location
Strategic Connectivity
Damac Lagoon Views enjoys a strategic location near major roads such as Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, facilitating seamless connectivity to other parts of Dubai. Key destinations within a 35-minute drive include:
Dubai International Financial Centre (DIFC)
Dubai Marina
Dubai International Airport (DXB)
Nearby Amenities
The development is also close to essential facilities, including:
Schools: Akoya Nursery, Fairgreen International School
Healthcare: Mediclinic Parkview Hospital
Retail: Carrefour
Leisure: Trump International Golf Club, Dubai Polo & Equestrian Club
Payment Plans
DAMAC Lagoon Views offers flexible payment plans to make property ownership accessible:
Standard Plan: 20% deposit, 60% during construction, and 20% on handover.
Completion Timeline: Expected in Q1 2027
For those looking to invest in full floors, a 2% discount is available. Additionally, purchasers may become eligible for residency visas depending on the value of their investment.
Investment Potential
Capital Growth
According to DAMAC Properties, the capital growth of real estate in DAMAC Lagoons has increased by nearly 50% since Q4 2021. This indicates a strong investment potential with high resale profit
Residency Benefits
Investors can benefit from residency visas:
2-year visa: For property purchases below AED 2M.
10-year Golden Residency: For property purchases valued at AED 2M (USD 545K) or more, covering the investor’s spouse, children, and domestic staff.
FAQs
What types of apartments are available in DAMAC Lagoon Views?
Damac Lagoon Views offers 1 and 2-bedroom apartments ranging from 616 sq. ft. to 1,797 sq. ft., with prices starting at AED 947,000.
What amenities can residents enjoy?
Residents have access to numerous amenities including olive tree gardens, a honey bar, Flamenco gardens, Aqua Opera School, volcanic stone park, windmill park, foam parties, music festivals, glow lounge, beach club, boho lounge, and paradise beach.
What are the payment plans for purchasing an apartment?
A typical payment plan includes a 20% deposit, 60% during construction, and 20% on handover, with completion expected in Q1 2027.
What is the location advantage of DAMAC Lagoon Views?
DAMAC Lagoon Views is strategically located near major roads, providing easy access to key destinations in Dubai. It is also close to essential amenities like schools, hospitals, supermarkets, and leisure venues.
Can I get a visa if I purchase a property in DAMAC Lagoon Views?
Yes, purchasing a property can make you eligible for a 2-year visa. For properties valued at AED 2M or more, you can obtain a 10-year Golden Residency, which also covers your spouse, children, and domestic staff.
Damac Lagoon Views presents a unique opportunity for those seeking a luxurious and serene living environment in Dubai, combined with significant investment potential.
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