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Are you looking to invest in luxury real estate in Dubai? Damac Lagoons should be at the top of your list!
Damac Lagoons is a master-planned community by leading developer Damac Properties. It is located in Dubailand, close to famous attractions like Global Village and Dubai Autodrome. The Mediterranean lifestyle inspires the project and offers villas and townhouses surrounded by crystalline lagoons and lush green landscapes.
Here are the key reasons why Damac Lagoons is one of the best investment opportunities in Dubai right now:
1. Developed by Reputed Developer
Damac Properties is one of Dubai’s most reputed and trusted developers. They have delivered many successful projects over the years. Investing in a Damac community assures you of quality construction and timely completion.
Damac has a proven track record of developing premium communities like Damac Hills, Akoya Oxygen, Just Cavalli Villas etc. So you can expect the same exceptional standards at Damac Lagoons as well.
2. Strategic Location
Location is one of the most important factors when buying property in Dubai. And Damac Lagoons scores full marks in this aspect.
It is situated at the junction of Hessa Street and Sheikh Zayed Bin Hamdan Al Nahyan Street. The community provides easy access to key areas like Downtown Dubai, Dubai Marina, Palm Jumeirah etc.
Main landmarks near Damac Lagoons:
- Dubai Mall- 15 min
- Miracle Garden- 10 min
- Hessa Street Dubai- 10 min
- Dubai International Airport- 20 min
- Dubai South – 38 min
- Business Bay- 7 min
- Sheikh Zayed Road- 20 min
- Dubai Sports City- 11 min
- Burj Al Arab- 16 min The area is well-connected by public transport as well. So commuting will be convenient for residents.
3. Close to Leisure Destinations
Damac Lagoons is surrounded by many popular leisure attractions that make living here a real joy.
Some of the nearby destinations are:
- Global Village – 10 mins
- Dubai Miracle Garden – 12 mins
- Dubai Polo & Equestrian Club – 15 mins
- IMG Worlds of Adventure – 20 mins
- The Storm Coaster – 15mins
So you can easily access these entertainment venues on weekends or holidays. The proximity adds to the overall lifestyle appeal of the community.
4. Mediterranean-Inspired Living
One of the biggest USPs of Damac Lagoons is its Mediterranean-inspired architecture and lifestyle. The master community is divided into eight s designed around popular Mediterranean destinations like Santorini, Venice, Costa Brava, Andalusia, Morocco, Portofino, Nice, and Malta.
As a resident, you can experience the relaxed pace, white sandy beaches, tropical greenery, cobblestone pathways, and coastal living of the Mediterranean right at your doorstep. The resort-style community immerses you in the laidback lifestyle along the waterfront.
5. Family-Friendly Amenities
Damac Lagoons is designed as a family-centric community. It offers amenities and facilities that cater to residents of all ages.
You will find landscaped gardens, swimming pools, sports courts, kids’ play areas etc. within the community. Spacious 3, 4 and 5-bedroom townhouses are available – perfect for large families.
The developer also plans to have schools, healthcare clinics and retail stores within the community.
schools:
- Jebel Ali School
- Fairgreen Iternational School
- Global Indian International School
- Safa Community School
- Kings’ School
Hospitals:
Aster Medical Centre (9 mins)
Mediclinic Parkview Hospital (12 mins)
NMC Royal Hospital (19 mins)
Malls:
- First Avenue Mall – Motor City (11 mins)
- City Centre Me’aisem (14 mins)
- Cityland Mall – Global Village (16 mins)
- Mall of the Emirates (24 mins)
Restaurants:
- Alpha Burgers
- Hessa Street Kitchen
- Sandwich Baladi
Churches:
- St. Francis of Assisi Catholic Church
- Dubai Mar Thoma Church
Mosques:
- Sports City Mosque
- Remraam Mosque
6. Pet-Friendly Environment
Many communities in Dubai restrict residents from keeping pets. But that’s not the case with Damac Lagoons.
The project is planned to be pet-friendly. You will find designated areas for dog walking, pet grooming salons, vet clinics etc. inside the community.
For pet owners, this is a huge advantage. Your furry friends can enjoy a comfortable life along with you at Damac Lagoons.
7. Sustainable and Green Community
When it comes to integrating sustainability while providing a luxurious lifestyle, DAMAC Lagoons is second to none. DAMAC Properties is recognised globally for its environmentally-conscious community developments in Dubai.
Lush green landscapes, naturally flowing lagoons, and abundant outdoor spaces dominate the masterplan of DAMAC Lagoons. Over 45% of the expansive community is reserved for open areas, recreation and preservation of natural water bodies.
You can access a variety of eco-friendly amenities. The Zen garden is a picturesque setting to relax the mind and soul amongst foliage. Fish Lake reflects the immaculate blue skies, imbibing a sense of calm. With amenities seamlessly integrated into the surroundings, you can pursue wellness through the simple pleasures of scenic strolls.
8. Luxurious Villas & Townhouses
The properties at Damac Lagoons are designed to offer luxury and comfort. You have a choice between 3, 4 and 5 bedroom townhouses and villas.
These spacious homes come in different architectural styles based on the eight themed districts. All units have high-end finishes and fittings.
You can enjoy amenities like private pools, landscaped gardens, maid’s rooms etc., based on the unit type. The homes provide a high standard of living.
9. Resort-Style Facilities
Life at Damac Lagoons revolves around the expansive crystal lagoons at the heart of the community. You can dip in the pristine waters or relax on the beach. In line with its visionary approach of providing breathtaking beach vibes, DAMAC Lagoons features state-of-the-art infrastructure and services, including:
- Exclusive clubhouse
- Retail Shops
- Retail shops
- Waterside restaurants and cafes
- Crystal lagoons
- Inland white beach
- Wave pool
- Lagoon Zipline
- Floating amphitheater
- Water cinema
- Waterpark
- Waterfalls
- Green Meadows
- Fitness centers
There are many recreational zones like the floating amphitheater, waterpark, infinity pools, leisure island etc. You can experience the following activities within the community.
Activities:
- Wave riding
- Paddle surfing
- Skate park
- Zipline
- Snorkelling
- Venice-style gondola rides
These resort-style amenities make every day feel like a vacation in this community!
10. Tax-Free Community
One of the big advantages of investing in DAMAC Lagoons is that, as a residential community in Dubai, it is not subject to property taxes. Being a tax-free jurisdiction, Dubai does not levy any municipal fees or value-added taxes on residential units.
This allows investors to boost their returns without worrying about property taxes. As most goods in Dubai are imported, residential properties remain exempted from taxes, offering homeowners and investors significant savings over the years.
11. Potential for Capital Appreciation
Capital appreciation indicates how much your property’s value increases over time.
Dubai’s luxury real estate has seen steady price growth over the past decade. And properties in newer communities like Damac Lagoons have even higher appreciation potential. Moreover, the current ROI of Damac Lagoons is 6% which is much better than other established sites in Dubai.
As the community takes shape, prices are expected to increase – bringing good returns on investment. So buying early at the launch phase maximizes profit prospects.
12. Strong Rental Demand
There is already high interest from tenants looking to rent homes at Damac Lagoons. This indicates a strong rental demand.
Being a new high-end community by a top developer, rental yields are expected to be good. You can generate regular rental income by leasing out your investment property.
Damac Lagoons offers sound prospects for investors entering Dubai’s rental market. The project enhances your portfolio’s growth and sustainability.
13. Value for Money
Considering the location, developer pedigree, facilities and growth potential – Damac Lagoons offers excellent value for money.
Prices start from AED 1.3M for townhouses and villas. This is reasonable compared to similar communities in established areas like Dubai Marina or Downtown, where prices are much higher.
You can enjoy a luxury lifestyle at Damac Lagoons without breaking the bank. For discerning investors, it checks all the boxes for an ideal family home or profitable investment option].
14. Attractive Payment Plans
Damac Properties offers flexible payment plans to suit different investment budgets. Here are the options available:
Post-Handover Payment Plan
With this plan, you pay only 5% of the property value during booking. The remaining 95% is paid post-handover over 12 months.
This allows you to purchase without major upfront payments. Your investment outflow is staggered over a longer duration.
| Instalments | Payment (%) | Milestones |
|---|---|---|
| Down Payment | 5% | On Sale Date |
| 1st | 10% | Within 30 days from the sale date |
| 2nd to 5th | 16% | Within 12 months (4% Quarterly) |
| 6th to 12th | 35% | Within 33 months (5% Quarterly) |
| 13th | 4%% | On Completion |
| 14th to 19th | 24% | Within 18 months (4% Quarterly, Post Handover) |
| 20th to 21st | 6%% | Within 24 months (3% Quarterly, Post Handover) |
By linking payments to construction milestones, your investment is protected.
Flexi Payment Plan
This offers maximum flexibility by letting you customize the payment schedule based on your financial plan. You can decide the percentage splits as per your preferences.
The flexi plan provides ease of budgeting for your property investment at Damac Lagoons.
Top Areas and Projects at Damac Lagoons Spread across 45 million sq. ft., Damac Lagoons has different districts inspired by Mediterranean cities like Venice, Malta and Nice. Let’s look at some of the top areas and communities:
Venice
Channelling the spirit of the romantic Italian city, Venice is the entertainment hub of DAMAC Lagoons. The vintage Italian architecture with arches, domes, full-height windows and intricate stonework will enthral you. Homes overlook the crystalline waters and are accessible via private pontoons.
The 4, 5 and 6-bedroom villas in Venice are designed for lavish living. This is the perfect choice for those seeking an ultra-luxury holiday home or exclusive rental property. Gondola rides, alfresco cafes and street performances promise endless fun.
Santorini
Inspired by the dazzling Greek island, the Santorini has whitewashed homes with signature blue domes. The chic townhouses and villas offer breathtaking vistas of the lagoons and tropical landscapes.
Santorini seamlessly blends contemporary comforts like home automation with idyllic Mediterranean charm. The Island Odyssey hub provides pristine beaches for creating unforgettable memories.
Portofino
Portofino provides the perfect work-play balance. The architecture reflects vintage Italian fishing villages. After a long work day, you can unwind at the waterside cafes or stroll down the cobblestone streets.
The spacious 3, 4 and 5-bedroom townhouses have private pools, courtyards and smart home features. The Ligurian Gem youth activity centre promises non-stop entertainment.
Morocco
Find your Zen at Morocco – the tranquility hub of DAMAC Lagoons Morocco. Whitewashed walls, exotic courtyards and verdant spaces provide a soothing North African vibe. Not only this, you can practice yoga at waterfront studios, socialize at family cabanas or meditate at the parks. The lavish townhouses and villas make coming home a relaxing experience.
Costa Brava
Inspired by the picturesque Catalonia region of Spain, Costa Brava is designed for active families who crave adventure. From paddle boarding to climbing, this energetic hub promises thrills for adrenaline junkies.
Nice
Transporting the charm of the French Riviera, Nice provides a youthful and artistic ambience. The bold architecture fuses modern elements with Provençal touches like clay tiles and decorative wrought iron.
Kids will love the dedicated play zones like the skate and pedal parks. Nice also offers a happening art district and a colourful farmer’s market.
Andalusia
Andalusia is designed as an exclusive hub for ladies. It offers salons, spas, gyms, yoga centres, and retail stores for women along with stylish whitewashed homes.
Malta
Malta focuses on edutainment for children. It will host engaging activities like AI technology workshops, arts and crafts studios and a discovery maze. The townhouses fuse modern lines with vintage European architecture. For families seeking good schools, Malta provides exceptional opportunities for learning and growth.
Final Thoughts on Investing in Damac Lagoons
To summarize, Damac Lagoons offers a vibrant community with upscale homes, resort-style amenities and long-term investment prospects.
As a new luxury project by a reputable developer, it has great potential for capital growth and promising rental yields.
For end-users, Damac Lagoons provides an idyllic environment and family-centric lifestyle. The spacious townhouses cater to the needs of large families.
You can diversify your portfolio by adding this high-value asset. The flexible payment plans make the properties easily accessible. Overall, Damac Lagoons checks all the right boxes as a premium community that balances lifestyle aspirations and financial objectives. Whether you are looking for a family residence or an investment opportunity, Damac Lagoons is worth considering. For more information, you can visit our TopLuxuryPropert.com.
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