DAMAC Lagoon Views NEW LAUNCH

  • AED947,000
DAMAC Lagoons - Dubai - United Arab Emirates
Featured For Sale New Listing Off Plan Hot Offer
DAMAC Lagoon Views NEW LAUNCH
DAMAC Lagoons - Dubai - United Arab Emirates
  • AED947,000

Overview

  • Apartment, Residential
  • Property Type

Description

NEW LAUNCH ALERT DAMAC Lagoon Views

About DAMAC Lagoon Views

DAMAC Lagoon Views stands as a prestigious residential venture by DAMAC Properties within the highly sought-after DAMAC Lagoons community. This development comprises eight-story apartment buildings housing a selection of 1-2 bedroom Mediterranean-inspired residences, with just nine units per floor. Investors also have the opportunity to acquire entire floors within Lagoon Views.

The apartments range in size from 674 sq. ft to 1,145 sq. ft, each boasting its own balcony to savor the breathtaking lagoon vistas. In the second quarter of 2024, the developer launched the second phase of Lagoon Views.

  • Developer: DAMAC
  • Area from 616 sq. ft.
  • STARTING PRICE: 947,000 AED (USD 258K)
  • Apartments: 1-2BR
  • Total Amount of Units: 644
  • 20% BOOKING FEE
  • Handover: Q3 2027
  • PAYMENT PLAN: 80/20

Living in Lagoon Views grants you unfettered entry to a wealth of top-tier amenities tailored for leisure, wellness, and recreation. Among these offerings are:

  • 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

Additionally, indulge in luxury pool floats, board games at the casino pavilion, tapas lounging, poolside refreshments at the pool bar, relaxation in floating pods, and sunset enjoyment at the beach bar.

Location of Lagoon Views

Positioned advantageously within close proximity to Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, Lagoon Views ensures residents enjoy effortless and convenient travel across the emirate. Within just 35 minutes by car, one can easily access numerous sought-after destinations including prestigious hubs like DIFC, dynamic locales like Dubai Marina, and both DXB and DWC airports.

It’s important to note that while there’s a temporary absence of a robust public transport network in the immediate vicinity of Lagoon Views, private vehicles and taxis serve as reliable means for exploration and navigation.

Just a 15-minute drive away, residents have access to various essential facilities including hospitals, schools, supermarkets, and recreational venues. Among these are:

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

Economic Appeal of Lagoon Views

Lagoon Views is projected to be completed in the first quarter of 2027, presenting attractive off-plan investment opportunities with flexible payment plans. Initially launched with a 70/30 payment scheme, the standard plan now stands at 80/20, both requiring a 20% booking fee.

Investors purchasing a full floor in this development are entitled to a 2% discount. Moreover, investing in Lagoon Views opens avenues for visa eligibility, offering a 2-year visa and the potential for a 10-year Golden residency if the property value exceeds AED 2M (USD 545K), extending coverage to spouses, children, and domestic staff.

Developer data from Q4 2023 highlights a substantial 50% increase in real estate capital growth within DAMAC Lagoons since Q4 2021, underscoring the promising investment prospects of Lagoon Views with significant resale profits.

For those considering rental income, neighboring DAMAC Hills serves as a reliable benchmark, boasting an impressive average gross ROI of 7.9% in 1-bedroom apartments as of Q1 2024, with starting rental rates at AED 46K (USD 12K) annually. Renting out properties in Lagoon Views thus presents a lucrative opportunity for sustainable long-term income.

For further details, please reach out to our representatives.

Property Documents

Lagoons-View-Phase-2 brochure
Lagoons View - floor plan
Lagoon Views Payment Plan
  • City Dubai
  • State/county Dubai
  • Area Damac Lagoons
  • Country United Arab Emirates

Details

Updated on May 8, 2024 at 5:41 pm
  • Price: AED947,000
  • Property Type: Apartment, Residential
  • Property Status: For Sale, New Listing, Off Plan

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