Luxurious Lagoon Views Apartments in Dubai
Introducing the second phase of the Lagoon Views project by DAMAC in Dubai, offering 1 and 2-bedroom Mediterranean-style apartments on the shores of an artificial lagoon.
Starting Price: $266,583
Size: From 39 m²
Completion: 2027
Project Highlights:
• Located in the DAMAC Lagoons master community, featuring a beach club, gazebos, and cafes
• Artificial lagoon with luxurious beaches, a beach club, gastrobars, F&B service, cinema, gardens, pools, and a volcanic rock park
• Inspired by the development of DAMAC Hills, including shopping centers, schools, parks, golf courses, medical centers, and entertainment infrastructure
• Launch prices are 13% lower per square meter compared to neighboring projects like Golf Greens and Golf Gate
Location:
DAMAC Lagoons is a picturesque Mediterranean-style district with eight vibrant clusters surrounded by lush greenery and water bodies. It is 10 minutes from GEMS Metropole School, 8 minutes to DAMAC Mall, and 20 minutes to Downtown Dubai.
Investment Potential:
• According to DAMAC, property prices in the community have increased by an average of 49% over the last two years
• Rental rate analysis among similar projects suggests an ROI of 6.3% with annual rental income up to $16,729
• As DAMAC Lagoons is new to the rental market, it will be one of the first residential complexes in the area. In the neighboring DAMAC Hills, rental demand has grown by 12% in the last six months
Don’t miss the opportunity to invest in Dubai’s emerging tourist and entertainment hub with Lagoon Views by DAMAC.