DAMAC Lagoon Views | A Luxurious Residential Project Offering a Unique Lifestyle in the Heart of Dubai

DAMAC Lagoon Views | A Luxurious Residential Project Offering a Unique Lifestyle in the Heart of Dubai

“Lagoon Views” is a luxurious residential project located in Damac Lagoons, featuring residential buildings consisting of 8 floors, comprising a range of apartments inspired by the Mediterranean Sea area. The project offers apartments ranging from one to two bedrooms, with only 9 units per floor, and interested buyers can also purchase entire floors.

Apartment sizes range from 674 to 1,145 square feet, and each apartment includes a private balcony with stunning views of the lake.

In the second quarter of 2024, the second phase of the “Lagoon Views” project was launched. For more information, please contact our agents.

Living in “Lagoon Views,” you will enjoy access to numerous and diverse amenities for entertainment, health, and leisure, such as Olive Gardens, Honey Bar, Flamingo Gardens, Water Opera School, Volcano Stone Park, Windmill Garden, Foam Parties, Music Festival, a glamorous lounge, Beach Club, Boho Lounge, Paradise Beach, as well as luxurious floats, table games, the Casino Suite, Tapas Lounge, Pool Bar, Floating Capsules, and Sunset Beach Bar.

Lagoon Views Details:

– Prices: Starting from AED 354,400.
– Areas: Starting from 63 square meters.
– Location: Located in Damac Lagoons, Dubai.
– Project Status: Under construction.
– Project Type: Residential tower.
– Housing Patterns: Units available with 1-2 bedrooms.
– Number of Units: A total of 162 units.
– Payment Plan (70/30):
20% Down Payment.
50% upon the start of construction.
30% upon delivery in the first quarter of 2027.
– Payment Plan (80/20):
20% Down Payment.
60% upon the start of construction.
20% upon delivery in the first quarter of 2027.

Property Prices:

– As of April 2024, the initial price for an apartment in Damac Lagoon Views is AED 1.3 million (USD 354,000).

Location of Lagoon Views:

Due to its highly strategic and convenient location near Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, “Lagoon Views” provides residents with smooth and convenient transportation throughout the emirate. You can easily access many desired destinations within a 35-minute drive, including:

– Dubai International Financial Centre.
– Vibrant Dubai Marina.
– Dubai and Al Maktoum International Airports.

Additionally, due to the temporary absence of public transportation infrastructure in the surrounding area of “Lagoon Views,” private cars and taxis are considered ideal and more reliable means of transportation for exploring and getting around the adjacent area.

Many facilities are available within a 15-minute drive, such as:

– Aqua Nursery.
– Fairgreen International School.
– Mediclinic Parkview Hospital.
– Carrefour.
– Trump International Golf Club.
– Dubai Polo & Equestrian Club.

Economic Attraction of Lagoon Views:

1. Attractive Payment Plans: The developer offers attractive payment plans for investors, where they can choose between a 70/30 or standard 80/20 plan, with a reservation fee of 20% in both cases. Additionally, those buying a full floor receive a 2% discount.

2. Residence Opportunities: By investing in Lagoon Views, you qualify for a two-year residency visa, and if the property value reaches AED 2 million or more, you can obtain a 10-year Golden Visa. These visas apply to the entire family.

3. Investment Return Opportunities: The property capital growth in Damac Lagoons indicates profitable investment opportunities in Lagoon Views, with expected profits upon resale. Investors can also explore rental opportunities for a steady income, with the average rental yield for one-bedroom apartments in the adjacent area being 7.9%.

Considering these aspects, investing in Lagoon Views is a highly beneficial choice, whether for the financial returns achievable or for the opportunity of permanent residency in Dubai.