DAMAC Lagoons is an exclusive residential development by DAMAC Properties, one of the UAE’s largest development companies. This luxurious community offers an island lifestyle with stunning crystal lagoons. Spanning approximately 45 million sq. ft., each residential cluster within DAMAC Lagoons represents a different Mediterranean location, offering unique features tailored to specific leisure activities.

As of Q2 2023, DAMAC Lagoons was still under construction, with an expected completion date in Q4 2024. Situated near Sheikh Zayed Bin Hamdan Al Nahyan Street, residents enjoy easy access to other areas of the emirate. Surrounding neighborhoods include Tilal Al Ghaf, Dubai Studio City, and DAMAC Hills. Traveling to Dubai International Airport and Al Maktoum International Airport typically takes about 25-30 minutes by car.

Living in DAMAC Lagoons can be considered relatively affordable, especially considering the amenities and lifestyle it offers. For instance, a 3-bedroom townhouse with three bathrooms and a living area of 2,075 sq. ft. is priced at AED 1.46 million (USD 398,000).

Townhouses in the freehold community of DAMAC Lagoons are open for purchase to both local and international investors.

The initial phases of the exclusive development showcased increasing demand for DAMAC Lagoons townhouses. Investing in property within this neighborhood proves to be a lucrative venture, with an estimated ROI of 7%. Buying an off-plan townhouse presents an opportunity to potentially resell at a higher value in the future, given the anticipated rise in property prices as the DAMAC Lagoons community continues to develop.

The DAMAC Lagoons community stands out as one of Dubai’s most sought-after and esteemed neighborhoods. Its prime location, set away from the city’s hustle and bustle, offers residents a serene lifestyle with privileged access to crystal-clear lagoons and a plethora of entertainment options. Residents can enjoy various amenities such as beaches, a floating amphitheater, a sensory plaza, an AR nature island, and a VR Park. Moreover, the community is pet-friendly and boasts numerous parks catering to pet owners.

Townhouses in DAMAC Lagoons vary in price, with factors such as property size, number of bedrooms and bathrooms, and available amenities influencing the cost. The community offers options across different price ranges to cater to various preferences and budgets. At the upper end of the spectrum, the most expensive townhouse in the community features 7 bedrooms and a spacious living area of 17,500 sq. ft., priced at AED 19 million (USD 5 million).