DAMAC Properties is the 2nd largest developer in the UAE (17% of the UAE market), which was founded on 28 January 2002.
In January 2015, DAMAC Properties was listed on the Dubai Financial Market.
DAMAC Properties has been shaping the Middle East luxury real estate market since 2002, offering iconic residential, commercial and leisure properties in the region and beyond.
It operates in the United Arab Emirates, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman and the UK.
DAMAC adds vibrancy to the cities in which its projects are located, with a huge and diverse portfolio.
To date, DAMAC has delivered approximately 39,400 quality homes, with another 28,000 under construction.
DAMAC Properties has won over 100 awards and recommendations worldwide for everything from skyscraper architecture and interior design to hospitality excellence and international golf courses.
Inspired by the Mediterranean, DAMAC Lagoons is a family-friendly community located 15 minutes from Dubai Marina. Villas and townhouses are built around a huge man-made water lagoon with many beach activities.
The lagoon is over 30 meters wide, with beautiful soft sandy beaches. When the lagoon is completed, the water body will form the letter “D”, which stands for “DAMAC”, the project developer.
The project comprises eight sub-communities, each paying tribute to a popular Mediterranean destination and featuring an individual architectural style and colour palette:
Santorini, “The Central Hub”, is the first cluster to emerge. The area offers a fitness and wellness area, a wall climbing facility, the Clubhouse and a Floating Cinema. The dominant colours of the property units will be blue and white.
Morocco, “The Tranquility Hub”, reflects the unique architecture of the Moroccan style. This area will feature lagoon-facing infinity pools, meditation lawns for yoga and family cabanas. The dominant colours of this area will be green and white.
Venice, “The Fun Hub”, was inspired by the waterfront cafes and entertainment venues of the City of Masks. This area features stone and wood architecture and will offer surfing activities on the water.
In Costa Brava, “The Adrenaline Hub”, you can experience adventures such as zip-lining, climbing, kayaking, paddle surfing and wave riding. The colours are mainly beige and white, combined with blue and brick.
Portofino, “The Work & Play Hub”, offers a waterfront café, team building events, kayaking, sailing and paddle surfing. There are also co-working spaces.
Nice, “The Youth Hub”, has cycle tracks, a skate park, BMX arena and children’s pools.
Malta, “The Play and Learn Hub”, offers a sensory plaza, a discovery maze, a camping island and an augmented reality nature trail. Many of the facilities have an educational aspect to support and involve the children who participate in the activities.
Andalusia, “The Ladies Hub”, is known for its gym, spa, beauty salon and meditation room.
Amidst the communities will also be an island of bars.
Family comfort is one of the developer’s priorities for this project. It is therefore natural that the real estate comes in the form of spacious villas and townhouses with impressive outdoor spaces.
The villas vary in size and layout, with properties ranging from 3 to 6 bedrooms and sizes ranging from 2,012 to 4,377 square metres.
The total number of properties planned in the community is 6,000 units.
→ water play
→ jet ski
→ zip line
→ water cinema
-> Restaurants & Bars
→ Hessa Street, close to DAMAC Hills
Within walking distance of the property are Global Village, Dubai Speedway, Miracle Garden, Dubai International Stadium, International Airport, Business District, Medical Centers and some schools.
DAMAC Lagoons is located opposite of DAMAC Hills. Although the Lagoons development stretches along Hessa Street, it is hidden away from the hustle and bustle of the road.
The area enjoys seamless access to Dubai’s major highways, including Mohammed Bin Zayed Road, Emirates Road and Al Khail Road.
The area is close to shopping malls, leisure facilities, medical and educational centres.
A 10-minute drive will take you to destinations such as the Dubai Polo and Equestrian Club, Park Inn by Radisson, Studio One Hotel, First Avenue Mall, Aster Medical Centre, Jebel Ali School and Fairgreen International School.
A 15-minute drive will also take you to the Dubai Speedway, Plantation Equestrian and Polo Club, Miracle Garden, Dubai International Stadium, Global Village, IMG World, City Centre Me’aisem Shopping Mall and Parkview Hospital.
It will take you 20 minutes to reach the nearest schools and the Five Hotel Jumeirah Village Circle.
3 bedroom villas: From AED 1,569,000.
4 bedroom villas: From AED 1,750,000.
-> 5 bedroom villas: From AED 2,600,000.
-> 6 bedroom villas: From AED 4,900,000.
-> 7 bedroom villas with private pool: From AED 7,305,000.
7 bedroom villas with private pool, waterfalls, private gym, steam room and saunas
From AED 11,849,000.
1st instalment: 5% within 3 months from the date of sale.
2nd instalment: 5% within 6 months from the date of sale.
3rd instalment: 5% within 9 months of the date of sale.
4th instalment: 5% within 12 months of the date of sale.
5th instalment: 10% when the project is 40% finished.
6th instalment: 10% when the project is 50% finished.
7th payment: 10% when the project is 60% finished.
8th payment: 10% when the project is 70% finished.
9th instalment: 20% when the project is finished.
Delivery date :