Is It the Right Time to Buy Property in Dubai?

Introduction

Dubai, the dynamic and cosmopolitan city in the United Arab Emirates, has long been a magnet for real estate investors from around the world. Known for its iconic skyline, luxurious lifestyle, and strategic location, Dubai's property market has experienced both boom and correction cycles in the past. 

With recent developments and shifts in the global economic landscape, prospective buyers may wonder if now is the opportune moment to invest in Dubai's real estate sector. In this article, we will explore the current market conditions, and factors influencing the decision to buy, and provide insights to help potential investors make an informed choice.

1. Economic Stability and Government Initiatives

Dubai has a reputation for providing a business-friendly environment and strong economic stability. The government's commitment to diversify its economy away from oil has resulted in substantial investments in infrastructure, tourism, and finance sectors. Initiatives such as Expo 2020, which concluded recently, and the relaxation of residency rules for foreign nationals have bolstered investor confidence. These developments create a positive backdrop for property investment in Dubai.

2. Competitive Prices and Attractive Deals

In recent years, Dubai's property market has witnessed a correction in prices, presenting potential buyers with more affordable opportunities. The decline in property values has been driven by several factors, including oversupply, global economic uncertainties, and changes in regulations. As a result, developers and sellers have become more flexible, offering attractive deals, payment plans, and incentives to entice investors. These favorable market conditions may make it an ideal time to consider purchasing property in Dubai.

3. Growing Rental Market

Dubai's property market is buoyed by a thriving rental market. The city's popularity as a business hub, tourist destination, and expatriate haven leads to a steady demand for rental properties. This demand, coupled with the decline in property prices, presents an opportunity for investors to acquire properties that generate rental income. Additionally, the government's measures to regulate the rental market, such as capping rent increases, provide stability and predictability for landlords.

4. Expo 2020 and Beyond

Expo 2020, held in Dubai, showcased the city's potential and brought significant attention and investment to the region. The event's success and the legacy it leaves behind, including improved infrastructure and increased tourism, are expected to have a positive impact on Dubai's property market. The city's ambition to become a leading global destination for business, leisure, and innovation bodes well for property investors in the long term.

5. Risks and Considerations

While the current market conditions in Dubai appear favorable, potential buyers must also consider certain risks. The oversupply of properties in some segments of the market could lead to prolonged price corrections. Additionally, external factors such as geopolitical tensions and fluctuations in global oil prices can impact the region's economy and, consequently, the property market. It is crucial for investors to conduct thorough due diligence, seek professional advice, and assess their risk appetite before making any investment decisions.:

6. Mortgage Rates and Financing Options 

Another factor to consider when contemplating property investment in Dubai is the availability of favorable mortgage rates and financing options. The UAE Central Bank has implemented measures to reduce interest rates and increase liquidity in the banking sector, making borrowing more affordable. This can be advantageous for potential buyers who require financing to purchase the property. It is advisable to explore different lenders and compare mortgage rates and terms to secure the most advantageous deal.

7. Legal Framework and Investor Protection

Dubai has established a robust legal framework that safeguards the rights of property owners and investors. The Real Estate Regulatory Agency (RERA) and Dubai Land Department (DLD) play a crucial role in regulating the sector, ensuring transparency, and protecting investors. The existence of clear property ownership laws and a well-defined dispute resolution process provides assurance and confidence to buyers. However, it is essential to engage the services of a reputable lawyer and conduct thorough due diligence to ensure compliance with all legal requirements and mitigate any potential risks.

8. Future Market Outlook 

While the current market conditions and recent developments in Dubai's property sector present favorable opportunities, it is crucial to consider the future outlook. Ongoing efforts to diversify the economy and attract foreign investment, along with significant infrastructural developments, continue to bolster the city's prospects. However, potential buyers should keep an eye on market dynamics, supply, and demand trends, and macroeconomic factors that may influence property prices in the long run. Staying informed about the market and seeking professional advice can assist investors in making well-informed decisions aligned with their investment goals.

9. Location and Property Selection 

Luxury villas, flats, and commercial properties are among the variety of assets available in Dubai. Factors such as proximity to amenities, transportation links, employment centers, and lifestyle preferences should be considered. Areas with existing or upcoming infrastructure projects, such as Dubai Marina , Downtown Dubai, and Dubai South, often present promising investment opportunities. Conducting thorough market research and evaluating the potential for rental income, capital appreciation, and future development plans in the selected location can significantly impact the long-term success of the investment.

10. Tourism and Hospitality Sector 

Dubai's thriving tourism and hospitality sector is a significant factor to consider when evaluating the property market. The city attracts millions of visitors each year, creating a high demand for accommodation options. Investments in hotels, serviced apartments, and vacation rentals can offer attractive returns through rental income and capital appreciation. The government's commitment to expanding the tourism sector, coupled with initiatives to enhance the city's appeal as a leisure and entertainment destination, further strengthens the potential for property investments in this sector.

Conclusion 

In conclusion, Dubai's property market offers a range of compelling factors for potential investors to consider. With a thriving tourism sector, tax benefits, sustainable development initiatives, and the potential for rental yields and capital appreciation, the market presents opportunities for both short-term gains and long-term investment strategies. However, investors should carefully evaluate market conditions, conduct thorough research, and consider their risk tolerance and investment goals before making any decisions. By leveraging the advantages of Dubai's property market and adopting a prudent approach, investors can position themselves for success in one of the world's most dynamic real estate markets.

Waterfront Living Is The Latest Trend In Dubai!

Waterfront living is now highly gathering much appreciation in Dubai. Investors from various nations show their keen interest in this latest trend and the demand for such types of abode is on the top so far. 

We all know Dubai is the land of wonders, luxury, and advanced technology. And this emirates city has gained popularity very fast. And the rapid growth of Dubai and the booming economy is evidence that the city holds myriads of opportunities within; among them, Dubai Real Estate plays another crucial role. 

Yes, would you believe that, despite being the world’s 21st most expensive city residential properties are quite affordable here! And the UAE laws also welcomes ex-pat to invest in Dubai Real Estate and for that the UAE government issue different law for them which is totally in expats' support. Expats can buy property from designated freehold areas, provide Golden Visa, and so on. 

As I mentioned above that the property prices in Dubai are quite affordable as compared to other global cities expats give the city first priority for investment. Luxury was just a complementary, but blending this upscale thing with something new and presenting it uniquely is now in trend there. 

For example – Waterfront living. This trend is gaining appreciation and popularity in Dubai. You must have heard about DAMAC Properties, the leading developer of Dubai famous for his DAMAC Lagoons community where the developer has given the community a Mediterranean theme. And also, built 8 different clusters two more are added now. 

The USP of the DAMAC Lagoons community is, it gives Mediterranean vibes, water sports features, world-class amenities, and a waterfront lifestyle. Because of this, the demands for homes in this community are pretty in surge amongst foreign investors. 

Similarly, Emaar Properties the richest developer of Dubai is also known for its stunning real estate developments. The developer has delivered many outstanding projects with a quite different touch and always grabs the number 1 position which is quite challenging to beat for others.

His noted developments like Dubai Creek Harbour, Rashid Yachts & Marina, Dubai Marina, and Emaar Beachfront are some awe-inspiring waterfront communities and quite sought-after amongst other projects. 

The developer well perceives the end-user’s need and always emerged with a surprise stuffed in that. 

Let’s talk about the most recent development by Emaar 

EMAAR Bayview by Address Resort is the latest waterfront living apartment project in the Emaar Beachfront community. Another sea-facing development that is only designed to let the end-users enjoy a peaceful yet comfortable place for a lifetime. 

This master-planned development has received cutting edged architecture work, skilled engineering can also be visible, luxury is expectable and serenity is USP it comes with. Offering more privacy, more feel, and a perfect resort-styled lifestyle. 

No doubt, the apartments here are roomy and can take the view of the sea nearby. The layout of Bayview has received a futuristic design and offers 1 & 2-bed options so that end-users can choose among them according to their credit score! Whether you are a couple or a family this waterfront development will be a perfect residence or can say peaceful home. 

An array of world-class contemporary amenities is outlined such as a gym, barbeque, pool, dining outlet, retail outlets, and so on for your leisure time. Moreover, the community has a park nearby. Besides this, there are recreations planned for both kids and adults hence rarely one can get bored. 

If we talk about social amenities then the community has all your needs that too at your doorstep. Schools, hospitals, malls, restaurants, hotels, and outdoor activities all are just closely developed and reachable. So if you want to explore the community then there are many things that will keep you engaged.

Now come to the location! Emaar Beachfront is indeed excellently connected to many places via Sheikh  Zayed Road. Also, the community has robust public transportation facilities such as Al Khail Metro service, buses and taxis are available.

Additionally, there are some major landmarks nearby that you can explore like Burj Al Arab (The Tallest 7-star hotel in the world),  Sufouh Beach, Dubai Marina, Downtown Dubai, etc.  

Stands at Emaar Beachfront , this magnificent tower is just receiving one after another booking from desired home buyers. If you are quite curious that how your dream home gonna look like then it’s time to turn the dream into reality. Because inventories in such types of development end soon. 

Closure 

Dubai is known also for being a vacation spot and receiving millions of visitors. So if you are looking for a second home or holiday home in this city then Bayview by Address Resort will be an opportune choice. And suppose planning for an investment then waterfront residence will generate higher ROI. The current ROI in Emaar Beachfront is 7.9%. 

EMAAR Fairway Villas 2 - Premium Living & Investment In Dubai

With a 46% increase in Dubai's real estate market, it freaks me out that is why I haven’t planned for my investment in Dubai. As such appreciation and rental value convert Dubai as the world’s best city to plan for investment.

So it is not just a golden place for travelers who can get swayed by its high-rise buildings, mega shopping experience, and world’s biggest garden, but it is about investment too where unlimited availability of different properties opens a way for the home buyers to get their property in a budget they have which can go up or down to any range depending on the pocket.

Actually, with this much appreciation and in fact, with a 67% increase in the number of foreign buyers it has made me clear enough to be a part of Dubai property where my today and tomorrow both are secured.

And the whole idea of writing this blog is to offer you the best option that you can consider if you also plan something in Dubai just like me, and before unveiling the project, it is important to believe in your facts and requirements because when you are clear with it, then it makes it easier for you plan it and be a part of a trending and lucrative property.

OK, DO YOU KNOW DUBAI IS DIVIDED INTO COMMUNITIES, AND HOW MANY ARE THERE?

Yes, it is divided into different communities where the look and feel are completely different, so Dubai is divided into 9 sectors which are further divided into 226 communities, so for options they are ceaseless, and every community offers comfortable and premium living space but with its pros and cons both because nothing can be as fit as a god.

LET US NOW TAKE YOU TO THE BEST OPTION AVAILABLE

To be very frank every property in Dubai is perfect in itself as it comes to feel and look and most importantly, the below-mentioned property fits my requirements otherwise, you can get studios, apartments, townhouses, and villas.

EMAAR Fairway Villas 2 Dubai , EMAAR South presents a premium space to live in where its comfortable villas with a glass façade look offer an uninterrupted view of the surroundings to keep interacting with the environment to enjoy its ambient.

Okay, as a first-time buyer, trust is the major issue so picking up EMAAR would be the best option where robust construction, timely delivery, and Dubai feel can be experienced, so this again makes a lucrative option to consider if planning for investment.

Apart from its heaps of amenities that bring an active lifestyle, the payment plan adds more confidence because you know that you have time to pay and with the limited amount you can book a home, just like: -

10% on booking-75% during construction-15% on completion

So a good enough time is there when you can make the full payment and get assurance that finally it is yours, and mainly it is for the home buyers who need a smart space to live in, otherwise, for rental, you get way better options which are easily available on Dubaihousing-ae.com.

Now its location is the part of EMAAR South community which is again a part of Dubai South where the area will be home to more than 1 million residents, so this makes it a family-friendly community where more developments around will add better livability because when you have everything in the vicinity then it becomes comfortable and easier to live around.

And yes, the district holds direct access to Jebel Ali Port and the community contributes 35% of GDP where 500,000 jobs and lots more make it a prime area of Dubai in fact, as per my research the prices are comparatively attractive, and affordable opens an investment opportunity for even those who have limited budget.

So EMAAR Fairway Villas 2, EMAAR South is my choice of investment because its starting price of AED 3.2 million offers grand 3-bed villas (4-bed villa is also available over 3,159 Sq. Ft.) where its high design and the active living environment adds beautiful lifestyle because too much of work has left no space for enjoyment, but when you move to such a place where a bunch of amenities such as a park, gym, jogging track, pool and more is served, then the energy comes automatically. 

But yes, the possession year is 2026 so if you could wait then this would be a lucrative choice for you just like me, and if you seeking a ready property then there are options as well. 

TIME TO END IT 

With all the stats and good options, it makes Dubai the top-rated city to consider for your investment because the conversion rate of such happening areas is never disappointing and this means the ROI, rental, and investment everything is way secured for the home buyers and investors both, and being an ex-pat if you worry about security, then don’t worry because Dubai is known for its laws and rules where no fake promises are made, so this means your money will turn up to your saves.

Binghatti House: Where Luxury and Style Converge

 Binghatti House offers a collection of meticulously 1 & 2 BR Apartments and studios that redefine modern living.

 Each unit is thoughtfully designed with spacious layouts, high-end finishes, and panoramic views of the vibrant cityscape. The attention to detail and use of premium materials create an ambiance of sophistication and elegance.

Discover the Enchanting Lifestyle at EMAAR Creek Waters 2

 Welcome to EMAAR Creek Waters 2, where modern living meets natural serenity. Nestled in a picturesque setting along Dubai Creek, this prestigious residential development offers an unparalleled lifestyle experience.

EMAAR Creek Waters 2 presents a collection of exquisite homes designed to elevate your living standards. With meticulous attention to detail, every residence exudes luxury, comfort, and elegance. Whether you choose a spacious apartment or a stylish townhouse, each unit boasts contemporary architecture, high-quality finishes, and panoramic views of the surrounding landscapes.

Indulge in an array of world-class amenities designed to cater to your every need. Dive into the refreshing swimming pools, maintain an active lifestyle at the state-of-the-art fitness center, or unwind in the lush green parks and gardens. Children can explore their imagination at the dedicated play areas, while families can gather and socialize in the inviting community spaces.

EMAAR Creek Waters 2  is strategically located, providing easy access to major highways and key destinations in Dubai. With its proximity to the Dubai Creek Marina and Dubai Creek Tower, residents can enjoy a vibrant waterfront lifestyle, filled with entertainment options, retail outlets, and dining experiences.

Experience a harmonious blend of urban living and natural tranquility at EMAAR Creek Waters 2. Immerse yourself in a community that offers the perfect balance between modern convenience and serene surroundings. Live your dream life in this prestigious development, where every moment is designed to exceed your expectations.

EMAAR Fairway Villas 2 -Brand new development in Dubai

EMAAR Fairway Villas 2, a splendid property that is an embodiment of opulence and grandeur is a residential project, built in the community of EMAAR South.

EMAAR Properties is the developer of this magnificent project, and they are also widely popular for jaw-dropping properties such as Burj Khalifa, Marina Vista, Golf Place Terraces, Emerald Hills, and many more legendary properties.

SERENITY AND ELEGANCE AT THEIR PEAK

At EMAAR Fairway Villas 2, you get to wake up as you cherish the glorious views of the golf course while surrounding yourself with a lush-green aura. 

The surroundings of this property are the epitome of an endless natural beauty where you snuggle in the golf-themed resort, an exotic location where every day feels as if you are on a luxuriant vacation. 

EMAAR Fairway Villas 2 ensures that its residents reside in the lap of luxury along with world-class amenities and here, you can witness an extensive collection of airy villas in an ultra-modern, family-friendly, and gated community.

Fairway Villas 2 will present its residents with an unparalleled and luxuriant style of living. It contains a range of commodious 3 and 4-bedroom villas that are constructed in unique designs and refined finishes. 

The interior of EMAAR Fairway Villas 2 has high ceilings and floor-to-ceiling windows. Moreover, they are fitted tightly with modern installations. 

Built amidst the central location of Emaar South, accommodations constructed in this project were created with a like-minded perspective that ensures its residents enjoy the feeling of pride. 

Livelihood at this location offers a lavish style of living whether you are living alone or with your family. 

The architectural design of this development is inclusive of large indoor spaces and spacious outdoor spheres resulting in a serene environment where you can revitalize and spend quality time with your friends and family. 

PROXIMITY 

EMAAR Fairway Villas 2 is a brand new development, located in Dubai South which is exceptionally famous for its positive and calm neighborhood. 

EMAAR South is situated ideally alongside Expo City Dubai while also offering effortless access to Al Maktoum International Airport and a cluster of Dubai’s most famous leisure spots and business hubs. 

The length of this grand development is 145 square kilometers and is accessible through Sheikh Mohammed Bin Zayed Road in case someone is traveling from other regions of Dubai. 

This development is also located on the adjacent side of the main street and major highway that connects to the popular regions of Dubai such as:

• Al Maktoum International Airport is 05 minutes
• Burj Al Arab is 18 minutes
• Dubai Investments Park is 20 minutes
• Jebel Ali Village id 20 minutes
• Sheikh Zayed Road (E11) is 29 minutes
• Downtown Dubai is 35 minutes
• Abu Dhabi is 50 minutes

EXTENSIVE RANGE OF UNPARALLELED FACILITIES

EMAAR Fairway Villas 2 are perfect for all individuals or families looking for magnificent facilities, an upscale lifestyle, and modern conveniences.

These accommodations come alongside private pools and lush green gardens. This residential sector is surrounded by green corridors that are connected to all villas in this project.

The ground plan of Emaar Fairway Villas 2 also includes mind-blogging scenic views of the golf-themed frontal scenery at every corner.

An extensive range of additional activities offered by this marvelous residential sector is outdoor leisure activities such as a tennis academy, playgrounds, walking paths and bicycle trails, community parks as well as business spaces.

All of them are just a few amazing features of many of the community’s elite landmarks and entertaining amenities. Eventually, the community and this amazing property satisfy the needs of all prospective buyers and investors. 

Residents of this spectacular residential development will enjoy countless recreational activities and social amenities. It is also inclusive of an 18-hole championship golf course. Besides all these above-mentioned extravagant features, the community also holds exclusive shopping destinations, several retail shops, and fine dining restaurants.

Here, people can appreciate the exceptional facilities and activities that are offered to them in a casual and comfortable manner. Below mentioned are some amazing amenities that you can get full access to: 

- Enjoy your fitness time as you run along the wide jogging track

- Exclusive retail shops for your daily necessities

- Revitalize as you take a dip into the swimming pool

- Enhance your kid's personality by taking them to the kids' play area

- Enjoy weekend picnics or stroll in the evening in lushly green surroundings 

- Cherish an exclusive time as you enjoy grilling all the delightful snacks in an open barbeque

- Get a check on your fitness level as you play outdoor sports actively

- Refresh yourself in the clubhouse with your loved ones

KEY HIGHLIGHTS 

- Exclusive Golf Clubhouse 

- Elegant, ultra-modern, and futuristic designs

- Exclusive 3&4 spacious villas

The infrastructure of the locality has a wide range of sumptuous and magnificent villas in an ultra-modern style. 

The elegant and contemporary design of the villas and buildings lures all those prospective buyers and investors who are familiar with the concept of innovation and creativity combined with the natural setting. 

This area is extremely suitable for individuals or people living with their families as it provides residents with ultimate comfortable surroundings.

PAYMENT PLAN

- Pay 10% on booking

- Pay 75% during the construction phase

- pay 15% on completion of the Project

CONCLUSION

I hope this article helps you in finding an ideal property for you as EMAAR Fairaway Villas 2, another luxuriant sub-community will provide you and your loved ones with tranquil surroundings. 

If we talk about the infrastructural perspective, it follows the cutting-edge standard for all investors.

World-class recreational activities at EMAAR Fairway Villas 2 as here you will observe a completely unique lifestyle such as a gymnasium, swimming pool, open barbeque area, park, lush-green gardens, and kid’s play. 

This brand-new residential property renders its residents an excellent passage option allowing quick travel so you should take full advantage of access to numerous locations such as Dubai Investment Park, Downtown Dubai, and others.

The Complete Beginner's Guide To DAMAC Lagoons

ABOUT DAMAC LAGOONS

A 400-hectare villa and townhouse development by DAMAC Properties is called DAMAC Lagoons. White sand beaches, magical experiences, top-notch medical facilities, upscale amenities, and a tropical island ambience can all be found at the development.

There are 8 distinct sub-communities inside this collection of opulent villas and townhomes, each of which was named after and inspired by a distinctive location in the world. These specialised groups consist of:

Costa Brava: The buildings here were influenced by Catalonia's picturesque valleys and vibrant communities.

Venice: The alluring canals and quaint, winding alleyways of Venice served as inspiration.

Malta: The domes and points, cobblestone streets, and honey-stone structures of Valletta served as the inspiration for this sub-community.

Santorini: Located in the middle of The Lagoons, Santorini is known for its whitewashed and blue exteriors, which are typical of Greek island construction.

Morocco: The magnificent architecture of Tangier, a harbour city, inspires this subculture.

Portofino: It conjures up an idealised vision of an Italian village.

Andalusia: The cobblestone alleys of the Spanish area served as the inspiration for this DAMAC Lagoons neighbourhood.

Nice: Last but not least, this neighbourhood evokes the olive groves, picture-perfect beaches, and sun-drenched allure of the French Riviera.

Overview	Project Details
Location	Dubai
Project type	Off-plan
Property type	Villas & townhouses
Unit type	3-Bed to 6-Bed
Developer	DAMAC Properties
Expected completion	Q4, 2024

A residential complex by DAMAC Properties called DAMAC Lagoons is encircled by artificial beaches. It is tucked up against DAMAC Hills, another desired neighborhood by the developer. By the fourth quarter of 2024, DAMAC Lagoons, which has eight sub-districts and was inspired by some of the world's most stunning waterfront towns, including Venice, Santorini, and Costa Brava, should be finished. The proposal is for the development of homes with three to six bedrooms, as well as a community mall, medical services, and dining establishments. The complex will also have a variety of recreational amenities, such as wave riding, lagoon ziplining, and kayaking. The area is a great choice for purchasers and end users due to its strategic location.

IN A NUTSHELL

• A DAMAC Properties off-plan project
• offers homes with 3 to 6 bedrooms.
• Features 8 clusters with a Mediterranean feel.
• Gondola rides, water movies and snorkelling are available as amenities.

SUMMARY OF THE COMMUNITY

A beachfront off-plan development called DAMAC Lagoons is hidden away from the city but is nevertheless accessible to essential locations and famous sites through the emirate's main roadways. The community provides modern amenities in addition to basic necessities, like a floating theatre and a water theatre.

The 45 million square foot project by DAMAC Properties included a collection of eight sub-communities. These Mediterranean-style villa communities have distinctive features and amenities.

The Venice neighbourhood in DAMAC Lagoons, which was inspired by the beautiful city, offers a variety of attractions including gondola rides and cafés by the water. The Morocco cluster, known for its tranquilly, has family cabanas and parks for meditation, while Portofino is the ideal location for play and business.

Two vibrant cities that provide a variety of activities for thrill-seekers are Santorini and Costa Brava. With salons, spas, gyms, and meditation rooms, Andalusia caters to women, whereas Malta and Nice are geared towards kids and teenagers. In a nutshell, DAMAC Lagoons is where these eight wonders of the Mediterranean come to life.

PROPERTIES IN DAMAC LAGOONS, DUBAI

In DAMAC Lagoons Dubai, there are several possibilities for real estate. Villas or townhouses with three to six bedrooms are an option for investors and end users. Waterfalls and lagoons feature high-quality fixtures and furnishings that encircle these two and three-story homes.

On the ground floor of most apartments are a large living space, a maid's room, a kitchen, and a storage area, while on the second story are the master bedrooms and a terrace. A few homes have two adjoining rooms and a rooftop section designated for a terrace. A personal garden and parking space are additional advantages.

FLOOR PLANS FOR DAMAC LAGOONS

Each sub-community's villa and townhouse floor plans are available on the DAMAC Lagoons website in 2D and 3D layouts for interested investors to view.

DUBAI'S DAMAC LAGOONS SALES TRENDS

Villa Type	Average Sales Price in AED
3-Bed	1,530,000
4-Bed	1,709,000
5-Bed	2,497,000
6-Bed	4,915,000

There is a sizable selection of 3 to 6-bedroom homes available in various layouts in DAMAC Lagoons Dubai.

The lowest 3-bedroom property available for purchase in DAMAC Lagoons costs between AED 1.3M and AED 2.7M. The price of 4-bedroom villas in DAMAC Lagoons may reach AED 16.9 million, but such homes also have a garden, a patio, and a private parking space.

The starting price for 6-bedroom villas for sale in DAMAC Lagoons is AED 2.2M, while those interested in large 5-bedroom villas for sale in DAMAC Lagoons could anticipate paying between AED 1.7M and AED 6.6M. Large apartments like the 7-bedroom and 8+-bedroom villas available for purchase at DAMAC Lagoons start at AED 4.9M and AED 12M, respectively.

The following price range applies to the townhouses up for sale in the neighbourhood:

Townhouses at DAMAC Lagoons with three bedrooms may be purchased for as little as AED 380,000.

From AED 1.4M to AED 2.6M, investors may purchase 4-bedroom townhouses at DAMAC Lagoons.

In DAMAC Lagoons, townhouses with five bedrooms typically cost between AED 1.5 million and AED 7.2 million to purchase.

Townhouses at DAMAC Lagoons start at AED 3.6M for six bedrooms.

There are a few 7-bedroom houses for sale in DAMAC Lagoons available at an average price of AED 7.1M spread over an area of 7,268 sq. ft. featuring a patio, private garden and a huge terrace.

LOCATION

Located just across from DAMAC Hills, 11 minutes from The Els Club, and 12 minutes from Dubai Sports City, the Dubai Autodrome, and the Dubai Polo Equestrian and Club, strategically placed close to settlements in Dubailand.

FAQs ABOUT DAMAC LAGOONS 

WHERE ARE THE DAMAC LAGOONS?

Near the intersection of Hessa Street and Sheikh Zayed Bin Hamdan Al Nahyan Street, just across from DAMAC Hills, is the off-plan development known as DAMAC Lagoons by DAMAC Properties.

WHAT IS THE DAMAC LAGOONS VILLAS PRICE RANGE?

Residential apartments at DAMAC Lagoons may be purchased for between AED 3.1M and AED 7M.

DAMAC LAGOONS: IS IT COMPLETE?

The projected handovers for DAMAC Lagoons, which is presently under construction, will be disclosed soon.