Villas and houses for sale in Damac Lagoons

Villas for sale in Damac Lagoons

Villas in Damac Lagoons for investment and living are designed in the style of Mediterranean cities. Buyers can choose properties in clusters such as Santorini, Venice, Malta, Monte Carlo, Nice, Morocco, Portofino, Mykonos, Costa Brava, Ibiza, and Marbella. The developer is Damac Properties, known for its luxury villas in Dubai, including Damac Hills 1 and 2.

The community offers 3- to 7-bedroom villas and townhouses. Depending on the layout, houses for sale in Damac Lagoons feature private pools, staff quarters, lounges, galley and demonstration kitchens, terraces, balconies and lifts. All residences include parking spaces and backyard gardens where relaxation and play areas can be created.

The main feature of investment villas in Damac Lagoons is its resort-style living, with an abundance of water activities and beaches. The community features a man-made lagoon, wave pool for surfing, floating amphitheatre, aqua library, water gym, cafes, restaurants and shops. Residents will have access to various sports facilities including tennis courts, football and volleyball pitches, cycling tracks, a dance studio and a climbing wall.

The community is located along the D 54 and D 61 highways, providing access to major highways, such as E 611 and E 311. It's within 20 minutes’ drive to Dubai Marina and Palm Jumeirah, and 30 minutes’ drive to Downtown Dubai and Business Bay. Dubai DXB International Airport and Al Maktoum Airport are within 35 minutes’ drive.

A wide range of houses are available for purchase. Starting villas prices in Damac Lagoons, UAE, are:

• AED 1.5 million (USD 408,500) – 3-bedroom units;
• AED 1.95 million (USD 531,000) – 4-bedroom units;
• AED 2.3 million (USD 626,000) – 5-bedroom units;
• AED 4.5 million (USD 1.23 million) – 6-bedroom units;
• AED 5 million (USD 1.36 million) – 7-bedroom units.

Townhouse prices start from:

• AED 1.7 million (USD 463,000) – 3-bedroom townhouses;
• AED 1.85 million (USD 503,500) – 4-bedroom townhouses;
• AED 2.1 million (USD 571,500) – 5-bedroom townhouses;
• AED 3 million (USD 817,000) – 6-bedroom townhouses;
• AED 10.25 million (USD 2.8 million) – 7-bedroom townhouses.

Investment houses in Damac Lagoons

Property in Dubai is a lucrative investment as the majority of the emirate's residents are expatriates looking for long-term accommodation. The community will be in demand by families with children due to its well-developed infrastructure, numerous entertainment areas and exclusive amenities.

By 2023, under-construction residential units in Dubai had increased in price by 17%. Buying villas in Damac Lagoons can be done at a more advantageous price as the community has not yet been handed over for occupancy. The property can then be resold at a profit, as on average property values increase by 20–30% from the start of construction to the completion of the project.

Rental cost of villas in Damac Lagoons is not yet set, but indicators from the neighbouring community of Damac Hills can be analysed. The starting rent for a 3-bedroom villa is AED 180,000 (USD 49,000) per annum and for a 3-bedroom townhouse it's AED 190,000 (USD 52,000) per annum. The return on investment in the community for these types of properties ranges from 6.5% to 9.1% per annum.

It is profitable to buy a villa in Damac Lagoons

With our portal, you can buy a villa in Damac Lagoons for expats that suits your preferences and budget. The website has a large database of property options: houses and apartments in Dubai. You can select a property using search filters such as price, area, number of bedrooms, amenities and location. Explore our catalogue of projects from leading developers and real estate agencies and buy a house in Damac Lagoons for foreigners!