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251 551 €
251 551 €
| Sale price | 251 551 € |
| Price per square meter | 3 992.88 € |
| Floor area | 63 m² |
| Total number of rooms | 2 |
| Number of bedrooms | 1 |
| Number of bathrooms | 1 |
| Construction phase | Off-plan |
| Facility completion deadline | 2027 1К |
| Address | UAE, Dubai, DAMAC Lagoons |
| Type | Two-room Apartment |
Lagoon Views is a premium project from DAMAC Properties in the popular DAMAC Lagoons community. It features 8-story residential buildings. On each floor there will be a total of nine apartments with 1-2 bedrooms in a Mediterranean style. Investors can buy an entire floor.
The total area of the property is from 63 sq. m. m up to 106 sq. m. Each residence will have its own balcony with stunning views of the lagoon.
Residents of Lagoon Views will have unlimited access to a variety of world-class amenities for relaxation, wellness and entertainment. Among them:
olive tree garden;
honey bar;
flamenco gardens;
aqua opera school;
volcanic rock park;
windmill park;
foam parties;
music Festival;
lounge with lighting;
beach club;
boho lounge;
Paradise beach.
Residents will enjoy luxurious floating pools, a table games and casino pavilion, a tapas lounge, a pool bar, floating pods and a beach bar with spectacular sunsets.
Location
Lagoon Views' location next to Al Khail Road, Emirates Road and Mohammed Bin Zayed Road provides residents with easy access to all areas of the emirate. Within 35 minutes you can reach the most sought-after locations, including DIFC, Dubai Marina and both DXB and DWC airports.
Since the public transport network in the vicinity of Lagoon Views is not yet developed, the most convenient way to get around is by private car or taxi.
Within a 15-minute drive from the complex there are many social and entertainment infrastructure facilities, including hospitals, schools, supermarkets and recreational facilities. Among them:
Akoya Nursery;
Fairgreen International School;
Mediclinic Parkview Hospital;
Carrefour;
Trump International Golf Club;
Dubai Polo & Equestrian Club.
Economic attractiveness
Completion of Lagoon Views is scheduled for the first quarter of 2027. While the complex is under construction, several payment plan options are available. At the time the project was launched, the proposed plan was 70/30, and the standard plan was 80/20. In both cases, the booking fee is 20%.
When purchasing an entire floor in this complex, you can take advantage of a 2% discount.
A 2-year visa can be obtained for investing in Lagoon Views. If the value of the property reaches AED 2 million (USD 545 thousand), a 10-year Golden Visa is granted. Both apply to your spouse and children, and the second also applies to household staff.
According to the developer's data for the fourth quarter of 2023, property values in DAMAC Lagoons have increased by almost 50% since the fourth quarter of 2021. This demonstrates the high investment potential of Lagoon Views and solid resale profits.
If you want to calculate the expected rental income of an apartment in Lagoon Views, you can use the figures of neighboring DAMAC Hills as a basis. As of the first quarter of 2024, the average return on investment for one-bedroom apartments in this community is 7.9%, and the starting rental price is AED 46 thousand (USD 12 thousand) per year. Therefore, you can receive stable passive income from rental properties in Lagoon Views.
