Damac Lagoons
Located about a 15-minute drive from the Dubai Marina and the new Al Maktoum Airport is the Damac Lagoons neighborhood. This is a great neighborhood for investors, as many tourists and migrants will be staying here.
General information
Damac Lagoons is one of developer Damac's most enchanting new developments, inspired by the beauty and charm of the Mediterranean. This unique project takes residents on a journey through several Mediterranean coastal villages, with each cluster having its own character and atmosphere. It is like living in a vacation destination every day, without having to leave the bustling city of Dubai.
The different clusters in Damac Lagoons are named after some of the most iconic Mediterranean regions, each with their own style and amenities. For example, Santorini, known for its bright blue and white color scheme, perfectly mimics the Greek islands. Here, serene waters and white sandy beaches where you can fully relax are found. Portofino takes you to the Italian Riviera, with vibrant colors, charming streets and a relaxed atmosphere perfect for families and professionals who enjoy an active lifestyle. For glamour and sun lovers, Marbella offers a luxurious ambience inspired by Spain's famous coastal village, with wellness facilities, sports activities and spas.
The real estate in Damac Lagoons is as impressive as its surroundings. The spacious villas and townhouses are designed to combine luxury and comfort, with modern architecture matched to the themes of the clusters.
In addition to the stunning scenery and beautiful homes, Damac Lagoons offers a wide range of amenities that make life here extra special. Whether you want to relax on an artificial beach, play water sports on the lagoons, or enjoy a snack at one of the waterfront cafes, there is something for everyone. For children, there are special play areas and adventure water parks, while adults can enjoy the fitness centers, spas and restaurants scattered throughout the various clusters.
ROI and capital appreciation
The prospects of returns and value increases in Damac Lagoons are great. This is due to the good location of the gated community and because it is a one of a kind project, where many tourists and emigrants will be staying. Villas, 1 and 2-bedroom apartments will generate the best returns in this area. It is recommended to rent the properties short-term.
Off-plan
New construction in this region will experience an increase in value between 20% and 30% during the construction phase, which is usually 3 years. Net rental returns on the initial investment will be between 8%-10%. After completion, value appreciation in this area will be around 5% per year.
Ready built
Existing construction in this area will experience an increase in value around 5%.