Opportunity to Buy an Apartment in DAMAC Lagoons Dubai from 660,000 AED

In one of the well-known residential communities in Dubai, DAMAC Properties has launched a new project featuring studio and one-bedroom units. This collection offers an attractive option for those looking to buy a home or invest in the Dubai real estate market, with a reasonable entry price, long-term payment plan, and diverse amenities.

The apartments in this project are located within DAMAC Lagoons; a community featuring luxury villas, recreational spaces, and an environment designed for family living.

Buyers of these units will have access to the specified community amenities in addition to the exclusive building facilities.

Purchase Price and Specifications of DAMAC Lagoons Apartments

This project offers two types of residential units with practical designs and modern amenities.

Studio Apartments

• Base Price with Discount: from 660,000 AED

• Area: from 350 square feet, approximately 32.5 square meters

• Contract Discount: 3 percent

One-Bedroom Apartments

• Base Price with Discount: from 1,200,000 AED

• Area: from 723 square feet, approximately 67 square meters

• Contract Discount: 4 percent

The above prices are calculated considering the announced discounts at the time of contract signing and may vary depending on the floor, location, and availability of units.

Buying Property in Dubai with a Monthly Payment of 0.25%

One of the key features of this project is the option to purchase an apartment in installments with low monthly payments.

50/50 Payment Plan is structured as follows:

• Pay 50% of the property value during the three-year construction period

• Monthly installments equivalent to 0.25% of the property price

• One 5% installment payment at the end of each year

• Settle the remaining 50% upon delivery of the apartment

This payment method allows buyers to manage a significant portion of their investment until the project is completed.

Special Property Registration Conditions and Transfer Fee Discount

According to the promotional conditions announced for the project, with an initial payment of 15%, the official ownership registration process can be initiated in accordance with the relevant regulations.

Additionally, exemption from the 4% property registration fee in Dubai has been announced as one of the incentives for purchasing this project. The application of this benefit depends on the terms of the contract and the validity of the sales offer.

For applicants with a second passport, the conditions for obtaining UAE residency may also be reviewed based on nationality, property value, and current laws.

Living in the DAMAC Lagoons Residential Community

DAMAC Lagoons Dubai is considered one of the sought-after communities for property buyers in Dubai due to its unique residential space and extensive recreational facilities.

The new DAMAC apartments are located in the apartment section of this community, facing the Lagoons area.

A notable aspect of this location is the proximity of the apartments to luxury multi-million dirham villas and access to some of the shared amenities of the community.

This combination may appeal to those who prefer to enjoy the living space and services of a luxury residential community at a budget lower than villa prices.

From an investment perspective, the presence of extensive amenities, the credibility of the developer, and the location of the community can influence the level of interest from future tenants and buyers; although rental yield and property price growth are not guaranteed.

Amenities of the New DAMAC Lagoons Project

The design of this community includes spaces for sports, relaxation, recreation, and the daily needs of residents.

Building and community amenities include:

• Swimming pool

• Gym with modern equipment

• Lounge and relaxation area

• Barbecue area

• Children's play area and space

• Shops and shopping services

• Access to selected recreational facilities of DAMAC Lagoons community

Internal Amenities of the Units

The apartments are designed with a focus on comfort and optimal use of interior space, featuring the following:

• Smart unit management system

• Kitchen equipped with necessary appliances

• Modern interior design

• Practical layouts for everyday living

These features can make the units suitable for both personal residence and rental market.

Introducing the project developer; DAMAC Properties

DAMAC Properties is one of the major private real estate developers in the UAE, with a history of involvement in residential projects, apartment towers, and villa communities.

DAMAC Lagoons is also one of this company's residential developments in Dubai.

The presence of an experienced developer alongside the project's amenities and clear payment plan are factors that buyers can consider when evaluating this real estate opportunity.

Delivery time for new DAMAC Lagoons units

According to the announced schedule, the delivery of the apartments is anticipated by the end of 2029.

Given the construction stage of the project, buyers can take advantage of off-plan property sales and make their payments according to the installment schedule in the contract.

The final delivery date and detailed payment plan should be reviewed in the official sales contract.

Advantages of buying an apartment in DAMAC Lagoons Dubai

For applicants looking to purchase property on an installment basis in the UAE, this project has several important features:

• Starting price for studio from 660,000 AED

• Offering studio and one-bedroom units

• Monthly payment of only 0.25% of the property's value

• 50/50 installment plan

• Discounts announced at the time of contract

• Location in the DAMAC Lagoons residential community

• Diverse amenities and recreational facilities

• Smart system and equipped kitchen

• Expected delivery by the end of 2029

All these features make the new DAMAC Lagoons apartments one of the options worth considering for purchasing a home in Dubai with a moderate budget and gradual payment plan.

Price inquiry and purchase of DAMAC Lagoons apartment

If you intend to invest in Dubai real estate, purchase an installment apartment, or select a unit for rental income, reviewing the prices and sales conditions of this project can be a good starting point.

To find out about the availability of studios and one-bedroom units, receive apartment plans, installment schedules, and details of purchase discounts, please contact our sales experts.

**Contact us now for consultation and to review available units in DAMAC Lagoons