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Hello everyone. Apartments with a lagoon view in Dubai, completing in 2027, which is sooner than most of the schemes on this list. Today, DAMAC Properties by Lagoon Views is what we are looking at today!
For prices, taxes and the whole buying process, see our guide: Dubai Property Guide
Apartment types, current price range and location: see the project page
Lagoon Views is an apartment scheme rising on the water facing side of the DAMAC Lagoons community. The clearest feature of this Mediterranean inspired masterplan is its crystal lagoons, and the scheme takes its name straight from that view.
Prices
- Apartments: AED 1,353,000and up
- one and two bedroom options, in a range of layouts
- Apartment size: 60 m²and up
- Completion: Second quarter of 2027
- Developer: DAMAC Properties
- Address: DAMAC Lagoons, Dubai
DAMAC Propertiesis a developer with more than thirty years behind it in Dubai. DAMAC Lagoons is one of the company’s largest masterplans on the Dubailand corridor and is handed over in phases, which for a buyer means being able to go and see the completed parts.
Why Lagoon Views?
The real difference is the completion date. 2027 is one of the earliest handovers in DAMAC’s Dubai portfolio. The largest cost in an off plan purchase is the time your money waits without producing rent; the difference between two years and five changes the return on the investment directly.
- Aster Medical Centre 9 minutes away
- Mediclinic Parkview Hospital 12 minutes
- NMC Royal Hospital 19 minutes
- Park Inn by Radisson Motor City 10 dakika, Studio One Hotel 9 dakika
- FIVE Jumeirah Village Hotel 19 dakika
Daily life
The community is laid out with walking and lounging areas around the lagoons. Everyday needs are met by the commercial units within the area; for larger shopping, the centres in the neighbouring districts are a short drive away.
Rental yield and tenant profile
Apartments facing the lagoon tend to command a premium over the inward facing units in the same community, both to let and on resale. The view is one of the variables that most affects how a listing performs in the Dubai rental market. No income tax is charged on rental income in Dubai.
Communal areas and specification
- Crystal lagoons and water routes
- Apartments with a lagoon view
- Landscaped walking areas
- Social and lounge areas
- Commercial units within the area
- Wellness facilities
Who is buying?
Investors who want to buy off plan and reach rental income quickly, and families planning to live in a unit with a view.
Total cost: what you actually pay when you buy at Lagoon Views
There is no stamp duty in Dubai; its equivalent is the Land Department (DLD) transfer fee of 4% of the sale price. The table below is indicative, based on the entry price.
| Item | Amount |
|---|---|
| Property price | AED 1,353,000 |
| Land Department transfer fee (DLD, 4%) | AED 54,120 |
| Registration and administration fees | about AED 4,200 |
| Approximate total | AED 1,411,320 |
With a loan there are mortgage registration and bank charges, and if you let the property, management commission. For purchases on the United Kingdom side, use our purchase cost calculator page.
What to Check Before You Decide
- DAMAC Lagoons progresses in phases; construction may continue around it after completion.
- The lagoon facing units are selected, the inward facing apartments lead on price, and we weigh the difference together.
- The district is planned around road access.
- The service charge can come out above your expectation because of the water features and the landscaping.
- Check the off plan payment schedule and the completion guarantees in the contract.
How does Lagoon Views compare with the alternatives?
- Valencia: in the same community, at a lower entry price and with an office option.
- ELO 3: Yine 2027 teslimli, DAMAC Hills 2’de.
- Ellington House: a boutique, design led alternative in Dubai Hills Estate.
We can work out together which project fits your goal, judged on budget, intended use and exit plan. We can also draw up a Dubai list ordered by completion date.
Answers to the most common questions on this topic: Can You Buy Property in Dubai in Instalments? How Payment Plans Work
