Properties For Sale in Damac Lagoons

Damac Lagoons presents a lavish residential community with a unique concept. The project features a network of themed clusters, each designed in the distinctive style of various Mediterranean countries. Nestled around a picturesque lagoon, this premium resort-style community offers a range of properties, including townhouses, villas, and beachfront homes.

Developed by DAMAC Properties, the summer of 2023 marked the launch of sales for the final cluster, Morocco Damac Lagoons. According to the project, this cluster will comprise 428 exclusive townhouses and 43 villas complete with private gardens, pools, and other upscale amenities. Property prices in this lap of luxury start at $790,000 for a townhouse and nearly $4 million for a villa with an infinity pool, patio, and more.

Other clusters within the community—Santorini, Portofino, Marbella, Venice, Malta, Nice, Costa Brava—offer similarly luxurious properties at corresponding price points. The demand for such properties is so high that hardly any units are left available.

Beyond the quality of the real estate itself, the community's exceptional infrastructure plays a significant role in its value. Featuring a floating cinema, sprawling pools, unique meditation areas, golf and paddle tennis courts, and gourmet dining establishments, Damac Lagoons offers a comprehensive array of amenities.

Investing in Damac Lagoons Real Estate

Against the backdrop of Dubai's new master plan, the real estate market has witnessed massive investment inflows. Across the city, hundreds of residential quarters are simultaneously under construction to meet the soaring demand, driven by the steadily growing allure of the UAE as a tourist and economic destination.

Since the beginning of 2023, the price per square meter in Damac Lagoons has risen by over 1%. Concurrently, the median value of properties within the community has increased by nearly 10%. Those who invested in units the previous year found them selling easily in Morocco Damac Lagoons this year. While the cluster is currently in the off-plan sales phase, prices remain significantly lower than in the completed clusters.

A common investment strategy in resort areas is purchasing units for rental purposes. Dubai boasts numerous property management companies, making remote ownership hassle-free. Moreover, there are no property or rental income taxes, allowing owners to quickly recoup their investment and turn their property into a stable asset.

Buying Real Estate in Damac Lagoons with Space 8 Real Estate

Looking to buy property in Dubai? Give us a call; we have the right options for you.

Space 8 Real Estate specializes in facilitating the purchase of primary residences in the UAE for relocation, investment visa applications, or creating a robust income-generating asset through rentals. We possess information on all the best units available for sale in Dubai. Our realtors are well-versed in the emirate's features, neighborhood specifics, and infrastructure, ensuring detailed consultations for selecting the optimal location.

Our clients have achieved an impressive ROI, with investment returns on Dubai properties reaching up to 50% annually. Over the past six months alone, we've closed deals worth over $200 million and show no signs of stopping. Our goal is to ensure your profitability and encourage your return for reinvestment or further property purchases. As such, Space 8 Real Estate meticulously curates property options, presentations, and ROI calculations to guarantee feasible returns and quick payback periods.