LAGOON VIEWS | 2 BR

Thanks to its highly advantageous and strategic location within the vicinity of Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, Lagoon Views offers residents seamless and convenient commutes throughout the emirate. Within a 35-minute drive, you can effortlessly reach a multitude of the emirate’s most sought-after and desirable destinations, including the prestigious DIFC, the vibrant Dubai Marina, and both of the airports (DXB and DWC).

It is worth noting that due to the temporary absence of a well-established public transport infrastructure in the surrounding area of Lagoon Views, private vehicles and taxis serve as the optimal and most reliable means of transportation for exploring and navigating the vicinity.

A 15-minute drive away, there are multiple facilities that are easily accessible, such as hospitals, schools, supermarkets and leisure venues. A few of these include:

- Akoya Nursery

- Fairgreen International School

- Mediclinic Parkview Hospital

- Carrefour

- Trump International Golf Club

- Dubai Polo & Equestrian Club

CAPITAL APPRECIATION

The average capital values in DAMAC Lagoons registered 50% capital appreciation in last two years.

Nine out of 11 clusters have recorded double digit growth in capital values in secondary market indicating robust investor confidence in DAMAC Lagoons.

INVESTMENT OPPORTUNITIES:

The completion of Lagoon Views is scheduled for Q1 2027. Whilst the development is off-plan, you are provided with a couple attractive payment plans. At the time the project was launched,a 70/30 was offered, while the standard plan is 80/20. In both cases, the booking fee amounts to 20%.

Those who purchase a full floor in this complex can take advantage of a 2% discount.

By investing in Lagoon Views, you will become eligible for a 2-year visa. If the property value reaches AED 2M (USD 545K) or more, a 10-year Golden residency is granted. Both of these visas apply to your spouse and children, whilst the Golden visa additionally covers domestic staff.

According to the developer’s data from Q4 2023, the capital growth of real estate in DAMAC Lagoons has risen almost 50% since Q4 2021. This demonstrates the lucrative investment potential of Lagoon Views, with high profit upon resale.

If you would like to calculate the estimated income from renting out Lagoon Views apartments, you can take a look at the current indicators of the neighbouring DAMAC Hills. As of Q1 2024, the average gross ROI in 1-bedroom apartments in this area stands at a whopping 7.9%. The starting rental cost is AED 46K (USD 12K) per annum. As you can see, it is a highly advantageous option to rent out your property in Lagoon Views, allowing you to enjoy steady long-term income.

COMPETITIVE ADVANTAGES

- Lower service charge.

- Feels closer to amenities – Higher end user demand.

- Higher undivided share of land – Higher opportunities for capital gains.

- Enjoys quick ease in access, saving time

- Close to 1,000 units sold in last 24 months.

- Sales off take rate of 35 to 40 units a month.

- Competitive Price

- DAMAC Lagoon Views is the most competitively priced lagoon themed apartments in Dubai

- Close to 1,000 units sold in last 24 months.

- Sales off take rate of 35 to 40 units a month.

- DAMAC Lagoons recorded robust capital appreciation of 50% in 24 months

- Nine out of 11 clusters recorded double digit growth in last two years.

SUMMARY

• Rare and unique project in Dubailand as low-rise lagoon facing apartments.

• As such, these are highly sought after and fast moving units.

• Part of a community that has commanded over 49% appreciation in the last 2 years.

• Competitive price point – lowest PSF compared to competition.

• Major benefits of a low rise apartment – closer to the community, lower service charges, lower maintenance costs, higher structural lifespan, higher undivided share of land.

• Access – lower waiting time for elevators & faster access to parking and community exit points during peak hour commute and also, ease of access to exit points during an emergency

• Low rise apartments generally command a higher capital appreciation in comparison to high rise projects.

• These apartments will be part of a ready community by handover.