DAMAC Lagoon Views DAMAC Lagoons Dubai

DAMAC Lagoon Views is the first apartment release in DAMAC Lagoons, the Mediterranean-themed community DAMAC Properties is building beside DAMAC Hills in Dubailand. DAMAC launched it as the first apartment complex in its third master community: six low-rise buildings of one and two-bedroom homes around the lagoons, about 674 to 1,145 sq ft, with 9 units a floor.

Broker pages quote one-bedrooms from AED 1.353 M (about Rs 3.48 crore) and two-bedrooms from AED 1.801 M, on a 20/60/20 plan. Handover is printed as Q1 2027 on some pages and Q2 2027 on others. This page covers the first release only. The second release, in Q2 2024, added six more buildings and 644 units, and one of them has its own page: Lagoon Views 12.

At a glance

Price and unit pricing

We print AED 1.353 M because two broker project pages for DAMAC Lagoon Views give it as the one-bedroom start, and the source listing prints no price. It is a broker's figure, not a DAMAC price list. A third broker page puts the launch at AED 1.3 M. The portal averages above are asking prices, not sales, and mix floors and views.

Notice how close the numbers are. A launch-era start of AED 1.3 M to 1.353 M, and a one-bedroom average ask of about AED 1.33 M, suggests little resale premium on this release so far. That can help a buyer today, but it also tells you the lagoon theme has not pushed prices far past launch. The DLD transaction record for the buildings is what settles what units really sell for.

The rate per foot needs care. The pages do not tie the AED 1.353 M start to a plan size. If it is the 674 sq ft plan, that is about AED 2,007 per sq ft; on a larger one-bedroom it would be lower. One 2026 guide puts Lagoon Views at AED 750 to 1,100 per sq ft, which does not fit the quoted prices, and another puts the average for DAMAC Lagoons apartments at AED 1,795 per sq ft. Ask for the unit's plan and suite area before you compare.

Phase 1 against phase 2

The second Lagoon Views release, in Q2 2024, was quoted from about AED 947,000 to 1.5 M, and Lagoon Views 12 launched from AED 1.1 M. Phase 1 buildings are dearer on the quoted start, but they hand over first, which matters if you want rent sooner.

Payment plan and total cost

The plan is 20/60/20: 20% on booking, 60% in instalments during construction, and the last 20% at handover. With handover in 2027, most of the construction share has already fallen due for launch buyers, so a buyer today is often taking over a unit from an existing buyer.

Worked example: the AED 1,353,000 one-bedroom, bought direct

DAMAC adds its own admin charges, and a broker adds 2% plus VAT, about AED 28,400 on this price. The fees, not the price, are the part you cannot negotiate.

Buying from an existing buyer. An off-plan resale is an assignment. You repay the seller what they have paid DAMAC plus their premium, take over the remaining instalments, and pay the 4% DLD fee on the full resale price. On a unit bought at AED 1,353,000 with 80% paid and resold at AED 1,450,000, you would pay the seller about AED 1,179,400 and owe DAMAC AED 270,600 at handover. Ask DAMAC for a statement of account and its transfer fee in writing before paying the seller anything.

Service charge. Not published for Lagoon Views. Guides for DAMAC Lagoons quote AED 6 to 8 per sq ft a year in one case and AED 14 to 18 in another. On a 674 sq ft one-bedroom that is about AED 4,000 to 12,100 a year. The wide gap is a reason to get the budget from DAMAC before handover.

Location and connectivity

DAMAC Lagoons sits beside DAMAC Hills in Dubailand. Emirates Road (E611) and Hessa Street (D61) are the main links, with Sheikh Zayed bin Hamdan Al Nahyan Street as another way in. Dubai Sports City and Motor City are about 10 to 15 minutes by car, Mall of the Emirates about 25 minutes, and Al Maktoum International Airport (DWC) about 25 to 30 minutes. There is no metro, so plan on a car.

The Lagoon Views buildings face the community's swimmable lagoons and man-made beaches, the feature DAMAC sells Lagoons on. DAMAC's launch release lists a sunset beach bar, flamenco gardens and a volcanic stones park among the lagoon-side spaces. Trump International Golf Club Dubai and the shops and schools of DAMAC Hills are next door.

The community is moving from building site to neighbourhood. About 6,300 Lagoons homes are due for handover in 2026, Santorini residents have been in since late 2025, and infrastructure was reported more than 80% complete. The Lagoons District, with offices and a mall, is still to come. For other options, see all Dubai projects we track or the full projects list.

Amenities and specifications

DAMAC's launch release described the buildings as ground plus six floors of one and two-bedroom homes; broker pages describe them as 8 storeys. Either way this is low-rise living, with 9 units a floor. The Mediterranean styling carries into the shared spaces: beauty hills for lounging on small green mounds, a honey bar with wellness products, hammocks set over the lagoons, an outdoor spa and an aqua boho lounge.

The rest is the community's: the lagoons and beaches, the beach bar and gardens, and DAMAC Hills' golf course and facilities a short drive away. None of the sources checked publishes the finish schedule, the appliance package or parking per unit. With handover close, DAMAC should be able to give the final specification; ask for it with the snagging procedure. Final specification as per the SPA.

On a one-bedroom from 674 sq ft, room sizes matter more than extras. Ask for the plan and check the balcony area, which counts in the suite area but not in living space.

About the developer

DAMAC Properties was founded in 2002 by Hussain Sajwani. In September 2026 it said it had handed over more than 50,000 homes, with over 55,000 in its pipeline and more than AED 10 billion of construction contracts awarded in the first half of 2026. It planned 8,800 handovers in 2026, across DAMAC Hills, DAMAC Hills 2, DAMAC Lagoons, Chic Tower and Elegance Tower.

DAMAC Lagoons is the largest part of that programme: about 6,300 homes in 2026, against about 513 in 2025. Santorini, the first cluster, began handover in November 2025, about a quarter after target. Company-wide, a 2026 review of DLD data puts DAMAC's average delay at six to twelve months beyond the SPA date, with snagging complaints more common than at Emaar or Sobha. For Lagoon Views phase 1, that points to keys in the second half of 2027 and a careful inspection before you accept them.

For Indian buyers

Ownership. DAMAC Lagoons is freehold for foreign buyers. During construction your purchase is an Oqood record at the DLD; at handover the DLD issues the title deed in your name. The UAE has no annual property tax and no VAT on a residential sale; the government cost is the 4% DLD transfer fee, AED 54,120 on the entry one-bedroom.

Remittance. Under the Liberalised Remittance Scheme each person can send USD 250,000 per financial year. The one-bedroom with fees is about AED 1.41 M, roughly USD 384,000: above one person's allowance, inside a couple's USD 500,000. On the plan, the instalments spread across two financial years, which eases the limit further. TCS of 20% on remittances above Rs 10 lakh a year is adjusted against your income tax.

Golden Visa. The property route needs AED 2 million. A single Lagoon Views unit at the quoted prices falls short; the two-bedroom start is AED 1.801 M.

Rent and tax. One 2026 guide puts DAMAC Lagoons gross yields at 5.5% to 7%, about AED 74,400 to 94,700 a year on AED 1,353,000. With so many homes handing over at once, early rents may sit at the low end. The UAE levies no tax on the rent; an Indian tax resident declares it in India, with the 30% standard deduction, and reports the flat as a foreign asset. On exit, the gain is taxed in India as a capital gain on foreign property.

Pros

• The first Lagoon Views release, so it hands over ahead of phase 2 and DAMAC's newer Lagoons apartments
• Low-rise buildings with 9 units a floor: short lift waits, quiet corridors
• About 6,300 Lagoons homes handing over in 2026, so the neighbourhood is forming before these keys
• 20/60/20 plan leaves only 20% due at handover
• An active resale market: one-bedroom asks average about AED 1.33 M on one portal

Cons

• At about AED 2,000 per sq ft on the smallest one-bedroom, dearer per foot than Lagoons townhouses
• Three handover dates in print, and DAMAC's record runs six to twelve months late
• No DLD project number, unit count or service-charge budget published
• Below the AED 2 M Golden Visa line, even for a two-bedroom at launch prices
• Many near-identical Lagoon Views buildings will compete for tenants and buyers
• No metro; a car is needed for most trips

Who this is for

• Buyers who want a DAMAC Lagoons apartment with keys in 2027
• Landlords who want a one-bedroom in a family villa community
• Couples funding under USD 500,000 through the LRS
• Resale buyers who will check the seller's paid-up amount with DAMAC

Who should look elsewhere

• Golden Visa buyers - these apartments sit under AED 2 M
• Buyers who need the metro or a short drive to Downtown
• Anyone who cannot absorb a six to twelve-month handover slip
• Buyers who want a large unit: the biggest plan is about 1,145 sq ft

Our verdict

DAMAC Lagoon Views phase 1 is the building set that opened DAMAC Lagoons to apartment buyers, and its best feature is timing. It is due in 2027, into a community that DAMAC is filling with about 6,300 handovers this year. The price is less of a bargain than the lagoon renders suggest: AED 1.353 M for a one-bedroom is about AED 2,000 per sq ft on the smallest plan, and resale asks now sit close to that figure. Three handover dates are in print and DAMAC runs late, so a buyer should expect keys in the second half of 2027 at best. Buy it as a finished-soon rental unit, not a quick flip.

A sensible buy for a landlord or end user who wants a DAMAC Lagoons apartment with keys in 2027, at a price close to what comparable units actually trade for. Get the DLD project number, the SPA handover date and the service-charge budget before paying. If you want the Golden Visa or a metro commute, look elsewhere.

Talk to Realty Hunting for the current price list, the developer's latest payment plan and a site-visit plan.

Run this project's numbers yourself. The calculator opens on the price and unit size above; change the currency, the rent or the mortgage and it recalculates the fees, the cash you need on day one and the net rent.

FAQs

What is the price of DAMAC Lagoon Views?

Broker pages quote one-bedrooms from AED 1.353 M (about Rs 3.48 crore) and two-bedrooms from AED 1.801 M (about Rs 4.64 crore); another broker page gives the launch price as AED 1.3 M. One portal's asking prices over six months average AED 1,326,374 for one-bedrooms. DAMAC's price list or a seller's DLD-registered contract settles what you pay.

Is this the same project as Lagoon Views 12?

No. This page covers the first release of Lagoon Views - six buildings launched as DAMAC's first apartment complex in DAMAC Lagoons. Phase 2, released in Q2 2024 with six more buildings and 644 units from about AED 947,000, includes Lagoon Views 12, which has its own page.

What is the payment plan?

20% on booking, 60% during construction and 20% at handover. On AED 1,353,000 that is AED 270,600, AED 811,800 and AED 270,600, plus AED 54,120 of DLD transfer fee.

When is handover?

Sources print Q1 2027, January 2027 and Q2 2027. The date in your SPA is the one that binds. DAMAC's record suggests allowing a further six to twelve months.

What is the service charge?

Not published for Lagoon Views. Guides for DAMAC Lagoons quote AED 6 to 8 per sq ft a year in one case and AED 14 to 18 in another; on a 674 sq ft one-bedroom that is about AED 4,000 to 12,100 a year.

Does it qualify for the UAE Golden Visa?

Not at the quoted prices. The property route needs AED 2 M of property, and the two-bedrooms start at AED 1.801 M. Two units together, or a unit plus another property, can reach the threshold.

Can an Indian buyer own a unit here?

Yes. DAMAC Lagoons is freehold for foreign buyers. The money leaves India under the LRS, up to USD 250,000 per person per financial year, and the DLD issues the title deed in your name after handover.

What rent can a Lagoon Views apartment earn?

One 2026 guide puts DAMAC Lagoons gross yields at 5.5% to 7%, about AED 74,400 to 94,700 a year on AED 1,353,000. The community is only now filling, so early rents may sit at the low end.

Compare with other Dubai projects

Also in Damac Lagoons: Damac Santorini (from AED 1.49 M, ready), Portofino DAMAC Lagoons (from AED 1,569,000, off-plan), Nice Villas (from AED 1,706,000, off-plan) and Malta Townhouses (from AED 1.75 M, handover 2026). See every DAMAC Lagoons project with prices and handover dates.

More by DAMAC: Camelia Villas at DAMAC Hills 2 (from AED 1,320,000, off-plan), DAMAC Canal Heights 2 (from AED 1.29 M, handover 2027) and Prestige Villas at DAMAC Hills 2 (from AED 1,239,000, ready).

A similar budget elsewhere in Dubai: Rise By Athlon (from AED 1.35 M, handover 2029), Orra Embankment (from AED 1.33 M, ready) and Diamondz (from AED 1,383,000, handover 2027).

Read next: Property for Sale in DAMAC Lagoons: Prices and Yields · DAMAC Projects in Dubai: Prices, Clusters and the Delivery Record · Off-Plan Property in Dubai: How It Works · Dubai Property Payment Plans: 1% Monthly, Post-Handover and More · The Cost of Buying Property in Dubai. Every Dubai project we track is listed on the Dubai section.