Lagoon Views 12 DAMAC Lagoons Dubai

Lagoon Views 12 is a low-rise apartment project of about 322 homes in DAMAC Lagoons, the lagoon-themed community DAMAC Properties is building beside DAMAC Hills in Dubailand. It is one of the numbered buildings in DAMAC's Mediterranean-styled Lagoon Views series, listed by the portals as a project in its own right, and it sells one and two-bedroom apartments. Units launched from AED 1,100,000 (about Rs 2.83 crore).

The launch plan was 20/60/20, and handover is printed as June 2027 on one source and Q4 2027 on another. With the building due within about a year, the real question is no longer the launch price but what resale sellers are asking, which one portal puts at an average of about AED 1.75 million.

At a glance

Price and unit pricing

We print AED 1,100,000 because a portal's project page for Lagoon Views 12 and a broker page both give it as the starting price. The catalogue carries no price for this row. It is a launch figure. The Lagoon Views series has been selling since before its second phase was released in Q2 2024, and with building 12 due in 2027 DAMAC is unlikely to have much stock left at that level. The six-month average asking price on another portal, about AED 1,747,734, mixes one and two-bedrooms and floors, so it overstates what a one-bedroom costs, but it shows the direction.

The sizes on this page are for Lagoon Views as a whole - about 616 or 674 to 1,145 sq ft - because no source prints building 12's own unit sizes. On that basis the launch one-bedroom worked out at about AED 1,630 to 1,790 per sq ft, well above the AED 780 to 920 per sq ft that the Lagoons townhouse clusters launched at. Apartments in a villa community carry a higher rate per foot; the question is whether the rent follows.

For a newer DAMAC apartment option in the same community, compare DAMAC Valencia in the Lagoons District, with studios from about AED 725,000 and handover in 2029.

Payment plan and total cost

The launch plan was 20% on booking, 60% during construction and 20% at handover. For a buyer from launch the sums are below. For a buyer today the plan matters less than the resale arithmetic, set out after the table.

Worked example: the AED 1,100,000 launch price on 20/60/20

Buying on resale. An off-plan resale in Dubai works as an assignment. You pay the seller what they have paid DAMAC so far plus their premium, you owe DAMAC the remaining instalments, and the 4% DLD fee is charged on the full resale price. On a unit bought at AED 1,100,000 and resold at AED 1,400,000 with 80% paid, you would hand the seller AED 1,180,000 (AED 880,000 paid in plus AED 300,000 premium), owe DAMAC AED 220,000 at handover, and pay about AED 56,000 of DLD fee. Developers usually charge an assignment fee as well; ask DAMAC for its figure in writing. Always get DAMAC's statement of account before paying the seller.

Service charge. Not published for building 12. 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. With handover close, DAMAC should be able to give the budgeted figure; ask for it.

Location and connectivity

DAMAC Lagoons sits beside DAMAC Hills in Dubailand, with Emirates Road (E611) and Hessa Street (D61) as the main links and 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 about 25 to 30 minutes. There is no metro.

Lagoon Views buildings sit on the community's swimmable lagoons and beaches, with a sunny Mediterranean theme meant to feel like a seaside resort. The community around them is moving from building site to neighbourhood: DAMAC is targeting about 6,300 Lagoons handovers in 2026, and Santorini residents have been in since late 2025. The Lagoons District, with offices and DAMAC Mall, is still planned.

For other communities, see all Dubai projects we track or our full projects page.

Amenities and specifications

Lagoon Views buildings are low-rise - 8 storeys with 9 units a floor on the phase descriptions - which keeps lift waits short and corridors quiet compared with a tower. Building 12 is quoted with an indoor swimming pool, fitness centres, landscaped gardens and direct lagoon access. Portals label its blocks by letter (a "Lagoon Views 12 C" appears on one), so check which block and floor a unit is in.

Not published: the finish schedule, the appliance package, parking per unit and the service-charge budget. Because handover is near, ask DAMAC or the seller for the final specification and the snagging procedure. Final specification as per the SPA.

About the developer

DAMAC Properties, founded in 2002 by Hussain Sajwani, said in September 2026 that it had handed over more than 50,000 homes, with over 55,000 in its pipeline and USD 2.72 billion of construction contracts awarded in the first half of 2026. About 6,300 of its 8,800 targeted 2026 handovers are at DAMAC Lagoons, against about 513 there in 2025, and community infrastructure was reported more than 80% complete.

Santorini, the first Lagoons 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 12, that suggests keys in late 2027 or 2028 and a careful snagging inspection.

For Indian buyers

Ownership. DAMAC Lagoons is freehold for foreign buyers and 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 44,000 at the launch price and more on a resale price.

Remittance. Under the LRS each person can remit USD 250,000 per financial year. AED 1,100,000 is about USD 300,000, above one person's allowance but inside a couple's USD 500,000. A resale close to AED 1.75 million, about USD 476,000, still fits a couple's single year - just.

Golden Visa. The threshold is AED 2 million of property. Launch prices are well below it; only a larger two-bedroom resale at or above AED 2 million would qualify, and the title deed value is what counts.

Rent and tax. One 2026 guide puts DAMAC Lagoons gross yields at 5.5% to 7%; on AED 1,100,000 that is about AED 60,500 to 77,000 a year, but on a AED 1.75 million resale the same rent is only 3.5% to 4.4%. The UAE levies no income tax on rent; in India it is taxable and the flat goes in Schedule FA.

Pros

• Handover in 2027, far sooner than DAMAC's newer Lagoons apartment launches
• Low-rise buildings of about 322 homes, with 9 units a floor across Lagoon Views
• The community around it is being delivered now - about 6,300 Lagoons homes in 2026
• Launch price of AED 1,100,000 for a lagoon-community apartment
• 20/60/20 leaves only 20% at handover
• Resale listings exist, so prices can be checked against real asks

Cons

• The AED 1.1 M launch price is largely gone; resale asks average about AED 1.75 M
• Two handover dates in print, June and Q4 2027, plus DAMAC's six to twelve-month record
• No DLD project number or building-12 unit sizes published
• Golden Visa is out of reach at launch prices
• Lagoon Views has many near-identical buildings, so resale and rental competition will be heavy
• No metro; a car is needed for most trips

Who this is for

• Buyers who want a DAMAC Lagoons apartment with keys in 2027-2028
• Landlords who want a one or two-bedroom in a family villa community
• Resale buyers who can check the seller's paid-up amount and DAMAC's statement
• Buyers funding under about USD 500,000 as a couple

Who should look elsewhere

• Golden Visa buyers - apartments here are priced under AED 2 M
• Anyone expecting to buy at the AED 1.1 M launch price today
• Buyers who need the metro or a short drive to Downtown
• Buyers who will not verify the building's DLD number

Our verdict

Lagoon Views 12 is one of DAMAC's low-rise apartment buildings in DAMAC Lagoons, about 322 homes due in 2027, and its strength is timing: it hands over years before the newer Lagoons apartment launches, into a community that DAMAC is filling with about 6,300 handovers this year. The weakness is that the AED 1,100,000 launch price is mostly history. Resale asks average about AED 1.75 million on one portal, so a buyer today is paying a seller's gain, not DAMAC's launch rate. At about AED 1,630 per sq ft on a 674 sq ft one-bedroom at launch, the building was never cheap for the location. It suits a landlord or end user who wants keys soon and will check the seller's paid-up amount carefully.

A reasonable near-ready apartment in DAMAC Lagoons if you pay close to what comparable resales have actually sold for, not the average ask. Pull DLD transaction data for the building, confirm the SPA handover date and the DLD number, and budget for a 2028 move-in.

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 Lagoon Views 12?

One and two-bedrooms launched from AED 1,100,000 (about Rs 2.83 crore). One portal's asking prices over the last six months average about AED 1,747,734 (about Rs 4.50 crore), which mixes unit sizes and floors. DAMAC's remaining stock, if any, or a specific resale ask settles what you pay.

What is the payment plan?

20% on booking, 60% during construction and 20% at handover. On AED 1,100,000 that is AED 220,000, AED 660,000 and AED 220,000, plus AED 44,000 of DLD fee. On a resale, most of the construction share has already been paid by the seller.

When is the handover?

June 2027 on one source and Q4 2027 on a portal project page. DAMAC's site gives Q2 2027 for Lagoon Views phase two. Plan for DAMAC's usual six to twelve-month buffer and confirm the SPA date.

How is Lagoon Views 12 different from DAMAC Valencia?

Lagoon Views 12 is an earlier, low-rise building of about 322 one and two-bedroom flats on 20/60/20, due in 2027. Valencia is a newer four-tower project in the Lagoons District with studios too, from about AED 725,000 on 5/55/40, due in Q1 2029.

What is the DLD project number?

Not published by the sources checked. Ask DAMAC or the seller for it and check it on the Dubai REST app before paying anything.

Does it qualify for the Golden Visa?

Not at launch prices. The threshold is AED 2 million of property; a two-bedroom resale near or above that figure could qualify, so check the title deed value.

What service charge and rent should I expect?

Neither is published for building 12. Guides for DAMAC Lagoons quote AED 6 to 8 per sq ft a year in one case and AED 14 to 18 in another - about AED 4,000 to 12,100 on a 674 sq ft one-bedroom. One guide puts Lagoons gross yields at 5.5% to 7%.

Can an Indian resident buy here?

Yes, DAMAC Lagoons is freehold for foreign buyers. AED 1,100,000 is about USD 300,000, above one person's USD 250,000 LRS allowance but inside a couple's USD 500,000.

Compare with other Dubai projects

Also in DAMAC Lagoons: DAMAC Valencia (from AED 725,000, handover 2029). See every DAMAC Lagoons project with prices and handover dates.

More by DAMAC: Canal Crown (from AED 1,120,000, handover 2027), Prestige Villas at DAMAC Hills 2 (from AED 1,239,000, ready) and DAMAC Canal Heights 2 (from AED 1.29 M, handover 2027).

A similar budget elsewhere in Dubai: Danube Oceanz (from AED 1.1 M, handover 2027), Emaar Green Square (from AED 1,100,000, ready) and Hartland Heights (from AED 1.1 M, off-plan).

Read next: 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.