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DAMAC Lagoons

Water-Themed Luxury Villa Community

DAMAC Lagoons

Developer DAMAC Properties
Location Dubailand
Property Type Villas & Townhouses
Rental Yield 7-9%
Price Range AED 1.8M-5M
Status Under Development

DAMAC Lagoons is a water-themed luxury villa and townhouse community featuring lagoons, beaches, and Mediterranean-inspired districts across multiple phases. Launched in 2021, this master-planned development targets yield-focused investors and expatriate families seeking competitive pricing combined with resort-style waterfront living in Dubai's Dubailand corridor.

Investment Overview

7-9% Annual Rental Yields
8 Districts Themed Neighborhoods
€1.8M-€5M Property Price Range
2021-2028 Development Timeline

DAMAC Lagoons represents the developer's strategic move into water-themed villa communities, competing directly with Emaar's The Oasis while maintaining DAMAC's characteristic pricing advantage (10-15% below Emaar comparables) and aggressive payment plans appealing to off-plan investors seeking capital appreciation through project delivery cycles.

Location & Connectivity

Located in Dubailand district near Hessa Street, approximately 25-30 minutes from Downtown Dubai and Dubai International Airport. The development benefits from:

Themed Districts

DAMAC Lagoons comprises 8 distinct themed districts, each inspired by international destinations:

Mediterranean

Andalusian and Greek-inspired architecture. Waterfront villas with direct lagoon access. First phase delivered 2023-2024.

Santorini

White-washed facades with blue accents mimicking Greek island aesthetic. Hillside positioning with lagoon views.

Venice

Italian-inspired canals and bridges. Gondola transportation theming and waterfront promenades.

Malta

Mediterranean limestone aesthetic. Beach clubs and water sports facilities integration.

Costa Brava

Spanish coastal inspiration with beach access and resort-style amenities.

Portofino

Italian Riviera aesthetic with colorful facades and marina-style waterfront.

Nice

French Riviera inspiration with palm-lined boulevards and beach access.

Tangier

Moroccan-influenced architecture with Mediterranean waterfront positioning.

Property Types & Pricing

Villa Configurations

Townhouses (3 Bedrooms): Entry-level properties starting AED 1.8M-2.2M (€450K-€550K). Compact plots 1,800-2,200 sq ft. Target rental yields 8-9% from budget-conscious tenants. Just below Golden Visa threshold requiring supplemental investment for residency qualification.

Garden Villas (4 Bedrooms): Mid-range positioning AED 2.5M-3.5M (€625K-€875K). Plot sizes 2,500-3,000 sq ft. Target yields 7-8% with Golden Visa eligibility. Optimal for first-time villa buyers and yield-focused portfolios.

Waterfront Villas (4-5 Bedrooms): Premium lagoon access AED 3.5M-5M (€875K-€1.25M). Direct water access, private pools, 3,500-4,500 sq ft plots. Target yields 6-7% with lifestyle positioning for expatriate executives.

Payment Plans & Off-Plan Strategy

DAMAC's competitive advantage lies in aggressive payment structures targeting off-plan investors:

Competitive Positioning

DAMAC Lagoons vs The Oasis by Emaar

Pricing Advantage: DAMAC Lagoons delivers 10-15% lower entry prices than The Oasis for comparable configurations. Entry villas: Lagoons AED 2.1M vs Oasis AED 2.5M. This pricing gap reflects DAMAC's volume-focused strategy versus Emaar's premium brand positioning.

Yield Performance: Lagoons achieves 1-2% higher rental yields (7-9% vs Oasis 6-8%) due to lower purchase prices while commanding similar rental rates. Competitive pricing enables superior cash-on-cash returns for yield-maximization investors.

Target Demographics: Lagoons attracts off-plan speculators, first-time villa buyers, and yield-focused investors willing to accept perceived developer risk for lower entry points. Oasis targets quality-conscious primary residence buyers prioritizing Emaar's track record and amenity investment over maximum yields.

Delivery Timelines: DAMAC's phased approach enables faster initial handovers (2023-2024 for Mediterranean district) versus Emaar's more extended master planning. This benefits off-plan investors seeking quicker capital appreciation realization through delivery.

Investment Considerations

Strengths

Considerations

Investment Recommendation Profile

Optimal For: Yield-maximization investors prioritizing cash-on-cash returns over brand premium; off-plan speculators seeking capital appreciation through delivery cycles; first-time villa buyers requiring competitive entry pricing and flexible payment plans; expatriate families accepting perceived developer risk for lower total acquisition costs.

Consider Alternatives For: Capital preservation strategies prioritizing established developer track records (Emaar/Nakheel offer greater stability); ultra-luxury positioning requiring premium brand associations (Emirates Hills/Palm Jumeirah command greater prestige); immediate community maturity needs (Arabian Ranches/Dubai Hills offer established amenities versus Lagoons' development timeline).

Related Resources

DAMAC Properties Profile

Developer analysis, financial health, and delivery track record

View DAMAC Properties →

DAMAC Lagoons Area

Neighborhood analysis, amenities, and location intelligence

Explore DAMAC Lagoons →

Market Intelligence

Quarterly reports, price trends, and investment forecasts

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Investment Tools

ROI calculators, yield analysis, and comparative data

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Tax & Legal Guides

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