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MYKONOS DAMAC LAGOONS

MYKONOS DAMAC LAGOONS

Properties for Sale
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2 473 000 AED
Location Dubai Land, Dubai
Type Development
Completion date IV quarter, 2026 (Off-plan)
Living space 212 m²
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Advantages
Beautiful view
Type of buildings:
Premium
Prestigious neighborhood
20% after commissioning of the property
Downpayment from
20%

The Mykonos Damac Lagoons residential complex in Dubai

The Mykonos Damac Lagoons residential complex is a new resort cluster situated within the Dubailand community. Developed by the well-known developer, Damac Properties, the complex is located on the shore of a man-made lagoon, creating an atmosphere of luxury resort living. The complex offers townhouses with various layouts that cater to the needs of large families and individuals valuing spaciousness and comfort. The housing at Mykonos Damac Lagoons can be considered an excellent option for relocation, seasonal vacation, and investment purposes.

Mykonos Damac Lagoons in Dubailand, UAE

The Mykonos Damac Lagoons development area in Dubai belongs to free zones where foreign buyers can own properties on a private ownership basis.

The premium-class townhouses are situated in a gated community that provides a secluded lifestyle without compromising on safety. The internal community infrastructure includes all the necessary amenities for comfortable living. A significant number of interesting places are also located in the nearby communities. It takes only ten-twenty minutes to reach the Global Village cultural centre and the Dubai Miracle Garden Park. The legendary Palm Jumeirah Island and Dubai Marina beachfront can be reached within a 30-minute drive, and the DXB airport is 35-45 minutes away.

The sale of real estate in Mykonos Damac Lagoons

The price of townhouses starts from AED 2.47 million (USD 672.500). This amount is sufficient to obtain a five-year residency visa for living in the UAE. It can later be renewed an unlimited number of times. As the completion of the project approaches, the property prices within the complex will increase. The final cost of the houses depends on the area and the selected layout type.

The developer offers a convenient payment plan that does not require full payment at once. It’s possible to pay in instalments, with a 20% down payment upon booking, and the remaining payments evenly distributed throughout the construction period. The last 20% is payable upon completion of the complex.

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Location

  • Close to shopping malls
  • Close to schools
  • Close to the kindergarten
  • Near the golf course
  • Great location
  • Beautiful view

Features

  • Panoramic windows
  • Panoramic glazing
  • Terrace
  • Premium class
  • New project
  • Low-rise buildings
  • Tap water
  • Electricity
  • Driveway to the land plot

Indoor facilities

  • Child-friendly
  • Restaurant
  • Cafe
  • Healthcare facilities
  • Conference hall
  • Cinema
  • Recreation area
  • SPA centre
  • Fitness room
  • Pilates and yoga room

Outdoor features

  • Barbecue area
  • Children's playground
  • Landscaped garden
  • Landscaped green area
  • Social and commercial facilities
  • Community garden
  • Car park
  • Water slides
  • Garden
  • Footpaths
  • Benches
  • Well-developed facilities
  • Swimming pool
  • Common area with pool
  • Sports ground
  • Shop
  • Supermarket
more

Real estate in Mykonos Damac Lagoons

Lifestyle

The complex will maintain a Bohemian atmosphere of a Mediterranean resort, provided by the numerous amenities. Thanks to the developed infrastructure, it’s possible to lead an active or peaceful lifestyle in nature without disconnecting from civilization. The proximity to water bodies and a large number of green areas will provide clean air and a comfortable microclimate. The various sports facilities will allow for engaging in favourite sports, including water fitness. A wide range of entertainment options will enable the organization of an exciting and diverse leisure time. Moreover, the proximity to the Business Bay community will provide extensive opportunities for conducting business.

Advantages of the residential complex

All the amenities and entertainment in the residential complex will be designed in the spirit of an elite resort, including the following:

  • artificial lagoon with water attractions,
  • spa-centre,
  • swimming pool,
  • water cinema,
  • hammocks and swings over the water,
  • shaded gazebos for relaxing by the water and floating gazebos in the pool,
  • children's playgrounds,
  • café and a bar,
  • lounge area,
  • floating garden with special night lighting and park with volcanic stones,
  • windmill park,

  • luminous lounge for nighttime relaxation,
  • beach club.

Residents also have access to the many amenities of the other clusters of the prestigious Damac Lagoons community.

Townhouses in Mykonos Damac Lagoon

In the residential complex, you can buy houses of two or three floors with four and five bedrooms. The living area starts at 212 square metres. The interiors are designed in a Greek style and the light colour palette is dominated by light tones. Natural wood and stone are used in the decor. The layout of the townhouses in Mykonos Damac Lagoons includes:

  • enclosed private courtyard,
  • parking for two cars,
  • kitchen, separated from the living and dining room,
  • functional areas, a pantry, and a laundry room.

Each home has a balcony and outdoor terrace for relaxation. The five-bedroom houses are more spacious, up to 307 square metres in size. They include an additional maid’s room and a guest bathroom. The rooms have built-in furniture.

Construction completion

The project is in the implementation stage, with construction scheduled to be completed by the end of 2026. The houses are delivered finished and move-in ready. All the developer’s projects are completed within the agreed time frame, ensuring the purchase is safe and profitable. The housing is characterised by high quality and investment attractiveness. On our website, you can obtain detailed information about the construction stages, as well as ask any other questions related to the developer’s reputation, buying real estate for relocation, or obtaining an investment income. Our managers are ready to respond in real time. For information, simply fill in the feedback form.

Real estate in Mykonos Damac Lagoons as an investment opportunity

Real estate from the developer Damac Properties traditionally enjoys high demand, as the company combines modern design, convenient layouts, and exclusive interiors in its projects. It’s possible to buy property in a developing residential complex in Dubai and sell it at a higher price in the future. Off-plan properties offer the most advantageous prices and it’s also important to consider the capitalisation of the value. In 2022 alone, the average cost of developing homes in Dubai increased by 23%, while the completed properties increased by 8.5%.

A long-term strategy of renting out properties can generate a regular income. The average rent for a four-bedroom townhouse in Dubailand is AED 160.000 (USD 44.000) and this figure tends to increase over time, indicating a potential for even higher numbers once the residential complex is ready for occupancy.

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Location
DAMAC Hills - Ventura
1000 m
School
3 km
ATM machine
3 km
Pharmacy
1000 m
HOC Museum
19 km
Sea
18 km
The Dubailand area

The community combines residential properties and commercial areas, aimed at making life in the area more comfortable. The construction of the district began 20 years ago, and most of the projects have been successfully completed. The area has everything necessary for a comfortable life, including several entertainment centres, sports facilities, shopping malls, supermarkets, restaurants and cafés, as well as social institutions. The convenient location near major highways allows residents to enjoy the benefits of the community's infrastructure without limitations. The world's tallest skyscraper, Burj Khalifa, can be reached in under 30 minutes.

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Payment plan

Payment number
Phase
Payment (%)
Deposit20%
Immediate
20%
1st Instalment5%
Within 3 months of from booking date
5%
2nd Instalment5%
Within 6 months of from booking date
5%
3rd Instalment5%
Within 9 months of from booking date
5%
4th Instalment5%
Within 12 months of from booking date
5%
5th Instalment5%
Within 15 months of from booking date
5%
6th Instalment5%
Within 18 months of from booking date
5%
7th Instalment5%
Within 21 months of from booking date
5%
8th Instalment5%
Within 24 months of from booking date
5%
9th Instalment5%
Within 27 months of from booking date
5%
10th Instalment5%
Within 30 months of from booking date
5%
11th Instalment5%
Within 33 months of from booking date
5%
12th Instalment2%
On Construction Completion 70%
2%
13th Instalment2%
On Construction Completion 80%
2%
14th Instalment1%
On Construction Completion 90%
1%
15th Instalment20%
On Completion
20%

Developer Damac Properties

694All objects of the developer
2002Founded in

Damac Properties is one of the leading construction companies in the UAE. The developer has been operating since 1982 and offers premium real estate in prestigious locations in Dubai. At the same time, the developer is involved in construction in other regions of the Middle East. As of the end of 2022, the company has successfully completed over 43,700 properties, with 28,000 currently under construction. The developer's investment portfolio enables them to work on several projects simultaneously without compromising on quality. You can browse the developer's offers on our website, and our specialists can assist you in selecting and purchasing real estate in Mykonos Damac Lagoons. Get detailed information on floor plans and prices right now!

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