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Damac Properties · Damac Lagoons

Damac Lagoons Views Phase 3

Handover Q4 2027Plan 20/50/30
Brochure
Starting price
AED 1.14M
From 1BR
Price / sqft
878
AED, derived from PropertyFinder unit data
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+6%
to handover (1.6y)
Popularity
63/100
demand index

About this project

Damac Lagoons Views Phase 3 is a residential development by Damac Properties within the Damac Lagoons master community. The project comprises 1 and 2 bedroom apartments designed with a Mediterranean-inspired aesthetic, situated around leisure lagoons and sandy beach areas.

Location & Connectivity

The development is located within Damac Lagoons, offering access to Dubai Marina, Expo 2020, and Mall of the Emirates. The waterfront community provides a quieter alternative to central Dubai while maintaining connectivity to key destinations.

Design & Layout

Units range from 825 sq ft for 1 bedroom apartments to 1,298 sq ft for 2 bedroom layouts. The architecture blends contemporary design with Mediterranean influences, complemented by waterfront positioning and lagoon views.

Amenities & Facilities

Residents have access to a shared swimming pool, gymnasium, spa facilities, and barbecue areas. Children's play areas are integrated throughout the community. CCTV security systems cover common areas, and on-site restaurants provide dining options.

Investment Profile

Scheduled for completion in December 2027, the project offers a 20/50/30 payment structure: 20% down payment, 50% during construction, and 30% on handover. Starting prices begin at AED 1,140,000.

CCTV Security
Gymnasium
Restaurants
Shared Pool
Barbecue Area
Shared Spa
Children's Play Area
Leisure Lagoons
Sandy Beach Areas
Waterfront Access
Mediterranean Design

Project facts

Ownership
Freehold
Government fee
4%
Property types
Apartment
Buildings
1
Expected completion
1 Dec 2027

Project timeline

  1. Booking started
    23 Apr 2024 · completed
  2. Construction Started
    24 Apr 2024 · completed
  3. Expected Completion
    1 Dec 2027

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

When will Damac Lagoons Views Phase 3 be completed?
The project is scheduled for completion in December 2027.
Who is developing Damac Lagoons Views Phase 3?
Damac Lagoons Views Phase 3 is developed by Damac Properties, a real estate developer active in the UAE residential and commercial sectors.
Is Damac Lagoons Views Phase 3 a good investment?
The development offers waterfront living near Dubai Marina and Mall of the Emirates, with a 2027 completion date providing a multi-year construction period. The combination of lagoon-facing apartments, Mediterranean design, and connectivity to major areas may support future value appreciation, though all property investments carry market risk.
What is the starting price for Damac Lagoons Views Phase 3?
Starting prices begin at AED 1,140,000.
What is the payment plan for Damac Lagoons Views Phase 3?
The payment structure is 20% down payment at launch, 50% during construction, and 30% on handover.