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Damac Properties · Damac Lagoons

Valencia

Handover Q1 2028Plan 5/55/40
Starting price
AED 612K
From Studio
Price / sqft
—
size not yet published
Rental yield
7%
gross p.a., Dubai avg
Capital appreciation
+7%
to handover (1.8y)
Popularity
73/100
demand index

About this project

Valencia is a contemporary residential development within Damac Lagoons, offering studios and 2-bedroom apartments starting from AED 612,000. The project is scheduled for completion in Q1 2029 and features semi-furnished units with modern kitchens, integrated appliances, and practical floor plans designed to maximise natural light and space.

Location and Connectivity

Situated in the master-planned Damac Lagoons neighbourhood, Valencia sits alongside landscaped lagoons and pedestrian pathways. The community connects to Sheikh Mohammed bin Zayed Road, providing access to Downtown Dubai, Dubai Marina, and Business Bay. Global Village, IMG Worlds of Adventure, and Mall of the Emirates are reachable within 20–25 minutes by car. International schools, medical centres, and retail outlets are available nearby.

Design and Interiors

Apartments feature open-plan layouts with large windows and balconies, built-in storage, premium kitchen fittings, and climate control systems. Bathrooms include modern fixtures, and all units come semi-furnished with contemporary finishes.

Amenities and Facilities

Residents have access to a swimming pool, fitness centre, yoga area, jogging and cycling tracks, children's play areas, senior citizen zones, and landscaped gardens. On-site restaurants and cafés support daily convenience, while 24/7 CCTV surveillance and professional maintenance services ensure security and upkeep.

Investment Profile

Valencia is a freehold development. The payment plan includes 5% down payment, 55% during construction in 2 instalments, and 40% on handover. Pricing starts at AED 612,000 for studios (328–413 sqft), AED 1.2 million for 1-bedroom units (701–1,418 sqft), and AED 1.7 million for 2-bedroom apartments (1,156–1,302 sqft).

CCTV Security
Indoor Swimming Pool
Landscaped Gardens
Yoga room
Gymnasium
Restaurants
Children's Play Area
Fitness Centre
Jogging Tracks
Cycling Tracks
Senior Citizen Zones
Community Gardens
On-Site Cafés
Open-Plan Interiors
Balconies
Built-In Storage

Valencia completion date and handover

Valencia by Damac Properties in Damac Lagoons, Dubai is scheduled for handover in Q1 2028 (January–March 2028). Construction is estimated at ~25% based on the developer's reported phase.

Valencia payment plan

The headline payment plan for Valencia is 5/55/40. See the full breakdown of booking, construction and post-handover instalments in the Financials tab.

  • Standard — Down Payment: 5% • During Construction: 55% • Handover: 40%

Valencia floor plans and unit types

Valencia offers 3 unit types:

Studio
from AED 612K
1BR
from AED 612K
2BR
from AED 1.75M

Valencia rental yield and price per square foot

Estimated gross rental yield: 7% p.a., benchmarked against current Damac Lagoons rental data.

Project facts

Government fee
4%
Property types
Apartment
Buildings
1
Expected completion
28 Feb 2028

Project timeline

  1. Booking Started
    5 Nov 2024 · completed
  2. Construction Started
    6 Nov 2024 · completed
  3. Expected Completion
    28 Feb 2028

Construction progressestimate

ExcavationStructureFaçadeMEPHandover

~25% — estimated from construction phase.

Frequently asked questions

Where is Valencia located?
Valencia is located in Damac Lagoons, a master-planned community in Dubai with landscaped lagoons, pedestrian pathways, and access to Sheikh Mohammed bin Zayed Road.
Is Valencia freehold or leasehold?
Valencia is a freehold development, giving buyers full ownership of the property and land.
What is the starting price for apartments at Valencia?
Apartments at Valencia start from AED 612,000.
Who is developing Valencia?
Valencia is developed by Damac Properties.
What is the payment plan for Valencia?
The payment plan requires 5% down payment at launch, 55% during construction in 2 instalments, and 40% on handover.
Is Valencia a good investment?
Valencia offers freehold ownership, starting prices from AED 612,000, and amenities including a swimming pool, gym, yoga area, jogging tracks, children's play area, senior citizen zones, restaurants, and 24/7 CCTV security. Its location in Damac Lagoons provides connectivity to key Dubai districts, supporting both owner-occupier and rental demand.
When will Valencia be completed?
Valencia is scheduled for completion in Q1 2029.
What apartment types are available at Valencia?
Valencia offers studios (328–413 sqft, from AED 612,000), 1-bedroom apartments (701–1,418 sqft, from AED 1.2 million), and 2-bedroom apartments (1,156–1,302 sqft, from AED 1.7 million). All units are semi-furnished with modern kitchens and integrated appliances.