Velencia at Damac Lagoons is a waterfront residential development by Damac Properties, drawing design inspiration from Spain's Mediterranean coastal towns. The project features studio, 1-bedroom, and 2-bedroom apartments with spacious layouts, quality finishes, and views overlooking lagoons and green landscapes.
The development's architecture reflects Mediterranean simplicity, with open interiors and access to natural light. Units are planned with efficient floor plans suited to singles, couples, and families. The community is built around a crystal-clear lagoon with sandy beaches, creating a resort-style environment within Dubai.
Positioned within the Damac Lagoons master plan, Velencia offers access to major highways and Dubai's core destinations. Dubai Marina is 20 minutes away, and Downtown Dubai and Burj Khalifa are reachable in 25 minutes. Nearby facilities include Jebel Ali School (5 minutes) and Dubai Polo & Equestrian Club (10 minutes).
Starting from AED 725,000, the project is freehold and scheduled for completion in March 2029. The payment structure includes a 5% down payment, 55% during construction, and 40% on handover. The waterfront setting, variety of unit types, and Dubai connectivity support rental and resale potential.
~25% — estimated from construction phase.