DAMAC Lagoons is a new area of townhouses and villas. The construction began in late 2021. It occupies over 4 sq. km of the Dubai Golf City area, located south of Sheikh Zayed bin Hamdan Al Nahyan Road, next to the Remraam and Damac Hills communities. The general developer is the private company DAMAC Properties, which has already completed dozens of projects throughout Dubai.
The Damac Lagoons area is conceived as a self-sufficient low-rise community. It offers affordable housing for families. This is the best choice for people who want to escape from the noisy tourist districts and the hustle and bustle of business centers. It will have everything you need for active recreation, relaxation, health improvement, education, development, and even work. It should be noticed that social infrastructure will be combined with elements of a luxury resort.
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The architecture of the community will be designed in a Mediterranean style. It is planned to create an atmosphere of tropical islands in public spaces. Throughout the area, there will be created artificial lagoons, surrounded by green areas and houses. It will bring the feeling of micro-communities. Each group will receive the name of a famous seaside city or region, such as Santorini, Venice, or Malta, with their own design of villas and townhouses. 6,000 houses have been announced in 11 micro-communities.
Nine phases have been launched at DAMAC Lagoons at the end of 2022: Costa Brava, Ibiza, Malta, Marbella, Monte Carlo, Nice, Portofino, Santorini, and Venice.
Despite the fact that Damac Lagoons is located deep in the mainland of Dubai, the developed road network in the area allows you to get to various urban locations quite quickly. The eastern part of the community is adjacent to Hessa Street, which leads directly to the coast of Sheikh Zayed Road, making Palm Jumeirah and Dubai Marina a 25-minute drive.
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A trip to Dubai International Airport along Sheikh Zayed bin Hamdan Al Nahyan Road will take about half an hour, bypassing city traffic jams and toll roads. If you want to get to Downtown Dubai or Burj Al Arab it will take the same time. Al Maktoum International Airport and the Mall of the Emirates are approximately 20 minutes away.
The plan of the district provides for the construction of its own school, police station, medical facility, and shopping center. There are many convenient amenities located in the nearby Damac Hills community, including preschools, a school, a clinic, and supermarkets. Additionally, there are kindergartens, schools, and medical centers available in the surrounding communities of Remraam and Mudon, all of which can be reached within a short 10-minute drive.
Numerous water features will become the central element of Damac Lagoons’ entertainment infrastructure: an artificial waterfall, a water cinema, water slides, children’s aqua zones, a wave pool, a floating amphitheater, and a high-speed zip line across the lagoon. Residents will be able to swim in crystal clear lakes and sunbathe on the sandy beach, go boating, water climbing, snorkeling, and stand-up paddleboarding.
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Also in various parts of the community, there will be picnic and yoga glades, children’s playgrounds and development areas, a labyrinth, an augmented reality park, a tent city, a skate park, a BMX motocross arena, sports fields, open-air exhibitions, and bike paths. The community will have its own club for various events, an open music pavilion, and a spa area. Restaurants and cafes will be located along the lagoons.
Despite the remoteness of Damac Lagoons from popular tourist locations and business hubs, the area can be considered a good investment object due to good transport accessibility, a large selection of housing for small and large families, and an excellent combination of social and resort infrastructure.
The demand for housing in self-sustaining suburban communities has been growing steadily, especially due to the growing number of remote and hybrid jobs. And the promotion of a healthy lifestyle leads to the demand for a community with a focus on wellness and environmental cleanliness.
In addition, a large number of entertainments in Damac Lagoons makes the area an interesting destination not only for living but also for recreation, which opens up opportunities for long-term and short-term rental of real estate.
The investment attractiveness of Damac Lagoons is confirmed by the high ROI of the neighboring Damac Hills community, built in the same way, but with a different esthetics. Due to the further development of the Dubai Golf City area, the rate of return here is 7%, and real estate prices will only rise.
