DAMAC Lagoons Nice — project image
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DAMAC Lagoons Nice

From AED 7.50M·Completed May 2025·Accepted payment methods: bank_check, credit_debit_card,... Payment
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AED 7.50M
Starting Price
May 2025
Handover
Accepted payment methods: bank_check, credit_debit_card,...
Payment Plan
6 BR · Villa
Type

Project Overview

DAMAC Lagoons Nice is a luxury residential complex in DAMAC Lagoons, Dubai. The developer of the residential project is one of Dubai's most renowned development companies, DAMAC Properties. The DAMAC Lagoons Nice community offers spacious 4 and 5 bedroom townhouses and 6 bedroom villas, each home has its own car park and is surrounded by lush greenery. The 4-bedroom townhouses have a basement and first floor. The 5-bedroom townhouses and 6-bedroom villas have 3 floors consisting of ground floor, first floor and roof level and the villas also have a swimming pool and front lounge area. The DAMAC Lagoons Nice cluster is home to the DAMAC Lagoons Youth Centre, which features bike paths and skate park, swimming pools and beach area, floating cinema, retail shops, water-integrated amphitheatre, F&B establishments, island clubhouse and many other amenities. From the complex, it takes approximately 34 minutes to Dubai Mall, 28 minutes to Palm Jumeirah, 29 minutes to Burj Al Arab and 31 minutes to Walk JBR. Dubai International Airport (DXB) is approximately 38 minutes‘ drive away and the new Al Maktoum International Airport is approximately 25 minutes’ drive away.

Project Specifications
DeveloperDamac Properties
LocationDamac Lagoons
Unit Types6 BR, Villa
AreaDamac Lagoons
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 323,625 / year
Cash-on-Cash
2.2%
Levered cashflow AED 76,125
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 3.45M / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Accepted payment methods: bank_check, credit_debit_card,...

Published payment summary

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Amenities & Lifestyle

BBQ
Children’s pool
Covered Parking
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Landscaped garden
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness
Sports ground
Walking paths

Location

Damac Lagoons

Nearby Destinations

Damac Lagoons

Developer and Project Facts

01

DAMAC Lagoons Nice by Damac Properties

02

Located in Damac Lagoons

03

Starting from AED 7,499,999

04

Unit mix includes 6 BR, Villa

05

Expected handover: May 2025

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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RERA Registered
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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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