DAMAC «Mykonos Lagoons»
Project Overview
Mykonos Lagoons - a luxury collection of 4-5 bedroom townhouses, part of the Damac Lagoons project by developer Damac Properties. The design of the complex is inspired by the aesthetics of the Mediterranean resort, with each residence resembling homes from the Greek island of Mykonos. The interiors of the residences feature high quality materials and thoughtful layouts with spacious and cozy rooms. Residents can find a large number of amenities within walking distance of the townhouses. Nearby there are sandy beaches, swimming pools, water attractions, a cinema on the water, various cafes, restaurants, kindergartens, schools and shopping and entertainment centers. Entertainment, educational and medical facilities are also located in the neighboring areas. Due to its close proximity to Dubai's key highways, residents have quick access to key points in the city. Dubai Marina, Palm Jumeirah and Dubai International Airport are all within a 20-minute drive. Mykonos Lagoons is geared towards couples with children, but is also suitable for those looking for a serene and comfortable life in relative proximity to the epicenter of the city's hustle and bustle.
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.
Pricing and Area Research
Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.
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Gallery
Astraterra Properties
Official Documents
Download official marketing materials from Damac Properties.
Payment Structure
Published payment summary
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Amenities & Lifestyle
Location
Damac Lagoons
Nearby Destinations
Developer and Project Facts
DAMAC «Mykonos Lagoons» by Damac Properties
Located in Damac Lagoons
Starting from AED 2,750,000
Unit mix includes 4 BR, Townhouse
Expected handover: Dec 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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