
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.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| DAMAC «Mykonos Lagoons» launch basis | 3,056 | AED 2.75M | Current launch / asking basis |
| Damac Lagoons ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Damac Lagoons premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |









DAMAC «Mykonos Lagoons» official render 1

DAMAC «Mykonos Lagoons» official render 2

DAMAC «Mykonos Lagoons» official render 3

DAMAC «Mykonos Lagoons» official render 4

DAMAC «Mykonos Lagoons» official render 5

DAMAC «Mykonos Lagoons» official render 6

DAMAC «Mykonos Lagoons» official render 7

DAMAC «Mykonos Lagoons» official render 8

DAMAC «Mykonos Lagoons» official render 9
Astraterra Properties
Download official marketing materials from Damac Properties.
Contact us for detailed payment schedule and milestones
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Damac Lagoons
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
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
Register Your Interest