Lago Vista
✓ Resale Available

Lago Vista

From AED 550,000·Completed Apr 2011·Accepted payment methods: credit_debit_card, bank_transfe... Payment
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AED 550,000
Starting Price
Apr 2011
Handover
Accepted payment methods: credit_debit_card, bank_transfe...
Payment Plan
Studio · Apartments
Type

Project Overview

Lago Vista is a residential complex by Damac Properties, consisting of three towers featuring a ground level and twenty-four residential floors. Each tower stands out with distinctive architecture and contemporary design. Located in the heart of Dubai Production City, the project offers a wide selection of layouts – from functional studios to spacious one- and two-bedroom apartments. The podium level of the complex provides residents with a variety of amenities designed for an active and comfortable lifestyle. These include tennis courts, a swimming pool, a fitness center, a games room, a retail area, as well as restaurants and cafés. A landscaped garden adds a touch of tranquility, creating a pleasant atmosphere for walking and relaxation. One of the main advantages of Lago Vista is its convenient location. Dubai Media City is just 15 minutes away, Mall of the Emirates and Business Bay can be reached in 20 minutes, while Dubai Marina and Palm Jumeirah are only 15–20 minutes by car. Dubai International Airport is about 27 minutes away, ensuring easy access both within the city and beyond, while maintaining comfort and convenience. Lago Vista offers a sense of ease and comfort, combining elegant architecture, thoughtful layouts, and a rich array of amenities. It is an ideal choice for those who value style, convenience, and a modern urban lifestyle.

Project Specifications
DeveloperDamac Properties
LocationDubai Production City
Unit TypesStudio, Apartments
AreaDubai Production City
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 23,733 / year
Cash-on-Cash
1.8%
Levered cashflow AED 5,583
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 35,750 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Lago Vista launch basis611AED 550,000Current launch / asking basis
Dubai Production City ready-stock comps1,500AED 1.35MIndicative resale benchmark
Dubai Production City premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Lago Vista — View 2
Lago Vista — View 3
Lago Vista official render 1

Lago Vista official render 1

Lago Vista official render 2

Lago Vista official render 2

Lago Vista official render 3

Lago Vista official render 3

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

Accepted payment methods: credit_debit_card, bank_transfe...

Flexible Payment

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Amenities & Lifestyle

Kids Play Area
Retail outlets
Shared Pool
Shared gym & fitness
Tennis court

Location

Dubai Production City

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Dubai Production CityDubai Production CityDubai, UAE

Developer Track Record

01

Lago Vista by Damac Properties

02

Located in Dubai Production City

03

Starting from AED 550,000

04

Unit mix includes Studio, Apartments

05

Expected handover: Apr 2011

06

Official render/gallery images available

Available for Resale

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

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

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