Lago Vista — project image
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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
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 23,732 / year
Cash-on-Cash
2.2%
Levered cashflow AED 5,582
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 253,000 / annual levered cash flow. Excludes time before letting.

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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Official Documents

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Payment Structure

Accepted payment methods: credit_debit_card, bank_transfe...

Published payment summary

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Amenities & Lifestyle

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

Location

Lago Vista location map
Project location

Nearby Destinations

Dubai Production City

Developer and Project Facts

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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Property Enquiries

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

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