Project Overview
Lagoons Portofino is a stunning residential development by developer Damac, located in the Damac Lagoons neighborhood. This project is inspired by the atmosphere of the Italian Riviera and offers upscale housing surrounded by picturesque canals and inviting lagoons. Lagoons Portofino includes 3-5 bedroom townhouses and exclusive 7-bedroom villas. The architecture combines elements of Mediterranean style and modern solutions. The houses are equipped with quality finishing materials and technical innovations that ensure comfort and safety. Lagoons Portofino offers its residents an extensive infrastructure and a variety of amenities, including beaches and lagoons with clear water, outdoor and indoor swimming pools, fitness centers, spas, restaurants and cafes with water views, pedestrian and bicycle paths ideal for strolling through the picturesque surroundings, playgrounds and areas for family recreation, markets and stores for the convenience of local residents. The project is in close proximity to popular neighborhoods and major shopping centers. Convenient transportation links including roads and metro are available for residents, making it easy and quick to move around Dubai. The drive to Dubai Mall takes approximately 32 minutes, Palm Jumeirah 26 minutes, Burj Al Arab 28 minutes and The Walk JBR 31 minutes.
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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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
Lagoons Portofino by Damac Properties
Located in Damac Lagoons
Starting from AED 10,999,990
Unit mix includes 7 BR, Villa
Expected handover: Aug 2025
Official brochure and PDF marketing materials available
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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