Lagoons Views Phase 2
Off-Plan

Lagoons Views Phase 2

From AED 2.50M·Handover Jun 2027·15% down payment Payment
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AED 2.50M
Starting Price
Jun 2027
Handover
15% down payment
Payment Plan
2 BR · Apartments
Type

Project Overview

Lagoons Views 2 is the second phase of the Lagoons Views project by Damac Properties. The complex includes two clusters — eleven and twelve — each consisting of four buildings with a ground level and seven floors above. The development offers a modern lifestyle inspired by the Mediterranean, with scenic landscapes and turquoise lagoon waters creating a peaceful waterfront atmosphere. The buildings feature contemporary architecture with Southern European elements. Interiors of the one- and two-bedroom apartments are styled in light tones, offering a cozy and comfortable living space. Layouts are well planned to ensure functionality and openness. Amenities include a swimming pool with sun loungers and a water bar, gyms including an aqua gym, an open-air stage, event space, outdoor yoga and spa areas, and green relaxation zones. A beachfront restaurant is within walking distance. The project is located along Hessa Street, opposite the Damac Hills community. Its location provides quick access to Mohammed Bin Zayed Road, Emirates Road, and Al Khail Road. Within 10 to 15 minutes are Dubai Polo & Equestrian Club, Dubai Autodrome, Miracle Garden, Butterfly Garden, Global Village, and IMG World. Mall of the Emirates is about 25 minutes away, and Al Maktoum International Airport is around 30 minutes away.

Project Specifications
DeveloperDamac Properties
LocationDamac Lagoons
Unit Types2 BR, Apartments
AreaDamac Lagoons
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 107,702 / year
Cash-on-Cash
2.2%
Levered cashflow AED 25,334
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 162,240 / 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
Lagoons Views Phase 2 launch basis2,773AED 2.50MCurrent launch / asking basis
Damac Lagoons ready-stock comps1,500AED 1.35MIndicative resale benchmark
Damac Lagoons premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

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Lagoons Views Phase 2 official render 1

Lagoons Views Phase 2 official render 1

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Lagoons Views Phase 2 official render 9

Lagoons Views Phase 2 official render 10

Lagoons Views Phase 2 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Damac Properties.

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Payment Structure

15% down payment

Flexible Payment

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Amenities & Lifestyle

Landscaped garden
Leisure areas
Recreational areas
SPA
Shared Pool

Location

Damac Lagoons

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Damac LagoonsDamac LagoonsDubai, UAE

Developer Track Record

01

Lagoons Views Phase 2 by Damac Properties

02

Located in Damac Lagoons

03

Starting from AED 2,496,000

04

Unit mix includes 2 BR, Apartments

05

Expected handover: Jun 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Get Qualified for Lagoons Views Phase 2

Limited units available · Direct developer pricing · Serious buyer routing

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