Santorini
Project Overview
Santorini is a residential development located in the DAMAC Lagoons family neighbourhood. The developer of the project is DAMAC Properties. The development consists of 3-5 bedroom townhouses and 6 bedroom villas. The 3 and 4-bedroom townhouses have 2 floors, while the 5-bedroom residences consist of 3 floors and have access to a spacious balcony, laundry room, storage room, maid's room and a playroom or additional bedroom. The interiors feature large living spaces and the flats are decorated in beige and white tones with blue accents. The complex has smart home systems, 24-hour security, centralised cooling systems, parking and reception. Santorini offers a wide range of facilities including: wellness centre, spa, solarium, jacuzzi, hammam and sauna, restaurants and bars, outdoor cinema, contact zoo, tennis court, skatepark, gym, football pitch, children's playground, laundry service. From the complex it takes approximately 33 minutes to Dubai Mall, 27 minutes to Jumeirah Palm, 28 minutes to Burj Al Arab and 30 minutes to The Walk JBR. Dubai International Airport is approximately 37 minutes‘ drive away and Al Maktoum International Airport is approximately 25 minutes’ drive away.
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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Gallery
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
Santorini by Damac Properties
Located in Damac Lagoons
Starting from AED 2,950,000
Unit mix includes 4 BR, 5 BR, Villa, Townhouse
Expected handover: Dec 2024
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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