
Valencia is a residential project by Damac within the resort-style community of Damac Lagoons. The development is designed as a residential ensemble of four towers, each comprising thirteen residential floors, unified by a shared ground floor and a two-level podium. The architectural concept of Valencia is defined by smooth lines and flowing, wave-inspired forms. Cascading balconies and abundant greenery give the buildings a distinctive resort character and create a dynamic silhouette. The project offers studios, as well as one- and two-bedroom apartments. Interiors are designed in a calm, contemporary style with a warm, neutral color palette. The complex features dedicated spaces for work, along with culinary, entertainment, and wellness facilities. The project’s location provides convenient access to key destinations in Dubai. Global Village and the Expo 2020 venue are 20 minutes away, Mall of the Emirates can be reached in 25 minutes. Downtown Dubai and Dubai Investment Park are 30 minutes away. Palm Jumeirah and Al Maktoum International Airport are located within 28 minutes, while Dubai Airport is 35 minutes away.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Valencia launch basis | 849 | AED 764,000 | Current launch / asking basis |
| Damac Lagoons ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Damac Lagoons premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |

























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Damac Lagoons
Valencia by Damac Properties
Located in Damac Lagoons
Starting from AED 764,000
Unit mix includes Studio, 1 BR, 2 BR, Apartments
Expected handover: Mar 2029
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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