DAMAC Lagoons District Valencia

By DAMAC Properties in DAMAC Lagoons, Dubai

Price from: AED 1,567,000; about £321K or $427K
Payment plan: 5/45/50; 50% before handover
Handover: Q1 2029
Status: Off-plan

Rendering of the DAMAC Lagoons District apartment buildings beside a landscaped road

Rendering of an apartment building above a pool deck at dusk

Interior rendering of a bedroom with a desk and floor-to-ceiling windows

Rendering of a shaded promenade with kiosks between the buildings in the evening

Rendering of floating pods on the water beside a boardwalk at night

Interior rendering of the fitness centre

Rendering of an outdoor spa treatment area with apartment buildings behind

Interior rendering of the mall atrium with escalators

Payment plan

5/45/50

50% due before handover

Booking depositOn booking5%AED 78,350
During construction25 instalments from month 1 to month 26 after purchase45%AED 705,150
On completionQ1 202950%AED 783,500
Paid before handoverAED 783,500

DAMAC plan PP-648153 (November 2026), published for 1-bedroom apartments. DAMAC's schedule shows 9% due immediately; the instalments total 104% of the price, so this includes the 4% DLD registration fee.

Amounts are worked on a 1-bedroom apartment at its starting price of AED 1,567,000.

Model your own price How payment plans work

For 1-bedroom apartments

Homes and prices

DAMAC Lagoons District Valencia offers 1-bedroom apartments. Open a home type for its payment schedule, buying costs and the nearest alternatives.

1-bedroom apartmentsLimitedFrom AED 1.57M970 to 1,418 sq ft, AED 1,615 per sq ft, Three units listed on DAMAC's site on 13 November 2026.

Starting prices are the published figures from the sources listed on this page, checked 13 November 2026. Sterling figures are indicative conversions. Ask for today's availability before relying on any figure.

Apartments
1 bed
970 to 1,418 sq ft
Freehold

Developer: DAMAC Properties
Location: DAMAC Lagoons District, DAMAC Lagoons, Dubai
Buildings: 1

Overview

Apartments in DAMAC Lagoons District, a mixed-use quarter of homes, offices and a mall inside DAMAC Lagoons. One-bedroom apartments listed from AED 1,567,000 in November 2026, with handover due in Q1 2029.

DAMAC Lagoons District is the mixed-use quarter that DAMAC is building inside DAMAC Lagoons, its lagoon-themed community off Hessa Street beside DAMAC Hills. DAMAC plans it as a walkable district where apartments sit alongside offices, shops and a full-scale mall, with two named parts, Valencia and Piazza Roma. This page covers the Valencia residences, which DAMAC is selling now. Property Finder lists Valencia as a single building, with construction recorded as starting in March 2026.

On 13 November 2026 DAMAC's website listed three one-bedroom apartments, from 970 to 1,418 sq ft and priced from AED 1,567,000 to AED 1,743,000. These are the units on offer in November 2026, not the full range in the building. DAMAC's FAQ says the district also has studios and two-bedroom apartments, but none was offered online that day. Property Finder quotes studios from AED 725,000 and two-bedroom apartments from AED 1.8 million, which we treat as launch figures rather than current stock.

The project page headlines a 60/40 plan. The schedule DAMAC publishes for the one-bedroom units (plan PP-648153, November 2026) asks for 9% immediately, then 25 monthly instalments totalling 45% between month 1 and month 26 after purchase, and 50% on completion. The figures add up to 104% because the immediate payment includes the 4% DLD registration fee, so the developer's own split is 5% on booking, 45% during construction and 50% on completion. Property Finder shows a 5/55/40 plan instead, so ask which schedule applies to the unit you choose.

Timing is broadly consistent. DAMAC's unit cards and Property Finder both give the first quarter of 2029, while the project page banner says the third quarter of 2029. We use the unit-card date and would confirm it in the sale and purchase agreement.

Who it suits: buyers who want a one-bedroom apartment in a community that is filling up with residents, with a mall, spa and fitness centre planned inside the district itself. What to weigh: the district is new and mostly unbuilt, half the price falls due at handover, and a scheme that mixes homes with offices and retail may carry a more involved service charge. DAMAC's FAQ puts Jebel Ali School about 5 minutes away by car, Mall of the Emirates about 25 minutes and Dubai International Airport about 35 minutes.

Buying costs

Government fees are paid on top of the purchase price. This is the position for the entry-level home; costs scale with price. In Dubai the registration authority is the DLD.

Purchase priceEntry 1-bedroom apartment at DAMAC Lagoons District ValenciaAED 1,567,000

DLD transfer fee (4%)Paid to the Dubai Land Department on registration. The department lists it as 2% from each party, but contracts almost always pass the full 4% to the buyer, so a developer's '50% DLD waiver' means the developer is paying its own listed half. Off-plan, it is paid when the sale is registered in the Oqood system.AED 62,680

Oqood registration admin feeOqood portal fee of AED 1,000 plus knowledge and innovation fees, for registering the off-plan sale contract.AED 1,020

Estimated total to completeAED 1,630,700about £334K

Developers may add their own administration charge on off-plan sales. It is set by the developer, not the land department, so it is not included in this estimate: ask for it in writing before you reserve. Adjust the assumptions in the buying cost calculator.

Golden Visa. Homes here are priced below the AED 2 million threshold for the 10-year visa, though properties can be combined to reach it. Check eligibility

Location

Inside DAMAC Lagoons, off Hessa Street in Dubailand and next to DAMAC Hills. Drive times are DAMAC's approximate figures.

Jebel Ali School: 5 min
Aster Medical Centre: 9 min
First Avenue Mall, Motor City: 11 min
Fairgreen International School: 11 min
Mediclinic Parkview Hospital: 12 min
City Centre Me'aisem: 14 min
NMC Royal Hospital: 19 min
Mall of the Emirates: 25 min
Al Maktoum International Airport: 28 min
Dubai International Airport: 35 min

Approximate drive times in normal traffic.

About DAMAC Lagoons

Partly delivered: several townhouse clusters are listed as ready, so the lagoons and build quality can be seen
More than 45 million sq ft master plan next to the established DAMAC Hills
Apartments from under AED 1 million alongside three- to five-bedroom townhouses
Lagoon beaches, water sports and a clubhouse among the community amenities listed by Bayut

DAMAC Lagoons area guide

Amenities

Pool bar
Floating pods
Fitness centre
Spa
Lounge
DAMAC Mall
Outdoor theatre
Cooling mist corridors

Developer: DAMAC Properties

Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers.

Founded: 2002
Headquarters: Dubai, UAE
Ownership: Privately held by founder Hussain Sajwani. Listed on the Dubai Financial Market from 2015 and delisted in 2022 after he bought out the minority shareholders.

DAMAC Properties profile and track record

Adviser's view

What works

Part of DAMAC Lagoons, where DAMAC expects to hand over about 6,300 homes in 2026, so the surrounding community is filling up.
A mall, spa, fitness centre and outdoor theatre are planned inside the district itself.
Only 5% plus the DLD fee is due on booking, with the construction share spread over 25 monthly instalments.
DAMAC's unit cards and Property Finder agree on a first-quarter 2029 handover.

What to weigh

Only three one-bedroom units were listed online in November 2026, and no studios or two-bedroom apartments.
Half the price is due on completion, so plan finance for early 2029.
The project banner gives the third quarter of 2029, later than the unit cards; confirm the contractual date.
A district that mixes homes, offices and retail may carry a more complex service charge; ask for the budget before you commit.
Many similar apartments and townhouses are completing at DAMAC Lagoons over the same period, which can weigh on rents for a time.

Questions buyers ask

What is the starting price at DAMAC Lagoons District Valencia?

On 13 November 2026 DAMAC listed three one-bedroom apartments from AED 1,567,000 to AED 1,743,000, for 970 to 1,418 sq ft. No studios or two-bedroom apartments were listed online that day.

When is DAMAC Lagoons District Valencia due for handover?

DAMAC's unit cards and Property Finder give the first quarter of 2029. The project page banner says the third quarter of 2029, so confirm the contractual date in the sale and purchase agreement.

What is the payment plan?

DAMAC's plan PP-648153 (November 2026) for one-bedroom apartments asks for 9% immediately, including the 4% DLD registration fee, then 45% in 25 monthly instalments up to month 26 after purchase and 50% on completion.

What else is in DAMAC Lagoons District?

DAMAC describes it as a mixed-use district with apartments, offices, retail and leisure, including a full-scale mall, a spa, a fitness centre and an outdoor theatre.

Who is the developer of DAMAC Lagoons District Valencia?

DAMAC Lagoons District Valencia is being developed by DAMAC Properties. About DAMAC Properties: Dubai's largest private developer, known for the DAMAC Hills and DAMAC Lagoons villa communities and for fashion- and sport-branded towers.

Can foreigners buy at DAMAC Lagoons District Valencia?

Yes. DAMAC Lagoons is a designated area where buyers of any nationality can own freehold property, whether or not they live in the UAE. The purchase is registered with the DLD.

Does buying at DAMAC Lagoons District Valencia qualify for a Golden Visa?

Not on its own at current prices: the 10-year Golden Visa needs property worth AED 2 million or more, and homes here start from AED 1.57M. Two or more properties can be combined to reach the threshold. See our Golden Visa guide.

What fees are payable on top of the price at DAMAC Lagoons District Valencia?

The main cost is the DLD transfer fee (4%). On the entry price of AED 1,567,000 that comes to about AED 62,680, plus small administration charges. There is no stamp duty, no annual property tax and no tax on rental income for individuals in the UAE, though your home country may tax you. Our buying cost calculator itemises it.

Sources and verification

Facts on this page were last checked on 13 November 2026. Prices, availability and payment plans are set by the developer and can change without notice; treat them as a guide until you have a current offer in writing.

Start your enquiry

Starting prices are the published figures from this page's sources, checked 13 November 2026.

Choose a home type

1-bedroom apartments

5/45/50 plan

Due on booking: AED 78,350
Paid before handover: AED 783,500 (50%)
Registration fees, estimate: AED 63,700
Total to complete: AED 1,630,700

Fees are the published registration charges. Developers usually collect them at or soon after booking and can add their own administration charge. Every stage