--- title: "DAMAC Lagoons District Valencia by DAMAC Properties" canonical: https://www.uaepropertyagents.com/dubai/damac-lagoons/damac-lagoons-district-valencia markdown: https://www.uaepropertyagents.com/md/dubai/damac-lagoons/damac-lagoons-district-valencia.md type: development description: "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." last_verified: 2026-11-13 sources: 5 publisher: "UAE Property Agents (Omnia)" language: en-GB usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting." --- # DAMAC Lagoons District Valencia by DAMAC Properties > 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. Facts last verified 13 November 2026 against the sources listed at the end. ## Key facts | Fact | Value | | --- | --- | | Developer | [DAMAC Properties](https://www.uaepropertyagents.com/developers/damac) | | Location | [DAMAC Lagoons](https://www.uaepropertyagents.com/dubai/damac-lagoons) (DAMAC Lagoons District), Dubai | | Status | launched | | Developer's handover target | Q1 2029 | | Tenure | freehold | | Price | From AED 1,567,000 to AED 1,743,000 (published figure, 13 November 2026) | | Average price per sq ft | AED 1,615 | | Home types | 1-bedroom apartments | | Buildings | 1 | | Golden Visa value test | All published prices are below AED 2,000,000 | ## Overview DAMAC Lagoons District is the mixed-use quarter that [DAMAC](https://www.uaepropertyagents.com/developers/damac) is building inside [DAMAC Lagoons](https://www.uaepropertyagents.com/dubai/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. ## Unit types and prices | Unit type | Price from | Price to | Size | Bathrooms | Availability | | --- | --- | --- | --- | --- | --- | | 1-bedroom apartments | AED 1,567,000 | AED 1,743,000 | 970 to 1,418 sq ft | | limited | Prices are published starting prices from the developer or Property Finder, as each type's note says, checked 13 November 2026. ## Payment plans ### 5/45/50 - Booking deposit: 5% (On booking) - During construction: 45% (25 instalments from month 1 to month 26 after purchase) - On completion: 50% (Q1 2029) Paid before handover: 50%. 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. ## 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. ## Location Inside DAMAC Lagoons, off Hessa Street in Dubailand and next to DAMAC Hills. Drive times are DAMAC's approximate figures. - Jebel Ali School: about 5 minutes - Aster Medical Centre: about 9 minutes - First Avenue Mall, Motor City: about 11 minutes - Fairgreen International School: about 11 minutes - Mediclinic Parkview Hospital: about 12 minutes - City Centre Me'aisem: about 14 minutes - NMC Royal Hospital: about 19 minutes - Mall of the Emirates: about 25 minutes - Al Maktoum International Airport: about 28 minutes - Dubai International Airport: about 35 minutes ## Amenities - Pool bar - Floating pods - Fitness centre - Spa - Lounge - DAMAC Mall - Outdoor theatre - Cooling mist corridors ## Questions and answers ### 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](https://www.uaepropertyagents.com/developers/damac). 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](https://www.uaepropertyagents.com/guides/uae-golden-visa-property). ### 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](https://www.uaepropertyagents.com/tools/purchase-cost-calculator) itemises it. ## Sources Facts on this page were last checked against these sources on 13 November 2026. - [DAMAC Properties: DAMAC Lagoons District, Valencia](https://www.damacproperties.com/en/communities/damac-lagoons/projects/damac-lagoons-district-valencia/) - [DAMAC Properties: DAMAC Lagoons District, Valencia 1-bedroom apartments](https://www.damacproperties.com/en/communities/damac-lagoons/projects/damac-lagoons-district-valencia/properties/1-apartment/) - [DAMAC Properties: projects with available inventory](https://www.damacproperties.com/en/search/?type=project&onlyAvailable=true) - [Property Finder: Velencia, DAMAC Lagoons](https://www.propertyfinder.ae/en/new-projects/damac-properties/velencia) - [Khaleej Times: Damac crosses 50,000 home handovers, targets 8,800 more in 2026 (1 September 2026)](https://www.khaleejtimes.com/business/dubai-developer-damac-crosses-50000-home-handovers-targets-8800-more-in-2026) --- Source page: https://www.uaepropertyagents.com/dubai/damac-lagoons/damac-lagoons-district-valencia. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.