Damac Lagoons

Yield on 5BR villas: 6.5–8%. 6BR villas and mansions: 5.5–6.5%.

5BR villa: below AED 3M. 6BR villa: AED 3–5 million. Mansions: AED 5–10 million.

It's a themed villa community built around 10 man-made lagoons, with Mediterranean-inspired sub-communities like Portofino, Santorini, Nice, Venice and Mykonos. Each has internal white-sand beaches, themed restaurants and its own lagoon. Crucially, pricing sits 30-40% below comparable villas in Arabian Ranches or Dubai Hills — a 5BR villa starts below AED 3M.

It fits families seeking an attainably priced villa with lagoon and beach lifestyle, and buy-to-let villa investors targeting 6.5-8% yields on ready 5BR units in Portofino and Nice. With expected annual capital growth of 5-10%, it balances affordability, family living and upside — though it's a car-oriented community with no metro nearby.

DAMAC Lagoons is a mix — earlier clusters like Portofino and Nice are handing over while later sub-communities are off-plan. Off-plan units typically come with interest-free developer payment plans staged through construction, often with post-handover options, and buyer funds are held in RERA escrow until build milestones are met.

Yes. A purchase from AED 2M secures the 10-year Golden Visa, and a 2-year investor residency starts at AED 750K. Since 5BR villas here sit just below AED 3M and 6BR units run AED 3-5M, most Lagoons purchases clear the Golden Visa threshold. There is a one-time 4% transfer fee and no annual property tax; ownership is freehold.