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Valencia, DAMAC Lagoons: photos

Off-planKeys Mar 2029

Valencia

New homes in DAMAC Lagoons, by DAMAC Properties

New homes in Valencia start at AED 612,000; keys are due Mar 2029; you pay 5% to book, 55% while it is built and 40% at the keys.

In the 12 months to Nov 9, 2026, Dubai Land Department recorded 1,101 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in DAMAC Lagoons. Their median price is AED 1,893 per sq ft (about AED 621,000 at 328 sq ft). This project's from price is AED 1,866 per sq ft (AED 612,000 for its smallest home, 328 sq ft), 1% less.

Keys
Mar 2029
The developer's handover date
Payment plan
5 / 55 / 40
5% to book, 55% while it is built, 40% at the keys
Bedrooms
Studio to 2 beds
Sizes
328 to 1,302 sq ft
Ownership
Freehold
Property types
Apartment
Registration fee
4% of the price
Paid to the Dubai Land Department

As of Nov 1, 2026. These details can change; confirm them with the developer before you book.⁠

Dubai Land Department register

From price per sq ft
AED 1,866 per sq ft
Similar off-plan homes: AED 1,893 per sq ft

We couldn't match this project to the Dubai Land Department project register yet. The developer can give you its RERA project number.⁠

Paying for it

⁠

You pay 5% when you book, 55% as the building goes up, and 40% when you get the keys.

WhenStageShareAmountPaid by then
NowBooking5%AED 30,600+ AED 24,480 DLD feeAED 55,080
Feb 2027While it is built6.9%AED 42,075AED 97,155
May 2027While it is built6.9%AED 42,075AED 139,230
Aug 2027While it is built6.9%AED 42,075AED 181,305
Nov 2027While it is built6.9%AED 42,075AED 223,380
Mar 2028While it is built6.9%AED 42,075AED 265,455
Jun 2028While it is built6.9%AED 42,075AED 307,530
Sep 2028While it is built6.9%AED 42,075AED 349,605
Dec 2028While it is built6.9%AED 42,075AED 391,680
Mar 2029Keys40%AED 244,800AED 636,480
Booking payment, 5%
AED 30,600
Dubai Land Department fee (Oqood), 4%
AED 24,480
Cash you need to bookThe developer pays the broker, so there is no buyer's fee.
AED 55,080
Total costPrice plus the DLD fee
AED 636,480
  • The dates are our estimate: we spread the construction share evenly between now and the keys. The developer's real dates follow the building work, so they can move.
  • Your payments go into the project's escrow account, which RERA watches, not straight to the developer.

A mortgage at the keys

Before you buy

Pay into the project's escrow account only.
Every off-plan project in Dubai must have an escrow account at a bank, watched by RERA. Pay into that account, never to a person. Ask for the account number.
Budget for the service charge.
Once the building is finished you pay a yearly service charge per sq ft, set from the building's budget and approved by RERA. Ask DAMAC Properties for the estimate.
Register the sale with Oqood.
The Land Department records off-plan sales in its Oqood register. Until your sale is on it, the home isn't in your name.

Is the price fair?

⁠

Dubai Land Department recorded 1,101 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in DAMAC Lagoons, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.

We compare with off-plan sales across DAMAC Lagoons, as this project isn't on the Dubai Land Department register yet or has too few sales.

Dubai Land Department recorded 1,101 off-plan sales of studio apartments of 276 sq ft to 414 sq ft in DAMAC Lagoons, from Nov 10, 2025 to Nov 9, 2026. Here is what they sold for, and where this project's from price sits.

Median price AED 1,893 per sq ft

AED 1,643 per sq ftAED 2,032 per sq ft

This project AED 1,866 per sq ft

Half of the sales sold for AED 1,844 to AED 1,931 per sq ft

The median is the middle sale: half sold for less, half for more.

Show as table
Price per sq ftSales
AED 1,643 to AED 1,692 per sq ft7
AED 1,692 to AED 1,740 per sq ft16
AED 1,740 to AED 1,789 per sq ft52
AED 1,789 to AED 1,838 per sq ft165
AED 1,838 to AED 1,886 per sq ft286
AED 1,886 to AED 1,935 per sq ft335
AED 1,935 to AED 1,983 per sq ft238
AED 1,983 to AED 2,032 per sq ft2

The 3 closest sales

Picked from the 1,101 similar sales above, closest in size to this project's smallest home.

  1. Nov 2026AED 621,770AED 1,898 per sq ftDAMAC LAGOONS - VALENCIA TOWER A, 328 sq ft
  2. Oct 2026AED 612,070AED 1,868 per sq ftDAMAC LAGOONS - LAGOON VIEWS 13 A, 328 sq ft
  3. Oct 2026AED 636,000AED 1,941 per sq ftDAMAC LAGOONS - LAGOON VIEWS 13 A, 328 sq ft

Off-plan sales only, of the same home type, bedrooms and size band.

What similar homes sold for

⁠

The median price of off-plan homes with the same number of bedrooms that sold in DAMAC Lagoons in the 12 months to Sep 30, 2026. The smallest type is checked at the from price.

TypeOff-plan medianSalesAgainst similar sales
Studio apartmentFrom AED 612,000 hereOff-plan medianAED 733,000AED 1,907 per sq ftSales8951% below 1,101 similar sales
1-bed apartmentOff-plan medianAED 1,266,000AED 1,665 per sq ftSales691
2-bed apartmentOff-plan medianAED 1,843,000AED 1,579 per sq ftSales230

Sales from Oct 1, 2025 to Sep 30, 2026. A median needs at least 30 sales.

Rent and yield

Gross yield at the from price⁠Rent ÷ price
7.2%
Typical gross yield of similar ready homes
9.4%
Median rent of studio apartments in DAMAC Lagoons⁠
AED 44,000 a year
Rent contracts counted
135
Rented between
Apr 1, 2025 and Mar 31, 2026
Studio apartment
AED 44,000 a year
1-bed apartment
AED 59,000 a year
2-bed apartment
AED 82,000 a year

There is no DLD service charge for this project or its area, so we leave out the service charge and the net yield.

Gross yield is a year's rent before costs, as a share of the price. At the from price: AED 44,000 ÷ AED 612,000 = 7.2%. The home earns nothing until the keys, and new buildings often rent for more than older ones.

We don't take off empty months, management or furnishing. How we work out yields

Rents come from Ejari, Dubai's register of rent contracts: new residential contracts in the area, all buildings. A median is the middle one: half are lower, half higher.

On your doorstep

  • Jumeirah Golf Estates Metro Station6.1 km, 17 min driveMetro station
  • South View School2.3 km, 9 min driveSchool
  • Dwight School Dubai2.4 km, 8 min driveIB school
  • JSS International School6.9 km, 12 min driveIndian school
  • The Fairway Mall3.1 km, 6 min driveMall
  • Mediclinic Springs7 km, 14 min driveHospital
  • Jumeirah Lakes Towers10.2 km, 23 min driveOffices
  • The Els Club, Dubai Sports City2 km, 9 min driveGolf
  • Playground1.7 km, 7 min drivePark

Straight-line distance; minutes by road or on foot from OpenStreetMap routing, or estimated where the route is unknown. Places © OpenStreetMap contributors. Stations from the Roads and Transport Authority. School curricula from KHDA.

About Valencia

Valencia asks for 5% on booking, AED 30,600 at its from price of AED 612,000, and leaves 40% for handover. The DAMAC Properties building in DAMAC Lagoons has studio to two-bedroom apartments and a listed handover of March 2029.

The plan is 5% on booking, 55% during construction and 40% at handover. At the from price that is AED 30,600, AED 336,600 and AED 244,800. The listed handover is March 2029, so 60% of the price is paid before that date. Separately, the 4% DLD fee comes to AED 24,480; ask when it is due.

The Dubai Land Department lists 1,101 studio off-plan sales across DAMAC Lagoons in the 12 months to November 2026. These are sales in the wider area, not in this building alone. The from price per square foot is 1.4% below their median. Ask which unit and floor the from price applies to before you compare.

Valencia has studio, one- and two-bedroom apartments from 328 to 1,302 sq ft. The developer describes the homes as semi-furnished, so ask for a list of what that covers. Kitchens come fully fitted, with stone countertops and integrated appliances. Shared facilities include a children's pool, a shared pool, a gym, covered parking and security around the clock. The developer also mentions lagoon-style outdoor areas, retail and dining in the wider district.

The Els Club, Dubai Sports City is about 2.0 km away, around 9 minutes by car. South View School and a Saudi German Clinics branch in DAMAC Hills are each about 2.3 km away, and Dwight School Dubai about 2.4 km. Jumeirah Golf Estates Metro Station is about 6.1 km away, around 17 minutes by car. JBR beach is about 11.6 km away, around 22 minutes by car. Drive times are by our estimate.

Floor plans

The developer's plans. Sizes and layouts can change; ask the developer for the plan of the exact unit you're looking at.

  • Studio
  • 1 BR
  • 2 BR

Valencia: floor plans

How prices moved

⁠
Median price of studio apartments in DAMAC Lagoons, over the 12 months to each dateDown 1% from Mar 2026 to Sep 2026.

Mar 2026AED 1,921 per sq ft

Sep 2026AED 1,907 per sq ft

Show as table
12 months toMedian priceSales
Sep 2026AED 1,907 per sq ft895 sales
Jun 2026AED 1,917 per sq ft659 sales
Mar 2026AED 1,921 per sq ft100 sales

Off-plan sales only.

Questions about this project

How much do I need at booking?

5%, which is AED 30,600 at the from price. Another AED 336,600 is due during construction and AED 244,800 at handover.

Can foreigners buy here?

The listing gives the ownership as freehold. DAMAC Properties is the developer.

How does the price compare with nearby sales?

The from price per square foot is 1.4% below the median of 1,101 studio off-plan sales across DAMAC Lagoons in the 12 months to November 2026.

Is any furniture included?

The developer describes the homes as semi-furnished, with fitted kitchens. Ask for a written list of what comes with your unit.

When is handover?

The listed handover is March 2029. Ask DAMAC for a construction update before you book.

How far is the nearest metro?

Jumeirah Golf Estates Metro Station is about 6.1 km away, around 17 minutes by car by our estimate.

More projects in DAMAC Lagoons

See every project in DAMAC Lagoons
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