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Damac Lagoons

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Details

Commercial Title :

Damac Lagoons

Official Title :

Al Hebiah 3

Type :

Free Hold

Development Number :

N/A

Registration Date :

N/A

Construction Started Date :

N/A

Completion Status :

Under Construction

Life Cycle :

Developing

Master Developer(s) :

N/A

Launch Date :

01-Nov-2021

Anticipated Completion Date :

31-Oct-2024

Handover Date :

N/A

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Description

Damac Lagoons

4 Main Gates 

Cities - Clusters - 8 

1. Mediterranean Theme - Resort Living 

2. Portofino - Italy - Work and Play 

3. Andalusia - Spain- Ladies cluster 

4. Malta - Italy ( Culture and Science ) play and learn - kids friendly - Scanning barcodes training learning parks 

5. Nice - France - Pastel colouring

6. Santorini Greece - Blue and White ( Launch 1 ) - Romantic City 

7. Tangeur Morocco - Calm Tranquility- Serene Yoga Hubs, Yoga Parks - Green And white 

8. Venice Italy - Stone and Wood Architecture- Floating City - Water Surfing Activities  


Special Clasifications

1. Beaches and Water Bodies To Be Mimicked 

2. The Yalf hub - Outdoor 

3. Costa Brava - Beige and White accentuated by Blue and bricks - water falls , zip lining 

4. Master Plan Characterized By Crystal Lagoon Water Body 

5. Ten Year technology That Will Convert Lake Water into Swimmable Water - Connecting 8 cities with water and activity hubs 

6. Regional Mall ( Tentatively upto 2 Million Square Feet almost a little bigger than Mall Of Emirates)

7. Retail Units sitting inside the Island connecting by the bridge - Phase 1 adjacent - Santorini

8. Water Integrated Amphitheatre 

9. Crystal Lagoon Experience 

10. First Water cinema ( Floating Cinema ) 

11. Created Natural Mountains with caves with Water falls giving you access to the F&B Areas 

12. F & B with Bars Island At The Middle Of The Master Development/Community

13. Internal Road normally are 18.4 Meters

14. Width within Lagoons will be 24 Meters


Property Range 

Town Houses and Stand Alone Villas 

3, 4, 5 & 6 Bed Rooms Villas & Town House

5 Bed Rooms Are Normally Corner Units 


Living and Dining Areas 

27 Square Meters

Bed Room Sizes 3.2/ 3.4 Square Meters

Master Bed Room - 15.3 Square Meters

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Yearly Transactions and Sales

Transactions
Sales
6,0006,0005,0005,0004,0004,0003,0003,0002,0002,0001,0001,00000Transactions2018201820192019202020202021202120222022202320232024202415,000,000,00015,000,000,00012,000,000,00012,000,000,0009,000,000,0009,000,000,0006,000,000,0006,000,000,0003,000,000,0003,000,000,00000Sales
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Transactions and Sales by Property Types

Transactions
Sales
10,00010,0008,0008,0006,0006,0004,0004,0002,0002,00000TransactionsHotel ApartmentHotel ApartmentResidential PlotsResidential PlotsTownhousesTownhousesCommercial PropertiesCommercial PropertiesVillasVillasShopsShopsApartmentsApartments25,000,000,00025,000,000,00020,000,000,00020,000,000,00015,000,000,00015,000,000,00010,000,000,00010,000,000,0005,000,000,0005,000,000,00000Sales
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Price Per Square Feet "Sale"

4,0004,0003,2003,2002,4002,4001,6001,60080080000Price3384.753016.53640.5571.5893887.401752018.215061929.7862620182018201920192020202020212021202220222023202320242024
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