UAE > Dubai > Damac Lagoons > Nice > Nice 1
Construction Status
Payment Plan
Anticipated Completion Date
| Description | Milestone Event | (%) Value |
|---|---|---|
| Down Payment | Immediate | 20% |
| 1st Installment | Within 12 Months of Sale Date (1st to 4th Installment) | 20% |
| 2nd Installment | Within 36 Months of Sale Date (5th to 8th Installment) | 28% |
| 3rd Installment | Within 63 Months of Sale Date (9th Installment) | 6% |
| 4th Installment | Within 93 Months of Sale Date (10th Installment) | 2% |
| 5th Installment | Within 93 Months of Sale Date (11th Installment) | 1% |
| 6th Installment | Within 93 Months of Sale Date (12th Installment) | 1% |
| 7th Installment | Within 93 Months of Sale Date (13th Installment) | 1% |
| 8th Installment | Within 93 Months of Sale Date (14th Installment) | 1% |
| Payment At Handover | On Completion | 20% |
Title :
Nice 1
Type :
Free Hold
Project Number :
2335
Completion Status :
Under Construction
Life Cycle :
Developing
Master Development :
Nice
Developer :
Plot Number :
N/A
Project Configuration :
G+1/G+1+R
Number Of Units :
551
Number Of Floor :
N/A
Plot Area :
1,952,231 Square Meter
Built Up Area :
1,098,943 Square Feet
Construction Status :
78%
Launch Date :
N/A
Registration Date :
13-Dec-2021
Construction Started Date :
28-Feb-2022
Anticipated Completion Date :
29-Jul-2025
Cost Consultants :
N/A
Piling Contractors :
N/A
Handover Date :
N/A
Main Contractors :
China Nuclear Industry 22nd Construction Company
Sub Contractors :
N/A
Architects :
N/A
MEP Contractors :
N/A
Project Managers :
N/A
DAMAC Lagoons – Nice Phase 1 is a premium residential development by DAMAC Properties located in DAMAC Lagoons, near Dubailand in Dubai. Inspired by the coastal charm of the French Riviera city Nice, this phase blends Mediterranean aesthetics with modern luxury living. It is part of a larger master-planned community designed around water lagoons, sandy beaches, and resort-style amenities.
Nice Phase 1 is designed to reflect:
The concept emphasizes luxury, leisure, and nature, offering residents a holiday-like experience within a residential setting.
Concept and Theme
Nice Phase 1 is designed to reflect:
The concept emphasizes luxury, leisure, and nature, offering residents a holiday-like experience within a residential setting.
Location and Connectivity
The project enjoys a strategic location:
This makes it ideal for both families and investors due to strong connectivity and future growth potential.
Property Types:
Nice Phase 1 mainly offers:
Architecture and Design
The architecture reflects Mediterranean elegance:
Interiors include:
Amenities and Facilities
Nice Phase 1 offers a wide range of resort-style amenities, including:
Water Features
Lifestyle Amenities
Recreational Areas
Family-Friendly Features
Investment Potential
Nice Phase 1 is considered a strong investment opportunity due to:
Dubai’s growing real estate market further enhances its value.
DAMAC Lagoons – Nice Phase 1 represents a blend of luxury, nature, and Mediterranean lifestyle within Dubai’s modern urban setting. With its unique theme, high-end amenities, and strategic location, it offers both a comfortable living experience and a promising investment opportunity.