Under Construction

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Construction Status

78%

Payment Plan

Pay 20% On Completion

Anticipated Completion Date

29-Jul-2025

Pay 20% On Completion

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%

Details

Title :

Nice 1

Type :

Free Hold

Project Number :

2335

Completion Status :

Under Construction

Life Cycle :

Developing

Master Development :

Nice

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





Description

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:

  • Bright, pastel-colored architecture
  • Relaxed coastal lifestyle
  • Open spaces with waterfront views
  • European-style streets and landscapes

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:

  • Bright, pastel-colored architecture
  • Relaxed coastal lifestyle
  • Open spaces with waterfront views
  • European-style streets and landscapes

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:

  • Close to major highways like Sheikh Mohammed Bin Zayed Road
  • Easy access to central Dubai areas such as:
    • Dubai Marina
    • Downtown Dubai
  • Near key destinations like:
    • Global Village
    • Dubai Autodrome

This makes it ideal for both families and investors due to strong connectivity and future growth potential.

Property Types:

Nice Phase 1 mainly offers:

  • Townhouses (4, 5, and 6 bedrooms)
  • Spacious layouts with modern interiors
  • Private gardens and terraces
  • Rooftop access in selected units

Architecture and Design

The architecture reflects Mediterranean elegance:

  • White and pastel-colored façades
  • Large windows and balconies
  • Clean lines with modern finishes
  • Outdoor living spaces

Interiors include:

  • High-quality materials
  • Contemporary kitchens
  • Stylish bathrooms
  • Smart space utilization

Amenities and Facilities

Nice Phase 1 offers a wide range of resort-style amenities, including:

Water Features

  • Crystal-clear lagoons
  • Artificial beaches
  • Water parks and splash areas

Lifestyle Amenities

  • Clubhouse and community centers
  • Outdoor cinema
  • Cafés and retail outlets
  • Fitness centers and yoga spaces

Recreational Areas

  • Cycling and jogging tracks
  • Parks and gardens
  • Sports courts

Family-Friendly Features

  • Kids’ play areas
  • Schools and nurseries nearby
  • Safe, gated environment

Investment Potential

Nice Phase 1 is considered a strong investment opportunity due to:

  • High demand for waterfront properties in Dubai
  • Reputation of DAMAC Properties
  • Flexible payment plans
  • Potential for rental income and capital appreciation

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.

Location

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Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"