Under Construction

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Construction Status

90.55%

Payment Plan

60/40

Anticipated Completion Date

29-Jun-2025

60/40

Description Milestone Event (%) Value
Down Payment Immediate 20%
1st Installment Within 7 Months of Sale Date (1st to 5th Installment) 5%
2nd Installment Within 15 Months of Sale Date (6th Installment) 9%
3rd Installment Within 27 Months of Sale Date (7th to 10th Installment) 4%
4th Installment Within 40 Months of Sale Date (11th Installment) 9%
5th Installment Within 55 Months of Sale Date (12th to 13th Installment) 2%
6th Installment Within 71 Months of Sale Date (14th Installment) 9%
7th Installment Within 89 Months of Sale Date (15th to 16th Installment) 2%
Payment At Handover On Completion 40%

Details

Title :

Portofino

Type :

Free Hold

Project Number :

2356

Completion Status :

Under Construction

Life Cycle :

Developing

Master Development :

Damac Lagoons

Plot Number :

N/A

Project Configuration :

N/A

Number Of Units :

877

Number Of Floor :

G+1/G+2

Plot Area :

2,026,028 Square Feet

Built Up Area :

76,991,211 Square Feet

Construction Status :

90.55%

Launch Date :

01-Jan-2022

Registration Date :

31-Jan-2022

Construction Started Date :

24-Apr-2022

Anticipated Completion Date :

29-Jun-2025

Cost Consultants :

N/A

Piling Contractors :

N/A

Handover Date :

N/A

Main Contractors :

N/A

Sub Contractors :

N/A

Architects :

N/A

MEP Contractors :

N/A

Project Managers :

N/A





Description

Portofino at Damac Lagoons

Damac Properties' latest project, Portofino at Damac Lagoons, features tastefully designed townhouses and villas with an Italian theme in Dubai. With an air of vintage Italian glitz, the project embodies the gem of the Italian Riviera.

The neighborhood has a golfing appeal and is situated in a prominent location just across from the Damac Hills subdivision. You can easily access the rest of the city thanks to the development's marked exits and entry points, which are close to Mohammed Bin Zayed Road and Emirates Road.

High-end homes encircled by expansive crystal lagoons and a variety of waterside amenities and activities are available in this exclusive waterfront development. Living in this development will allow you to experience a new way of life and escape to a much-needed vacation without ever leaving the comforts of your home.

Residents may discover the Ligurian Gem, a work and play hub that offers infinite enjoyment and is flanked with cafes by the water and activities like kayaking, sailing, and paddle surfing. With premium brands and retail ideas that ensure residents' shopping requirements are met, waterside boutiques offer a whole lifestyle experience.


Important Points to Note:
  • Italian-designed villas and townhouses are a recent residential development at Damac Lagoons.
  • Adjacent to the Damac Hills neighborhood, with sandy beaches and crystal-clear lagoons
  • appealing and adaptable alternatives for payment plans
  • Boutiques, stores, and restaurants along the water
Key Details:

BL-3-M 3BR Townhouses G+1                            816       1,333,000
BL-4-M 4BR Townhouses G+1         1,693,620
BL-5-E 5BR Townhouses G+2         2,499,690
BL-V75 7BR Villa G+2   61     7,305,000
BL-VD1 7BR Villa G+2    

 

 

Location

Title Action
BL-3-M View Details
BL-4-M View Details
BL-5-E View Details
BL-V75 View Details
BL-VD1 View Details

Yearly Transactions and Sales

Transactions and Sales by Property Types

Price Per Square Feet "Sale"