MYKONOS DAMAC LAGOONS
Advantages
Location
- Close to shopping malls
- Close to schools
- Close to the kindergarten
- Near the golf course
- Great location
- Beautiful view
Features
- Panoramic windows
- Panoramic glazing
- Terrace
- Premium class
- New project
- Low-rise buildings
- Tap water
- Electricity
- Driveway to the land plot
Indoor facilities
- Child-friendly
- Restaurant
- Cafe
- Healthcare facilities
- Conference hall
- Cinema
- Recreation area
- SPA centre
- Fitness room
- Pilates and yoga room
Outdoor features
- Barbecue area
- Children's playground
- Landscaped garden
- Landscaped green area
- Social and commercial facilities
- Community garden
- Car park
- Water slides
- Garden
- Footpaths
- Benches
- Well-developed facilities
- Swimming pool
- Common area with pool
- Sports ground
- Shop
- Supermarket
Features
Type of complex
Mykonos Damac Lagoons is a new premium townhouse community that offers exclusive amenities and access to a blue lagoon with sandy beaches. This place is oriented at resort-style living, but you will not find many hotels in Mykonos Damac Lagoons as this is a gated, residents-only community. The complex is a great choice for fans of beach leisure and spending time by the water, swimming, kayaking, snorkelling, and enjoying other water activities.
You can enjoy delicious treats at on-premises restaurants in Mykonos Damac Lagoons, relax in comfortable waterside loungers, walk in picturesque parks, and more.
Uniqueness
Residents will have access to a wide range of exclusive amenities, including the following:
- The sandy Paradise Beach with hammocks, recreation areas, and swings over the water;
- The Beach Club with a bar;
- The Honey Bar, where you can taste various types of natural honey;
- The Volcanic Stones Park;
- A large swimming pool with a bar and soft waterside loungers;
- Capsules where you can have a great time with friends while floating in the pool;
- The Greek-style Windmill Park with winding paths and snow-white mills;
- The open-air Glow Lounge with rejuvenation cocktails and relaxing sounds of nature.
Buildings’ architecture and design
The architecture of townhouses in the new complex is a combination of the contemporary and Mediterranean styles. The houses will feature plain geometric shapes, flat roofs, and elongated rectangular windows with contrasting window trims and awnings. The ground floor will boast large panoramic windows in the living room and dining room area, as well as glass doors opening onto a terrace and a private garden.
The interiors are also decorated in the Greek style. The townhouses will have white walls and stone-decked floors. Elegant bathroom fixtures, curiously shaped sinks, and designer mirrors will be installed in the bathrooms. The wooden ceiling beams and woven rattan accessories will create a cosy environment.
Financial appeal
With exclusive on-premises amenities and high-quality execution, local townhouses will be in high demand among tenants. Homeowners will be able to lease out their properties and receive a steady passive income.
This new residential project is currently at the construction stage, so rental rates on townhouses are unknown yet. The tentative return on investment in property in Mykonos Damac Lagoons, however, can be estimated based on data from the neighbouring Damac Hills, where a four-bedroom townhouse is leased for a minimum of AED 220,000 (USD 60,000) per year. This type of property generates a return of 5%.
Location
Dubai Land is a large-scale entertainment complex in Dubai, designed for recreation, shopping, and sports. The project was successfully planned more than 10 years ago and construction is currently in full swing. While the area is open to visitors, the park has not yet been fully opened. According to the project plans, the entirety of Dubai Land will be divided into several zones, each of which is designed for differently-themed forms of entertainment. The main goal of this project is to improve Dubai's tourism reputation and attract travelers to the UAE.
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Payment plan
Developer
DAMAC Properties has been shaping the Middle East’s luxury real estate market since 2002, delivering iconic residential, commercial and leisure properties across the region and beyond. DAMAC adds vibrancy to the cities in which its projects are...
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2 890 000 AEDCompletion date I quarter, 2027 (Off-plan)
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2 510 000 AED - 5 870 000 AEDCompletion date II quarter, 2028 (Off-plan)
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460 000 AED - 1 352 000 AEDCompletion date IV quarter, 2020 (Completed)