DAMAC Properties · DAMAC Lagoons

Valencia

• Apartments

Bedrooms

Studio–2 BR

Size

On request

Payment plan

Flexible

Completion

Pre-launch

Available

779 / 527

Handover

Q1 2029

About Valencia

Mediterranean-Inspired Apartments

Valencia is an apartment cluster within DAMAC Lagoons, designed around a Mediterranean coastal theme. The residential component comprises two towers configured as G+2P+13F, with 779 apartments across studio, 1-bedroom and 2-bedroom layouts. Interiors follow a consistent design language across living, dining, bedroom and ensuite spaces, referencing Italian coastal aesthetics with rustic textures and artisanal detailing.

The architectural concept is described by the developer as waves frozen in white, a motif carried through the facade treatment and shared podium areas. Construction was recorded at 7% completion as of the DLD filing, with the project start dated November 2024 and a scheduled completion of February 2028.

Amenities & Wellness Facilities

The development includes a mall component with a supermarket, F&B outlets, a kids' zone, retail units, pop-up art installations and lifestyle stores. Residents have access to a swimming pool, a gym, an aqua gym with submerged fitness stations, and outdoor yoga and spa areas.

Additional communal features include floating dining and relaxation pods, a lagoon night amphitheatre with water projection shows and synchronized fountains, a climate-cooling water canopy over outdoor walkways, smart pop-up retail capsules, a flamenco stage, an outdoor cinema and a Mediterranean-style lounge.

Pricing & Payment Structure

Average listed prices are AED 725,000 for studios, AED 1.3 million for 1-bedroom apartments and AED 1.84 million for 2-bedroom apartments. Buyers pay a 4% Dubai Land Department fee in addition to the initial deposit.

The payment plan spreads 60% of the purchase price across booking and 11 milestone installments through month 27, with the remaining 40% due on completion. A 5% deposit is required immediately, followed by a 10% installment within one month of booking; the down payment is treated as complete at 19% including the DLD fee.

Developer Track Record

Valencia is developed by DAMAC Properties as part of the wider Damac Lagoons masterplan, one of the developer's large-scale themed communities in Dubailand. The escrow account for the project is held with First Abu Dhabi Bank, in line with DLD-mandated project financing requirements for off-plan sales.

Key highlights

• 779 apartments across studio, 1 and 2-bedroom layouts
• Average studio price from AED 725,000
• Handover scheduled for March 2029
• Mall, aqua gym and lagoon amphitheatre on site
• 60/40 payment plan with 11 installments before completion
• Located within the Damac Lagoons masterplan

Why this project

• Mediterranean-themed apartment cluster in Damac Lagoons with mall, aqua gym and lagoon amphitheatre amenities.

Amenities

• •Swimming pool
• •gym
• •aqua gym
• •floating dining pods
• •outdoor yoga and spa
• •lagoon night amphitheatre
• •climate-cooling water canopy
• •smart pop-up retail capsules
• •flamenco stage

Location

Connectivity & Travel Times

The developer positions Valencia within Damac Lagoons on a travel-distance-optimized basis, citing an 8-minute drive to Saudi German Clinic, 10 minutes to Damac Mall, 17 minutes to Trump International Golf Club, 19 minutes to Global Village and 30 minutes to Al Maktoum International Airport.

The wider Damac Lagoons district is positioned as a self-contained neighbourhood with retail intended to be reachable on foot, reducing dependence on cross-city commuting for daily errands.

Payment plan