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LAGOON VIEWS Project Presentation - V.02
LAGOON VIEWS Project Presentation - V.02
3 The Plantation Equestrian and Polo Club – 11 minutes 3 Five Hotel Jumeirah Village Circle – 19 minutes
HOSPITALS
DAMAC Lagoons is hidden away along Hessa Street right
1 Aster Medical Centre – 9 minutes
opposite DAMAC Hills community. The convenient location puts
2 Mediclinic Parkview Hospital – 12 minutes
residents within minutes of the city’s key arterial freeways such as
3 NMC Royal Hospital – 19 minutes Mohammed Bin Zayed Road, Emirates Road and Al Khail Road.
T H E L O C AT I O N
DAMAC LAGOONS (ANDALUCIA) APARTMENTS
Capital Values Growth Top Configurations Avg PSF (AED) Secondary Market Performance
(Primary)
(AED PSF)
1,600 16%
12% 14%
12% 2,685
1,400 103%
9% 10% 6 BR 2,021
2,225
1,102 144%
8%
6% 6%
30%
1,200 3% 6% 58% 40% 44%
4% 3% 1,904 53%
33% 41% 15%
4% 5 BR 1,895
1,290
1,260
1,219
1,182
1,463
1,138
1,099
1,096
1,094
1,081
-2% 2% 30%
995
942
1,000
870
824
822
800
0%
778
744
1,404
1,054
1,146
1,217
1,195
1,344
1,385
-2%
926
962
996
4 BR 1,195 20%
800 -4% 1,170
Q4 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
Q1 2023
Q2 2023
Q3 2023
Q4 2023
Nice
Mykonos
Venice
Monte Carlo
Malta
Marbella
Costa Brava
Santorini
Portofino
1,525
3 BR 978
858 78%
▪ The average capital values in DAMAC Lagoons registered 50% capital appreciation in last two years.
▪ Nine out of 11 clusters have recorded double digit growth in capital values in secondary market indicating robust investor confidence
in DAMAC Lagoons
Source: DLD Transactions 2021- YTD 23
Fast Four Facts – DAMAC Lagoons
01 02
A B
Advantage Fast Moving Units
Low Rise
• Lower service charge. • Close to 1,000 units sold in last 24 months.
• Feels closer to amenities – Higher end
user demand.
• Sales off take rate of 35 to 40 units a month.
• Higher undivided share of land – Higher
opportunities for capital gains.
• Enjoys quick ease in access, saving time
04 03
Robust Track Record
Competitive Lagoon
Themed Apartments D C • DAMAC Lagoons recorded robust capital
appreciation of 50% in 24 months
• Nine out of 11 clusters recorded double
• Competitive Price digit growth in last two years.
• DAMAC Lagoon Views is the most
competitively priced lagoon themed
apartments in Dubai
COMPETITION BENCHMARKING - PRICING
Project Name Min Size Sq. ft Max Size Sq. ft Min SA PSF Avg. SA PSF Max SA PSF
Dubai Hills Estates – Hills Park* 676 903 1,860 1,807 1,997
Project Name Min Size Sq. ft Max Size Sq. ft Min SA PSF Avg. SA PSF Max SA PSF
Naya at District One 1,204 1,263 2,074 2,217 2,352
The Residences at District
1,192 1,310 1,920 2,050 2,415
One
Lagoon Views at MBR 1,724 1,724 1,855 1,886 1,920
Dubai Hills Estates – Hills
1,744 989 1,698 1,779 1,954
Park*
DAMAC Lagoon Views 1,016 1,145 1,539 1,641 1,915
*Note: The prices are from primary and secondary sale transactions H2 2023/DLD Transaction
I N S P I R AT I O N
DAMAC LAGOONS (ANDALUCIA) APARTMENTS
THE RHYTHMIC DANCE OF SUNLIGHT ON THE AZURE WAVES MIRRORS THE TIMELESS POETRY OF THE MEDITERRANEAN SEA
THE WAVES OF THE MEDITERRANEAN: KNOWN TO BE EMBRACING BUT NOT DANGEROUS
C L U S T E R P L A N
CLUSTER PLAN
CLUSTER PLAN
CLUS TER P L AN
CLUS TER P L AN
MONTECARLO MARBELLA
TOWER A,B,C TOWER A,B,C
AQUA OPERA SCHOOL HOUSE PAVILION FLAMENCO GARDENS
BOARD GAMES CASINO PAVILION BEAUTY HILLS - SHOPPING POP UPS
CARS MEMORABILIA - VINTAGE CARS OLIVE TREES GARDEN - THE MARRIAGE DESTINATION
G+6F
CAPTURING THE VIEW FROM A HEIGHT
ROOF
Typology Total Units Min Max Avg. Min Max Avg. (AED)
Grand Total 162 674 1,145 838 979,000 2,193,000 1,316,000 1,570
L AU N C H
P AYM E N T P L A N
Description Milestone Event (%) Value Description Milestone Event (%) Value
1st INSTALLMENT Within 3 Months of Sale Date 1 23rd INSTALLMENT Within 25 Months of Sale Date 1
2nd INSTALLMENT Within 4 Months of Sale Date 1 24th INSTALLMENT Within 26 Months of Sale Date 1
3rd INSTALLMENT Within 5 Months of Sale Date 1 25th INSTALLMENT Within 27 Months of Sale Date 1
4th INSTALLMENT Within 6 Months of Sale Date 1 26th INSTALLMENT Within 28 Months of Sale Date 1
5th INSTALLMENT Within 7 Months of Sale Date 1 27th INSTALLMENT Within 29 Months of Sale Date 5
6th INSTALLMENT Within 8 Months of Sale Date 5 28th INSTALLMENT Within 30 Months of Sale Date 1
7th INSTALLMENT Within 9 Months of Sale Date 1 29th INSTALLMENT Within 31 Months of Sale Date 1
8th INSTALLMENT Within 10 Months of Sale Date 1 30th INSTALLMENT Within 32 Months of Sale Date 1
9th INSTALLMENT Within 11 Months of Sale Date 1 31st INSTALLMENT On 80% Completion Milestone 2
10th INSTALLMENT Within 12 Months of Sale Date 1 32nd INSTALLMENT On 90% Completion Milestone 2
13th INSTALLMENT Within 15 Months of Sale Date 1 4% DLD TO BE PAID IN ADDITION TO THE INITIAL DEPOSIT
ACD: JAN-2027
14th INSTALLMENT Within 16 Months of Sale Date 1
20th INSTALLMENT Within 22 Months of Sale Date 1 AED 979,000 AED 1,564,000
21st INSTALLMENT Within 23 Months of Sale Date 1
R E G U L AR
P AYM E N T P L A N
Description Milestone Event (%) Value Description Milestone Event (%) Value
1st INSTALLMENT Within 3 Months of Sale Date 1 23rd INSTALLMENT Within 25 Months of Sale Date 1
2nd INSTALLMENT Within 4 Months of Sale Date 1 24th INSTALLMENT Within 26 Months of Sale Date 1
3rd INSTALLMENT Within 5 Months of Sale Date 1 25th INSTALLMENT Within 27 Months of Sale Date 1
4th INSTALLMENT Within 6 Months of Sale Date 1 26th INSTALLMENT Within 28 Months of Sale Date 1
5th INSTALLMENT Within 7 Months of Sale Date 1 27th INSTALLMENT Within 29 Months of Sale Date 8
6th INSTALLMENT Within 8 Months of Sale Date 8 28th INSTALLMENT Within 30 Months of Sale Date 1
7th INSTALLMENT Within 9 Months of Sale Date 1 29th INSTALLMENT Within 31 Months of Sale Date 1
8th INSTALLMENT Within 10 Months of Sale Date 1 30th INSTALLMENT Within 32 Months of Sale Date 1
9th INSTALLMENT Within 11 Months of Sale Date 1 31st INSTALLMENT On 80% Completion Milestone 1
10th INSTALLMENT Within 12 Months of Sale Date 1 32nd INSTALLMENT On 90% Completion Milestone 1
13th INSTALLMENT Within 15 Months of Sale Date 1 4% DLD TO BE PAID IN ADDITION TO THE INITIAL DEPOSIT
ACD: JAN-2027
14th INSTALLMENT Within 16 Months of Sale Date 1
20th INSTALLMENT Within 22 Months of Sale Date 1 AED 979,000 AED 1,564,000
21st INSTALLMENT Within 23 Months of Sale Date 1
A M E N I T I E S
AN DALU C Í A APAR T M E N T S
AMENITIES
B E AU T Y
BEAUTY HILLS OLIVE TREES GARDEN - THE MARRIAGE DESTINATION HONEY BAR
AN DALU C Í A APAR T M E N T S
AMENITIES
C U LT U R E
FLAMENCO GARDENS CONCERT STAGE AQUA OPERA SCHOOL VOLCANIC STONES PARK
HOUSE PAVILION
AN DALU C Í A APAR T M E N T S
AMENITIES
F E S T I VI T I E S
LAK E S I D E S E RE N IT Y
CENTRAL HUB
AN DALU C Í A APAR T M E N T S
AMENITIES
RE VI TALI Z E - RE C H ARG E
W E L L N E S S - R E L A X AT I O N
F L O AT I N G P A R A D I S E
E N T E R TAI N M E N T
G A S T R O N O M Y – F &B E X P E R I E N C E
TAPAS LOUNGE POOL BAR & FLOATING PODS SUNSET BEACH BAR
AN DALU C Í A APAR T M E N T S
AN DALU C Í A APAR T M E N T S
AQUA GYM – RUNNING TRACK
AN DALU C Í A APAR T M E N T S
AQUA OPERA SCHOOL
INTERIOR DESIGN
TERRACE
Summary
• Do we have any information on essential amenities (mall, hospital, pharmacy, etc.) contracted to be part of
the Lagoons community since Santorini will be handed over soon?: Yes, these are mandatory Civic amenities
which are provided with any/all masterplan; however, none are available on day-one (across all
developers). These shall be facilitated eventually based on 80% residential units' handover and only when
the operator EOI and on-boarding processes complete.