Lagoon Views 3: Damac's Apartment Entry Point in Dubai's Lagoons
Damac Properties launched Lagoon Views 3 in April 2024, adding a third phase to the Lagoon Views cluster inside the Damac Lagoons master community. The project is apartments-only, with 1- and 2-bedroom units, and targets a December 2027 handover.
The Location Trade-Off
Damac Lagoons sits in western Dubai. From here, Downtown Dubai is roughly 30 to 35 minutes by car under normal traffic, and Dubai Marina is around 25 minutes. That distance from the city's commercial and leisure centres defines what this project is and who it suits.
Buyers in Damac Lagoons are not paying for urban convenience. They are buying into a lower-density residential environment with more space per dirham than the Downtown or Marina high-rise market offers. For owner-occupiers, that means a quieter, more self-contained daily environment. For investors, the tenant profile leans toward families and long-term residents rather than short-stay demand.
What AED 1.14M to AED 1.8M Gets You
The price range runs from AED 1,140,000 to AED 1,800,000. The spread maps directly onto the two unit types on offer.
A 1-bedroom at 825 sq ft starts at AED 1,140,000, working out to roughly AED 1,382 per square foot. This is the entry point and targets first-time buyers or investors who want a single-unit foothold in the Damac Lagoons community.
The 2-bedroom at 1,298 sq ft starts at AED 1,800,000, or around AED 1,387 per square foot. The per-square-foot figure is nearly identical to the 1-bedroom. Buyers stepping up to the 2-bedroom are paying for the extra bedroom and space, not a pricing premium. For a couple needing a home office or a small family, the maths on that step-up is straightforward.
Apartments in Two Sizes
Lagoon Views 3 offers two apartment configurations: 1-bedroom at 825 sq ft and 2-bedroom at 1,298 sq ft. The 1-bedroom suits a single professional or couple. The 2-bedroom works for a small family or any buyer who needs the extra room.
On-Site Facilities
| Category | Facilities |
|---|---|
| Fitness & Wellness | Gymnasium, Shared Spa |
| Recreation | Shared Pool, Barbecue Area, Children's Play Area |
| Dining | On-site Restaurants |
| Security | CCTV Security |
Seven amenities covering the core of what residents in a mid-range residential community expect. The gym, pool, and spa address fitness and recovery. The barbecue area and children's play space point to families and owner-occupiers as the primary target, not investors running short-term rentals. On-site restaurants are a practical addition for a master community at this distance from the city's denser retail corridors.
Getting In for 20%
| Phase | Percentage |
|---|---|
| Down payment | 20% |
| During construction | 50% |
| At handover | 30% |
20% down is the entry cost, in line with standard Dubai off-plan terms. Half the purchase price flows out across construction-phase instalments. The final 30% falls due at handover in December 2027. For a 1-bedroom at AED 1,140,000, that handover payment is AED 342,000. For a 2-bedroom at AED 1,800,000, it is AED 540,000. The structure loads significant capital to the final stage of the purchase, which is the key number to plan around.
December 2027 Handover
Construction started in April 2024. With a December 2027 target, buyers entering now face roughly 18 months until keys. For off-plan buyers, a shorter remaining build window means fewer construction-phase payment calls ahead and a clearer line of sight to the handover date.