Valencia at DAMAC Lagoons by DAMAC

Valencia at DAMAC Lagoons is an apartment project by DAMAC Properties inside DAMAC Lagoons, Dubai. It forms the residential part of the DAMAC Lagoons District and comprises 1,558 studio, 1 bedroom and 2 bedroom apartments across four residential towers, with handover expected in Q1 2028.

Valencia is in DAMAC Lagoons, Dubai. Per DAMAC's DAMAC Lagoons District materials, approximate drive times are 8 minutes to DAMAC Mall, 20 minutes to Global Village and the Expo 2020 Venue, 25 minutes to Mall of the Emirates, 28 minutes to Al Maktoum International Airport and Palm Jumeirah, 30 minutes to Downtown Dubai and Dubai Investment Park, and 35 minutes to Dubai International Airport (DXB). These are community-level figures, so actual times vary with traffic and the exact starting point.

Studio Apartments start from AED 743K ≈ USD 202K at 402 sq ft (37 sq m), 1 Bedroom Apartments from AED 1.520M ≈ USD 414K at 938 sq ft (87 sq m), and 2 Bedroom Apartments from AED 1.891M ≈ USD 515K at 1,160 sq ft (108 sq m). The final price of a given unit depends on its tower, floor and layout.

Valencia sits within the DAMAC Lagoons District, and the district's amenities, per DAMAC, include a swimming pool with a pool bar and floating dining and relaxation pods, a gym, an aqua gym, the Lagoon Night Amphitheatre with projection shows on water, an outdoor cinema, outdoor yoga and spa areas, a flamenco stage, a Mediterranean-style lounge, cooling mist corridors under a water canopy, and DAMAC Mall with a supermarket, dining, a kids' zone and retail.

No. Valencia and Piazza Roma were launched together as the DAMAC Lagoons District, but they are separate projects. Valencia is the residential component, made up of studio, 1 bedroom and 2 bedroom apartments, while Piazza Roma comprises the office towers in the district, with its own registration, pricing and payment terms. For Valencia owners, the office towers matter mainly as work-life proximity and a potential source of local tenant demand.

Handover is expected in Q1 2028. The project is currently under construction at an early stage, and its progress against RERA inspection data is tracked in the Valencia at DAMAC Lagoons construction updates guide.

Valencia uses a 60/40 payment plan. Buyers pay a 5% deposit on booking plus the 4% DLD fee, 10% within one month of booking, then nine instalments of 5% each at 3, 6, 9, 12, 15, 18, 21, 24 and 27 months from booking, and the final 40% on completion. The instalments are counted from the booking date, and the schedule a buyer signs is confirmed in the SPA.

The additional government cost stated in DAMAC's payment plan is the 4% DLD registration fee, paid in addition to the initial deposit. DAMAC treats the down payment as complete at 19%, which covers the 5% deposit, the 10% first instalment and the 4% DLD fee. My advisory service adds no fee on top: the commission is paid by the developer.

Yes, Valencia at DAMAC Lagoons is a freehold property, open to all nationalities.

The 10 year UAE Golden Visa through property is linked to a property value of at least AED 2M ≈ USD 545K. At the current prices, no single Valencia apartment reaches that threshold on its own: the largest layout, the 2 Bedroom from AED 1.891M, sits below it. Eligibility is decided by the ICP and the DLD at the time of application, and the Valencia at DAMAC Lagoons Golden Visa guide covers the threshold in detail.

Off plan payments at Valencia are made into the project's DLD-registered escrow account held with First Abu Dhabi Bank (FAB), and funds are released to the developer against verified construction progress, a framework regulated by the Dubai Land Department. The mechanics are explained in the Valencia at DAMAC Lagoons escrow account guide.

Yes. The full process, from reservation and SPA signing to DLD registration, can be handled remotely, and I manage it end to end with the developer on your behalf. Each stage of a remote purchase is documented in my Dubai real estate guide library.