Damac Lagoons is a waterfront residential community situated in Dubai’s International Media Production Zone (IMPZ). It is a part of the larger Dubailand project and is developed by Damac Properties. The community features a range of residential properties, including apartments, townhouses, and villas, that offer a luxurious and comfortable living experience. With easy access to key transportation links, retail centers, and educational institutions, Damac Lagoons is an ideal choice for those looking for a serene and upscale lifestyle in Dubai.
Key Facts
- Location: Damac Lagoons is situated in the heart of Dubai, close to Dubai International Airport, Dubai Festival City, and Dubai Creek. It is easily accessible via road and public transportation, making it a convenient location for residents and commuters alike.
- Architecture: Damac Lagoons has a modern and contemporary design, with a mix of low-rise residential buildings and villas that offer stunning waterfront views. The area is designed to be pedestrian-friendly, with several walkways and green spaces for residents to enjoy.
- Real estate: Damac Lagoons offers a range of luxury residential properties, including apartments and villas, with world-class amenities and services. The area is designed to offer a unique lifestyle that combines luxury living with natural beauty and tranquility.
- Amenities: Damac Lagoons offers several amenities and facilities for residents, including a clubhouse, swimming pools, fitness center, and spa. The area also has several parks and open spaces for recreational activities, as well as a marina for water sports enthusiasts.
- Community living: Damac Lagoons is designed to promote community living, with a focus on creating a tight-knit community where residents can socialize and interact with each other. The area has several community events and activities throughout the year, including cultural events, sports activities, and social gatherings.
- Security: Damac Lagoons has state-of-the-art security systems in place to ensure the safety and security of its residents. The area is monitored by 24-hour security personnel and has CCTV surveillance throughout.
- Sustainability: Damac Lagoons is designed to be sustainable and environmentally friendly, with several green initiatives aimed at reducing waste, conserving energy, and promoting sustainable living. The area also encourages the use of electric vehicles and public transportation.
- Investment: Damac Lagoons is a sought-after location for property investment, with its prime location, luxurious amenities, and world-class facilities. The area offers a unique lifestyle that is attractive to investors and residents alike, making it a profitable investment opportunity.
Buying Real Estate in the area
Pros of investing in the area:
- Upscale waterfront living experience
- Strategic location with easy access to major transportation links
- Proximity to retail centers and educational institutions
- Developed by a reputable developer, Damac Properties
Cons of investing in the area:
- The area is still undergoing development, and there may be construction noise and traffic in the near future
- Property prices in the area are relatively higher compared to other residential communities in Dubai
Rental Trends and Prices
The rental prices in Damac Lagoons vary depending on the type of property and its location. As of 2021, the average annual rent for a studio apartment is around AED 38,000, while a one-bedroom apartment costs around AED 50,000 per year. For larger properties like townhouses and villas, the annual rent can range from AED 85,000 to AED 250,000, depending on the size and location of the property.
The best areas for renting in Damac Lagoons are those located in close proximity to the community amenities, such as parks, retail outlets, and schools. Areas like Akoya Oxygen and Mudon are popular choices for renters due to their family-friendly environment and ample recreational facilities.
Rental trends in Damac Lagoons are expected to remain stable in the coming years, as the community continues to develop and expand its offerings. With the increasing popularity of the area, the demand for rental properties is expected to rise, which could result in higher rental prices in the future.
Transportation Availability
Damac Lagoons is well-connected to the rest of Dubai via major highways, such as Sheikh Mohammed Bin Zayed Road and Al Qudra Road. The area is also serviced by a number of public transportation options, including buses and taxis. The nearest metro station to Damac Lagoons is the Mall of the Emirates station, which is around a 20-minute drive away.
The community is located in close proximity to major landmarks and attractions in Dubai, including Dubai Miracle Garden, Dubai Autodrome, and Global Village. Dubai International Airport is also easily accessible from Damac Lagoons, with a travel time of approximately 30 minutes.
As the area continues to develop, there are plans for the construction of new roads and transportation infrastructure in the vicinity, which will further enhance transportation accessibility in the area.
Amenities, Schools, and Healthcare
Damac Lagoons offers a range of amenities and facilities to its residents, including supermarkets, retail outlets, restaurants, and cafes. The community also features several parks and green spaces, as well as sports facilities and playgrounds for children.
There are several schools in and around Damac Lagoons, including Gems Metropole School and Jebel Ali School. These schools offer high-quality education to students of all ages, from pre-school to secondary school.
The healthcare needs of residents in Damac Lagoons are catered to by several hospitals and clinics in the surrounding areas, including the Mediclinic Parkview Hospital and Aster Clinic in Arabian Ranches.
Shopping, Dining, and Nightlife
Damac Lagoons is located in the vicinity of several shopping and dining destinations. The community is situated near a range of retail options, including malls, supermarkets, and shops.
For those who love shopping, the area offers various retail destinations such as The Dubai Mall, the largest mall in the world, located about 20 minutes away by car. The mall is home to over 1,300 stores and boasts a vast selection of luxury brands, international retailers, and dining options. Another popular shopping destination is the Dubai Festival City Mall, which offers a wide range of retail options and dining choices.
Dining options in Damac Lagoons cater to a diverse range of cuisines, with a wide selection of restaurants and cafes offering international cuisine, fast food, and local dishes. The community has several cafes and restaurants that offer outdoor seating areas and picturesque views of the surrounding areas.
As for nightlife and entertainment, Damac Lagoons is situated in the vicinity of several entertainment venues, including nightclubs, cinemas, and theaters. There are also numerous bars and lounges located within a short drive of the community.
Beaches Near the area
Damac Lagoons is located in close proximity to some of the most stunning beaches in Dubai. The community is situated a few minutes’ drive away from the beaches of Jumeirah and Dubai Marina. These beaches are known for their pristine waters and beautiful scenery.
One of the most popular beaches near Damac Lagoons is Jumeirah Beach, which is approximately a 20-minute drive away. The beach offers several water activities, including jet skiing, parasailing, and banana boat rides. It also features several restaurants, cafes, and beachside bars.
Another popular beach nearby is Dubai Marina Beach, which is approximately a 15-minute drive from the community. This beach is known for its wide range of water sports activities and lively atmosphere. It also offers several restaurants and cafes along the beachfront.
Leisure Activities and Notable Landmarks
Damac Lagoons is situated close to a range of leisure activities and notable landmarks. For those who enjoy the outdoors, there are several parks, cycling tracks, and walking trails in the vicinity of the community. The Dubai Miracle Garden, one of the world’s largest flower gardens, is also located nearby, providing visitors with a colorful and picturesque setting to explore.
The Dubai Autodrome, a world-class race track, is located a few minutes’ drive from the community, providing motorsports enthusiasts with an exciting destination to visit. Another notable landmark near Damac Lagoons is the Dubai Fountain, a spectacular water and light show located in the heart of Downtown Dubai.
Additionally, there are several golf courses located near the community, including the Trump International Golf Club and the Emirates Golf Club, providing golfers with world-class facilities to enjoy.
In terms of cultural landmarks, the community is situated near the Dubai Opera, a world-renowned venue that hosts various international performances and events throughout the year. The Dubai Museum, a fascinating insight into the history and culture of Dubai, is also located nearby, providing visitors with an immersive experience of the city’s heritage.
Outdoor Activities, Fitness, and Beauty
Damac Lagoons offers a wide range of fitness and outdoor activities to its residents. There are numerous fitness centers and gyms located in the area, including the popular Fitness First, which offers state-of-the-art facilities and classes. In addition, there are many outdoor sports facilities, such as basketball and tennis courts, as well as jogging and cycling tracks for those who enjoy outdoor exercise.
For those looking for beauty and wellness services, there are several options available, including spas, salons, and beauty clinics. Many of these establishments offer a range of services, including massages, facials, and hair and nail treatments.
Nearby Communities
Damac Lagoons is located in the heart of Dubai and is surrounded by several other popular communities. These include Jumeirah Village Circle, Jumeirah Village Triangle, and Dubai Sports City. The area is also in close proximity to the bustling Dubai Marina, which is home to numerous restaurants, shops, and entertainment options.
The transportation options in and around the area are excellent, with easy access to major highways and public transportation. There are several bus and metro stations located nearby, providing easy access to other areas of Dubai.
Conclusion
Damac Lagoons is an excellent place to live or invest in Dubai, offering a wide range of real estate options, top-notch amenities, and convenient transportation options. With its prime location and easy access to major highways and public transportation, the area is ideal for those who want to be close to the action but still enjoy a peaceful and relaxing lifestyle. Whether you are looking for a luxury villa, a spacious townhouse, or a modern apartment, Damac Lagoons has something for everyone.
