Damac Lagoons - Mykonos

Key facts

Handover (past)

Q4 2025

Status

Ready

Property types

townhouse

Availability

Sold out

How Damac Lagoons - Mykonos compares

Entry here is AED 2.9M, against a median of AED 1.5M across the 29 priced projects in Damac Lagoons, which puts it above 23 of them and below 5. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q4 2025, alongside 136 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 37 of them in Damac Lagoons.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

Payment plan

Available units

Amenities

• Beach Access
• Landscaped Gardens
• Landscaped Parks
• Shared Pool
• Security
• Children's Play Area

Location

Damac Lagoons - Mykonos sits in Dubai.

Master plan

The developer’s own site plan for Damac Lagoons - Mykonos, showing how the buildings, roads and open space sit together.

What you pay, and when

The launch payment plan was 20% on booking, 40% during construction and 40% at handover. Buying now means a resale from a private owner, on whatever terms the two sides agree.

The Dubai Land Department registration fee is 4% of the purchase price, payable on top: about AED 88,000 at this resale price. That 20% booking payment does not go to Damac Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 2,282 square feet at AED 2,935,000, which works out at AED 1,286 per square foot. Stated sizes run from 2,282 to 2,283 square feet.

Handover and construction

Damac Lagoons - Mykonos handed over in Q4 2025.

Ownership and residency

The 10 year UAE golden visa has a property threshold of AED 2,000,000, and the cheapest resale listed is at or above it, so a resale at that price qualifies on its own.

Who it suits

The development is townhouses in 4 to 5 bedroom layouts. Every layout is 4 bedrooms or more and the site has children's facilities, which is family stock rather than investor stock. The developer has sold out, so anything available here is a resale from a private owner.

What is on site

The shared facilities recorded for Damac Lagoons - Mykonos start with beach access and landscaped parks, alongside the landscaped gardens, shared pool, security and children's play area that most Dubai developments carry. 13 floor plans are published for it.

Frequently asked