Santorini Phase 3 Damac Lagoons
Dubai · Damac Lagoons · Santorini
Listed handover date has passed. Availability and timeline should be confirmed with us before relying on it.
Santorini Phase 3 Damac Lagoons is a townhouse and villa development by Damac Properties in Dubai. Homes are 3 to 6 bedroom townhouses and villas. The development is complete, with handover recorded for Q3 2025.
Key facts
- Handover (past)
- Q3 2025
- Status
- Ready
- Property types
- townhouse, villa
- Availability
- Limited availability, confirm with us
How Santorini Phase 3 Damac Lagoons compares
Santorini holds 3 off-plan projects, with a median entry price of AED 2.2M. The plan opens at 5% down, against a Dubai median of 10%, so it asks 5% less up front than the typical plan. Handover lands in Q3 2025, alongside 67 other projects completing in the same quarter. Damac Properties has 167 projects in our catalogue, 3 of them in Santorini.
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
Standard
5%
Down payment
61%
During construction
4%
On handover
30%
after handover
During construction, in three instalments
- 1 month from booking10%
- 12 months from booking16%
- 33 months from booking35%
after handover, in two instalments
- 18 months from booking24%
- 42 months from booking6%
Available units
| Type | Area (sqft) | Layouts | Starting price |
|---|---|---|---|
| 3 bedroom | On request | 1 | On request |
| 4 bedroom | On request | 1 | On request |
| 5 bedroom | On request | 1 | On request |
| 6 bedroom | On request | 1 | On request |
Amenities
- Gymnasium
- Indoor Swimming Pool
- Jacuzzi & Steam
- Cinema
- Shared Spa
- Security
- View of Water
- Barbecue Area
Location
Santorini Phase 3 Damac Lagoons sits in Dubai.
Distance to landmarks (straight line)
- Expo City Dubai11 km
- Dubai Marina12 km
- Al Maktoum International Airport (DWC)16 km
- Business Bay19 km
Straight-line distance from the project's coordinates, not a drive time.
Master plan
The developer’s own site plan for Santorini Phase 3 Damac Lagoons, showing how the buildings, roads and open space sit together.
What you pay, and when
The payment plan published for it runs 5% on booking, 61% during construction, 4% at handover and 30% after handover. The 61% due during construction falls in three instalments of 10% to 35%, at 1, 12 and 33 months from booking.
Dubai Land Department registration is charged at 4% of the purchase price on top. Under Dubai's Law 8 of 2007 buyer payments are not paid to the developer directly: a registered project holds them in an escrow account supervised by RERA, released against certified construction progress.
Handover and construction
Handover at Santorini Phase 3 Damac Lagoons was recorded for Q3 2025.
Who it suits
The development is townhouses and villas in 3 to 6 bedroom layouts. Every layout is 3 bedrooms or more, which is family stock rather than the studio end of the market.
What is on site
Shared facilities recorded for Santorini Phase 3 Damac Lagoons lead with jacuzzi & steam, cinema, shared spa and view of water, alongside the gymnasium, indoor swimming pool, security and barbecue area that most Dubai developments carry.
Frequently asked
When does Santorini Phase 3 Damac Lagoons hand over?+
Santorini Phase 3 Damac Lagoons is complete, with handover recorded for Q3 2025.
What is the payment plan at Santorini Phase 3 Damac Lagoons?+
The published plan at Santorini Phase 3 Damac Lagoons is 5% on booking, 61% during construction, 4% at handover and 30% after handover. The 61% due during construction falls in three instalments, at 1, 12 and 33 months from booking.
What sizes are available at Santorini Phase 3 Damac Lagoons?+
Santorini Phase 3 Damac Lagoons is townhouses and villas in 3 to 6 bedroom layouts.
Which community is Santorini Phase 3 Damac Lagoons in?+
Santorini Phase 3 Damac Lagoons is in Dubai. We track 3 projects in Santorini.
Who is building Santorini Phase 3 Damac Lagoons?+
Santorini Phase 3 Damac Lagoons is developed by Damac Properties, who have 167 projects in our catalogue.
Before you commit
Ask about Santorini Phase 3 Damac Lagoons
Your advisor
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Related off-plan projects
Others in Santorini, then more from Damac Properties.
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Santorini Phase 3 Damac Lagoons is an off-plan development by Damac Properties in Dubai. See more Damac Properties projects or all 3 off-plan projects in Santorini. Developer data, verified by our team on 1 Sept 2026. Confirm current details with us before making a decision.