Valencia

Key facts

Handover

Q1 2029

Status

Under construction

Construction progress

0%

Property types

Apartments

Availability

Available

How Valencia compares

Entry here is AED 1.3M, against a median of AED 1.9M across the 4 priced projects in Damac Lagoons, which puts it above 1 of them and below 2. The plan opens at 5% down, against a Dubai median of 20%, so it asks 15% less up front than the typical plan. Handover lands in Q1 2029, alongside 49 other projects completing in the same quarter. DAMAC has 29 projects in our catalogue, 5 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

• Climat-cooling Water Canopy
• Smart Pop-up Retail Capsules
• Outdoor Yoga
• Outdoor Spa
• Flamenco Stage
• Outdoor Cinema
• Mediterranean Style Lounge
• Swimming Pool
• Floating Pots
• Gym
• Aqua Gym
• Lagoon Night Amphitheatre

Location

Valencia sits in Damac Lagoons.

Master plan

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

What you pay, and when

Payments are staged 5% on booking, 55% during construction and 40% at handover. At the AED 1,290,000 entry price, that is AED 65,000 to reserve a unit, AED 710,000 across the build, and AED 516,000 due on completion.

On top of the price, the Dubai Land Department charges 4% to register the sale, about AED 52,000 at this entry price. That 5% booking payment is not paid to DAMAC directly: Dubai's Law 8 of 2007 requires a registered project to hold 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 785 square feet at AED 1,290,000, which works out at AED 1,643 per square foot. Stated sizes run from 785 to 1,418 square feet.

Handover and construction

The published handover date is Q1 2029. Construction was last recorded at 0% complete.

Ownership and residency

The 10 year UAE golden visa has a property threshold of AED 2,000,000, which the entry price does not reach.

Who it suits

The development is Apartments in 1 to 2 bedroom layouts.

What is on site

Valencia records climat-cooling water canopy, smart pop-up retail capsules, outdoor yoga, outdoor spa, flamenco stage, outdoor cinema, mediterranean style lounge and swimming pool among its shared facilities. 4 further facilities are listed in the full spec. The development is 102 units in total. 51 floor plans are published for it.

Frequently asked