Studios from AED 725,000 inside one of Dubai's most-transacted lifestyle communities. DAMAC Valencia is a 779-unit residential cluster within the new DAMAC Lagoons District a 24/7 live-work-play destination launched in February 2026, anchored by DAMAC Mall and built around crystal lagoons. Studios, 1-bedroom, and 2-bedroom apartments deliver Mediterranean architecture, resort-style amenities, and a 60/40 payment plan with just 5% on booking. Handover is set for March 2029. The entry price is the lowest in DAMAC Lagoons. The amenity bar is the highest.
DAMAC Valencia is a 779-unit residential development inside the newly launched DAMAC Lagoons District, set within the wider DAMAC Lagoons master community in Dubailand. The project covers four mid-rise buildings with a G+2P+13F structure, offering studios, 1-bedroom, and 2-bedroom apartments. DAMAC Properties is the largest private real estate developer in the UAE and the Middle East, with more than 28,000 units delivered across 35 projects. The Q1 2026 sales report exceeded AED 4.5 billion. DAMAC Lagoons District itself was unveiled in February 2026 at the Coca-Cola Arena a 24/7 live-work-play destination anchored by DAMAC Mall and activated by water, culture, and community programming. Valencia is the first apartment cluster within this new district.
Unit sizes start from 379 sq.ft for studios and run up to 1,250 sq.ft for 2-bedroom apartments. Layouts emphasise efficient space planning, natural light, and private outdoor areas. Every unit features a deep, usable balcony designed as an extension of the living room angled to catch the golden hour light across the lagoon. Interior design draws from Italian coastal living with rustic textures, soft lighting, and artisanal décor. Floor-to-ceiling windows pull daylight deep into open-plan kitchens and living spaces. The four mid-rise towers keep upper-floor units in clear sightline of the lagoon and DAMAC Mall, while ground-level access connects directly to the boardwalk and the master plan's pedestrian network.
DAMAC Lagoons covers over 1,033 acres in Dubailand one of Dubai's largest and most-transacted master communities. The new DAMAC Lagoons District embedded within it is built around a human-centric public realm: an Interactive Digital Boardwalk with LED paving and smart benches, a Floating Digital Art Gallery with projections that drift across the water, Smart Pop-Up Retail Capsules that refresh week by week, and a Mall-to-Lagoon Experience Bridge with sensory transitions. The Flamenco Stage is a purpose-built performance venue with sculptural lighting. The district is conceptually designed to help working parents reclaim up to 20% more time by placing home, work, retail, wellness, and community within a short walk.
Valencia residents have direct access to crystal lagoons, lagoon-facing infinity pools, water sports zones, splash pools, and a waterside café. The wider community amenity offer is broader still: cycling tracks, jogging parks, a BMX arena, skate park, fitness and wellness zones, and a dedicated clubhouse hosting live cultural performances and flamenco-themed events. For families: Global Indian International School is 16 minutes away, and Mediclinic Parkview Hospital is 12 minutes out. Saudi German Clinic is 10 minutes from the building. DAMAC Mall sits 8 minutes by car. Units valued at AED 2 million or above qualify buyers for the UAE's 10-Year Golden Visa a relevant threshold for the larger 2-bedroom configurations.
DAMAC Lagoons currently records gross rental yields of approximately 9% to 11% based on achieved lease levels and Valencia 1-bedroom apartments are tracking 7.2–7.8% gross at launch, outperforming larger 3–4 bedroom townhouses in the same community at 5.5–6.3%. Secondary-market performance data shows average ROI around 47% over a three-year hold, rising to roughly 69% for projects approaching handover. Service charges run AED 14–18 per sq.ft to maintain the lagoon water quality and resort-grade landscaping. Capital growth across similar DAMAC clusters has run 50–80% over five to seven years. There is 0% capital gains tax and 0% income tax on rental returns. The 5% booking and 60/40 plan keeps initial capital exposure unusually low for an early-launch unit.
Valencia operates on a 60/40 plan with a 5% booking deposit. Buyers pay 5% on booking, 15% within 30 days, and the remaining 40% spread across construction milestones at 20%, 30%, 50%, and 70% completion. The final 40% balance is due on handover in March 2029. The 5% entry threshold is the lowest in the DAMAC Lagoons community at this size of unit, and gives end-users and NRI investors more than three years of staged payments to deploy capital gradually. Five percent secures the unit and the launch price.
Valencia launched at the Coca-Cola Arena in February 2026 with 779 units across four mid-rise towers. Studios at AED 725K with crystal lagoon access and direct DAMAC Mall connectivity will not stay at this price as construction progresses. March 2029 handover gives buyers three years of staged payments before possession and three years for the surrounding DAMAC Lagoons District to fully activate. Speak to the Dubai Housing team now to confirm current availability and lock in your unit at launch pricing
DAMAC Valencia offers studios, 1-bedroom, and 2-bedroom apartments starting from 379 sq.ft, all featuring deep balconies angled to catch the golden hour light across the lagoon, floor-to-ceiling windows, and Mediterranean-inspired interiors with rustic textures and artisanal détailing.



Valencia's amenity offer combines the in-cluster experience with the wider DAMAC Lagoons District. On-site: lagoon-facing infinity pools, splash pools, a waterside café, fitness and wellness zones, and a clubhouse anchoring live cultural and flamenco-themed events. District-wide: crystal lagoons, an Interactive Digital Boardwalk, Floating Digital Art Gallery, Smart Pop-Up Retail Capsules, a Mall-to-Lagoon Experience Bridge, the Flamenco Stage, cycling and jogging tracks, BMX and skate facilities, water sports zones, and direct retail access via DAMAC Mall. The four-tower 779-unit cluster keeps amenity access manageable compared to single-tower high-rises with double the unit count.
DAMAC Valencia sits within the DAMAC Lagoons District, embedded inside the wider DAMAC Lagoons master community in Dubailand. The community covers over 1,033 acres, positioned directly across from DAMAC Hills 1 along Hessa Street (D61) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54). Emirates Road (E611) and Sheikh Mohammed Bin Zayed Road (E311) connect the area to the wider Dubai highway network. The district itself is mall-anchored, with DAMAC Mall sitting 8 minutes from the project and the internal pedestrian network connects retail, lagoon, and residential clusters within a walkable footprint. Jumeirah Golf Estates Metro Station 1 is the closest metro at 15 minutes by car. Al Maktoum International Airport is 30 minutes away. DAMAC Lagoons has recorded over three years of consistent transaction activity, with secondary-market ROI averaging 47% over a three-year hold and rising to 69% for projects approaching handover.
Content Reviewed By: Vikas Taneja — RERA Certified Broker (BRN: 82127), Honey Money Real Estates L.L.C. (ORN: 28658). Advising HNI and NRI buyers on Dubai off-plan and ready property, with direct transaction experience across Downtown Dubai, Dubai Creek Harbour, MBR City, Sobha Hartland, The Valley, and Dubailand communities.
Company Authority: Honey Money Real Estates L.L.C. is a DLD-registered brokerage (ORN:28658) operating under Dubai’s Real Estate Regulatory Agency (RERA). All project data on this page is cross-checked against the developer’s official documentation and DLD records. Pricing and availability are market-indicative at the time of review and subject to change.
DAMAC Valencia sits within the DAMAC Lagoons District in Dubailand directly across from DAMAC Hills 1, along Hessa Street (D61) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54). The project is 8 minutes from DAMAC Mall, 15 minutes from Jumeirah Golf Estates Metro Station 1, and 30 minutes from Al Maktoum International Airport.
DAMAC Valencia offers studios, 1-bedroom, and 2-bedroom apartments across four mid-rise G+2P+13F towers 779 units in total. Sizes start from 379 sq.ft for studios. Every home features a deep balcony designed as an extension of the living room, floor-to-ceiling windows, and Mediterranean-inspired interior finishes.
You can book a unit in DAMAC Valencia with just 5% down. Starting prices begin at AED 725,000 for a studio, AED 1.30 million for a 1-bedroom, and AED 1.84 million for a 2-bedroom apartment. Contact the Dubai Housing team for current unit availability and explore more apartments in DAMAC Lagoons on our community page.
Valencia follows a 60/40 plan with a 5% booking deposit. You pay 5% on booking, 15% within 30 days, and the remaining 40% across construction milestones at 20%, 30%, 50%, and 70% completion. The final 40% balance is due on handover in March 2029. That structure spreads more than half the purchase price across construction with only 5% required to secure your unit at launch pricing.
DAMAC Valencia is scheduled for handover in March 2029. DAMAC Properties has delivered more than 28,000 units across 35 completed projects. The 60/40 milestone-linked plan locks the construction schedule into contractual stages, giving buyers clear visibility on progress through to completion.
Yes - units at DAMAC Valencia valued at AED 2 million or above qualify buyers for the UAE's 10-Year Golden Visa. With 2-bedroom apartments starting at AED 1.84 million, the upper-band 2BR configurations cross the AED 2M threshold for Golden Visa eligibility. Confirm the specific unit value with the Dubai Housing team before booking.
Valencia combines four investment fundamentals: a developer with 28,000+ units delivered (DAMAC Properties); a master community recording 9–11% gross rental yields on achieved lease levels; secondary-market data showing 47% average ROI over a three-year hold rising to 69% near handover; and the lowest entry price in DAMAC Lagoons at AED 725K. Add 0% capital gains tax, 0% rental income tax, and a 5% booking that spreads the 60/40 plan across three years and the case is strong. Browse more apartments at DAMAC Lagoons at dubaihousing-ae.com/our-communities/damac-lagoons.
Limited Period: Free DLD Waiver on select units