Lagoons (Venice)

AL HEBIAH FOURTH Part 5 · Damac · Updated 07.04.2023
Damac

Highlights

Developer rating
Reliable
Building rating ?
C+
handover
Q4-2025
Area from
4066 ft²
price from
4900000 AED
floors
2
Venice in DAMAC Lagoons is one of 8 clusters in the exclusive community from the leading developer DAMAC Properties. Properties in the Venice cluster, which are inspired by the Italian city of Venice, will include 6-7 bedroom stand alone villas.

Each cluster in DAMAC Lagoons has its own themed activity hub, and in the Venice cluster it is the Fun Hub Entertainment Node. Residents will enjoy the gondola rides, water surfing activities, live entertainment arena, waterside cafes and much more, which will all be located within the cluster. The Venice cluster will have narrow streets and enchanting canals, and will border the clusters of Morocco and Santorini.
Conditions for the unit resale
  • The minimum amount of payment
    for subsequent resale
    30%+4% DLD
  • The payment plan
    Transferable
Non-profit service
  • Dubai ID*
  • Bank account*
Furniture
Kitchen + kitchen appliances + bathroom fittings
Convenience and security
- Floating cinema
- Yoga hubs
- Beaches
- The Half hub
- F&B areas
- Water-integrated amphitheater
Availability of greenery and water
  • Greenery
  • Water
Accessibility by car
  • DIFC
    35 minutes
  • Burj Khalifa
    29 minutes
  • Palm Jumeirah
    25 minutes
  • Dubai Marina
    26 minutes
  • Dubai Mall
    26 minutes
  • Meydan Racecourse
    29 minutes
  • Ras Al Khor Wildlife Sanctuary
    26 minutes
  • Dubai International Airport
    36 minutes
Realiste AI ratings
Building class
Economy class
344 place of 365 Projects
Price affordability
Very affordable
110 place of 358 Projects
Price compared to area average
Same
228 place of 354 Projects
Developer rating
Reliable
140 place of 330 Projects
Average price sqft
High price
300 place of 362 Projects
Building attractivenes in area
Not attractive
244 place of 364 Projects
Development level
Low developed
360 place of 363 Projects
Forecast for 3 years
Low growth
325 place of 362 Projects
Realiste Choice
Low potential
363 place of 365 Projects
Economy
Middle
Luxury
Building class
Price affordability
Price compared to area average
Developer rating
Average price sqft
Building attractivenes in area
Development level
Forecast for 3 years
Realiste Choice
Building class
344 place of 365
Economy
70%
Luxury
Price affordability
110 place of 358
Very affordable
344 USD/ft2
Not affordable

Location and infrastructure

Highlights of Lagoons (Venice)

  • City: Dubai
  • Project: Lagoons (Venice)
  • Building class: 70% - Economy
  • Price affordability: 344 USD/ft2 - Very affordable
  • Price compared to area average: 15.5% - Same
  • Developer rating: 9 - Reliable
  • Average price sqft: 298 USD/ft2 - High price
  • Building attractivenes in area: 0.5 - Not attractive
  • Development level: 0.5% - Low developed
  • Forecast for 3 years: +7.2% - Low growth
  • Realiste Choice: 199 - Low potential

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