Valencia

• Studio, 1 and 2 bedroom apartments from 31 to 118 m2
• In DAMAC Lagoons, a Mediterranean-inspired community in Dubai
• Modern architecture with green areas and water features for relaxing living
• Amphitheater, restaurants, gym, swimming pool, spa and sauna in the community
• Handover in Q1 2029 with 60/40 payment plan and 5% deposit

Summary of Valencia

Valencia is a new apartment project of Damac Properties in the Mediterranean inspired district DAMAC Lagoons in Dubai. The project offers studios, 1 and 2 bedroom apartments with an area of 31 to 118 m2. The starting price is AED 730,000. Handover is scheduled for the first quarter of 2029. Here you buy a property in a community that combines modern architecture with green zones and water features. The project is still in the off-plan phase, allowing you to board at a favourable price. Valencia focuses on end-users and investors who value comfort, style and a relaxed lifestyle. The community is being developed into a lively destination where living, working and leisure come together.

DAMAC Lagoons is one of Dubai’s most dynamic new neighbourhoods. The community is designed around water features and green landscapes, with walking trails, wellness areas and outdoor facilities. Valencia offers a resort-like lifestyle including a swimming pool with floating hammocks, an amphitheatre, restaurants, a multifunctional lounge, a gym, a spa and sauna. You benefit from a growing environment with strong prospects for long-term value increase. The combination of an attractive starting price, a flexible payment plan and a sought-after location makes Valencia interesting for those who want to invest in real estate in Dubai. As a buyer, you are accompanied by a registered real estate agent with RERA licence, so you do not have to contact the developer yourself.

The unit mix at Valencia

Valencia offers apartments with studio, 1 or 2 bedrooms. Floor areas range from 31 to 118 m2, making for different wishes and budgets there is a suitable home. The studios are compact and efficient, ideal for singles or as pied-à-terre. The 1 bedroom apartments offer more space and are suitable for couples or small families. The 2 bedroom apartments are spacious and offer extra comfort for those who need more living space. All homes are designed with attention to functionality and light. The off-plan sale allows you to choose from available units as a buyer and benefit from a favourable entry price.

The apartments are finished with modern materials and a contemporary design. You can choose from different floor plans that are optimized for a pleasant living environment. Large windows provide sufficient daylight and an open feeling. The kitchens are equipped with streamlined cabinetry and worktops, and the bathrooms have a high-quality finish. Each home has a balcony or terrace, depending on the location. The layout is spacious and practical, with sufficient storage space. The apartments are suitable for private accommodation as well as rentals. Due to its location in DAMAC Lagoons, you benefit from a resort-like environment with many amenities. If you want more details, you can download the brochure for all information about the available unit types.

The building and developer Damac Properties

Valencia is part of the larger master community DAMAC Lagoons in Dubai. The community is set up as a Mediterranean-inspired residential area with apartment buildings grouped around green courtyards and water features. The architecture combines clean lines with natural elements, creating a contemporary look. The buildings are designed in such a way that residents take full advantage of view and light. The community has extensive amenities such as an amphitheatre, restaurants, a multifunctional lounge, a gym, a swimming pool, a spa and sauna. There are also walking trails and wellness areas. The public spaces are designed to stimulate meeting and relaxation. You live here in an environment that has been developed for a high-quality lifestyle.

Damac Properties is one of Dubai’s largest and most experienced developers. The company has an extensive track record with iconic projects such as DAMAC Hills and DAMAC Lagoons. Damac is known for high quality homes and innovative communities. With Valencia, Damac is setting up a project that responds to the demand for comfortable and modern living in a resort-like setting. The developer ensures a professional handling of the entire purchase process, from reservation to handover. As a buyer, you can rely on the experience and reliability of Damac Properties. Damac’s projects often have strong demand and good returns. Valencia is a new opportunity to benefit from the growth of DAMAC Lagoons.

DAMAC Lagoons as a place to live

DAMAC Lagoons is a fast-growing residential area in Dubai, located near major roads and attractions. The community is designed around a Mediterranean theme with lots of green and water. You live close to amenities such as shops, restaurants and schools. The neighborhood is easily accessible from major roads, which means you can quickly get to other places in Dubai. Valencia is centrally located within DAMAC Lagoons, with easy access to the common amenities. The area is quiet and safe, ideal for families and professionals. In the near future DAMAC Lagoons will be expanded with additional homes and facilities, which will benefit the value of your property.

From Valencia you’ll be at EXPO 2020 and Global Village by car in about 20 minutes. Al Maktoum International Airport and Dubai Investment Park are approximately 30 minutes’ drive away. For Downtown Dubai and Palm Jumeirah you charge about 30 minutes. Dubai International Airport can be reached in about 35 minutes and Mall of the Emirates in about 25 minutes. Due to its convenient location you are fast at both business centers and relaxation areas. The community also offers sufficient facilities internally, so you don’t always have to take the car. With the planned infrastructure improvements, travel times are expected to decrease further.

How the payment plan works at Valencia

The payment plan for Valencia is divided into 60% during construction and 40% at handover. When booking, you pay a deposit of 5% of the purchase price. The remaining amount of 55% will be paid in instalments during construction, depending on the progress of the project. At handover in Q1 2029, you pay the last part of 40%. This plan offers you the opportunity to spread the investment over the construction period. The exact term schedules are available from the real estate agent. With the off-plan purchase you often benefit from a more favourable price than with handover. It’s important to get through the terms before you make a decision.

As a buyer of a property in Valencia, you will be guided by a registered real estate agent with RERA licence. This real estate agent is registered with the Dubai Land Department and has the right permits to advise you. You don’t have to contact the developer; the real estate agent arranges the communication and guides you throughout the entire process. From booking a unit to signing the purchase agreement and payments, you’re not alone. The real estate agent can also help you obtain funding or arrange the necessary documents. This way the purchase is smooth and transparent. You can trust that you are dealing with a professional party that represents your interests. Please contact us for more information or to plan a viewing.