Damac Properties announces new master community project in Dubai

Damac Properties on Monday launched a new master community project called Damac Lagoons.

The project will be based around the theme of eight different cities spread across the community. The clusters include Venice, Morocco, Santorini, Costa Brava, Nice, Malta, Andalucía and Portofino.

The villas and townhouses will be built around extravagantly large lagoons with white-sanded beaches and each town will have a unique theme with a diverse range of amenities.

Amira Sajwani, general manager of sales and development at Damac Properties, said work on the project is expected to start in Q1 2022 and will complete in October 2024.

“Living here will be akin to escaping to a much-needed holiday, without ever having to leave the comforts of one’s home,”

The Santorini cluster will be the “Central Hub” of the community with a “Fitness & Wellness Zone” equipped with a climbing wall. Residents then can relax by the natural pond or enjoy a movie under the stars at the floating cinema on the water. Here townhouses and villas are strung together by quaint pathways, bicycle tracks and ornamental foliage — all just a walk away from the black sand beach.

Sajwani added,

“The way the government successfully handled Covid-19 and with Expo 2020 taking place, it is very likely that at least one in five to ten people will decide to buy a house here. So demand should outweigh the supply in the market,”

News Source: Khaleej Times