
by DAMAC Properties
DAMAC Riverside Lagoons, Dubai, UAE
Developer
DAMAC Properties
Payment Plan
50 - 50%
Booking - Construction - Handover
About the Project
Two of Dubai's most talked-about waterfront addresses are now within unusually easy reach. Across DAMAC Lagoons and DAMAC Riverside, a limited-time package pairs a full 4% DLD waiver with a further 4% discount and a 50/50 payment plan β bringing monthly payments down to around AED 3,150, and studios to as little as AED 1,950 a month.
An 8% head start on a waterfront home The headline of this campaign is the stack of savings. Eligible buyers pay none of the usual 4% Dubai Land Department fee, and receive a further 4% off the price β together a potential 8% saving on qualifying homes. On a AED 2 million property that is roughly AED 160,000 kept in your pocket, before you have even factored in the payment plan.
Figures are illustrative and depend on the unit and prevailing terms. Payments built around your timeline Selected homes are offered on a 50/50 plan: half across the construction schedule, half at handover. That structure is what turns a branded waterfront home into an advertised AED 3,150 a month β and a studio into roughly AED 1,950.
It lets buyers line their outgoings up with the build rather than front-loading capital. Two waterfronts, two moods DAMAC Lagoons is the Mediterranean one β crystal lagoons, sandy beach-style spaces, swimming, sports and family leisure woven through a resort-style masterplan across Portofino, Nice, Venice and more. DAMAC Riverside is the calmer sibling: a river-inspired community in Dubai Investments Park with a landscaped promenade, wellness and fitness spaces, and some of the most affordable branded-waterfront apartments in the city.
Who it's for The low monthly entry suits first-time buyers and young professionals; the freehold ownership and payment flexibility suit international investors; and the resort-grade amenities suit families who want a community rather than just an apartment. Studios in particular open the door for buyers targeting Dubai's waterfront rental demand at a lower initial commitment. Before you book Confirm eligibility for both the DLD waiver and the 4% discount and whether they combine on your chosen unit; get the exact 50/50 schedule, monthly instalment, booking and registration costs, service charges and handover payment in writing; and check current availability and the campaign's validity, as inventory and terms can change.
Why This Project
DAMAC Lagoons is a 45-million-sq-ft Mediterranean-themed lagoon community in Dubailand; DAMAC Riverside is a waterfront community in Dubai Investments Park with strong links via Emirates Road to Expo City and Al Maktoum International Airport.
7-9%
Est. Rental Yield
12-15%
Capital Growth
90%+
Occupancy Rate
LIFESTYLE
Common Questions
Eligible homes across DAMAC Lagoons and DAMAC Riverside may qualify for a 4% DLD waiver plus an additional 4% discount, with selected units on a 50/50 payment plan.
Selected properties are advertised from around AED 3,150 per month, and selected studios from approximately AED 1,950 per month, subject to unit, schedule and terms.
You pay 50% across the construction-stage schedule and the remaining 50% at handover, subject to the specific unit's payment schedule.
The combined 4% DLD waiver and 4% discount can total roughly 8% β about AED 160,000 on a AED 2 million home. This is illustrative and depends on the unit and applicable terms.
Lagoons is Mediterranean and resort-inspired with beaches and crystal lagoons; Riverside is a calmer, greener riverside community. The offer applies across both.
Eligibility for both incentives and whether they combine, the exact 50/50 schedule and monthly instalment, booking and registration costs, service charges, handover payment, and current availability and campaign validity.
Developer
DAMAC Properties is a leading real estate developer in the UAE, known for delivering iconic residential and commercial projects across prime locations in Dubai.
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DAMAC Riverside Lagoons
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