by Damac Properties
Lagoons VenicePayment Plan
DAMAC Lagoons, Dubai, UAE
Developer
Damac Properties
Starting Price
AED 4,900,000
Unit Types
6-7 BR · Unit Type LV-3E · Unit Type LV-4E · Unit Type V1000 · Unit Type V55 · Unit Type V75 · Unit Type VD1
Size Range
4,066 - 24,752 sqft
378 - 2,299 sqm
Handover
Q4 2025
Lagoons Venice Payment Plan & Buyer Costs
Lagoons Venice by Damac Properties is sold on a construction-linked payment plan, a down payment on booking, staged instalments during construction, and the balance on handover (targeted for Q4 2025). All payments are held in a RERA-regulated escrow account that protects your funds throughout the build.
Beyond the purchase price, budget for the one-time Dubai Land Department fee (4%), the Oqood off-plan registration (around AED 3,000) and standard agency fees. Dubai charges no annual property tax and no capital-gains tax, so investment returns are kept in full.
Starting Price
4,900,000AED 4,900,000
Payment Plan
On Booking
20%
Down Payment
AED 980,000
During Construction
48%
Progress-linked installments
AED 2,352,000
On Handover
32%
Balance on completion
AED 1,568,000
Accepted Methods
Units Information
Unit Types
6-7 BR, Unit Type LV-3E, Unit Type LV-4E, Unit Type V1000, Unit Type V55, Unit Type V75, Unit Type VD1
Size Range
4,066 - 24,752 sqft
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4,900,000AED 4,900,000
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Project Details
Buyer's Guide & Resources
Essential reading for property buyers in Dubai
How to Buy Property in Dubai
Step-by-step: from RERA agent to title deed in 30 days
Golden Visa Through Property
AED 2M threshold, eligibility and family inclusion
Off-Plan vs Ready Properties
Pros, cons and decision matrix for each type
DLD Fees Explained
The real all-in cost beyond the 4% headline
Title Deed vs Oqood
Why this difference matters for resale and visa
Buying as a Non-Resident
Power of attorney, financing and timelines explained