Sorrento at DAMAC LagoonsPayment Plan

The payment plan for Sorrento at DAMAC Lagoons is currently to be announced. As details are finalized, prospective buyers can expect a structured payment approach that typically includes a down payment followed by payments during the construction phase and a final payment upon handover. The handover of the properties is scheduled for January 2030, allowing buyers to plan their investments accordingly. While the starting price has not yet been disclosed, interested parties are encouraged to stay updated for forthcoming announcements regarding the payment structure and pricing details. This project, developed by Damac Properties, promises to offer a luxurious living experience in one of Dubai's most sought-after locations.

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.