DAMAC Properties has recently launched Monte Carlo phase 8, the ninth phase of the prestigious DAMAC Lagoons community, which exudes the charm of the French Riviera. The project, presented in Q4 2022, offers a variety of comfortable 2 and 3-storey townhouses with 4 and 5 bedrooms. With its prime location next to the intersection of Sheikh Zayed Bin Hamdan Al Nahyan Street and Hessa St, Monte Carlo in DAMAC Lagoons provides easy access to several highly desired Dubai destinations.
DAMAC Lagoons has recreated the unique and instantly recognizable charm of Monte Carlo phase 8 in its ninth phase, which boasts a modern design with bright white walls, double-height windows, and sleek wooden features. The exposed brick pillars, which pay homage to Monte Carlo’s rich and evolving history, create a striking contrast with the contemporary elements.
The luxurious lifestyle that Monte Carlo Phase 8 offers is not limited to its captivating exterior. The townhouses themselves are designed to provide endless services and a resort-style living experience, making you feel as if you are on a perpetual vacation. Tucked away from the commotion of the city, Monte Carlo is a peaceful haven of serenity, situated in a prime location with access to water lagoons and beaches, complete with top-notch water activities and facilities. It is no surprise that everyone desires to be a part of this prestigious community.
Monte Carlo phase 8 at DAMAC Lagoons offers an array of amenities including an Aqua Opera SchoolHouse Pavilion for concerts, a board game casino pavilion for kids, and a vintage car museum for car enthusiasts. Living in Monte Carlo means enjoying a wealth of resort-style amenities for the entire family. Residents also have access to amenities in other DAMAC Lagoons communities, including Santorini, Costa Brava, and Malta. These include an AR nature island, waterside cafes, an Aqua Wall, and fashion and art boutiques.
Installment | Payment | Milestone |
Down Payment | 20% | On Booking Date |
1st Installment | 5% | Within 3 months from booking date |
2nd Installment | 5% | Within 6 months from booking date |
3rd Installment | 5% | Within 9 months from booking date |
4th Installment | 5% | Within 12 months from booking date |
5th Installment | 10% | On Completion of 40% of the Project |
6th Installment | 10% | On Completion of 50% of the Project |
7th Installment | 5% | On Completion of 60% of the Project |
8th Installment | 5% | On Completion of 70% of the Project |
9th Installment | 5% | On Completion of 80% of the Project |
10th Installment | 5% | On Completion of 90% of the Project |
Final Installments | 20% | On Completion |
Category | Unit Type | Floor Details | Sizes | Type |
4 Bedroom | – | LTH-4G-E | On Request | Townhouse |
5 Bedroom | 5 Bedrooms + Maid | LTH-5G-E | On Request | Townhouse |
There is a 20% down payment at Monte Carlo phase 8 DAMAC Lagoons with an 80/20 payment plan.
The townhouses in the Monte Carlo phase 8, 3 & 4 Bedroom luxury townhouses in Dubai. The sizes of these properties range from 2,275 – 3,380 SqFt.
The completion date of Monte Carlo phase 8 DAMAC Lagoons is Q1 – 2026.
If you’re considering purchasing a townhouse in Monte Carlo for investment purposes and would like to estimate potential rental income, analyzing the indicators in nearby DAMAC Hills could be helpful. Property Finder data for Q4 2022 shows that completed 4-bedroom townhouses in this area generate an impressive average gross yield of 10.2%. Moreover, the starting rental price stands at AED 195,000 (USD 53K) per annum.