Mykonos at Damac Lagoons

DAMAC Lagoons Mykonos Townhouses in Dubai

Introducing Lagoons Mykonos, the newest addition to Damac Lagoons in Dubai, presenting an array of exquisite 4 and 5-bedroom townhouses by Damac Properties. As of Q2 2023, the starting price for a four-bedroom townhouse with a generous plot area of approximately 2,282 sq. ft. begins at AED 2.5 million (USD 680K). For those seeking more space, a five-bedroom townhouse spanning 3,300 sq. ft. is available for purchase at AED 3.3 million (USD 900K).

Mediterranean-inspired townhouses in Dubai

Mykonos by Damac Lagoon is a luxurious residential development located in the heart of Dubai, United Arab Emirates. Mykonos brings cycladic architectural elements to life with a contemporary feel, including clean lines and earthy bohemian exteriors, which perfectly embolden the community’s natural beauty. This stunning property offers a unique blend of mediterranean-inspired architecture and modern amenities, making it a perfect choice for those who seek a lifestyle of sophistication and comfort. This residential development is situated close to Damac Hills, with eight clusters representing some of the most vibrant destinations in the world.

Unparalleled quality of life 

The property boasts of spacious apartments that come in various sizes, ranging from 4-5 bedroom townhouses, all of which are elegantly designed and furnished with high-quality fixtures and fittings. Each townhouse offers stunning views of the surrounding community and features an open-plan living and dining area, a fully-equipped kitchen, en-suite bedrooms, and private balconies. 

Luxury townhouse in Damac Lagoons

Residents of Mykonos by Damac Lagoons can enjoy a wide range of exclusive amenities. These will include an open-air Glow Lounge, ideal for trying cocktails with your close ones, the Windmill Park, which is the best place for entertaining with children, as well as the Beach Club, Paradise Beach, Luxury Pool Floats and Volcanic Stones Park. The Windmill and Volcanic Stones Landscape Parks are the standout characteristic of this community, providing a remarkable ambiance reminiscent of the Mykonos resort island. These parks feature winding paths that offer ample room for a delightful stroll with your little ones.

Master-Planned Community

Mykonos brings cycladic architectural elements to life with a contemporary feel, including clean lines and earthy bohemian exteriors, which perfectly embolden the community’s natural beauty. Nestled within 45 million square feet of crystal-clear lagoons, pristine white sandy beaches, and tropical island-inspired ambiance, Damac Lagoons’ Mykonos is a true sanctuary where outstanding architectural design blends with unparalleled amenities that transform everyday living into a vacation-like experience.

Nearby Attractions

• 05 Minutes: Jebel Ali School
• 10 Minutes: Dubai Polo & Equestrian Club
• 12 Minutes: Dubai Autodrome​
• 13 Minutes: Dubai Miracle Garden
• 14 Minutes: Dubai International Stadium
• 14 Minutes: City Centre Me’aisem

Floor Plan

Payment Plan

• 20% Down Payment – On Booking Date
• 60% During Construction – Easy Installments
• 20% On Handover – 100% Completion

Documentation Requirement for Booking?

The specific documentation requirements for booking at Mykonos Damac Lagoons may vary, but generally, the following documents are commonly required:

1. Valid Passport: A copy of your valid passport is typically requested as proof of identity.

2. Visa Documents: Depending on your residency status in the UAE, you may be required to provide relevant visa documents, such as a copy of your residence visa or entry permit.

3. Emirates ID: If applicable, a copy of your Emirates ID (Emirates Identity Card) may be required.

4. Proof of Contact: You might be asked to provide a document showing your current residential address, such as a utility bill or tenancy agreement.

5. Booking Form: Fill out the booking form provided by the developer or their authorized sales agent, including personal details and property preferences.

6. Booking Fee: Pay the required booking fee as per the terms provided by the developer.

7. Proof of Funds: Provide evidence of your financial capability to proceed with the property purchase, which may include bank statements, investment portfolios, or other financial documents.

FAQs

Where is Mykonos located?

Mykonos Damac Lagoons is located in the neighboring DAMAC Hills development, located across Hessa Street.

What kinds of properties can you buy in Mykonos?

You can buy 4-5 bedroom townhouses at Damac Lagoons Mykonos, which are exclusively designed to offer all kinds of comfort and elegance, redefining your lifestyle.

When will Mykonos be finished?

Mykonos Damac Lagoons will be completed in June 2026.

Is it located in a gated community ?

Mykonos represents a distinctive cluster within the expansive gated community of DAMAC Lagoons, a grand-scale residential project comprising multiple clusters.

What are the payment options for buying property in Mykonos?

Damac Lagoons Mykonos offers convenient and attractive payment options, allowing for an 80/20 payment plan, during the initial phases of construction.

What type of visa do you get by owning property in Mykonos?

Residents who buy a spacious-sized townhouse within the Mykonos cluster will have the opportunity to apply for a 10-year Golden Visa, enabling family sponsorship.

What are the Installments Plan available for Mykonos ?

The developer presents an attractive package, including a substantial discount and an interest-free installment plan, allowing payments to be spread over multiple years. As per the payment schedule, 80% of the total amount is transferred during the construction phase, while the remaining 20% is due upon completion. The down payment required is 20%.

Can Expats buy property in Mykonos?

Expats who invest in domestic real estate are eligible for a five-year UAE Golden Visa.

Is it a good investment to buy a townhouse in Mykonos?

Acquiring real estate in Mykonos, crafted by the esteemed developer DAMAC Properties, assures the utmost excellence in both the project and its services. Moreover, the developer provides highly advantageous terms and payment plans, including an 80/20 scheme during the initial stages of construction, making it a lucrative investment opportunity. As the master community of DAMAC Lagoons approaches its completion, the value of residences is expected to rise steadily, further enhancing the profitability of this investment.

Who is the Brand Ambassador of Damac properties ?

Wissame Kibou is the brand ambassador of DAMAC Properties.

What are the Unique Feature Damac Properties offered at Mykonos Townhouses?

Mykonos DAMAC Lagoon offers a distinctive selection of meticulously designed 4 and 5-bedroom townhouses, boasting unparalleled features. Nestled amidst azure blue lagoons and pristine white sandy beaches, it exudes a captivating tropical island ambiance, providing enchanting experiences. The community showcases world-class amenities, ensuring an exceptional living environment. With attractive and flexible payment plans, investing in Mykonos becomes even more appealing. Residents can enjoy waterside cafes reminiscent of gondola rides, as well as indulge in a variety of waterside boutiques, shopping, and dining venues.

Is there a possibility for a high return on investment with Mykonos Townhouses?

Typically, the ROI in Damac Lagoons is within the 5-7% range.

What type of security system is implemented in the Mykonos Project?

Yes, all DAMAC Lagoons projects have stringent security systems implemented.

Is it a smart investment to buy property in DAMAC Lagoons Mykonos?

“Mykonos by Damac Lagoons” is an exceptional property that offers a unique combination of greek-inspired design, modern amenities, and prime location. It is an excellent investment opportunity for those looking to own a luxurious home in one of Dubai’s most prestigious neighborhoods.

How much does it cost to buy property in DAMAC Lagoons Mykonos?

As of Q2 2023, the starting price for a four-bedroom townhouse with a total plot area of approximately 2,282 sq. ft. begins at AED 2.5 million (USD 680K). Should you desire a five-bedroom townhouse with a larger area of 3,300 sq. ft., it can be acquired for AED 3.3 million (USD 900K).

What schools are near DAMAC Lagoons Mykonos?

Mykonos Damac Lagoons benefit from a range of excellent educational institutions in close proximity. These include The Wonder Years Nursery, Blossom Mudon Nursery, Jebel Ali School, GEMS Metropole School, and Fairgreen International School.

What are the transportation options available in DAMAC Lagoons Mykonos?

Mykonos Damac Lagoons offer swift connections to prominent city destinations, With convenient access to key highways like Emirates Road, Mohammed Bin Zayed Road, and Al Khail Road. Enjoying a short drive, Dubai Marina, Business Bay, and Downtown Dubai are all within a 30-minute car journey from the community.

Is DAMAC Lagoons Mykonos a good place for families to live in?

Mykonos townhouses are gracefully arranged along a picturesque, swimmable lagoon with crystal-clear blue waters. Enhancing the vibrant atmosphere, you’ll find inviting bars, beach clubs, and even a beautifully landscaped park featuring an iconic windmill, all meticulously designed to recreate the unique summer party ambiance of Mykonos Island. This exceptional setting makes Mykonos Damac Lagoons an ideal place for families to call home.