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Damac Lagoons

Damac Lagoons - Costa Brava (1)

Villa

About the building

Located in Damac Lagoons. Architect — Khatib & Alami.

What the building has

  • Park and landscaping

Where it is

Damac Lagoons

Mediterranean-themed clusters around swimmable lagoons, next to Damac Hills — the water-community answer to the golf community.

  • swimmable lagoon living
  • family townhouses
  • differentiated product

What to check: The gap between a lagoon-frontage plot and one several rows back is the biggest price variable here and it is easy to misread on a masterplan. Establish exactly what your plot faces before paying a waterfront premium.

Full district guide →

Questions and answers about lot NP9-601231

How much is this villa in Damac Lagoons - Costa Brava (1)?

Lot NP9-601231 is priced at AED 480 000, about $131 000. The listing does not state a size, so no price per square foot is given.

Is there a discount on this lot?

There is no recorded price cut: the lot is in the database at the seller's asking price.

What are prices like in Damac Lagoons?

The database holds 29 lots in Damac Lagoons, starting from AED 480 000. The area median is AED 1 332 per sq ft. This lot's size is not stated, so its price per sq ft cannot be compared with the area. 7 lots in the area have a reduced price. The median is taken from listings in our database, not from registered sales.

Damac Lagoons area guide →

Is the property ready or still under construction?

According to the listing, the property is ready.

Can this lot be bought with a mortgage, and what would the payment be?

UAE banks lend on ready homes to both residents and non-residents. For this lot: a resident puts down from 20%, here AED 96 000; a loan of AED 384 000 over 25 years at 3.75–4.99% a year comes to roughly AED 2 000–2 200 a month. A non-resident puts down from 40% (AED 192 000) and pays about AED 1 500–1 700 a month. The bank approves the rate and the amount.

Run your own numbers in the mortgage calculator →

What costs come on top of the price?

The main one is the Dubai Land Department registration fee: 4% of the price, AED 19 200 for this lot. With a mortgage the bank charges for processing and valuation, and the mortgage is registered for a separate fee. I will send the full calculation for this lot on request.

Does buying this lot qualify for a UAE residence visa?

The lot's price is AED 270 000 below the classic threshold for the two-year residence visa (AED 750 000) and AED 1 520 000 short of the Golden Visa, granted from AED 2 000 000. A visa consultant can go through the grounds that remain at this price.

Golden Visa and residence visas →

How do I view the property and get the exact address?

Lots in the database are anonymised: the unit number, exact address and owner's details are not published. Send the lot code NP9-601231 on WhatsApp or Telegram — I will confirm the lot is still for sale, send the full details and arrange a viewing.

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