I've been offered a unit in DAMAC Lagoons off-plan. Prices seem competitive, and the Mediterranean-style concept looks attractive. But it’s still under construction, so I’m a bit hesitant. Is it too early to buy?
I bought in Marbella cluster last year, and I’ve been following the project closely. Honestly, properties in DAMAC Lagoons have some serious long-term potential. Yes, it’s very early days – a lot of the clusters are still being built. But the idea behind the project is strong: a resort-style residential zone with lagoons, beaches, and community hubs inspired by Mediterranean destinations like Nice, Malta, and Venice. We went for a 4BR townhouse because we saw how DAMAC Hills matured – and I expect similar growth here. What’s great is that prices are still low compared to more established communities, and payment plans are spread out over 4–5 years. Of course, you’ll need patience and a long-term view. But for capital appreciation, especially once infrastructure fills in, it could be a hidden gem. Just make sure you understand the phase timelines and developer commitments.
I bought in Marbella cluster last year, and I’ve been following the project closely. Honestly, properties in DAMAC Lagoons have some serious long-term potential. Yes, it’s very early days – a lot of the clusters are still being built. But the idea behind the project is strong: a resort-style residential zone with lagoons, beaches, and community hubs inspired by Mediterranean destinations like Nice, Malta, and Venice. We went for a 4BR townhouse because we saw how DAMAC Hills matured – and I expect similar growth here. What’s great is that prices are still low compared to more established communities, and payment plans are spread out over 4–5 years. Of course, you’ll need patience and a long-term view. But for capital appreciation, especially once infrastructure fills in, it could be a hidden gem. Just make sure you understand the phase timelines and developer commitments.