Venice - Off-Plan Project

Lifestyle at Venice
Venice in DAMAC Lagoons is one of 8 clusters in the exclusive community from the leading developer in the UAE, DAMAC Properties. At the moment the whole community of DAMAC Lagoons is under construction with the anticipated date of handover set to be in October 2024. Properties in the Venice cluster, which are inspired by the Italian city of Venice, will include 6-7 bedroom stand alone villas. Property sizes of the Venice villas range from 3,367 sq. ft to a huge 18,217 sq. ft. The real estate in the complex is freehold, which means both local and international investors can purchase a residence here. Each cluster in DAMAC Lagoons has its own themed activity hub, and in the Venice cluster it is the Fun Hub Entertainment Node. Residents will enjoy the gondola rides, water surfing activities, live entertainment arena, waterside cafes and much more, which will all be located within the cluster. The Venice cluster will have narrow streets and enchanting canals, and will border the clusters of Morocco and Santorini.

Location
The Venice cluster in DAMAC Lagoons provides a strategic location in Dubai Golf City with easy access to Sheikh Zayed Bin Hamdan Al Nahyan Street, Emirates Road, Jebel Ali – Ali Hibab Road and Hessa Street. The neighbouring districts of the community include Remraam, Tilal Al Ghaf, DAMAC Hills, Studio City, Dubai Investments Park and Jumeirah Golf Estates. Travel time to Al Maktoum International Airport, which is located closer than Dubai International Airport, takes about a 25-minute drive. The community of DAMAC Lagoons will occupy the same size of territory as the DAMAC Hills community and will have 4 gates, the main one of which will be on Hessa street. The main feature of the project will be a huge artificial lagoon called the Lazy River. The lagoon, which will be in the shape of the letter D, will provide a water park and an entertainment area for all residents to enjoy. Residents of the Venice cluster will also appreciate the various amenities of DAMAC Lagoons such as a floating cinema, yoga hubs, beaches, The Half hub, F&B areas, a water-integrated amphitheater, and much more. In addition, the sand beaches will be located on both sides of the crystal lagoons in the community. Facilities within the neighbourhood infrastructure will comprise a regional shopping center, health facilities, a mosque, K-12 school, a community center, parks and civil facilities such as a police station and a civil defense unit. Residents of the Venice cluster in DAMAC Lagoons will benefit from easy connectivity to other parts of the emirate of Dubai as well as infrastructure including hospitals, schools, shopping malls and different sports and leisure facilities. Within a 10-15 minute drive from the community there is the Aster Medical Center, Park Inn by Radisson hotel, Jebel Ali School, First Avenue Mall, Dubai Autodrome, and Hamdan Sports Complex, just to name a few.

Investment Attractiveness
The Venice cluster in the DAMAC Lagoons community will give residents the opportunity to experience the atmosphere of the floating city of Venice in one of the most prestigious areas of Dubai. The spacious villas are ideally suited for big families with children, which will have easy access to a great number of entertainment & leisure amenities within DAMAC Lagoons. Owners of properties in the community will be able to sell the property on more favourable terms after the completion of the community, which is a profitable investment. The price for villas in the Venice cluster, as well as for real estate in other clusters will only increase as the area is developed. In addition, owners of villas in the Venice cluster will be eligible to apply for a 3-year investor visa or a 5-year UAE Golden Visa, depending on the value of the property. Highly-skilled specialists of Metropolitan Premium Properties will provide you with a full range of services within the entire sphere of real estate. Our agents will help you to choose and buy the most suitable villa for you in the Venice cluster in the sought-after community of DAMAC Lagoons. In addition, our experts will be happy to provide you with property management or resale services on more favorable terms in the future, or whenever you decide to sell.