Mykonos (DAMAC Lagoons)
Off-PlanDubai

DAMAC Properties · Dubai

Mykonos (DAMAC Lagoons)

DAMAC Lagoons, Dubai (Hessa Street, opposite DAMAC Hills)

Bedrooms

4 – 5 Bed

Type

Townhouse

Payment Plan

20% deposit, 11 quarterly installments to 33 months, 3 completion milestones, 20% on completion

Handover

Confirm exact date with a PropSentral advisor

Payment Plan

Deposit

Immediate

20%

1st–11th Installments (5% each)

Every 3 months, within 3–33 months of sale date

55%

70% / 80% / 90% Completion Milestones

On 70%, 80% and 90% of completion

5%

Final Installment

On Completion

20%
Total100%

Amounts are indicative based on starting price. Developer contract sets the exact instalment schedule.

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4 Bedroom Townhouse (LTH-4J-M)

From AED 2.47M

5 Bedroom Townhouse (LTH-5J-E)

From AED 3.28M

Masterplan

DAMAC Lagoons (8 clusters)

Location

Hessa Street, opposite DAMAC Hills

Unit Sizes

4 Bedroom Townhouse (LTH-4J-M)From AED 2.47M
5 Bedroom Townhouse (LTH-5J-E)From AED 3.28M

At a Glance

  • "Live the life you love" — Greek-island-inspired townhouse cluster, one of DAMAC Lagoons’ 8 Mediterranean-themed clusters
  • Cream-and-terracotta facades draped in bougainvillea
  • 4-Bedroom (LTH-4J-M) from AED 2.47M, 5-Bedroom (LTH-5J-E) from AED 3.28M
  • 20% deposit + 11 quarterly 5% installments + 3 completion milestones + 20% on completion
  • DAMAC Lagoons sits on Hessa Street, directly opposite the DAMAC Hills community
  • 28 minutes to Al Maktoum International Airport, 24 minutes to Mall of the Emirates
  • RERA Permit No: 1715135334

About this project

"Live the life you love" — Mykonos is a Greek-island-inspired townhouse cluster within DAMAC Lagoons, one of eight Mediterranean-themed clusters in the masterplan, with cream-and-terracotta facades draped in bougainvillea. Two unit types — 4-Bedroom (LTH-4J-M) from AED 2.47M and 5-Bedroom (LTH-5J-E) from AED 3.28M — spread across a large cluster of roughly 350 plots. DAMAC Lagoons itself sits on Hessa Street, directly opposite the DAMAC Hills community, within 28 minutes of Al Maktoum International Airport. Ask a PropSentral advisor for current availability and pricing.

Interior, fully-furnished — click to enlarge

Amenities

Lifestyle & Comfort

  • DAMAC Lagoons Waterways
  • Community Amenity Zones

Outdoor & Views

  • Landscaped Gardens

Investment Factors

Sourced demand and location factors — not a score, forecast, or recommendation. Use these to inform your own judgement.

Rebuilt After Resync — Pricing, Payment Plan and Imagery All Confirmed

This listing was originally built from a heavily-corrupted zip (12 of 15 files failed) using only the Cluster Plan and Brochure, with pricing omitted. The user resynced the zip and all files now survive intact; this listing was rebuilt using the genuine Payment Plan image (a cleanly-rendered table, no reconstruction needed: 20% deposit + 11×5% + 2%+2%+1% completion milestones + 20% on completion, summing to exactly 100%) and the Launch eDM, both confirming AED 2.47M / 3.28M starting prices and RERA Permit No: 1715135334.

    Location — Confirmed Precisely

    The Digital Brochure’s own "The Luxury of Location" page states DAMAC Lagoons "is hidden away along Hessa Street right opposite DAMAC Hills community," with specific drive times to nearby amenities (Al Maktoum International Airport 28 minutes, Mall of the Emirates 24 minutes, First Avenue Mall 11 minutes) — used to refine this listing’s location description beyond the generic "DAMAC Lagoons, Dubai" used on other Lagoons listings this session, though the precise coordinate remains an approximation.

      Imagery

      Two genuine, project-specific images from the zip’s own "Renders/" folder: a street-level front view and rear view of the townhouse cluster, both matching the building design shown on the official Launch eDM.

        Not assessed here: competing/upcoming supply in the immediate area, projected capital growth, and future rental demand. These require independent research or a licensed local agent — ask a PropSentral advisor if you'd like help finding one.

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        Location

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        Map shows approximate project location. Exact site boundaries may vary.

        About the Developer

        DAMAC Properties

        DAMAC Properties is a leading luxury real estate developer in the Middle East, with a portfolio spanning residential, commercial, hospitality and leisure properties. Known for landmark partnerships with Cavalli, Versace, Paramount Hotels, and Fendi Casa.

        View all DAMAC Properties projects

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        Starting from

        AED 2.5M

        20% deposit, 11 quarterly installments to 33 months, 3 completion milestones, 20% on completion · Handover Confirm exact date with a PropSentral advisor

        Dubai — Market Yield Range

        5% – 12.5% gross p.a.

        Market-wide historic data, not a forecast for this unit. PropSentral does not provide investment or financial advice — seek independent advice before deciding.

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        Developer-Direct Pricing

        Same price as booking through the developer — zero resale markup.

        One Advisor, Start to Finish

        A single point of contact from reservation through to handover — no chain of resellers.