Off-PlanDubai

DAMAC Properties · Dubai

Portofino (DAMAC Lagoons)

DAMAC Lagoons, Dubai

Bedrooms

3 – 7 Bed

Type

Villa

Payment Plan

15% deposit, 8×5% + 4×3.75% installments to 36 months, 30% on completion

Handover

Confirm exact date with a PropSentral advisor

Payment Plan

Deposit

Immediate

15%

1st–8th Installments (5% each)

Every 3 months, within 3–24 months of sale date

40%

9th–12th Installments (3.75% each)

Every 3 months, within 27–36 months of sale date

15%

Final Installment

On Completion

30%

Total100%

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

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Unit Types

3–7 Bedroom Villas (5 types)

Starting Price

AED 1.56M

Masterplan

DAMAC Lagoons

DLD Fee

4% (in addition to deposit)

Unit Sizes

3 Bedroom Villa (BL-3-M)From AED 1.56M

4 Bedroom Villa (BL-4-M)Price on request

5 Bedroom Villa (BL-5-E)Price on request

7 Bedroom Villa (BL-V75)Price on request

7 Bedroom Villa (BL-VD1)Price on request

At a Glance

"Palettes of Portofino" — Italian-inspired luxury villas within DAMAC Lagoons
Five unit types spanning 3 to 7 bedrooms
Shared lagoon amenity with domed glass cabana dining pods over the water
Starting from AED 1.56M
15% deposit + 8×5% + 4×3.75% installments + 30% on completion
4% DLD fee in addition to the initial deposit

About this project

"Palettes of Portofino" — an Italian-inspired luxury villa collection within DAMAC Lagoons, Dubai’s waterfront masterplan community. Five unit types spanning 3 to 7 bedrooms (BL-3-M, BL-4-M, BL-5-E, BL-V75, BL-VD1), with a shared lagoon amenity featuring domed glass cabana dining pods over the water. Starting from AED 1.56M. Given the number of unit types, this listing presents Portofino’s aggregate community facts; ask a PropSentral advisor for a specific unit type’s exact pricing.

Interior, fully-furnished — click to enlarge

Amenities

Dining & Social

Domed Glass Cabana Dining Pods

Lifestyle & Comfort

DAMAC Lagoons Waterways

Outdoor & Views

Landscaped Gardens
Community Beach

Investment Factors

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

Payment Plan — Reconstructed to Sum to 100%

The Payment Plan PDF’s own 13-row table has milestone-event labels shifted relative to their percentages under pdftotext -layout extraction. Reconstructed by matching each of the 12 installment dates (every 3 months, 3–36 months) to its value in sequence: 15% deposit + 8 installments at 5% (months 3–24) + 4 installments at 3.75% (months 27–36) + 30% on completion — verified to sum to exactly 100%.

Community-Level Listing Scope — 5 Unit Types, One Starting Price

The Brochure discloses 5 distinct unit types (BL-3-M, BL-4-M, BL-5-E, BL-V75, BL-VD1) but only one aggregate starting price (AED 1.56M, from the Launch eDM). Presented as one community-level listing given the number of types and lack of per-type pricing, matching this session’s Costa Brava listing’s approach.

Imagery

Two genuine, project-specific images: the VD1 villa’s street-level exterior from the zip’s own "Exterior/" folder, and the Launch eDM’s own lagoon-beach amenity shot with its distinctive domed glass cabana dining pods.

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 1.6M

15% deposit, 8×5% + 4×3.75% installments to 36 months, 30% 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.