VENICE by Damac Properties in Dubai Land, Dubai, UAE: property for sale from the developer

VENICE residential development in Dubai

VENICE is a new residential cluster. Its very name speaks of the developer’s concept – embodying the beauty and tranquility of the famous Italian city in this project. Water surrounds its houses literally on all sides – from magnificent swimming pools by every villa to canals and lagoons. Gondola rides along canals are available to residents who wish to feel the spirit of Italy even more. The community also has everything you need for doing water sports. There is a promenade on the coast where you can enjoy the sea views or have a snack at one of the numerous cafés and restaurants.

Real estate in DAMAC Lagoons, Dubai, UAE

DAMAC Lagoons is a community that is comprised of eight clusters surrounded by lagoons. It is located in Dubailand. The master plan of community development involves commissioning exclusive housing in the Mediterranean style.

VENICE is an example of such development. According to the district plan, 2–5-bedroom townhouses and villas will be built there. Every type of housing has a unique design. Property in VENICE are spacious villas intended for family living.

Property for sale in VENICE

VENICE is an off-plan residential project with the prices starting at AED 1.490 million (USD 405,000, or JPY 2.7 million). The developer offers an attractive payment plan to the buyers:

5% down payment when booking a property
Additional 10% of the value at the time of closing the deal
Payment in installments throughout the construction, to make up 55% more of the total amount
30% upon handover

Off-plan property in VENICE is a wide range of available housing – both for relocation as a permanent resident and for investment in highly liquid and profitable real estate. You can choose from several floor plans and adapt you future home to suit the needs of its residents.

Real estate in VENICE

Lifestyle

Property types in VENICE residential project ensure comfortable living at its utmost. Every villa has a spacious backyard with a recreation area. Panoramic windows offer a sweeping view of the water. You can enjoy a tranquil and secluded lifestyle or opt for a more active lifestyle. VENICE is a new residential development in Dubai that offers access to a variety of entertainment options, including numerous parks, clubs, and sports facilities. The district’s transportation system does not include extensive public transport coverage yet, but a personal or rented car can take you to any place in the emirate in a short time.

Advantages of VENICE

You can buy a villa in VENICE and no longer worry about your safety. The community has 24/7 security and video surveillance. There are four entrances to the community, with the main one opening into the central street. It merges into a major motorway, making a trip to any place in the emirate quick and easy. The residential project has everything to ensure your comfort:

Water park with surf simulator
Private beach
On-premises shopping mall
Numerous restaurants and cafés

The master plan reflects further development of the territory. Residents will feel no shortage of social or commercial facilities.

Completion of construction

The project is supposed to be fully completed in Q4 2024. The deadlines announced by the developer concern not only the off-plan residential complex – VENICE – but also other clusters that, combined, will form a new elite property gated community. The developer’s reputation admits of no doubt that the facility will be commissioned by the due date: a 20-year experience of multitasking operations guarantees high quality of execution of any project by this developer. At the initial stage of construction, buyers can get a notion of the gated community’s appearance through presentations and photos of future buildings, as well as the whole district’s development plan.

Investment property in VENICE

Investment in property from the developer – DAMAC Properties – in Dubai at the start of construction promises a high return. As the houses are commissioned, the district with premium residences will grow more and more prestigious. The demand for elite real estate is consistently high in this emirate, so you can make money by reselling your property by the time of handover. Prices have been growing in the megalopolis in recent years, and according to forecasts, this trend will continue in the nearest future. This means a high return on investment. Long-term investment strategies are no less promising. The ROI from leasing villas in the UAE is consistently high – 7% per annum and more. The exact rates depend on the property’s comfort level, the district and the demand for housing at this particular time. You can buy property in VENICE and receive stable income.

Developer Damac Properties

172All objects of the developer

2002Founded in

The project is implemented by one of the biggest developers in the UAE. Real estate from the developer DAMAC Properties is represented by more than 30,000 residential and commercial properties. The company has been in the construction market since 2002, building residential complexes and developing facilities in the adjacent grounds not only in the UAE but also in other Near East countries. All buildings comply with the high requirements for comfort and feature original design. You can view the cost of real estate at the price from the developer DAMAC Properties in the corresponding section on our website.

VENICE AT DAMAC LAGOONS

VENICE residential development in Dubai

Real estate in DAMAC Lagoons, Dubai, UAE

Property for sale in VENICE

Location

Features

Indoor facilities

Outdoor features