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Valencia

Valencia, Damac Lagoons, Dubai by DAMAC Properties Handover Q1 2029

Valencia is an off-plan apartments development by DAMAC Properties in DAMAC Lagoons, Dubai, with homes from AED 612,000 on a 60/40 payment plan and handover expected in Q1 2029. Homes at AED 2 million or more may support a 10-year UAE Golden Visa, with extra document rules for off-plan units.

Starting from AED 612,000
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Overview

Apartments in Damac Lagoons.

Valencia is a contemporary residential development within the DAMAC Lagoons District, conceived as a human-centric urban enclave where Mediterranean inspiration meets modern city living. The project is designed to offer residents an everyday escape without leaving Dubai, combining elegant architecture with water-focused landscapes, walkable retail, and vibrant communal spaces. Valencia forms part of a larger mixed-use destination that integrates homes, lifestyle amenities, and social hubs into a cohesive, thoughtfully planned environment.

The development emphasizes a balanced lifestyle built around wellness, leisure, and convenience. Residents benefit from a rich ecosystem of experiences including lagoon-style outdoor areas, curated retail and dining concepts, fitness and wellness zones, and spaces dedicated to culture, entertainment, and community gatherings. With its strong focus on time efficiency, walkability, and sustainable urban design, Valencia is positioned for those seeking refined living within a dynamic, future-oriented district.

Interiors at Valencia are characterized by contemporary finishes and a refined Mediterranean aesthetic, with clean lines, soft color palettes, and high-quality materials used throughout. Apartments feature well-planned layouts with elegant flooring, modern wall finishes, and thoughtfully designed living spaces. Kitchens are delivered fully fitted with sleek cabinetry, stone countertops, and integrated appliances, while residences are offered semi-furnished, allowing residents to personalize their homes while benefiting from a polished, move-in-ready foundation.

Details

Key facts.

City
Dubai
Starting price
AED 612,000
Status
Off-plan
Handover
Q1 2029
Property types
Apartment
Unit types
Studio – 2 BR
Payment plan
60/40
Golden Visa
Below AED 2M from-price

Amenities

Life in and around the building.

  • Children's Pool
  • Shared Gym
  • Balcony
  • Security
  • Children's Play Area
  • Lobby in Building
  • Covered Parking
  • Shared Pool
  • View of Landmark

Payment plan

60/40, paid in 3 steps.

60% before handover40% on handover
  1. 15%Down paymentOn booking
  2. 255%Construction instalmentsDuring construction
  3. 340%Handover paymentOn handover
MilestoneWhenShareAmount (AED)*
Down paymentOn booking5%30,600
Construction instalmentsDuring construction55%336,600
Handover paymentOn handover40%244,800
Total100%612,000

*Worked example on the starting price of AED 612,000. Instalment dates and amounts are confirmed per unit in the sales offer. DLD registration fees are payable on top (see the buying guide).

Floor plans

Unit types & sizes.

Unit typeSize (sq ft)
Studio377
Valencia floor plan, studio, 377 sq ft
Studio377 sq ft
Unit typeSize (sq ft)
1 bedroom735
Valencia floor plan, 1 bedroom, 735 sq ft
1 bedroom735 sq ft
Unit typeSize (sq ft)
2 bedrooms1268
Valencia floor plan, 2 bedrooms, 1268 sq ft
2 bedrooms1268 sq ft

Location

In DAMAC Lagoons.

Area guide

Investment

The numbers, worked out.

Indicative
Entry price
AED 612,000
Paid before handover
AED 367,200 (60%)
Due on handover
AED 244,800 (40%)
DLD registration (4%)
AED 24,480 verify
Golden Visa threshold
From-price is below AED 2M

Worked from the starting price and the stated payment plan; your unit’s figures come from the sales offer. The 4% DLD figure is DLD’s published sale-registration fee (how it is split is set in the sale agreement). Not financial advice. See the investor guide.

Developer

About DAMAC Properties.

Developer and master developer of DAMAC Lagoons, with DAMAC Islands 2 in Dubailand.
Projects on Sovereign
39
All projects by DAMAC Properties
Broker (Sovereign Realty) ORN
46342

Sovereign Realty’s broker registration. Trade licence 1430699.

FAQ

Questions about this project.

What is the starting amount at Valencia?

Homes at Valencia start from AED 612,000 for studios. Availability and figures change with each release, so request the latest availability before you reserve.

What is the payment plan for Valencia?

DAMAC Properties offers a 60/40 payment plan: 60% during construction and 40% on handover. The Dubai Land Department registration fee of 4% is usually paid at signing, on top of the plan.

When is handover at Valencia?

Handover is expected in Q1 2029. Completion dates can move, so check the developer's latest construction update before you plan around it.

What fees sit on top of the payment plan at Valencia?

Budget for the Dubai Land Department registration fee of 4% of the sale value, usually paid at signing, and Sovereign's brokerage fee of 2%. Any developer admin charge is set in the sale and purchase agreement for the unit.

Does Valencia qualify for the UAE Golden Visa?

A home with a purchase value of AED 2 million or more, held in your name, can support a 10-year Golden Visa. Off-plan units need extra documents, so read our Golden Visa guide first.

Who is the developer of Valencia?

Valencia is developed by DAMAC Properties. See the developer page for their other projects in Dubai.

How do I get the floor plans and brochure for Valencia?

Send an enquiry from this page and Sovereign will share the floor plans, brochure and current availability for Valencia.

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