DAMAC Properties has unvieled the Valencia apartments within DAMAC Lagoons District; a multi-use, lifestyle-led community.
The development includes residential, commercial and lifestyle offerings within a masterplanned community designed for round-the-clock living. The Valencia apartments were launched alongside the Piazza Roma offices.
Located in Dubailand, Lagoons District is planned around decentralised cores, prioritising integrated, sustainable community planning, optimised travel distances, and a mall-integrated lifestyle.
The development will feature a range of technology-enabled and wellness-focused amenities, including an interactive digital boardwalk, floating digital art gallery, smart pop-up retail spaces and a purpose-built Flamenco performance stage.
Fitness facilities include an aqua gym with submerged workout stations, alongside outdoor yoga areas and spa spaces cooled by a climate-smart water canopy.
Conceptually, it is designed to help working parents reclaim up to 20% more time by placing key touchpoints of home, work, retail, wellness and community spaces within a short walk.
At the heart of the community is a human-centric public realm that supports day-to-night energy, anchored by retail within an easy walk, shaped by sustainability-led planning.
“DAMAC Lagoons District is our next step in building a community that optimises life. We’re bringing together two powerful ideas of waterfront wellbeing and a high-energy urban district, so residents and professionals can spend less time commuting and more time living. Valencia and Piazza Roma reflect a more human, more walkable Dubai: one where the best of the city is just minutes away.”
Amira Sajwani, Managing Director, DAMAC Properties
The DAMAC Lagoons District launch builds on the investment story emerging from the DAMAC Lagoons community over the past three years. With gross rental yields of approximately 9% to 11% based on achieved lease levels, secondary-market performance data indicates average ROI of around 47% over an average holding period of around three years, rising to around 69% for projects approaching handover.
As handovers progress, the shift from off-plan to fully income-producing properties is expected to further strengthen DAMAC Lagoons’ long-term investment fundamentals.
Valencia brings residential living into the heart of the district. The architecture includes curated amenities, such as lagoon-front social spaces, wellness zones, and Mediterranean-style lounges inspired by Italian coastal living with rustic textures, soft lighting, and artisanal décor.
Key Dubai destinations are within easy reach, eight minutes to DAMAC Mall, ten minutes to Saudi German Clinic, 17 minutes to Trump International Golf Club, 19 minutes to Global Village, and 30 minutes to Al Maktoum Airport.
