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Apartments & 4-5BR Townhouses & 5-6BR Villas in A New Dubai's Community with Water Lagoon
A brand-new development by DAMAC, Lagoons is a collection of apartment ,townhouses and villas that are modeled after a charming Italian hamlet on the Mediterranean coast. The contemporary neighborhood combines first-rate real estate, a variety of water sports, and easy areas for work and play.
To showcase the distinctiveness and vitality of Portofino, DAMAC Lagoons offers townhouses with three to five bedrooms that are colored in red, orange, pink, and green. Additionally, the resort offers huge seven-bedroom villas in beige and brown tones with wooden textures. In this development, a typical apartment is 2,200 square feet.
- Open conference rooms
- Outdoor office rooms
- A large azure blue lagoon
- White sandy beach
- A fishing lake
- Gym
- Cafe
24min – Al Maktoum International Airport
25min – The Palm Jumeirah
30min – Dubai Mall & Burj Khalifa
35min – Dubai International Airport
10min – Damac Hills
Based in Dubai, United Arab Emirates, DAMAC Properties is an Emirati corporation dedicated to property development. DAMAC Properties went public on the Dubai Financial Market in January 2015. The company has operations in the United Arab Emirates, Saudi Arabia, Qatar, Jordan, Lebanon, Iran, Oman, and the United Kingdom. It offers residential, commercial, and recreational properties worldwide.
The company was founded on January 28, 2002, and its owner and chairman, Hussain Sajwani, formed the DAMAC Group in 1982. Through a global depository receipts scheme, DAMAC became the first Middle Eastern real estate corporation to list on the London Stock Exchange (LSE) in December 2013. Through an IPO, the program raised $379 million in the United States. On January 12, 2015, DAMAC started trading in Dubai as a result of an offer to swap its outstanding Global Depository Receipts (listed on the LSE) for Ordinary Shares (listed on the DFM). The GDRs were then taken off the market in March of 2015.
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