Ibiza DAMAC Lagoons

1. Mediterranean-Themed Luxury Living: Ibiza, DAMAC Lagoons offers 4 and 5-bedroom Mediterranean-themed townhouses with modern amenities, wooden finishes, and a white colour palette, providing an authentic Mediterranean living experience.
2. Prime Location: Conveniently situated next to major routes such as Mohammed Bin Zayed Road, Emirates Road, and Al Khail Road, Ibiza offers excellent connectivity to key locations across Dubai.
3. Impressive Amenities: The development features premium amenities like artificial sand beaches, man-made lagoons, a waterfall, wave machine, floating cinema, waterslides, waterpark, alcohol-licensed bars, and a floating amphitheatre.
4. 10-Year Golden Visa: Property prices starting from AED 2,000,000 (USD 545,000) qualify investors for a 10-year Golden Visa, providing numerous privileges, including sponsorship for domestic staff and family.
5. Potential Rental Returns: Based on ROI data from the adjacent DAMAC Hills neighbourhood, property owners could potentially achieve rental returns of 5.39%.
6. Future Growth: Ibiza is part of the envisioned DAMAC Lagoons mega-project, indicating strong potential for future growth and increased property value.
7. Social Facilities: The property is near various social facilities such as schools, hospitals, leisure venues, and shopping centres, enhancing the quality of life for residents.
8. Family-Friendly Environment: With amenities like gardens, patios, and balconies, and proximity to schools and leisure venues, Ibiza offers a secure and family-friendly living environment.
9. Reputable Developer: Backed by DAMAC Properties, one of the leading property developers in the UAE, Ibiza ensures quality construction, seamless handovers, and continued maintenance.

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Experience Luxurious Mediterranean Living at Ibiza, DAMAC Lagoons in Dubai

Imagine waking up in a Mediterranean-themed townhouse, sipping your morning coffee amidst manicured lawns and crystal lagoons. Welcome to Ibiza, a premium townhouse cluster situated within the larger DAMAC Lagoons property development by DAMAC Properties. This property development in Dubai offers an exquisite collection of 4 and 5-bedroom properties that echo the authentic charm of the most beloved Balearic Island, Ibiza.

Each townhouse, ranging from 2 to 3 floors, showcases a blend of wooden finishes and a white colour palette to create an atmosphere reminiscent of Mediterranean coastal homes. Facilities within these properties include a garden, a patio, a carport, a laundry/storage room, a balcony, and a terrace. The 5-bedroom configurations additionally offer a maid’s room, providing ultimate comfort and convenience for homeowners.

Ibiza is strategically located adjacent to major routes such as the Mohammed Bin Zayed Road, Emirates Road, and Al Khail Road. This ensures unparalleled connectivity to Dubai's most sought-after destinations. Downtown Dubai, DIFC, Dubai Marina, Al Maktoum International Airport, and Dubai International Airport are all within a maximum 35 minutes’ drive.

The DAMAC Lagoons mega-project is set to boast a variety of social facilities within a 15-minute reach, including academic institutions like Akoya Nursery and Fairgreen International School; leisure venues such as the Trump International Golf Club, Dubai Polo & Equestrian Club, and Dubai Autodrome; medical facilities like Mediclinic Parkview Hospital; and shopping centres like Carrefour. Please note, the public transport infrastructure in the DAMAC Lagoons is yet to be fully developed, making private vehicles the most reliable mode of transport for now.

Investing in Ibiza also offers significant economic benefits. With property prices starting from AED 2,000,000 (USD 545,000), investors can avail the opportunity to obtain a 10-year Golden Visa, offering privileges such as sponsorship for domestic staff and family, as well as the Esaad card, enabling discounts across 7000+ brands.

Looking at rental potential, the nearby DAMAC Hills neighbourhood suggests promising returns. According to Property Monitor, as of December 2022, villas/townhouses in DAMAC Hills yield a 5.39% ROI, with 4-bedroom townhouse rentals starting at AED 175,000 (USD 48,000) per annum.

The jewel in the crown of Ibiza, DAMAC Lagoons are the planned premium amenities. Future residents can look forward to artificial sand beaches and a network of man-made lagoons for water activities like swimming and kayaking. The development will offer resort-style amenities such as a waterfall, a wave machine, a floating cinema, waterslides and waterpark, alcohol-licensed bars, a floating amphitheatre, and various leisure and activity hubs.