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Off-plan

Velencia

Dubai,Damac Lagoons,Lagoon Views,Valencia

Launch Price725K
Payment plan
5%Down paymentAt sales launch
55%During construction10 Installments
40%On handover
Development journey
Construction BeginMarch 29, 2026
Estimated CompletionMarch 31, 2029

Velencia

Developed by DAMAC Properties, Velencia is an off-plan apartment project within Lagoon Views, Valencia at DAMAC Lagoons, Dubai. The development forms part of the wider DAMAC Lagoons community and presents a Mediterranean-led residential concept influenced by Spanish coastal settings.

The single-building project offers studio, one-bedroom and two-bedroom apartments, combining contemporary interiors with warm-toned façades, arches and layered architectural detailing. Landscaped greenery and water elements complement the lagoon-focused setting.

Location and connectivity

Velencia is positioned in DAMAC Lagoons, a Dubai community shaped around lagoons and sandy beach areas. Its location provides access to established infrastructure and a selection of city destinations.

  • Jebel Ali School – approximately 5 minutes away
  • Dubai Polo & Equestrian Club – around 10 minutes away
  • Dubai Autodrome – about 12 minutes away
  • Dubai Marina – approximately 20 minutes away
  • Downtown Dubai – around 25 minutes away
  • Burj Khalifa – approximately 25 minutes away

Apartment options and starting prices

  • Studios: from 725,000, with sizes from 379 sq ft
  • One-bedroom apartments: from 1,300,000, with sizes from 776 sq ft
  • Two-bedroom apartments: from 1,800,000, with sizes from 1,165 sq ft

Layouts are planned to provide practical living areas, natural light and a refined Mediterranean character. The available range accommodates individual buyers, couples, families and investors seeking an apartment in DAMAC Lagoons.

Facilities and lifestyle

Residents will have access to amenities designed for daily wellbeing, leisure and family use. The development also benefits from the waterfront setting and beach-style lagoon environment of the wider community.

  • CCTV security
  • Children's play area
  • Indoor swimming pool
  • Landscaped gardens
  • Fully equipped gymnasium
  • On-site restaurants

Design approach

Velencia interprets Spanish coastal architecture for its Dubai setting. Warm finishes, arched forms and textured façades reference Mediterranean village design, while the apartments feature open, light-filled interiors, clean lines and quality materials. Water features and green landscaping reinforce the community's relaxed visual identity.

Ownership, payment plan and handover

Velencia is offered on a freehold basis. The payment plan is structured as 5/55/40: 5% is payable at sales launch, 55% is paid during construction in scheduled instalments, and the final 40% is due on handover. The scheduled delivery date is March 2029. The applicable government fee is 4%.

Developer

DAMAC Properties is the developer of Velencia. Founded in 2002, DAMAC has delivered residential, commercial and mixed-use properties in Dubai and international markets. Its portfolio includes branded residences, hospitality projects and large-scale master communities, including DAMAC Lagoons.

Velencia masterplan

Velencia masterplan

Velencia is part of the DAMAC Lagoons masterplan in Dubai and is developed by DAMAC Properties. The community framework brings together Mediterranean-inspired residences, lagoon surroundings, sandy beach areas and landscaped spaces.

Within this setting, Velencia draws on Spanish coastal architectural influences. The project is positioned to offer lagoon views, direct beach access and an environment shaped by clear lagoons and greenery, while remaining connected to Dubai's wider urban destinations.

Project Location

LocationDubai,Damac Lagoons,Lagoon Views,Valencia
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Location & Nearby Attractions

Jebel Ali School – approximately 5 minutes away
Dubai Polo & Equestrian Club – around 10 minutes
Dubai Autodrome – about 12 minutes
Dubai Marina – approximately 20 minutes
Downtown Dubai – around 25 minutes
Burj Khalifa – approximately 25 minutes

Amenities

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area

Available Unit Types

Studio

1 Bed From 1.3M 776-776 sqft 2 Baths
Unit Floor Plans1 Bed layouts
1 layout
2 Beds From 1.8M 1165-1165 sqft 3 Baths
Unit Floor Plans2 Beds layouts
1 layout

Frequently Asked Questions

What is the starting price at Velencia?

Prices at Velencia start from AED 725,000.

Which apartment types are available at Velencia?

Velencia offers studio, one-bedroom and two-bedroom apartments. Studios start from AED 725,000 and 379 sq ft, one-bedroom apartments start from AED 1,300,000 and 776 sq ft, and two-bedroom apartments start from AED 1,800,000 and 1,165 sq ft.

How is the Velencia payment plan structured?

The payment plan is 5/55/40. Buyers pay 5% at sales launch, 55% through instalments during construction, and the remaining 40% upon handover.

Is Velencia suitable as an investment property?

Velencia is an off-plan freehold apartment development in DAMAC Lagoons, with studio, one-bedroom and two-bedroom options. Its waterfront community setting, lagoon environment, beach areas, recreational facilities and access to destinations including Dubai Marina and Downtown Dubai are among the project features relevant to buyers considering investment.

Who is developing Velencia?

Velencia is developed by DAMAC Properties.

When is Velencia expected to be completed?

The expected delivery date for Velencia is March 2029.

Where is Velencia located?

Velencia is located in Lagoon Views, Valencia at DAMAC Lagoons, Dubai.

Does Velencia offer freehold ownership?

Yes. Velencia is a freehold development.