Off-planHandoverMarch 2029
DeveloperDamac PropertiesDamac Riverside Views Capri
⌖Dubai,Dubai Investment Park (DIP),Dubai Investment Park 2 (DIP 2),Damac Riverside,Riverside Views,Capri 1
Dubai,Damac Lagoons,Lagoon Views,Valencia
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.
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.
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.
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.
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.
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%.
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 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.
Prices at Velencia start from AED 725,000.
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.
The payment plan is 5/55/40. Buyers pay 5% at sales launch, 55% through instalments during construction, and the remaining 40% upon handover.
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.
Velencia is developed by DAMAC Properties.
The expected delivery date for Velencia is March 2029.
Velencia is located in Lagoon Views, Valencia at DAMAC Lagoons, Dubai.
Yes. Velencia is a freehold development.