Mediterranean Living
DAMAC Lagoons, Portofino
DAMAC Lagoons, Dubai
The Development
Portofino, the spirit of the Italian Riviera, realised in the heart of Dubai.
Request Full Brochure
Units
600
Size
65–320 m²
Starting Price
AED 1.4M
Bedrooms
4
Status
Under Construction
Handover
Q4 2026
Payment Plan
20/60/20
Gallery
A Closer Look
Craftsmanship
Signature Interiors
Inspired by the pastel facades and cobblestone piazzas of the Ligurian coast, interiors feature terracotta-toned tiles, arched doorways, and handcrafted timber accents imported from northern Italy.
Every detail selected with intention.
The Lifestyle
Premium Amenities
Infinity Pool
Private Spa
Rooftop Terrace
Concierge
Private Gym
Wine Cellar
DAMAC Lagoons, Portofino Phase I
A landmark composition of forty-eight residences rising twelve floors above the Golden Mile, conceived as a private community where architecture, landscape, and light converge.
600
Residences
12
Floors
Investment Fundamentals
The Case for DAMAC Lagoons, Portofino
Dubai continued infrastructure investment, zero personal income tax, and sustained global demand place this development within the emirate highest-growth corridors. Comparable completions in this micro-location have delivered 18-34% appreciation within 36 months of handover.
Gross rental yields across Dubai prime residential sector currently range between 5-8% per annum, outperforming London, Singapore, and Hong Kong. This development location, brand, and specification are benchmarked for the upper quartile of that range.
The developer has delivered over 30,000 units across the UAE with no material delays recorded in the past five years. All construction is funded through RERA-regulated escrow, providing full investor protection throughout the build cycle.
Dubai grants full freehold ownership to foreign nationals in designated zones. A 4% DLD transfer fee applies on purchase. There is no annual property tax, no capital gains tax, and no inheritance tax - making this among the most investor-friendly jurisdictions globally.
Population growth of 4-5% annually, record tourism arrivals, and a diversifying economy anchored to finance, technology, and logistics underpin Dubai residential demand cycle. Off-plan unit absorption in Q1 2025 reached a decade high.
La Dolce Vita. In Dubai.
The Address
Location & Connectivity
Structure
Payment Plan
| Milestone | % Due | Estimated Amount |
|---|---|---|
| On Booking | 10% | AED 140,000 |
| During Construction | 40% | AED 560,000 |
| On Handover | 50% | AED 700,000 |
Estimate
Talk to an Advisor
Private Consultation
Connect with our advisors
Our advisors respond within 2 hours.
