Mykonos at Damac Lagoons
By DAMAC
Mykonos is one of the last clusters in the DAMAC Lagoons community developed by DAMAC Properties, offering townhouses with 4 or 5 bedrooms. The townhouses have a built-up area ranging from 2,282 sq.ft to 3,300 sq.ft and plot sizes of approximately 1,550 sq.ft to 2,340 sq.ft. Key features of the townhouses include a garden, laundry/storage room, covered parking, terrace, balconies, and a powder room.
Residents of Mykonos will have access to various resort-like amenities within the cluster, such as the Honey Bar, Glow Lounge, Windmill Park, Beach Club, Paradise Beach, Volcanic Stones Park, luxury pool floats, and Pool Bar & Floating Gardens.
Located near Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, Mykonos provides easy access to popular destinations in Dubai like Dubai Marina, DIFC, Downtown Dubai, and both international airports. The travel time to these destinations is within 35 minutes by car.
Within a 15-minute drive, there are grocery stores, schools, hospitals, and other landmarks like Carrefour, Mediclinic Parkview Hospital, Fairgreen International School, Akoya Nursery, Trump International Golf Club, Dubai Polo & Equestrian Club, and Dubai Autodrome.
Residents of Mykonos will have privileged access to amenities in DAMAC Lagoons, including alcohol-licensed bars, entertainment venues, a Tapas Lounge, floating cinema, floating amphitheater, and an Aqua Wall for climbing.
If you plan to rent out your property, you can calculate estimated profits based on the rental rates and average gross yield of adjacent communities like DAMAC Hills. As of April 2023, the starting rental rates for 4-bedroom townhouses in DAMAC Hills are AED 205K (USD 56K) with an average gross yield of 8.1%, according to Property Finder. This indicates a potential for lucrative rental income in Mykonos once the infrastructure in DAMAC Lagoons is fully completed.
*The price is valid for 2023
Swimming Pool
Beach & Beach Club
Parks
Gallery
Location
Image
Google maps
International School
1 min. from Cafe
30 min. from Airport
Floor Plans of Mykonos at Damac Lagoons
Bedrooms
No plans found
No plans found
Payment plan
| Milestone | Date | 80/20 |
|---|---|---|
| First payment | Deposit | 20% |
| Second - Eleventh payment | 1st to 11th installment | 5% |
| Twelfth payment | 12th Instalment | 2% |
| Thirteenth payment | 13th Instalment | 2% |
| Fourteenth payment | 14th Instalment | 1% |
| Last payment | On Completion | 20% |
* Q4 2026 Handover
