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Mykonos

DAMAC Lagoons , Dubai

AED 2,470,000
≈ AED 2,470,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress61%
Bedrooms
4
Size
2,273 sqft
Price/Sqft
AED 1,087
Developer

Description

Mykonos in DAMAC Lagoons is a collection of high-end townhouses influenced by the Mediterranean landscape. Tucked within the beautiful community of DAMAC Lagoons, Mykonos offers a variety of luxurious 4 and 5-bedroom townhouses that flawlessly incorporate Cycladic architectural elements with a modern twist. Defined by smooth designs and earthy bohemian exteriors, these residences naturally mesh with the scenic charm of the environment. Mykonos introduces a range of facilities and attractions that encapsulate the island's abundant splendour. Residents can revel in exclusive amenities such as the Honey Bar, floating gardens, Paradise Beach and Beach Club, Windmill and volcanic stones park and Glow Lounge.

Amenities & Features

Swimming Pool

Property Details

Property TypeTownhouse
ProjectMykonos
CommunityDAMAC Lagoons
CompletionOff-Plan - Q4 2025
Parking1 space
CityDubai
FurnishedUnfurnished

Investment Analysis

Acquisition Costs

Property PriceAED 2,470,000
DLD Fee (4%)AED 98,800
Trustee FeeAED 4,200
Agency (2%)AED 49,400
Total InvestmentAED 2,622,400

Expected Annual Returns

Expected Annual RentAED 138,320
Service Charges (Est)-AED 34,095
Net Annual IncomeAED 104,225
Net Annual ROI4.0% (after expenses)
Payback Period25.2 years

How We Calculate These Numbers

The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.

  • Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
  • Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
  • Net ROI = (Net annual income ÷ Total investment) × 100.
  • Payback period = Total investment ÷ Net annual income (years).

Distance from Major Landmarks

Burj Khalifa21.7 km
Dubai Mall21.8 km
Dubai Airport (DXB)30.8 km
Mall of the Emirates12.7 km
Dubai Marina11.8 km