Nice
DAMAC Lagoons , Dubai
AED 1,706,000
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AED 1,706,000
Free Residency Visa
Construction Progress78%
Description
Nice is a luxurious residential development created by DAMAC Properties, one of Dubai's top luxury property developers. This venture is part of the esteemed DAMAC Lagoons community, which consists of eight themed clusters and is situated along an artificial lagoon with pristine waters, evoking a Mediterranean atmosphere. Nice presents a unique selection of homes inspired by the stunning French Riviera. There are 4, 5-bedroom townhouses and 6 bedroom villas in the project.
Property Details
CompletionOff-Plan -
Q3 2025
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,706,000
DLD Fee (4%)AED 68,240
Trustee FeeAED 4,200
Agency (2%)AED 34,120
Total
InvestmentAED 1,812,560
Expected Annual Returns
Expected Annual RentAED 112,596
Service Charges (Est)-AED 34,020
Net Annual
IncomeAED 78,576
Net Annual ROI4.3% (after expenses)
Payback Period23.1 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 Khalifa22 km
Dubai Mall22.1 km
Dubai Airport (DXB)30.8 km
Mall of the Emirates13.5 km
Dubai Marina12.9 km