Venice
DAMAC Lagoons , Dubai
AED 4,985,000
≈
AED 4,985,000
Golden Visa Eligibility
Free Residency Visa
Construction Progress62%
Description
Venice cluster in DAMAC Lagoons draws inspiration from the city of Venice in Italy and consists of 6 and 7-bedroom stand-alone villas. Within this cluster by DAMAC Properties, residents can enjoy various activities such as gondola rides, water surfing, live entertainment and waterside cafes. The Venice cluster is located next to the Morocco and Santorini clusters and is known for its picturesque narrow streets and charming canals. The waterside cafes are designed to provide a peaceful environment for work, while the luxury spa and waterside dining offer relaxation after work.
Amenities & Features
Balcony or Terrace
Gym or Health Club
Swimming Pool
Kids Play Area
Lawn or Garden
Nearby Shopping Malls
Property Details
CompletionOff-Plan -
Q3 2025
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 4,985,000
DLD Fee (4%)AED 199,400
Trustee FeeAED 4,200
Agency (2%)AED 99,700
Total
InvestmentAED 5,288,300
Expected Annual Returns
Expected Annual RentAED 324,025
Service Charges (Est)-AED 60,990
Net Annual
IncomeAED 263,035
Net Annual ROI5.0% (after expenses)
Payback Period20.1 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 Khalifa20.6 km
Dubai Mall20.7 km
Dubai Airport (DXB)29.3 km
Mall of the Emirates12.6 km
Dubai Marina12.8 km