Portofino at DAMAC Lagoons
DAMAC Lagoons , Dubai
AED 1,569,000
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AED 1,569,000
Free Residency Visa
Construction Progress91%
Description
Portofino at DAMAC Lagoons promises the perfect balance of living, working and playing by the water. This vibrant collection of Italian-inspired townhouses and villas at DAMAC Lagoons offers an ideal blend of functionality and leisure. Portofino boasts a spectacular collection of 3 to 5-bedroom townhouses and 7-bedroom villas. The Work and Play Hub integrates business and pleasure, providing a picturesque office address amidst nature. Start your day with a fitness session at the Aqua Gym, followed by serene moments at the outdoor spa. Enjoy musical vibes at the open-air music pavilion. Discover a fulfilling living experience at Portofino.
Amenities & Features
Gym or Health Club
Swimming Pool
Steam Room
Business Center
Property Details
Property TypeVilla
DeveloperDAMAC Properties
ProjectPortofino at DAMAC Lagoons
CommunityDAMAC Lagoons
CompletionOff-Plan -
Q2 2025
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 1,569,000
DLD Fee (4%)AED 62,760
Trustee FeeAED 4,200
Agency (2%)AED 31,380
Total
InvestmentAED 1,667,340
Expected Annual Returns
Expected Annual RentAED 87,864
Service Charges (Est)-AED 31,095
Net Annual
IncomeAED 56,769
Net Annual ROI3.4% (after expenses)
Payback Period29.4 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 km
Dubai Mall21.1 km
Dubai Airport (DXB)29.6 km
Mall of the Emirates13 km
Dubai Marina13.2 km