WhatsAppDefine Criteria
Discuss your objectives, preferred location and investment horizon.
Mediterranean Living
- Area
- DAMAC Lagoons, Dubai
- Starting price
- AED 1,400,000
- Unit types / bedrooms
- 4
- Sizes
- 65–320 m²
- Handover
- Q4 2026
- Payment plan
- 10% / 40% / 50%
- Status
- Under Construction
- Floors
- 6
- Residences
- 600
The Development
Portofino, the spirit of the Italian Riviera, realised in the heart of Dubai.
Units
600
Size
65–320 m²
Price
AED 1,400,000
Bedrooms
4
Status
Under Construction
Handover
Q4 2026
Payment Plan
10% / 40% / 50%
Gallery
A Closer Look
Payment Plan 10/40/50
Residences
From AED 1,400,000
| % Due | Milestone and estimated amount |
|---|---|
| 10% | On BookingAED 140,000 |
| 40% | During ConstructionAED 560,000 |
| 50% | On HandoverAED 700,000 |
Amounts are indicative. Availability and payment terms are subject to confirmation with the developer.
Talk to an AdvisorCraftsmanship
Signature Interiors
Inspired by the pastel facades and cobblestone piazzas of the Ligurian coast, interiors feature terracotta-toned tiles, arched doorways, and handcrafted timber accents imported from northern Italy.
Every detail selected with intention.
DAMAC Lagoons, Portofino
600
Residences
6
Floors
Investment Fundamentals
The Case for DAMAC Lagoons, Portofino
Dubai continued infrastructure investment, zero personal income tax, and sustained global demand place this development within the emirate highest-growth corridors. Comparable completions in this micro-location have delivered 18-34% appreciation within 36 months of handover.
Gross rental yields across Dubai prime residential sector currently range between 5-8% per annum, outperforming London, Singapore, and Hong Kong. This development location, brand, and specification are benchmarked for the upper quartile of that range.
The developer has delivered over 30,000 units across the UAE with no material delays recorded in the past five years. All construction is funded through RERA-regulated escrow, providing full investor protection throughout the build cycle.
Dubai grants full freehold ownership to foreign nationals in designated zones. A 4% DLD transfer fee applies on purchase. There is no annual property tax, no capital gains tax, and no inheritance tax - making this among the most investor-friendly jurisdictions globally.
Population growth of 4-5% annually, record tourism arrivals, and a diversifying economy anchored to finance, technology, and logistics underpin Dubai residential demand cycle. Off-plan unit absorption in Q1 2025 reached a decade high.
La Dolce Vita. In Dubai.
The Address
Location & Connectivity
Contact our advisors for the precise project location.
The Process
Your Acquisition Journey
Analyse
Review the project facts, area context and relevant alternatives.
Reserve or Negotiate
Confirm current availability, terms and the next steps with your advisor.
Documentation & Registration
Review the documents and registration requirements relevant to your purchase.
Payment or Financing
Plan the payment stages and discuss financing where applicable.
Handover
Prepare for completion, inspection and handover where applicable.
Manage or Exit
Consider leasing, ongoing management and your future exit strategy.
Private Consultation
Connect with
Our Advisors
Request availability, pricing or a private project consultation.
Frequently Asked Questions
FAQ
When is the project expected to be completed?
The published handover is Q4 2026. Contact our advisors to confirm the latest developer schedule.
What property types are available?
The published bedroom options are 4. Our advisors can confirm current residence types and availability.
What is the payment plan?
The published payment structure is 10% / 40% / 50%. Please confirm the applicable terms and availability with our advisors.
Can international buyers purchase?
Ask our advisors to confirm ownership eligibility and the purchase requirements for this particular listing.
Is the project eligible for a Golden Visa?
Request a review of this property and your circumstances with our advisors to confirm the applicable eligibility requirements.
Can Belmonte assist with resale or leasing?
Share your resale or leasing requirements with our team to discuss the support available for this property.