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Damac Lagoons, Dubai

Velencia

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Velencia, Damac Lagoons

Velencia at DAMAC Lagoons draws Mediterranean character into a Dubai waterfront setting, offering studio, one and two-bedroom apartments surrounded by lagoons and beaches.

The homes

Apartments and studios of one to two bedrooms, from 379 to 1,165 sq ft. The homes are due in Q1 2029.

DAMAC Lagoons is organised around a network of waterways and sandy areas that establish a resort-like environment within Dubai's accessible urban setting. Velencia's position within this master community allows residents to enjoy waterfront living whilst remaining well-connected to schools, employment centres and leisure destinations.

Damac Properties logo
Developed by
Damac Properties
Founded 2002

DAMAC Properties is a luxury real estate developer established in 2002, recognised for creating innovative residential and commercial projects throughout the Middle East.

Every project by Damac Properties
The brochure

The Velencia brochure

Explore Velencia in detail, from the residences and floor plans to the amenities, in Damac Properties’s official brochure.

Type
apartment
Beds
Studio, 1, 2 Bedrooms
Sizes (sq ft)
379 - 1,165
Handover
Q1 2029
Price from
AED 725,000

About Damac Lagoons

Damac Lagoons is a large-scale waterfront community developed by Damac Properties, organised around eight themed clusters inspired by Mediterranean destinations and featuring distinctive leisure amenities.

Property in Damac Lagoons

Features & amenities

Indoor pool
Gym
Children's play area
Landscaped gardens
Restaurants and cafés
24-hour security
Velencia masterplan, Damac Lagoons

The masterplan

Velencia integrates into the DAMAC Lagoons masterplan through waterfront positioning and lagoon-edge landscaping. Shared amenities including pools, gardens and dining facilities are distributed throughout the community grounds, with the waterway systems providing both visual character and recreational opportunity.

Payment plan

5%Down payment
55%During construction
40%On handover

Progress

Planned handover
31 March 2029

Questions

Where is Velencia?

Velencia is in Damac Lagoons, Dubai, a development by Damac Properties.

Who is the developer of Velencia?

Velencia is developed by Damac Properties, a company founded in 2002.

What homes are there at Velencia?

Velencia has apartments with studios and 1 and 2 bedrooms, from 379 to 1,165 sq ft.

What is the price of Velencia?

Homes at Velencia start from AED 725,000 (about USD 197K), as of 22 September 2026.

Is Velencia expensive for Damac Lagoons?

From AED 1,913 a square foot, against a median of AED 1,545 for 12 new projects in Damac Lagoons.

When is handover at Velencia?

Handover at Velencia is planned for Q1 2029.

What is the payment plan at Velencia?

The developer's payment plan is 5% on booking, 55% during construction and 40% on handover, as of 8 November 2026.

Are there floor plans for Velencia?

Yes. This page shows 3 floor plans for Velencia, covering studio, 1-bedroom and 2-bedroom homes.

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Send us a message on WhatsApp or book a consultation with one of our advisers in Dubai.

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