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From: 725K AED
Dubai,Jumeirah Village Circle,District 13,Emirates Gardens 1,Rose 2
Launch price 725K AED*
*Prices, availability, and purchase conditions may change frequently. Contact a representative for the latest availability and pricing.

March 2029
Apartment
4%
Freehold
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From: 725K AED
Dubai,Jumeirah Village Circle,District 13,Emirates Gardens 1,Rose 2
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From: 730K AED
Dubai,Jumeirah Village Circle,District 17,The Borough
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From: 732K AED
Dubai,Jumeirah Village Circle,District 12,Avant Garde Residences II
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From: 732K AED
Dubai,Jumeirah Village Circle,District 12,J Haus Residences
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From: 734K AED
Dubai,Jumeirah Village Circle,District 10,368 Park Lane
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From: 734K AED
Dubai,Jumeirah Village Circle,District 15,Sky Harmony By Peace Homes
5%
Down payment
At sales launch
55%
During construction
10 Installments
40%
On handover
Project announcement
Construction Started
Expected Completion
Velencia is a thoughtfully crafted residential development by DAMAC Properties, drawing inspiration from the sun-drenched coastal towns of Spain to create a living experience unlike anything else in Dubai. Part of the thriving DAMAC Lagoons master community, Velencia offers a curated selection of studio, 1-bedroom, and 2-bedroom apartments designed for those who want the energy of city living alongside the ease of a waterfront lifestyle. With its warm Mediterranean character, crystal-clear lagoon surroundings, and refined interiors, Velencia is a place where everyday life feels like a well-deserved retreat.
Situated within DAMAC Lagoons — one of Dubai's most distinctive waterfront communities — Velencia occupies a prime address that balances serenity with accessibility. The community is built around a network of lagoons and sandy beach areas, evoking the feel of a coastal resort while remaining well within reach of Dubai's key urban centers. Whether you're heading to work, school, or leisure destinations, everything you need is comfortably close. The location also places residents near established infrastructure, making daily errands and weekend outings equally convenient.
Velencia offers a range of thoughtfully sized apartments to suit different lifestyles, household sizes, and investment goals. Each unit is designed with functional layouts and quality finishes that reflect the Mediterranean-inspired character of the overall development.
Velencia is designed to support a well-rounded lifestyle, with a range of amenities that cater to both relaxation and everyday wellness. Residents have access to spaces that encourage community interaction, active living, and personal downtime — all within the comfort of the compound.
Velencia's design language is rooted in the architectural traditions of coastal Spain, translated thoughtfully into a contemporary Dubai context. The buildings feature warm tones, arched detailing, and layered facades that echo the textures of Mediterranean villages. Interiors reflect a similar sensibility — open, light-filled spaces with clean lines, quality materials, and an attention to proportion that makes each apartment feel both elegant and livable. The integration of water features and landscaped greenery throughout the community reinforces the sense of calm that defines the overall experience.
Life at Velencia is shaped by a strong sense of place and community. The DAMAC Lagoons setting encourages a slower, more intentional pace — one where mornings by the lagoon, evenings in the gardens, and weekends at the pool feel like a natural part of the routine.
Velencia presents a compelling case for investors looking to enter Dubai's residential market at a competitive price point within a high-demand community. DAMAC Lagoons has established itself as one of Dubai's most sought-after addresses, and off-plan properties within the community have historically attracted strong rental interest and capital appreciation. The combination of an affordable entry price — starting at 725,000 AED — flexible unit sizes, and a developer with a proven delivery record makes Velencia a well-positioned asset for both long-term hold strategies and short-term rental yields. As Dubai continues to attract a growing base of international residents and high-net-worth individuals, waterfront communities like DAMAC Lagoons are expected to see sustained demand.
DAMAC Properties is one of the most recognized names in luxury real estate development across the Middle East. Founded in 2002, the company has delivered thousands of residential, commercial, and mixed-use units across Dubai and several international markets. DAMAC is known for large-scale master communities that integrate lifestyle, leisure, and architecture into cohesive environments — with DAMAC Lagoons being one of its most ambitious flagship projects to date. With a strong track record of delivery and a portfolio that spans branded residences, hospitality, and residential developments, DAMAC brings both credibility and vision to every project it undertakes, including Velencia.
![image of Velencia by Damac Properties, Dubai,Damac Lagoons,Lagoon Views,Valencia — [1] image of Velencia by Damac Properties, Dubai,Damac Lagoons,Lagoon Views,Valencia — [1]](https://new-projects-media.propertyfinder.com/project/7fa893f6-14fc-4bc8-9ee1-525dfb03f321/master_plan/image/Ypch2nEiYhckO55HdU-EmSDcJd8LXBsduvlBd-RRj7Q=/original.webp)
Velencia at DAMAC Lagoons is a residential development by DAMAC Properties, as a part of DAMAC Lagoons masterplan in Dubai, offering Mediterranean-inspired apartments with waterfront living. The Velencia masterplan brings Spanish coastal architecture to life within this vibrant community.
Drawing inspiration from sun-drenched Spanish coastal towns, Velencia is thoughtfully positioned within DAMAC Lagoons to offer residents panoramic lagoon views, direct beach access, and a tranquil yet well-connected lifestyle. The project's Mediterranean character, crystal-clear lagoons, and lush landscaping create an immersive environment where architectural elegance and natural beauty coexist — delivering a distinctive living experience within the larger DAMAC Lagoons masterplan, located in the prestigious larger project masterplan.

Damac Lagoons features 81 buildings. Average sale prices have increased by -19.8% YoY, with 2,519 sale transactions recorded over the past 12 months.
Located along Hessa Street, across from Damac Hills 1 - Damac Lagoons offers a different vibe. Designed to look the Mediterranean, offering blue lagoons and a large park. This 8000 villa community is great for families.
Working with Aegean was a genuinely smooth and reassuring experience. His understanding of the market and strategic approach added real value from the start. He handled all enquiries efficiently, filtered out time-wasters, and was always transparent with both agents and buyers. The whole process felt controlled, professional, and gave me complete peace of mind throughout. Highly recommended.
Damac lagoons, is for family living and very accessible, Families can enjoy swimming and kayaking with sailing and snorkeling as well, they can enjoy greenery and nice views
apartment
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type A20 | 379 | 1 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type E15 | 776 | 2 |
| Layout type | Size (sqft) | No. of Bathrooms | Floor plan |
|---|---|---|---|
| Type E2 | 1,165 | 3 |
available in this project.
| Type | AED | Area (sqft) | Date sold |
|---|---|---|---|
| Studio apartment | 673,000 | 362 | 4 Aug 2026 |
| 1 bed apartment | 1,183,120 | 788 | 4 Aug 2026 |
| 2 bed apartment | 1,761,520 | 1,171 | 4 Aug 2026 |
We make no warranties or representations about the estimated rent, and is provided for general information purposes only. Although we make reasonable efforts to provide an estimation based on several relevant factors, including average rental prices in the community (without crossing the maximum documented rent of similar properties, where available), please note that the estimated value is subject to market conditions, property location and details, and other factors beyond our control. You should consult a licensed property broker to fully understand all factors which affect property values and rental yields.