Portofino - Dubai

HIGHLIGHTS

ABOUT PORTOFINO DAMAC LAGOONS

DAMAC Properties has recently introduced Portofino, a luxurious development that consists of townhouses and villas. This project is part of DAMAC Lagoons, which is a Mediterranean-inspired initiative in Dubai aimed at recreating the ambiance and characteristics of waterfront cities. The Portofino cluster offers office spaces, exquisite Italian living quarters, and outdoor activities perfect for work or leisure. Completion of this off-plan project is anticipated by Q4 2025.

IN A NUTSHELL

PROPERTY

COMMUNITY OVERVIEW

The Portofino DAMAC Lagoons community in Dubai is highly desirable due to its combination of Italian-inspired architecture and ample opportunities for sports and leisure. Its landscaped surroundings, including waterfront features, only add to its appeal. Furthermore, the development's close proximity to the city center and nearby amenities make it a popular choice among those seeking off-plan investments in Dubai.

Portofino DAMAC Lagoons Dubai Masterplan

The Portofino DAMAC Lagoons Dubai presents lavish homes that are encircled by crystal lagoons and a host of amenities situated along the waterfront. Alongside these well-appointed abodes, the enclave also includes all necessary components for a calm working environment. It boasts soundproof office pods which come equipped with cutting-edge facilities and are located in close proximity to verdant natural elements that make for an efficient workspace suitable for everyone.

Hold a team meeting or participate in a business call while enjoying the picturesque sunset views of your aqua office. Additionally, there are outdoor rooms available for private meetings that feature glass enclosures. Take a pause from wearing headphones and immerse yourself in live music at an open-air music pavilion. Bring your laptop and unwind in the designated area to make the most out of your experience.

Enhancing the communal amenities with the distinctive essence of DAMAC, the developer has incorporated an aqua library, gym, and outdoor spa for the convenience of Portofino residents. Additionally, there are other facilities available within the villa community such as a fishing lake and observatory.

Properties in Portofino DAMAC Lagoons

Regarding real estate in Portofino DAMAC Lagoons Dubai, there is a sophisticated array of residences situated on the water's edge. Prospective buyers have the option of selecting between two or three-story houses that range from 3-5 bedrooms and are outfitted with high-end finishes and furnishings. The first floor layout typically includes a living and dining area, an equipped kitchen, a guest bedroom, and a maid's quarters.

The second level of the building consists of the remaining sleeping quarters along with a balcony that provides picturesque views of the waterfront. The most spacious accommodations, which contain seven bedrooms, additionally offer an internal exercise room and swimming pool. Other amenities comprise on-site parking and a garden area.

Sales Trends in Portofino Dubai

Potential purchasers have the opportunity to buy villas within the neighborhood at prices that fall within the subsequent range:

Regarding townhouses within the neighborhood, their pricing falls within the subsequent range:

The cost of 3-bedroom houses in Portofino DAMAC Lagoons begins at AED 1.3M, while the price range for 4-bedroom townhouses for sale can go up to AED 1.4M. Additionally, the demand for 5-bedroom townhouses is roughly AED 1.7M within Portofino DAMAC Lagoons.

For potential investors who desire a more capacious residential space, there are several Portofino houses available in DAMAC Lagoons that consist of seven beds.

PAYMENT PLAN

The payment plan for the project is flexible with a 60/40 arrangement, where buyers can pay in instalments. The payment schedule requires a down payment of 24% which includes a 4% DLD charge. An additional 20% will be payable upon completion of the project while the remaining payments can be made easily in instalments during different phases of construction. Overall, this ensures that only 60% of the total amount needs to be paid during construction.

Location

FAQs about Portofino DAMAC Lagoons

Where is Portofino DAMAC Lagoons located?

The Portofino DAMAC Lagoons is an upcoming residential development by DAMAC Properties that rests alongside Sheikh Zayed Bin Hamdan Al Nahyan Street.

What property types are available in Portofino DAMAC Lagoons?

At Portofino DAMAC Lagoons, a variety of villas are available with different numbers of bedrooms to choose from. Options include 3, 4, 5 and 7-bedroom villas.

The image used as the primary feature has been sourced from DAMAC Properties.