4-5BR
Bedroom Apartments
3,017,000 AED
Starting Price
2026 Q4
Handover
DESCRIPTION
Welcome to Mykonos, the epitome of luxury living in the Mediterranean-inspired DAMAC Lagoons community by DAMAC Properties. Mykonos unveils exquisite 2-storey 4-bedroom and 3-storey 5-bedroom residences, setting the stage for an unparalleled residential experience.
Discover the charm of Mykonos with townhouses boasting an estimated BUA of either 2,282 sq.ft or 3,300 sq. ft, complemented by generous plot sizes of approximately 1,550 sq. ft or 2,340 sq. ft. The thoughtfully designed layouts encompass a private garden, a convenient laundry/storage room, covered parking, a terrace, 1-2 balconies, and a powder room, ensuring a perfect blend of elegance and functionality.
Elevate your lifestyle in Mykonos and indulge in a wealth of resort-like amenities within the cluster, including:
- Honey Bar
- Glow Lounge
- Windmill Park
- Beach Club
- Paradise Beach
- Volcanic Stones Park
- Luxury pool floats
- Pool Bar & Floating Gardens
Experience the allure of Mykonos, where luxury meets tranquility in DAMAC Lagoons, offering an idyllic blend of sophistication and leisure.
PROJECT PRICE
Uncover the allure of Mykonos with a starting price of AED 2.45M (USD 667K) for 4-bedroom properties, as of April 2023. It’s important to note that the Expression of Interest (EOI) constitutes 5% of the unit value, securing your entry into the enchanting world of Mykonos.
(Note: The mentioned prices are valid for 2023.)
Location
Nestled within the captivating Mykonos cluster, featuring the Ibiza, Marbella, and Monte Carlo communities, residents can relish the convenience of close proximity to key thoroughfares such as Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road. This strategic location ensures effortless access to Dubai’s iconic destinations, including Dubai Marina, DIFC, Downtown Dubai, and both international airports, all within a comfortable travel time of 35 minutes by car.
Enhancing the allure of Mykonos, a wealth of essential amenities and landmarks can be reached within a 15-minute drive. These include:
- Carrefour
- Mediclinic Parkview Hospital
- Fairgreen International School, Akoya Nursery
- Trump International Golf Club
- Dubai Polo & Equestrian Club
- Dubai Autodrome
Discover a world of convenience and luxury in Mykonos, where proximity to vital destinations seamlessly intertwines with the charm of Mediterranean-inspired living.
Economic Appeal
Embark on a life of luxury in Mykonos, where residents enjoy exclusive access to the lavish amenities within DAMAC Lagoons. From alcohol-licensed bars and entertainment venues to a Tapas Lounge, floating cinema, floating amphitheater, and the thrilling Aqua Wall for climbing – an array of experiences awaits.
Investing in Mykonos not only secures an exquisite residence but also opens the door to a 10-year Golden Visa opportunity. With a minimum qualifying investment of AED 2M (USD 545K), townhouse owners can obtain this prestigious residency, covering their family and an unlimited number of domestic staff. The Golden Visa comes with an Esaad card, offering savings on theme park visits, flights, school fees, health services, and more across 7,000+ brands in 92 countries worldwide.
For those considering renting out their property post-completion, Mykonos promises an enticing prospect. Leverage the rental potential based on adjacent DAMAC Hills, where, as of April 2023, starting rental rates for 4-bedroom townhouses reached AED 205K (USD 56K) with an impressive average gross yield of 8.1%, according to Property Finder. This data suggests a lucrative rental income that is poised to grow as DAMAC Lagoons’ infrastructure fully takes shape.
(Note: The mentioned prices are valid for 2023.)
