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Morocco at DAMAC Lagoons Houses

4-7BR

Bedroom Apartments

2,988,000 AED

Starting Price

2026 Q4

Handover

FLOOR PLAN

DESCRIPTION

Unveiled in Q2 2023, Morocco, the final cluster within DAMAC Lagoons by DAMAC Properties, introduces a captivating blend of luxury and heritage. This enclave comprises 471 residential units, featuring 428 townhouses with 4-5 bedrooms and 43 exclusive villas boasting 6-7 bedrooms. Immerse yourself in the cultural richness of Morocco as the interiors showcase Zellij mosaic tilework, vibrant colors, and intricately carved wood. 

Designed with functionality and elegance in mind, the properties span 2 to 4 floors based on the type. Noteworthy features include a covered carport, terrace, patio, laundry/storage room, and balcony. Each villa comes complete with a swimming pool and an elevator, with potential additional amenities such as sauna and steam rooms, a home gym, cigar lounge with cellar, sports lounge, BBQ area, majlis formal dining room, office/bedroom, jacuzzi, and games room. 

Residents of Morocco will enjoy a host of world-class amenities right at their doorstep, including: 

  • Outdoor yoga spaces 
  • Floating platforms for serene moments 
  • Private tents for exclusive relaxation 
  • Moroccan pouffes adding cultural flair 
  • Serenity garden for tranquil escapes 
  • Play area for family enjoyment 
  • Cactus garden for a touch of the exotic 
  • Light maze for enchanting experiences 
  • Dedicated concert stage for entertainment 
  • Arts & crafts studio for creative pursuits 
  • Outdoor library for leisurely reading 
  • Glow-in-the-dark golf for unique recreation 
  • Observation deck for panoramic views 

Elevate your living experience with the unparalleled offerings of Morocco at DAMAC Lagoons. 

PROPERTY IFORMATION

  • Location DAMAC Lagoons, Dubai, UAE 
  • Developer DAMAC 
  • Status of ProjectIn progress 
  • Type of Project Townhouses, Villas 
  • Available Units 4-5BR Townhouses, 6-7BR Villas 
  • Total Amount of Units 471 
  • Payment Plan 80/20 

PROPERTY PRICES

Step into the charm of Morocco at DAMAC Lagoons, where your dream home awaits at an enticing starting price. As of August 2023, seize the opportunity to own a townhouse for just AED 2.99M (USD 814K). For those seeking grandeur, palatial villas are available, starting at a minimum of AED 16.2M (USD 4.4M). 

Embark on a journey of luxury living in the heart of DAMAC Lagoons’ Morocco cluster. Act now to secure your slice of paradise! 

Note: Prices are reflective of the market in 2023. 

PAYMENT PLAN

  • 20%Down Payment 
  • 5%Within 3 Months 
  • 5%Within 6 Months 
  • 5%Within 9 Months 
  • 5%Within 12 Months 
  • 10% 40% Completion 
  • 10% 50% Completion 
  • 10% 60% Completion 
  • 10% 70% Completion 
  • 20% On Completion 

LOCATION

Nestled strategically near Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, Morocco at DAMAC Lagoons offers effortless commuting across Dubai. With convenient access to major roads, you can reach iconic destinations like DIFC, Dubai Marina, and both DXB and DWC airports within a 35-minute drive. While public transport infrastructure is under development, private vehicles and taxis are readily available for convenient travel. 

Within a 15-minute drive, a plethora of essential facilities awaits, including reputable hospitals, top-notch schools, and well-stocked supermarkets. Explore the nearby amenities, such as Akoya Nursery, Fairgreen International School, Mediclinic Parkview Hospital, Carrefour, Trump International Golf Club, and Dubai Polo & Equestrian Club. 

Experience the epitome of easy living at Morocco, where connectivity meets comfort! 

ECONOMIC APPEAL

Since the property value in Morocco exceeds AED 2M (USD 545K), you will meet the requirements needed to get a Golden Visa. It is valid for 10 years and applies to your family and domestic staff as well. All Golden Visa holders are provided with an Esaad card, which grants discounts on 7,200+ brands in the UAE and abroad. 

In case you wish to rent your property out in Morocco, you can calculate the profitability of your investment based on the performance of the adjacent DAMAC Hills neighbourhood. As seen on Property Finder, the average gross yield of 4-bedroom townhouses has reached 8.1%, with the starting annual rental cost of AED 170K (USD 46K), as of May 2023. Such high indicators clearly demonstrate the strong investment potential of Morocco real estate in DAMAC Lagoons. 

*The price is valid for 2023 

FAQ

The master developer of Morocco is DAMAC Lagoons. 

Morocco is situated in DAMAC Lagoons, Dubai. 

There are exclusive 6-7 bedroom villas and 4-5 bedroom townhouses available. 

For detailed information on the completion date of Morocco, please write to us on our website. 

DAMAC Properties offers an 80/20 payment plan, with a 20% booking fee. 

As of August 2023, the initial price for a townhouse or a villa is AED 2.99M (USD 814K) and AED 16.2M (USD 4.4M), respectively. 

Yes, you can obtain residency as a real estate investor in Morocco. The validity of the visa depends on the acquisition sum. 

By investing in Morocco, you will be able to obtain a 10-year Golden Visa, which applies not only to your spouse and children, but also to your domestic staff. 

Morocco is a freehold development, allowing all nationalities to purchase property here. 

Yes, Morocco has lucrative investment potential, which we can see by the example of the neighbouring DAMAC Hills. The average gross ROI there in 4-bedroom townhouses is 8.1%, which is one of the highest in Dubai for this property segment. 

It is a fantastic family-friendly cluster, where you can be away from the hustle and bustle of the city centre. At the same time, Morocco boasts excellent connectivity to key locations across the emirate, including the international airports. 

DAMAC Lagoons is situated just a 15-minute drive away from essential social facilities, such as Akoya Nursery, Fairgreen International School, Mediclinic Parkview Hospital and Carrefour. 

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