Dubai,Damac Lagoons

Velencia

freehold

Starting Price

725,000 AED

*Prices and availability may change. Contact a representative for the latest details.

Apartment

About Velencia

Velencia at DAMAC Lagoons – A Mediterranean Vision in the Heart of Dubai

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.

Prime Location: Dubai, DAMAC Lagoons

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.

Connectivity and Accessibility to Key Locations

  • Jebel Ali School – approximately 5 minutes away
  • Dubai Polo & Equestrian Club – around 10 minutes
  • Dubai Autodrome – about 12 minutes
  • Dubai Marina – approximately 20 minutes
  • Downtown Dubai – around 25 minutes
  • Burj Khalifa – approximately 25 minutes

Property Types and Sizes

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.

  • Studio Apartments – From 725,000 AED | 379 sq ft
  • 1-Bedroom Apartments – From 1,300,000 AED | 776 sq ft
  • 2-Bedroom Apartments – From 1,800,000 AED | 1,165 sq ft

Detailed Amenities and Facilities

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.

  • CCTV Security for round-the-clock safety and peace of mind
  • Children's Play Area providing a safe and engaging space for younger residents
  • Indoor Swimming Pool for year-round aquatic leisure
  • Landscaped Gardens offering lush green spaces for quiet walks and outdoor relaxation
  • Fully equipped Gymnasium to support an active daily routine
  • On-site Restaurants bringing quality dining options directly to residents' doorsteps

Unique Architectural Features and Design Elements

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.

Lifestyle and Community Aspects

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.

  • A vibrant waterfront community atmosphere with beach-style lagoon access
  • Family-friendly environment with dedicated spaces for children and outdoor gatherings
  • Proximity to equestrian, motorsport, and recreational venues for diverse leisure pursuits
  • Easy access to Dubai Marina and Downtown for dining, shopping, and entertainment

Investment Potential and Market Value

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.

Developer Profile: DAMAC

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.

Amenities

Indoor Swimming Pool
Landscaped Gardens
CCTV Security
Gymnasium
Restaurants
Children's Play Area

Master Plan

Velencia – master plan

Frequently Asked Questions

The starting price for Velencia is 725,000 AED

Velencia offers a variety of thoughtfully designed housing options to suit different lifestyles and family needs. The development includes studio apartments, ideal for singles or young professionals seeking a compact yet modern living space. These units are designed with efficient layouts that maximize natural light and provide a comfortable environment for daily living.

For small families or couples, one-bedroom apartments offer additional space and privacy, featuring open-plan living areas, well-appointed kitchens, and high-quality finishes throughout. These units are perfect for those who value both functionality and elegance, ensuring a balanced lifestyle within the community.

Larger households or families seeking more room can choose from two-bedroom apartments, which provide spacious layouts, multiple bathrooms, and separate living and dining areas. Each apartment is carefully crafted to offer a sense of openness while maintaining privacy for all residents. With prices starting from 725,000 AED, Velencia’s units are competitively positioned in the Damac Lagoons

The payment plan for Velencia is structured in three clear stages. Buyers start with a 5% down payment at the time of the sales launch. During the construction phase, 55% of the property value is paid in scheduled installments. The remaining 40% is settled upon handover, allowing buyers to complete the payment once the unit is ready.


Velencia is a strong investment option due to its location within the master-planned Damac Lagoons community, offering waterfront living with integrated infrastructure. The project includes a variety of units—studios, one-bedroom, and two-bedroom apartments—with well-planned layouts and high-quality finishes, appealing to a wide range of buyers and renters.

The Mediterranean-inspired design, combined with views of clear lagoons and lush greenery, enhances the project’s attractiveness and rental value. Sandy beaches and recreational facilities within the community provide a complete lifestyle, supporting steady demand for the units.

Additionally, its strategic location with easy access to key destinations like Dubai Marina and Downtown Dubai strengthens resale potential and ensures long-term investment returns.


Velencia is developed and owned by Damac Properties, a leading real estate developer in Dubai known for delivering high-quality residential and mixed-use projects with modern designs and premium finishes. Their expertise ensures that Velencia meets international standards, offering residents a reliable and well-managed community within the vibrant Damac Lagoons development.


Velencia is expected to be delivered in March 2029, providing buyers with a modern residential community within Damac Lagoons. The scheduled completion ensures timely handover of high-quality units with premium finishes, thoughtfully designed layouts, and access to the project’s full range of amenities and waterfront lifestyle features.

Velencia is located within Damac Lagoons in Dubai, offering waterfront living with easy access to key city destinations.

Velencia is a freehold development, allowing investors and residents full ownership of their property with complete legal rights in Dubai.


Available Units

Type Bedrooms Bathrooms Area Layout Floor Plan Action
apartment Studio 1 379 sqft Type A20 Floor plan
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apartment 1 BR 2 776 sqft Type E15 Floor plan
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apartment 2 BR 3 1,165 sqft Type E2 Floor plan
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From AED 3,626,000
Townhouse Villa
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