One-Bedroom Apartment – Lagoon Views Phase 10, DAMAC Lagoons

AED 1.2 million buys a one-bedroom apartment of roughly 739 to 807 sq ft at Lagoon Views Phase 10, which works out to around AED 1,490 to 1,620 per square foot. For a compact unit with a private lagoon-facing balcony inside one of DAMAC's best-known waterfront communities, that is a relatively low ticket. Timing is the second consideration. Work on the tower began in August 2024, it is about 25 percent complete, and handover is set for March 2027, so the wait to a rentable or livable unit is short by off-plan standards. Inside, the apartments have floor-to-ceiling windows, smart-home systems and premium finishes. The tower also offers two-bedroom units of about 1,145 sq ft for those who need the extra room. Phase 10 belongs to DAMAC Lagoons, a Mediterranean-inspired, water-themed community by DAMAC Properties and one of the developer's most popular projects in Dubai. The lifestyle offer is broad: a full gym, a spa and sauna, swimming pools, running and cycling tracks, landscaped gardens, an outdoor cinema, private beach access, water sports and waterside promenades. The location ties in with where Dubai is expanding. The tower has direct access to Emirates Road (E611) and sits near business hubs, the airports and major upcoming projects such as Dubai South. Drive times are about 10 minutes to Dubai South, 15 minutes to the Expo 2020 site, 20 minutes to Dubai International Airport and 25 minutes to Al Maktoum International Airport.