Valencia

Valencia is a residential development by DAMAC, comprising four buildings and 170 apartments within the DAMAC Lagoons community in Dubai. Currently under construction, it offers semi-furnished studios and one- and two-bedroom residences priced from AED 769,000 to approximately AED 2.01 million.

# Four buildings, one Mediterranean-inflected community

DAMAC Lagoons operates as a self-contained district, and Valencia sits within that broader framework as a cluster of four low-rise buildings. The architectural language draws on Mediterranean references, with an emphasis on outdoor connectivity and water-facing communal space rather than the vertical density found elsewhere in Dubai's residential pipeline.

At 170 units across four structures, the development reads as deliberately contained. That scale shapes the resident experience in a practical way: shared amenities serve a smaller population, and the sense of enclave is more credible than in larger master-plan phases where common facilities are stretched thin.

Construction is at an early stage, with readiness currently recorded at seven per cent, so buyers are entering at the front of the build cycle.

# Residences, layouts and specification

The unit mix covers studios, one-bedroom and two-bedroom apartments, with floor areas running from 400 sq ft at the studio end to just over 1,417 sq ft for the largest one-bedroom configurations. Two-bedroom units cluster between roughly 1,155 sq ft and 1,302 sq ft, which gives them a practical footprint without the excess that inflates service charges on oversized layouts.

All residences are delivered semi-furnished. Kitchens come fully fitted with integrated appliances, stone countertops and cabinetry already in place, so buyers are not building from scratch. The semi-furnished designation means the living and bedroom areas arrive with a base specification, leaving room for personalisation.

Finishes follow a contemporary palette: clean lines, light flooring, and materials calibrated to the Mediterranean reference point the wider community uses as its design anchor.

# Pricing by bedroom type

Studios open at AED 769,000. One-bedroom apartments range from approximately AED 1.175 million to AED 1.743 million, with the spread reflecting differences in floor level and unit size across the four buildings. Two-bedroom residences start at AED 1.746 million and reach AED 2.011 million at the top of the range. Service charges are set at AED 17 per sq ft annually.

# What the amenities list covers

The communal offer at Valencia is broader than the building count would suggest, which is partly a function of it sitting within the larger DAMAC Lagoons ecosystem. Confirmed amenities include a swimming pool, gym, aqua gym, outdoor spa and outdoor yoga area. Cultural and entertainment programming is built into the physical infrastructure: a flamenco stage, lagoon night amphitheatre and outdoor cinema all appear in the confirmed amenity schedule.

The climate-cooling water canopy is a practical feature in a city where outdoor space becomes unusable for months without some mitigation of ambient heat. Smart pop-up retail capsules and a Mediterranean-style lounge round out the ground-level activation.

Floating pots and water-facing landscaping reinforce the lagoon aesthetic that defines the wider district.

# Position within Dubai's mid-market ownership landscape

Valencia's price points place it in the segment that generates consistent transaction volume from internationally mobile buyers: affordable enough to function as a first Dubai purchase or a yield-focused asset, substantial enough in specification to hold its position as the surrounding DAMAC Lagoons district matures.

The studio entry at AED 769,000 sits within reach of buyers from the UK, Europe and GCC markets where Dubai property has attracted sustained attention since 2021. One-bedroom units in the AED 1.2 million to AED 1.4 million range represent the volume of the market here, and the breadth of that band gives buyers meaningful choice on size and floor position without stepping into a different budget tier entirely.

Buying at seven per cent construction completion carries the standard off-plan considerations: delivery timeline, developer track record, and the long lead time before rental income or occupation becomes possible. DAMAC is a listed entity with an established delivery history in Dubai, which addresses part of that calculus. The completion date has not been publicly confirmed, so buyers should factor an open timeline into their planning.