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Velencia

Dubai, United Arab Emirates

From

AED 725,000

Payment

5/55/40

Units

3

Type

apartment

4 photos
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  • Overview
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  • Masterplan
  • Floor plans
  • Units
  • Area
  • Location
  • Calculator
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Velencia — photo 1 of 3

Velencia1 / 3

Velencia — photo 1

Velencia

Premium

Damac Properties logoDamac Properties · Dubai, Damac Lagoons, Lagoon Views, Valencia

View on project map →Google Maps →

FROM AED 725,000· AED 1,582/sqft

Download Free PDF Brochure →WhatsApp
Discover moreCheck availability
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Key information

Delivery date
Q1 2029
Location
Dubai, Damac Lagoons, Lagoon Views, Valencia
Payment plan
5/55/40
Property types
Apartment
Government fee
4% DLD
Ownership type
Freehold
Developer
Damac Properties
Status
Off-plan

Project timeline

  1. Project listed

    Available now

    Step 1 of 4
  2. Booking

    Open

    Step 2 of 4
  3. Construction

    Off-plan

    Step 3 of 4
  4. Expected completion

    Q1 2029

About the project


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
Download brochure →

Unit type sizes

  • Studio apartments — sizes 377 sqft
  • 1 Bed apartments — sizes 775 sqft
  • 2 Beds apartments — sizes 1,163 sqft

Velencia masterplan

Master development layout for Damac Properties's Velencia.

Masterplan for Velencia

Floor plans

3 layouts published for Velencia.

Floor plans — Velencia1 / 3

Floor plans — Velencia — photo 1

Living in Damac Lagoons

Explore off-plan projects in Damac Lagoons, Lagoon Views, Valencia.

Projects
1
Unit options
3
From
AED 725,000
Avg launch
AED 1,288,333

Dubai · 1 active off-plan launches with unit-level pricing and brochures on invest off-plan.

Explore Damac Lagoons →

Location

Dubai, United Arab Emirates · Damac Lagoons, Lagoon Views, Valencia

Open in Google MapsView on project mapExplore Damac Lagoons

Payment plan calculator

For Velencia

AED 250,000 – 50M AED

Plan: 5/55/40

Down payment: AED 36,250

Down payment (5%)During construction (55%)On handover (40%)
Phase%Amount
Down payment5%AED 36,250
During construction55%AED 398,750
On handover40%AED 290,000

Financing part of the purchase? Model your mortgage and get pre-approved →

Unit types

BedsSizeTypeFrom
2 Beds1,163 sqftapartmentAED 1,840,000
1 Bed775 sqftapartmentAED 1,300,000
Studio377 sqftapartmentAED 725,000

2 Beds · apartment

1,163 sqft

AED 1,840,000

5/55/40

1 Bed · apartment

775 sqft

AED 1,300,000

5/55/40

Studio · apartment

377 sqft

AED 725,000

5/55/40

Velencia FAQ

How much does a unit in Velencia cost?

Launch prices at Velencia start from AED 725,000 for Studio to 2 Beds residences. Unit-level pricing for every available layout is listed in the unit table above, refreshed weekly from live inventory.

When will Velencia be completed?

Velencia by Damac Properties has a published handover target of Q1 2029. Off-plan completion dates can move — the timeline section above reflects the developer's latest stated schedule.

What payment plan is offered at Velencia?

The published structure is 5/55/40. Use the payment calculator on this page to model the instalments against your budget.

Does buying in Velencia qualify for a UAE Golden Visa?

Units from AED 725,000 sit below the AED 2M Golden Visa threshold, but higher-priced layouts in the project may qualify. Eligibility rules evolve — verify current criteria before committing.

Who is the developer behind Velencia?

Velencia is developed by Damac Properties in Damac Lagoons, Lagoon Views, Valencia, dubai. See the developer page for their full off-plan portfolio and track record on this platform.

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Starting from

AED 725,000

AED 1,582/sqft

Payment plan
5/55/40
Delivery
Q1 2029
Units
3
WhatsApp us

Speak to our off-plan team

Our Dubai off-plan specialists can share availability, floor plans, and the latest payment plans for Velencia. No pressure, just answers.

+971 58 527 6222

Off‑Plan
Newsletter.

Exclusive insights on the latest off-plan opportunities.

invest off-plan
ProjectsDevelopersAreasGuidesNewsFAQAboutContact

Guides

  • Buying Off-Plan
  • Finding the Right Developer
  • Understanding Payment Plans
  • Off-Plan for Foreign Investors
  • Acquiring the Golden Visa

Collections

  • Waterfront Projects
  • Branded Residences
  • Under AED 2M
  • Dubai Off-Plan
  • Ras Al Khaimah
Telephone: +971 44 321 620Email: iop@investoffplan.comAddress: Business Bay, Dubai
PrivacyCookies

© 2026 invest off-plan · Powered by Aria Properties LLC · DRN 20678, a licensed real estate brokerage in Dubai