DAMAC Lagoons will aim to cater to families with children due to a large number of local nurseries, schools, and mosques, which are included in the developmentās master plan.Additionally, the area will house a regional mall that will cover an area of 2 million sq. ft., which is slightly larger than the well-known Mall of the Emirates. DAMAC Lagoons will have a huge D-shaped lazy river situated in the centre of the residences, which will provide plenty of entertainment for adults and children.
Property owners will have access to amenities in other clusters of the complex. For example, women living in any cluster will be able to visit ladies-only gyms, spas, and meditation lounges. The Play & Learn Hub will be an ideal place for children to play and learn new things through a sensory plaza, interactive water attractions, outdoor art exhibits, and an Augmented Reality (AR) nature trail.
If you are considering renting your DAMAC Lagoons property out, it is worth taking a look at the adjacent DAMAC Hills neighbourhood as a 3-bedroom villa to rent costs a minimum of AED 160,000 (USD 44,000) per annum. At the same time, this type of real estate generates an average ROI of 8% ROI, as of Q4 2022, according to Property Finder. Such high indicators clearly illustrate a lucrative investment potential of DAMAC Lagoons properties.
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