DAMAC Lagoons Portofino

Portofino is an exclusive residential development by DAMAC Lagoons, which offers 3–5 bedroom townhouses and 7-bedroom villas. These prestigious residences will be surrounded by an extensive infrastructure and plenty of upscale amenities.
License number:
202302934469
Project number:
AED 1,400,000
Starting Price
2,012 sq. ft
Area from
3-7
Number of Bedrooms
DAMAC Lagoons
Location

About the Project

Portofino in DAMAC Lagoons is a collection of Italian-inspired townhouses and villas, which mix both luxury and comfort. The community is an ideal place for those who want to live away from the hustle and bustle of Downtown Dubai, but at the same time still have the opportunity to get there within a short period of time. Portofino is a unique project by DAMAC Properties, who is one of the leading developers in Dubai, known for projects such as DAMAC Hills, The Legends, Cavalli Tower, Greenwoods, and many more. 

DAMAC Lagoons occupies about 42 million sq. ft and consists of several clusters reminiscent of selected Mediterranean towns. The Portofino cluster offers a mix of leisure and work activities that will provide its residents with maximum comfort. Future residents can choose from 3–5 bedroom townhouses and 7-bedroom villas within this cluster.

All units boast their own covered parking spaces, several balconies and terraces, as well as spacious rooms with big windows that will provide residents with maximum light. Five-bedroom units also come with a maid’s room with an en-suite bathroom, and all residents will have an opportunity to relax in their own private garden and build a private pool.

Villas are 3-storey residences in beige and brown tones with wooden textures. Residents of this unique unit will be provided with two living/dining areas, one for everyday family time, and the other for formal gatherings, as well as two kitchens, including a practical one and a show kitchen, a maid’s room and a driver’s room with en-suite bathrooms, and a games room. Residents will be able to relax on a pool deck near their private swimming pool whilst listening to the nearby waterfall which will be located in their private garden.

Residents of Portofino will have access to a great number of amenities. The Work & Play Hub offers business and leisure activities including:

  • A thoughtfully designed business centre with transparent glass walls, spacious rooms and POD’s full of state-of-the-art technology 
  • Working areas located in the lagoon
  • Outdoor rooms for meetings
  • The aqua library with waterproof books and the aqua café
  • The aqua gym where one can work out with views of the gardens
  • An open-air music pavilion 
  • The outdoor spa 
  • The fishing lake 
  • The observatory where people of all ages can search for constellations and planets

Property prices

The starting price of a 3-bedroom townhouse with an area of 2,012 sq. ft is AED 1,400,000 (USD 381,000), while a 7-bedroom villa with an area of 9,292 sq. ft will cost you from AED 6,800,000 (USD 1,850,000). If you are interested in obtaining a unit in Portofino DAMAC Lagoons, please do not hesitate to contact us. Our Metropolitan Capital real estate agents are ready to provide you with the latest information about this cluster, as well as others, and will help you to choose the unit that will correspond to your needs and dreams.

Floor plan

Select type:

Location

  • 5–15 minutes  Hamdan Sports Complex, Dubai Polo & Equestrian Club, Dubai Autodrome
  • 20–35 minutes  Downtown Dubai, Business Bay, Dubai International Airport

The nearest kindergartens to Portofino include Blossom DAMAC Hills Nursery and Emirates British Nursery, which can both be reached within 10–15 minutes’ by car. For older children, there are Jebel Ali School and Fairgreen International School, which takes about a 15-minute drive to get to.

Residents of Portofino can get high-quality medical services at Aster Clinic, Remraam. The facility can be reached in less than a 10-minute drive from the community. 

Residents of Portofino can easily get to First Avenue Mall, which is built in a European style with Arabian influences, and offers 50 retail shops and over 15 cafes and restaurants. Another shopping destination within close proximity to the development is City Centre Me’aisem, which is a mall with fashion boutiques, bookstores, dining options and entertainment activities, such as CUCKOOS and Magic Planet. Both shopping destinations are located within 20–25 minutes’ away by car.

Portofino is part of the DAMAC Lagoons community, which is located opposite DAMAC Hills alongside Hessa Street. Residents of DAMAC Lagoons can get to the majority of areas in the emirate within a short period of time from this fairly central location. Travel time to Downtown Dubai, Business Bay and Dubai International Airport will take about a 35-minute drive.

Residents of Portofino can easily reach several popular landmarks of Dubai, including Dubai Polo & Equestrian Club, Dubai Autodrome and Hamdan Sports Complex. Travel time to the famous destinations takes about 15–20 minutes’ by car.

Economic attractiveness 

Obtaining a unit in Portofino in the DAMAC Lagoons community will enable you to enjoy a Mediterranean-style lifestyle and relax after a tiring day in one of the many entertainment options located right within the complex. Families with children will be glad to see a wide range of activities, as well as educational institutions, which are located in the nearby areas. Portofino in DAMAC Lagoons is also ideal for professionals and freelancers who want to live close to Downtown Dubai, but at the same aspire to work in some of the most creative zones in the city.

Portofino will provide you with comfort and a good investment. Potential investors will easily be able to find tenants wishing to experience a premium lifestyle, which will generate a stable income. Due to the developing infrastructure, the ROI in the area is about 5%, as of 2022, and will surely grow when the entire project reaches completion.

Project details

Starting Price
AED 1,400,000
Area from
2,012 sq. ft
This is some text
3-7
Location
DAMAC Lagoons

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  • 15% Down Payment
  • 55% During Construction
  • 30% On Completion
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