The Lagoons
About The Lagoons
The Lagoons, a magnificent waterfront property in Dubai, is beautifully located on the banks of Dubai Creek. The project is a partnership between Dubai Holding and Emaar Properties and spans a staggering six million square metres. The Lagoons is set to revolutionise waterfront living in Dubai by offering an unparalleled blend of urban sophistication and tranquil natural landscape. Seven distinctive islands, linked by bridges and waterways, create an idyllic backdrop for residential, commercial and leisure developments.
The property market in The Lagoons
The Lagoons offers an abundance of flats, townhouses and villas to suit all tastes and budgets. The area is primarily geared towards opulent living, making it an impeccable choice for wealthy investors and affluent residents. As a mixed residential development, The Lagoons also offers commercial spaces, hotels and entertainment options, adding to its appeal.
Property prices in The Lagoons
Property prices in The Lagoons vary depending on the type of property and its geographical location.
Flats cost between AED 1.2 and 4 million, while townhouses and villas are priced between AED 3.5 and 12 million.
Rents for flats start at AED 60,000 per year and rise to AED 180,000 per year for extravagant accommodation.
Rental prices for townhouses and villas in The Lagoons range from AED 150,000 per year to AED 400,000 per year.
Infrastructure in The Lagoons
The Lagoons' strategic location means that Dubai's key areas such as Downtown Dubai, Business Bay and Dubai International Airport are only 15-20 minutes away by car. This prime location offers seamless connectivity to the metropolis' major attractions and commercial centres, making it a desirable place to live and work.
Leisure and entertainment
The Lagoons offers a wealth of leisure and entertainment options, including parks, waterfront promenades and marinas. Residents can enjoy outdoor activities such as jogging, cycling and water sports in the area's picturesque surroundings. The district also offers an abundance of dining and retail options, providing residents with a vibrant lifestyle.
Facilities and health care
The Lagoons prides itself on offering a range of world-class amenities, including shopping, educational facilities and healthcare. The development is home to a number of prestigious international schools and clinics, as well as hospitals offering world-class medical services.
Public transport and parking facilities
The Lagoons is well connected to the rest of the city by a variety of public transport options such as the Dubai Metro, buses and water taxis. There is also ample car parking for residents and visitors in the development.
Economic attractiveness in The Lagoons
The convenient location and lavish amenities make The Lagoons a sought-after destination for local and international investors. The ongoing infrastructure development and expansion of the neighbourhood, coupled with the increasing demand for waterfront property in Dubai, is expected to drive up property prices and rental yields in the coming years.
To summarise, The Lagoons is an exceptional waterfront development offering a sophisticated lifestyle and rewarding investment opportunities. Its prime location, opulent properties and diverse amenities make it a tantalising proposition for those seeking an upscale lifestyle in Dubai.
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