Ibiza by DAMAC Lagoons

Ibiza is the newly launched phase of the popular community of DAMAC Lagoons, which is distinguished by a huge water lagoon. The neighbourhood offers an authentic Mediterranean-themed ambiance, inspired by the bustling nightlife, natural scenic beauty and the mystical historical sites of Ibiza.

The development company of the residential project is one of the leading developers in the emirate – DAMAC Properties. At the moment the total community of DAMAC Lagoons is under construction with the estimated date of completion set to be in 2024.

Residences in Ibiza are distinguished by a cascade of natural light flowing into the home through panoramic windows. Units offer bright and warm living rooms, extravagant kitchens, as well as creative escapes.

Townhouses with five bedrooms have ground, first and second levels. The layout of the top floor comprises a bedroom with a bathroom, a maid’s room with an en-suite bathroom and a terrace.

The main feature of DAMAC Lagoons are azure blue lagoons, which are situated throughout the community.

There are several residential clusters in the community of DAMAC Lagoons and residents will have access to various themed Activity Hubs including the Youth Hub, Work & Play Hub, Central Hub, Tranquility Hub, Fun Hub, and many more within the different communities.

Amenities within the Ibiza cluster will comprise a Boho Lounge, a hammock chill area, a sunset beach and a Tapas Lounge, which offers an authentic Spanish gastronomic experience.

Residents of the sub-community will be able to spend time with their families and friends at the Foam Party and Music Festivals.

4-BEDROOM TOWNHOUSE

Bedroom — 4

LTH-4H-M

Garden

Carport

Patio

5-BEDROOM TOWNHOUSE

Bedroom — 5

LTH-5H-E

Garden

Carport

Patio

The initial price for a 4-bedroom townhouse in the Ibiza neighbourhood constitutes AED 2,100,000 (USD 572,000).

By purchasing a townhouse in Ibiza, investors will be eligible to apply for the UAE Golden Visa, which offers a 10-year residency and family sponsorship. The developer offers an easy 80/20 payment plan for Ibiza at DAMAC Lagoons.

Residents will enjoy fast access to the key highways of the emirate including Emirates Road, Mohammed Bin Zayed Road and Al Khail Road. Travel time to Al Maktoum International Airport will take a 25-minute drive, while Dubai International Airport can be reached within 40-minutes’ by car.

Al Maktoum International Airport

25-minute

Dubai International Airport

40-minute

All the necessary objects of infrastructure such as Jebel Ali School, Fairgreen International School, Aster Medical Center, Dubai Polo & Equestrian Club and First Avenue Mall are located nearby. The above-mentioned facilities can be reached within a 5–10 minute drive.

The nearest landmarks include Trump International Golf Club, Dubai International Stadium, Jumeirah Golf Estates ClubHouse and much more. The time it takes to reach these attractions takes about a 15-minute drive.

Economic appeal

Stunning townhouses in the Ibiza sub-community are ideally suited for young couples and families with children due to their spacious floor plans. The complex features a wide range of family-oriented amenities including beaches, swimming pools, sports features and much more. Young couples will appreciate the coastal party vibes, music festivals and the white sandy beaches of Ibiza.

The neighbourhood of DAMAC Lagoons, where Ibiza will be situated, is an iconic destination, which provides a resort lifestyle due to a variety of facilities for entertainment and recreation. Residents will also be able to enjoy close proximity to the emirate’s key destinations and good transport accessibility.