Off-PlanHandover 31 Mar 2029Under Construction
Velencia
Dubai, Damac Lagoons
BEDROOMS
0 - 1 - 2 Beds
SIZE FROM
379 sqft
PROPERTY TYPE
Apartments
HANDOVER
31 Mar 2029
Premium Amenities
CCTV Security
Restaurants
Children's Play Area
Landscaped Gardens
Gymnasium
Indoor Swimming Pool
Payment Plan
5% Down5%
Down Payment
IMMEDIATE
2026-04-0810%
During Construction
WITHIN 1 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 3 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 6 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 9 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 12 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 15 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 18 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 21 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 24 MONTH(S) OF BOOKING
2026-04-085%
During Construction
WITHIN 27 MONTH(S) OF BOOKING
2026-04-0840%
On Handover
ON COMPLETION
2026-04-08Floor Plans & Available Units
LayoutUnit TypeSizePrice
Type A20
379 sqft
AED 725,000
Location
Dubai, Damac Lagoons
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Developed By
Damac Properties
One of Dubai's most reputable real estate development companies.
View all Damac Properties projectsSimilar Projects
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Velencia
Frequently Asked Questions about Velencia
What is Velencia?
Velencia is an off-plan development by Damac Properties in Damac Lagoons, sold before completion. Unit types, floor plans, pricing and the payment schedule are listed on this page, along with the expected handover date.
What payment plan is available for Velencia?
Velencia is offered with a developer payment plan, generally a booking deposit followed by construction-linked instalments and a final amount at handover. The payment plan section above shows the exact split for this project.
When is Velencia expected to complete?
The expected handover date is shown in the project timeline on this page. Construction progress is tracked against RERA-registered milestones, and payments fall due as those milestones are certified.
Is buying Velencia off-plan protected?
Yes. As a RERA-registered project, buyer funds are held in a project escrow account and released to the developer against verified construction progress, rather than paid directly to the developer upfront.
What are the additional costs for Velencia?
Beyond the unit price, budget for the 4% Dubai Land Department registration fee and any applicable agency commission. Dubai charges no annual property tax and no capital gains tax on residential property.