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60/40 · paid from booking to handover
Developer payment plan · Sep 2026
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This project: AED 612K · Launch starting price
Ask Sophia for recent DLD sales close to this project.
See what sold nearbyVelencia is off-plan and has no resales yet, so this shows the area trend
| Dec 2025 | AED 1,586/sq ft |
|---|---|
| Jan 2026 | AED 1,553/sq ft |
| Feb 2026 | AED 1,646/sq ft |
| Mar 2026 | AED 1,822/sq ft |
| Apr 2026 | AED 1,877/sq ft |
| May 2026 | AED 1,687/sq ft |
| Jun 2026 | AED 1,686/sq ft |
| Jul 2026 | AED 1,677/sq ft |
DLD sales transactions · DAMAC Lagoons · monthly medians · Dec 2025 – Jul 2026
DAMAC Lagoons
No nearby places on record for DAMAC Lagoons yet.
Open in Google MapsVelencia is a residential development by Damac Properties in DAMAC Lagoons. It is currently under construction, with handover scheduled for Q1 2029. Studios measure 378 sq ft, one-bedroom apartments 775 sq ft and two-bedroom apartments 1,164 sq ft. Launch pricing seen in October 2026 starts from AED 725,000 for studios. One-bedroom apartments are priced at AED 1,300,000 and two-bedroom apartments at AED 1,840,000.
The payment plan is a 5% down payment, 55% during construction and 40% on handover. The facilities include an indoor swimming pool, landscaped gardens, a yoga room, a gymnasium, restaurants, a children's play area and CCTV security.
Across DAMAC Lagoons, Dubai Land Department logged 2,093 property sales over the latest 12 months, 1,346 of them off-plan and 747 ready, at a median of AED 1,745.73 per sq ft. The most recent was on 2026-05-12.
Images supplied by the developer may be renders and can differ from the finished unit. Floor plans are indicative.
Velencia by Damac Properties in DAMAC Lagoons starts from AED 612,000. Prices vary based on unit type, floor, and view. Contact our team for detailed pricing across all available layouts and current promotional offers.
Velencia offers a flexible payment plan payment structure. Typical plans include an initial booking deposit, installments during construction, and final payment on handover. Our consultants can explain the specific payment schedule and help you plan your investment.
Velencia is scheduled for completion in Q1 2029. Construction is progressing on schedule. Buyers can track progress through regular developer updates.
Velencia by Damac Properties in DAMAC Lagoons offers strong investment potential. DAMAC Lagoons is one of Dubai's sought-after locations with consistent demand from both residents and investors. The project's location, developer reputation, and payment plan make it attractive for both end-users and investors seeking rental yields or capital appreciation.
Velencia is developed by Damac Properties, an established property developer in Dubai's real estate market. All developers in Dubai are regulated by RERA to ensure buyer protection.
Velencia offers world-class amenities including CCTV Security, Indoor Swimming Pool, Landscaped Gardens, Yoga room, Gymnasium and 2 more facilities. These amenities are designed to provide residents with a premium lifestyle experience.