Reemah Elite Real Estate
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Projects·Dubai·DAMAC Lagoons
Mykonos, townhouses in DAMAC Lagoons, Dubai, by DAMAC Properties
Off-PlanTownhouses

Mykonos

DAMAC Lagoons · Dubai · by DAMAC Properties
Details are indicative, confirm with our desk before transacting
5 photos of Mykonos. Renders and photography supplied by DAMAC Properties.
Price from
AED 2.47M
entry price
Bedrooms
4BR-5BR
Townhouses
Handover
Q2 2027
Off-Plan
Est. gross yield
On ask

DAMAC Properties is building Mykonos, a townhouse project in DAMAC Lagoons, Dubai, offering 4BR-5BR. At AED 2,470,000 it is the 21th lowest entry of the 29 priced DAMAC Lagoons projects we track, above the DAMAC Lagoons median of AED 1,569,000. AED 592,800 gets it started, being the 20 percent booking of AED 494,000 alongside AED 98,800 of transfer fee, registration charges excluded. The keys are due Q2 2027, roughly 9 months away, by which point AED 1,482,000 of the AED 2,470,000 will have fallen due. Asking prices across 51 live units ran AED 2,130,000 to AED 4,650,000 when we last looked in September 2026.

Why it makes the list
  • Launch price from AED 2,470,000
  • 60/40 payment plan
  • Handover Q2 2027
  • 4BR-5BR homes
Payment structure
60/40
Modelled on entry price AED 2.47M
Booking / down payment20% · AED 494,000
During construction40% · AED 988,000
On handover40% · AED 988,000

Payment plan as published on the developer's project listing, captured 2026-09-16. Confirmed with our desk before reservation. Figures shown against the entry price. Confirm the live schedule with our desk. Indicative, not financial advice.

Cost to entry
What it takes to secure a unit at Mykonos: the down payment plus government and trustee costs, before the mortgage question.
Down payment20%
AED 494,000
DLD fee4%
AED 98,800
Trustee + adminfixed
≈ AED 4,500
All-in entry estimate
AED 597,300
Down payment 20% + DLD 4% + trustee. Indicative, not financial advice.
Location
DAMAC Lagoons · Dubai
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DA
Developer
DAMAC Properties
Tier 1 developer · 43,000+ units delivered across the Middle East · since 2002
Track record →
Data provenance

Details for Mykonos are compiled from the developer’s published project listing, captured 16 September 2026. Figures are indicative and are reconfirmed against DAMAC Properties’s current inventory before any reservation. Spotted something out of date? Tell us and we will check it against the source.

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