PIAZZA ROMA

OVERVIEW

DAMAC Lagoons is an off-plan commercial development by DAMAC Properties within a Mediterranean-inspired waterfront master community in Dubailand, with completion targeted for Q2 2030. The commercial component — known as Piazza Roma Offices at DAMAC Lagoons District — delivers boutique office units ranging from approximately 1,564 to 3,168 square feet within mixed-use buildings integrated into the residential master plan. The community spans approximately 49 million square feet and incorporates man-made beaches, crystal lagoons, and over 13,000 residential units. Office units benefit from lagoon, beach, or courtyard outlooks. Pricing commences from AED 2,437 per square foot on a 60/40 payment plan structured as 20 percent initial deposit followed by 40 monthly instalments of 1 percent.

OFFICE STOCK AND TENANT PROFILE

DAMAC Lagoons provides boutique commercial office units from approximately 1,564 to 3,168 square feet within select mixed-use buildings across the master community, with limited commercial inventory relative to the scale of the residential development. Units offer shell-and-core layouts with lagoon, beach, or courtyard-facing views, and large balconies or terraces in selected units. Building amenities in proximity include waterfront cafés, floating amphitheatres, beach lounges, clubhouse access, lagoon-side walkways, jogging tracks, and landscaped green courtyards. The community targets consultancies, wellness clinics, legal and financial firms, medical practices, creative studios, and remote-enabled businesses seeking a lifestyle-integrated workplace in a distinctive waterfront environment.

RENTAL MARKET

As an off-plan development, DAMAC Lagoons has no established rental market at the time of writing. Indicative projections based on a gross yield approach suggest a conservative gross return of approximately 8 percent on acquisition price — approximately AED 200 per square foot per annum — a practical scenario of 10 percent (approximately AED 250 per square foot per annum) and an optimistic scenario of 12 percent (approximately AED 300 per square foot per annum). Commercial yields in Dubai are structurally higher than residential, supported by shorter lease cycles and strong occupier demand in a supply-constrained market. Actual returns will depend on market conditions at handover and quality of occupier secured. Independent rental appraisal is strongly recommended prior to any acquisition commitment.

SALES MARKET

DAMAC Lagoons office units are offered for sale off plan on a freehold basis, priced from AED 2,437 per square foot on a 60/40 structure — 20 percent initial deposit, followed by 40 monthly instalments of 1 percent each over approximately 40 months, with 40 percent due at Q2 2030 completion. An additional 4 percent DLD fee applies. Units will be individually strata-titled. Purchasers should verify DAMAC Properties' DLD project registration and escrow arrangements. DAMAC is an established developer with a well-documented UAE track record. The 40-month monthly instalment structure provides a gradual capital build-up during construction, reducing the front-loaded commitment typical of percentage-at-milestone payment plans.

LOCATION AND ACCESS

DAMAC Lagoons is located in Dubailand, with direct access to Sheikh Mohammed Bin Zayed Road and Al Khail Road. DAMAC Hills and Tilal Al Ghaf are in immediate proximity. Dubai Marina is approximately 20 minutes by road; Downtown Dubai and Business Bay are approximately 25 minutes; Expo City Dubai is approximately 20 minutes; Dubai International Airport is approximately 25 minutes; and Al Maktoum International Airport is approximately 20 minutes. A future metro station is planned for the broader Dubailand corridor, with a stop expected near the DAMAC Lagoons district, though a confirmed route and opening date have not been formally announced at the time of writing. Road access via the E311 and E44 corridors currently provides the primary commuting infrastructure.

RISKS AND WATCHPOINTS

DAMAC Lagoons carries construction and delivery risk; the Q2 2030 completion target is the most distant handover in this analysis, extending pre-investment uncertainty by an additional year beyond the next-longest delivery horizon. The boutique commercial component is embedded within a predominantly residential master plan; commercial visibility, identity, and the owners' association cost allocation between residential and commercial units require careful pre-purchase scrutiny. Dubailand's commercial office market is at an early stage of maturation, and the depth of occupier demand for lifestyle-oriented boutique office space in a suburban waterfront community at the Q2 2030 handover date carries meaningful uncertainty. A future metro station is planned but unconfirmed, which limits the reliability of connectivity projections used in occupier and investor modelling.

STRATEGIC PERSPECTIVE

DAMAC Lagoons targets lifestyle-oriented businesses and investors seeking a distinctive waterfront office presence within one of Dubai's most ambitious master communities, at a price point between suburban and established central business district alternatives. The Mediterranean community aesthetic, lagoon and beach amenities, and curated retail create a working environment unlike any conventional office submarket in Dubai. For investors, the 40-month monthly instalment plan spreads capital risk across the construction period, and the Q2 2030 delivery allows maximum time for the Dubailand commercial market to mature. The investment case requires a positive long-term view on lifestyle-led commercial demand in suburban Dubai and patience through the four-year delivery horizon. Conservative yield assumptions and conservative exit valuation modelling are essential.