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Mykonos Townhouses by DAMAC Properties

Mykonos Townhouses

Mykonos Townhouses is the latest off-plan townhouse cluster by master developer DAMAC Properties, offering well-designed 4 and 5-bedroom residences. This newest edition in DAMAC Lagoons will be the tenth sub-community bringing the charm of a Greek island to Dubai. Set close to Hessa Street (D61), the expected completion date of the water-inspired community is Q4 2025.

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Community Overview:

  • Mykonos is one of the ten sub-communities within DAMAC Lagoons, a waterfront off-plan project.
  • The community features Mediterranean-inspired villa communities, water cinema, kayaking, and more.
  • It’s located on the eastern side of the parent community, with easy access to communal and recreational facilities.
  • The sub-community brings iconic features of the Greek Island to Dubai, such as windmills, floating pool pods, honey bars, and volcanic stone parks.
  • Residents can enjoy a pristine beach, manicured lawns, and a beach club.

Mykonos Townhouses Property Types:

Mykonos offers luxurious townhouses, primarily available in 4 and 5-bedroom layouts.

4-Bedroom Townhouses:

  • Ground floor: Spacious living area, kitchen, guest room, and laundry area.
  • First floor: Remaining bedrooms with attached bathrooms and fixed wardrobes, plus a private garden, garage, and terrace.

5-Bedroom Townhouses:

  • First floor: Living room with an in-house garden, kitchen, powder room, guest room, and a garage.
  • Second floor: Master bedroom and two additional bedrooms.
  • Top floor: An extra bedroom and a rooftop terrace.

Sales Trends:

The price range for townhouses in Mykonos is as follows:

  • 4-bedroom townhouses range from AED 2M to AED 2.5M.
  • 5-bedroom townhouses cost approximately AED 2.7M to AED 3.4M.

The neighborhood is part of Dubai’s freehold areas, making it accessible to non-GCC Nationals.

Payment Plan:

  • DAMAC Properties offers a flexible payment plan with an 80/20 schedule.
  • Buyers can secure their property with a 20% down payment, which includes 4% DLD (Dubai Land Department) fees.
  • The remaining 80% can be paid in easy installments during the construction phases.

Location:

  • Mykonos is neighbored by sub-communities like Costa Brava and Portofino.
  • The Mall of the Emirates is a convenient 20-minute drive away.
  • The Trump International Golf Club is just a 9-minute drive from the community.

In conclusion, Mykonos Townhouses by DAMAC Properties offer a taste of luxurious living inspired by the Greek island of Mykonos in the heart of Dubai. With stunning property options, a flexible payment plan, and a strategic location, this project provides an attractive opportunity for those seeking a blend of elegance and modern living.

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