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About Mykonos at DAMAC Lagoons
Mykonos is a Greek-island-themed townhouse cluster within DAMAC Lagoons, the lagoon-led master community off Sheikh Mohammed Bin Zayed Road.
Launch pricing was cited between about AED 2.47M and 2.9M; resale four-bedroom homes ask roughly AED 2.5M to 3M. The 20/60/20 plan is the most cited.
Most current listings target Q4 2026.
Payment
Payment plan
80/20 — 20% on booking, 60% during construction, 20% on handover
At a glance
Mykonos at DAMAC Lagoons key facts
- Developer
- DAMAC Properties
- Community
- DAMAC Lagoons
- Status
- Under construction
- Handover
- Q4 2026
- Starting price
- AED 2.47M
- Unit types
- 4 Bedroom Townhouse, 5 Bedroom Townhouse
- Payment plan
- 80/20
- Ownership
- Freehold — open to all nationalities
Cost breakdown
What you pay, and when
Worked example on the starting price of AED 2.47M. Amounts scale with the unit you choose.
At this price the purchase meets the AED 2M threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
Process
How to buy at Mykonos at DAMAC Lagoons
- 01
Shortlist and reserve
Choose a unit type and view at Mykonos at DAMAC Lagoons and secure it with the booking deposit set out in the payment plan.
- 02
Sign the SPA
DAMAC Properties issues the Sales and Purchase Agreement. Review the payment schedule, handover clause and specification before signing.
- 03
Oqood registration
The off-plan sale is registered with the Dubai Land Department (Oqood). The 4% DLD fee is payable at this stage.
- 04
Construction instalments
Instalments are paid into the project escrow account as construction milestones are reached.
- 05
Handover and title deed
On completion (scheduled Q4 2026), the final payment is made, a snagging inspection takes place and the title deed is issued.
Our read
The honest view
Every project has trade-offs. Here are both sides, so you can judge whether this one fits what you actually want.
What stands out
- Crystal lagoon lifestyle
- Themed Mediterranean architecture
What to weigh
- Some older listings cite Q4 2025
- Car-dependent location
FAQ
Mykonos at DAMAC Lagoons — frequently asked questions
What is the starting price of Mykonos at DAMAC Lagoons?
Published pricing at Mykonos at DAMAC Lagoons starts from AED 2.47M. Developer pricing changes with each release, so contact MRK Real Estate to confirm current availability.
When is the handover of Mykonos at DAMAC Lagoons?
Mykonos at DAMAC Lagoons is scheduled for handover in Q4 2026. Off-plan timelines can move, so confirm the current schedule before committing.
What is the payment plan for Mykonos at DAMAC Lagoons?
80/20 — 20% on booking, 60% during construction, 20% on handover
Who is the developer of Mykonos at DAMAC Lagoons?
Mykonos at DAMAC Lagoons is developed by DAMAC Properties in DAMAC Lagoons, Dubai.
What unit types are available at Mykonos at DAMAC Lagoons?
Mykonos at DAMAC Lagoons offers 4 Bedroom Townhouse, 5 Bedroom Townhouse.
Where is Mykonos at DAMAC Lagoons located?
Mykonos at DAMAC Lagoons is in DAMAC Lagoons, Dubai.
Can foreigners buy at Mykonos at DAMAC Lagoons?
Yes. DAMAC Lagoons is a freehold area, so buyers of any nationality can own property at Mykonos at DAMAC Lagoons outright.
Does buying at Mykonos at DAMAC Lagoons qualify for the UAE Golden Visa?
Units at Mykonos at DAMAC Lagoons start at AED 2.47M, which meets the AED 2 million property threshold for the 10-year UAE Golden Visa (subject to current ICP rules).
What are the purchase costs at Mykonos at DAMAC Lagoons?
Beyond the purchase price, the Dubai Land Department charges a 4% registration fee — about AED 99K on the starting price — plus a small admin and trustee fee.
How do I buy or sell at Mykonos at DAMAC Lagoons?
MRK Real Estate advises on primary purchases and resales at Mykonos at DAMAC Lagoons. Message us on WhatsApp for availability, floor plans and a valuation.
Figures shown are as published by the developer and were last checked on 2026-10-31. Developer pricing, availability and handover dates change between releases — we confirm current terms directly with DAMAC Properties before any transaction.
