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Price starting from AED 1.85M (USD 500K)
Invest in a dream place for young professional buyers
About Ibiza
Ibiza is one of ten distinctive clusters within the DAMAC Lagoons community, with construction launched in 2022. Inspired by the lively spirit of the world-famous Spanish island — a global hotspot for nightlife — this sub-community offers stylish 4- and 5-bedroom townhouses featuring terraces, balconies, and private garages. The homes will include sunlit living rooms and bold, extravagant kitchens, designed to reflect the carefree and energetic vibe of Ibiza.
Each home will feature a lush garden with a cozy patio — the perfect space to unwind and enjoy the outdoors.
The design of the townhouses blends traditional Spanish architecture with modern elements. A radiant white palette combined with warm wood tones will create a welcoming and creative atmosphere.
Economic Appeal
Buyers from all over the world are betting on DAMAC Lagoons as one of the most promising destinations. Its unique concept of a Mediterranean-style megacommunity, where crystal lagoons are surrounded by entertainment facilities and premium residences, offers strong potential for high returns on investment.
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What you need to know
Spacious townhouses with private patios are an excellent choice for large families, as well as for those who appreciate luxury and vibrant nightlife. The Ibiza hub is scheduled for completion by the end of 2025 — at which point you can move into a stunning home or begin renting it out. The ROI for townhouses in the neighboring DAMAC Hills community is 5.7%, suggesting similar or higher returns in Ibiza. You can also earn a solid profit through resale, as property prices are expected to rise significantly once construction of DAMAC Lagoons is completed.
About the developer
DAMAC Properties is an internationally renowned developer that has played a major role in shaping the modern skyline of the UAE. Among its most notable projects are DAMAC Hills, DAMAC Hills 2, and Cavalli Tower in Dubai, as well as DAMAC Tower Nine Elms in London. The developer has already delivered over 48,000 residences, with a similar number currently in the off-plan stage.
Location & Advantages
Ibiza is surrounded by crystal lagoons with beaches, green areas, and world-class entertainment. DAMAC Lagoons will also feature a massive lazy river, wave pool, water park, fitness centers, restaurants, and boutiques. Nearby lies the green community of DAMAC Hills, home to a golf course and an international school. Thanks to excellent transport connectivity, residents will enjoy easy access to business hubs and iconic city landmarks.
Ibiza is located near Sheikh Zayed Bin Hamdan Al Nahyan Street and Hessa Street, providing easy access to various parts of the emirate.
Within just 15 minutes you can reach Dubai Polo & Equestrian Club, Trump International Golf Club, and Miracle Garden.
DAMAC Lagoons will include children’s playgrounds, F&B outlets, luxurious beaches, retail shops, restaurants, a clubhouse, a water park, and diverse entertainment options.
How it works
With over 16+ years of experience, Metropolitan Group is one of the largest and most reliable agencies in the UAE. Our offices are located in Dubai, Abu Dhabi and Vienna.
Emaar Brokers Awards 4th Place - 2023
No 1 Top Partner Metropolitan Premium Properties - 2023
DAMAC Top 3 Agency 3rd Place - 2023
The Black Onyx Awards, Nakheel and Meraas Holding - 2024
Trusted & Simple
Pam Spusta
The company provides excellent service! The manager helped me choose the perfect property, took me to the viewing, answered all of my questions, helped me move in and handled other issues that came up along the way. Thank you so much for your help!
23 Jan 2024