Buy Mykonos Townhouses at DAMAC Lagoons

  • Exceptional yearly rental yield of up to 8.5%.
  • Green golf community location, minutes from the future world's largest airport.
  • Mediterranean-style townhouses for family living.

Price starting from AED 2.47M (USD 545K)

Don't miss out on your next dream family home investment

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About Mykonos

Mykonos – a carefree lifestyle inspired by Greece’s finest resorts

Mykonos is a hub within the Mediterranean-style megacommunity DAMAC Lagoons, developed by DAMAC Properties. Inspired by the charm of Greece’s top holiday destinations, the sub-community offers elegant two-storey townhouses with 4 bedrooms and three-storey units with 5 bedrooms, starting from 2,282 sq.ft. Residences feature balconies, spacious terraces, maid’s rooms, covered parking, and large private gardens.

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Exclusive Design

The townhouses blend elements of ancient Cycladic architecture with modern Mediterranean aesthetics. Finishes include marble, stone, and wood — creating a luxurious yet cozy ambiance.

Access to Full DAMAC Lagoons Amenities

Residents of Mykonos will enjoy access to amenities across the entire megacommunity, including a lazy river, zipline, floating cinema and opera house, clubhouse, and more.

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Things you’ll love about this place

Swimming Pool

Relax in a grand pool surrounded by floating gardens, a scenic bridge, a fountain, and a poolside bar.

Things you’ll love about this place

Paradise Beach & Beach Club

Dive into a world of golden sunshine and soft sand, then party the night away at the vibrant beach club.

Things you’ll love about this place

Volcanic Rock & Windmill Parks

Enjoy a picnic or take a stroll with loved ones through these uniquely picturesque themed parks.

Things you’ll love about this place

The spa centre

A beauty salon will be located in the wellness area, offering 12 luxurious treatments performed by Mandarin Oriental’s highly-trained and extremely experienced specialists.

Economic Appeal

DAMAC Lagoons — A Promising Investment Destination

DAMAC Lagoons offers a lifestyle inspired by the best of the Mediterranean. Crystal-clear lagoons are surrounded by luxurious residences, social hubs, and entertainment venues. With abundant green spaces, attractions, and educational play zones, the community is especially popular among families. Once construction is complete, property values are expected to rise significantly.

01.

Carefree Resort Living

02.

High Capital Growth Potential

03.

Rental Income Opportunities

What you need to know

Cozy Townhouses Near the Beach

Spacious, light-filled townhouses are not only the perfect home for families, but also a smart investment asset. After completion in December 2025, you can rent out your property and enjoy passive income. Similar townhouses in the neighboring DAMAC Hills community offer an average rental yield of 5.7%. You can also profit from reselling the property — prices are expected to rise steadily, especially once the full DAMAC Lagoons infrastructure is complete.

Attractive 80/20 Payment Plan from DAMAC

  1. 20% Down Payment
  2. 60% On Construction
  3. 20% On Handover

About the developer

DAMAC Properties is one of the leading real estate developers in the Middle East, with projects also delivered across the Levant region, the USA, and the UK. Established in 2002, the company has successfully delivered over 48,000 homes, with another 50,000 currently under development. DAMAC Properties is a highly awarded and internationally recognized developer.

Location & Advantages

Lagoon Living in the Heart of the City

Mykonos will be surrounded by turquoise lagoons and white-sand beaches. It’s part of the DAMAC Lagoons community, located next to the iconic DAMAC Hills, another project by the same developer. DAMAC Hills features a golf course, a shopping mall, a wave pool, sports facilities, and a prestigious international school. Residents of Mykonos will enjoy quick access to business districts, educational institutions, hospitals, and Dubai’s main attractions. Travel time to Al Maktoum International Airport, Downtown Dubai, and Business Bay is approximately 30 minutes.

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Transport Accessibility

The Mykonos sub-community is located along Sheikh Zayed Bin Hamdan Al Nahyan Street, providing easy access to Dubai’s major highways.

Nearest Attractions

Within a 20 minute drive - Trump International Golf Club, Miracle Garden and Butterfly Garden.

Developed Infrastructure

DAMAC Lagoons features plenty of amenities, including waterfront restaurants, white-sand beaches, luxurious spas, a waterpark, boutique stores, a classic car museum, and scenic nature trail.

How it works

Own your property in 6 easy steps:

01
Leave an inquiry
Fill out the form on our website. Our team will swiftly get in touch to learn more about your preferences
02
Explore Your Options
The agent will then share a personalised list of properties matching your inquiry. For high-demand projects, our agent will try to secure the unit you need at a sale event
03
Effortless Closing
Once you've settled on a particular unit, we negotiate, prepare, and manage paperwork for you, securing optimal terms
04
Make a Down Payment
Initial down payments can vary based on the project. Please refer to the payment terms on this page or ask our agent
05
Get the Ownership Certificate
Once formalities are completed, a certificate of ownership for off-plan property or a title deed for a ready-to-move-in home will be issued in the name of the buyer
06
Residence Visa and Other Post-Sale Support
The final step is to help you get your residence visa and provide any post-sale assistance you may need, from snagging to property management and beyond
Interest-free payment plan
No hidden fees, no interest charges - just the original developer price spread over time
Trusted & Simple
Our agency, with 16+ years in real estate, is recognized as a trustworthy industry partner
360 degree services
With us you do not buy property, you get 360 degree services from buying to servicing your property to selling it
Golden Visa
Purchase real estate in the UAE for AED 2 million ($545,000) to receive a 10 year Golden Visa

Metropolitan Group

Metropolitan Group is a leader in 
the international real estate market

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.

Our awards:

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

You are in great hands

Andrew Laptev

I bought an apartment in Dubai with the help of this company. The transaction was completed easily and with minimal involvement from me. I am satisfied with the work of the company and recommend it to everyone interested in buying real estate in the UAE.

02 April 2024

Irina Severina

I bought apartments through the Metropolitan Premium Properties agency. The transaction was very fast, transparent and professional. The realtor manager helped to solve all the issues: we went to the notary together and registered at DEWA. Thank you very much! I recommend this company to everyone.

24 March 2024

Pam Spusta

The company's service is excellent! The manager helped to choose and showed the necessary property, answered all questions, helped with the check-in and resolved all organisational issues. Thank you so much for your help!

19 March 2024

Mario Korrai

I would like to thank and at the same time recommend the Metropolitan Premium Properties real estate agency! Everyone who values their time understands how important it is to find a professional who will quickly and accurately select the best options, since you can simply get lost in the number of objects. The company's agents helped us in many ways, shared their experience and were maximally involved in all the tasks that we faced during the transaction and not only.

11 March 2024

Mikhail Kozhevnikov

I have been cooperating with the company for almost two months. I would like to note the professional approach of the agents and the quick response to emerging issues. The residence was picked up in three weeks, and more than 20 apartments were viewed. After choosing the property, I got a significant discount from the developer, thanks to the efforts of the agents.  I am very pleased with the cooperation with Metropolitan Premium Properties!

08 Feb 2024

In the media:

Trusted & Simple

Customers say about us

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

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