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Dubai Lagoon - A Dubai Property Development Guide

Mar 13, 2008
Stylish, contemporary and catering to discerning tastes and modern lifestyles, Dubai Lagoon, in the heart of New Dubai, is an exemplar residential apartment community planned around a spectacular azure lagoon. This stunning property development offers its residents unsurpassed tranquility, accessibility and security.

Spread over 1.75 million square feet, Dubai Lagoon comprises 51 buildings offering a total of 4,166 units in a combination of one, two, three and four bedroom studios as well as penthouse apartments targeting the middle to high middle income classes. All buildings are designed to offer residents picturesque views of the lagoon and its scenic surroundings. Dubai Lagoon is a dream-come-true for homeowners.

-- Vibrant & Tranquil Living at Dubai Lagoon --

Creatively landscaped gardens, beautifully decorated walkways and extensive water views combine to offer an atmosphere of peace and tranquility.

Visible from the many apartments and walkways that surround its bank, the deep-blue waters of the man-made lagoon glisten and captivate, offering a permanently romantic setting for any occasion. The vibrant restaurants and quaint cafés that hug the cerulean shores of the lagoon epitomize the concept of fine dining. A continuous filtration system ensures the water remains clear, fresh and sapphire blue.

A proposed golf course that is designed to surround the development will only serve to enhance the existing environment.

-- Amenities at Dubai Lagoon --

Some of the amenities offered at Dubai Lagoon include:

- Super market
- Laundry
- World class gym
- Several swimming pools
- Sauna, Jacuzzi
- Squash courts, tennis courts, bowling alley
- Mosque
- Free hold zone business park
- Five star hotel
- Cafes & restaurants

-- Convenient Living at Dubai Lagoon --

The Dubai Lagoon property development is conveniently located in close proximity to Dubailand, Sports City and Global Village as well as the new airport. With easy access to a school and a university, two main highways, several shopping centers, a new free-hold zone business park, two 5-star hotels and numerous fine cafes and restaurants, Dubai Lagoon offers its residents the promise of unparalleled convenience and luxury.

-- Revolutionary Financing at Dubai Lagoon --

One of the most notable features of Dubai Lagoon is the revolutionary financing offered to private purchasers. This specially formulated 7-year payment plan allows purchasers the opportunity to pay 50% of the total amount over a 2 year period with the outstanding amount to be paid over 5 years in 60 equal monthly installments without any mortgages, loans or post dated cheques. Private buyers can move into the apartment upon payment of just 50% of the purchase price. Investors are allowed to sell to a third party after paying the first installment.

All apartments are 'ownership sub-lease hold title', which means, subject to UAE immigrations rules, all property buyers are eligible for family residence visas.

-- Dubai Then & Now --

No more an arid and barren wasteland that it once was, Dubai has become synonymous with extravagant and luxurious living. With luxuriant greenery, ingeniously landscaped lawns and flourishing gardens, this desert oasis has been transformed into a state-of-the art, upscale city.

With plenty of property development projects on the cards, real estate prices in Dubai are booming. What's more, they look all set to continue their upward trend in the next few years. For anyone looking to invest in Dubai Lagoon, there is no better time than now.
About the Author
Sandcastles Property offers for sale a wide range of UAE property to buy including Dubai Lagoon. Dubai property is becoming some of the most sought after UAE investment property
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