Mykonos Townhouses by DAMAC Properties

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.

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.

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.