What property types are available at Velencia?

The published mix is Apartment with Studio–2 bedrooms. Availability should be confirmed for the selected release.

What is the payment plan for Velencia?

The published payment plan is 5/55/40. Purchase terms should be confirmed before reservation.

When is Velencia expected to be completed?

The published handover target is Q1 2029. Construction schedules may be revised by the developer.

Velencia | Damac Lagoons Property | 3G Real Estate Dubai

Velencia by DAMAC Properties in Damac Lagoons, Dubai. Freehold studio to 2-bedroom apartments, approximately 379–1,165 sq ft with 1–3 bathrooms. Under construction with published handover Q1 2029. Catalogue starting price AED 725,000. The available residences include Studio–2-bedroom apartments with 1–3 bathrooms, spanning approximately 379–1,165 sq ft. The lifestyle offering features Indoor swimming pool, Landscaped gardens, CCTV security, Gymnasium, Restaurants, and Children's play area. As an off-plan project, it carries a published 5/55/40 payment plan and a Q1 2029 handover target. For investment planning, the working model uses a 6% stabilized gross rental yield and 11% expected ROI; ROI includes a fixed 5% appreciation assumption, and actual returns can vary with costs, vacancy and market conditions. Buyers should reconfirm current availability, service charges, final layouts and contractual terms before committing.