Eligible for a visa program
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Astons > Real Estate > UAE > Villas and townhouses at Morocco by DAMAC Lagoons
Eligible for a visa program
ID #: UE004. Further information and photos are available on request.
DAMAC Properties is proud to announce its latest gem, Morocco, located within the prestigious DAMAC Lagoons development. This exquisite cluster offers a selection of 471 residences, comprising 428 4-5 bedroom townhouses and 43 exclusive 6-7 bedroom villas. Morocco pays homage to the rich Moroccan traditions, with finishes that boast Zellij mosaic tiles and intricately carved woodwork. This artful blend of materials creates an ambiance of timeless elegance.
Villas at Morocco range from 2 to 4 floors, ensuring ample living space for discerning homeowners. Each villa includes coveted features such as a covered garage, terrace, patio, laundry/storage room, and balcony. Elevators, pools, saunas, steam rooms, home gyms, cigar and sports lounges, cellars, barbecue areas, dining rooms, offices/bedrooms, Jacuzzis, and game rooms are thoughtfully integrated into select villas, elevating the living experience to unparalleled heights.
Morocco’s strategic location provides effortless access to major roadways such as Al Khail Road, Emirates Road, and Mohammed Bin Zayed Road, ensuring seamless transportation around the emirate. Key destinations like DIFC, Dubai Marina, and both DXB and DWC international airports are all within a 35-minute drive. While public transportation infrastructure is developing, private cars and cabs offer convenient mobility.
Within a 15-minute drive radius, residents will find an array of essential facilities, including renowned educational institutions, healthcare providers, and shopping options. Some of these include:
Living at Morocco grants you access to the exclusive amenities of DAMAC Lagoons, including family gazebos, infinity pools, a floating amphitheater and movie theater, cafes, restaurants, a shopping mall, sports facilities, spas, and much more.
Investing in Morocco at DAMAC Lagoons offers the opportunity to secure a 10-year “Golden Visa” for you, your family members, and domestic staff, provided the property value exceeds AED 2 million (USD 545 thousand). Additionally, all “Golden Visa” holders receive an Esaad card, entitling them to discounts at over 7.2 thousand brands, both in the UAE and internationally.
If you are considering renting out your property in Morocco, you can anticipate significant returns. Based on the performance of neighboring DAMAC Hills, Property Finder reports an average gross yield of 8.1% for four-bedroom townhouses, with a starting annual rental price of AED 170k (USD 46k) in May 2023. Morocco promises not only luxury living but also a sound investment opportunity.
Eligible for a visa program
Eligible for a visa program
Eligible for a visa program
Eligible for a visa program
Eligible for a visa program
Eligible for a visa program
Eligible for a visa program
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Information made available on this website in any form is for information purposes only. It is not, and should not be taken as advice. You should not rely on, or take or fail to take any action based upon this information. Please do not disregard professional advice or delay in seeking advice because of something you have read on this website. Astons professionals will be pleased to discuss any specific questions you have.
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