Mykonos, DAMAC Lagoons
Project Highlights
Key features
4 and 5-bedroom townhouses
Inspired by the Greek island of Mykonos
Features like windmills, floating pool pods, honey bar, and volcanic stone parks
The Glow Lounge for experiencing light and shadow interplay
Pristine beach, manicured lawns, and a beach club
Part of DAMAC Lagoons, offering water-based activities and communal facilities
DAMAC Properties, a leading developer in the UAE, introduces Mykonos, the tenth sub-community within DAMAC Lagoons. This off-plan project features well-designed 4 and 5-bedroom townhouses, bringing the charm of the Greek island to Dubai. Located close to Hessa Street (D61), Mykonos is set for completion in Q4 2025. The community is designed to offer luxury island living with Mediterranean-inspired villas, water cinema, kayaking, and more. Mykonos is situated on the eastern side of DAMAC Lagoons, providing easy access to communal and recreational facilities.
The masterplan of Mykonos includes luxury residences with waterside amenities and iconic features of the Greek island, such as windmills, floating pool pods, a honey bar, and volcanic stone parks. The homes feature Cycladic architecture with bohemian earthy exteriors, artisanal features, and a perfect blend of flora. The Glow Lounge is a highlight, offering a unique experience of light and shadow. Other amenities include a pristine beach, manicured lawns, and a beach club.
Properties in Mykonos consist mainly of 4 and 5-bedroom townhouses, with coverage areas ranging from 2,315 sq. ft. to 3,500 sq. ft. The 4-bedroom townhouses are two-storey, featuring an expansive living area, a fitted kitchen, a guest room, and a laundry area on the ground floor, with the remaining bedrooms on the first floor, each with attached bathrooms and fitted wardrobes. They also include a private garden, a garage, and a terrace. The 5-bedroom townhouses have a living room with doors opening to an in-house garden, a kitchen, a powder room, a guest room, and a garage on the first floor, with bedrooms spread across the second and top floors, including a rooftop terrace.
DAMAC Properties offers a flexible payment plan for buyers, with a down payment of 20% (inclusive of 4% DLD) and the remaining 80% payable in easy instalments over 33 months, with final settlement upon 100% completion.
Market Trends & Living Insights
Real Estate Market Trends & Prices
Recent sale transactions in Mykonos show that townhouse prices range between AED 2.3M and AED 3.3M, depending on the unit size and specifications. For example, 4-bedroom townhouses have recently sold between AED 2,330,000 and AED 2,654,080, while 5-bedroom units have fetched between AED 3,150,000 and AED 3,300,000. The starting price for townhouses in the community is AED 2M, with larger units reaching up to AED 3.4M. Although rental prices are not yet available since Mykonos is an off-plan project, such developments in Dubai especially those by trusted developers like DAMAC Properties tend to offer promising returns on investment due to the potential for strong capital appreciation after completion.
Popular Property Types & Layouts
Layouts:
4-bedroom: Two-storey, ground floor with living area, fitted kitchen, guest room, laundry; first floor with three bedrooms (each with en-suite and fitted wardrobes); includes private garden, garage, and terrace.
5-bedroom: First floor with living room (access to in-house garden), kitchen, powder room, guest room, garage; second floor with master and two bedrooms; top floor with additional bedroom and rooftop terrace.
Pros & Cons of Living in Mykonos
Pros:
Luxury living with a unique Greek island theme
Variety of water-based amenities and activities
Part of a larger, well-planned community
Good connectivity via Hessa Street (D61)
Potential for capital appreciation as an off-plan property
Cons:
Still under construction, completion in Q4 2025
May be considered far from central Dubai by some
Higher price point compared to other areas
Transportation & Parking
For residents with cars, Mykonos at DAMAC Lagoons offers excellent connectivity via major roads like Hessa Street (D61), Sheikh Mohammed Bin Zayed Road, and Al Khail Road, allowing easy access to key areas such as Downtown Dubai (30 minutes) and Dubai International Airport (34 minutes).
Public Transportation in Mykonos
Public transportation options are currently limited as the community is still developing, but residents can access:
Nearest Metro Station: Jumeirah Golf Estates Metro Station, approximately 15 minutes by car.
Bus Stops: Several bus stops are available within DAMAC Lagoons and nearby areas, though specific routes may vary.
Main Roads: Excellent access to Hessa Street (D61), Sheikh Mohammed Bin Zayed Road, and Al Khail Road.
Other Options: Future plans include extending the metro network and introducing eco-friendly transportation options like cycling paths.
Amenities, Schools & Healthcare
Supermarkets Near Mykonos
Residents of Mykonos have access to several supermarkets in and around DAMAC Lagoons for daily shopping needs. As the community develops, more retail options are expected to become available.
Carrefour Market (located in DAMAC Hills or nearby)
Spinneys (available in DAMAC Hills or nearby)
Geant Express Supermarket (in Al Barsha or nearby)
Viva Supermarket (nearby)
Mosques, Temples, and Churches in Mykonos
Mosques: Available within DAMAC Lagoons and in nearby DAMAC Hills, catering to the Muslim community.
Temples: The nearest Hindu temples are located in Bur Dubai, approximately 30-40 minutes away by car.
Churches: Christian churches are accessible in Jebel Ali and other areas, about 20-30 minutes away.
Nurseries, Schools, Higher Education in Mykonos
Nurseries:
The Wonder Years Nursery (nearby)
Schools:
South View School (British curriculum, located in Remraam, very close to DAMAC Lagoons)
Jebel Ali School (British curriculum, in DAMAC Hills, near DAMAC Lagoons)
Victory Heights Primary School (Near DAMAC Lagoons)
Royal Grammar School Guildford in Dubai (Near DAMAC Lagoons)
Highgate International School (CBSE and EYFS, in Arjan, 5.2 km away)
Higher Education:
Dubai hosts several universities, such as Heriot-Watt University Dubai and University of Wollongong in Dubai, though they are farther from DAMAC Lagoons.
Clinics and Hospitals Near Mykonos
Healthcare facilities are accessible within a short drive from Mykonos, ensuring residents’ medical needs are met.
Mediclinic Parkview Hospital (located in Motor City, approximately 25 minutes away)
Aster Hospital Jebel Ali (located in Jebel Ali Free Zone, near DAMAC Lagoons)
Smaller clinics may be available within DAMAC Lagoons or nearby communities like DAMAC Hills.
Nearby Areas
Mykonos is nestled within DAMAC Lagoons, a master community in Dubai, surrounded by other sub-communities such as Costa Brava and Portofino, each inspired by different Mediterranean themes. Adjacent to Mykonos are vibrant communities like DAMAC Hills, known for its family-friendly environment and amenities, and Tilal Al Ghaf, offering luxurious living spaces. Further afield, residents can explore areas like Dubai Sports City, Dubai Studio City, and the bustling Dubai Marina, all within a short drive.
Lifestyle & Leisure
Shopping Malls Near Mykonos
Residents of Mykonos can enjoy shopping at nearby malls, with more retail options expected as DAMAC Lagoons develops.
Mall of the Emirates (20 minutes away, Mall of the Emirates)
Dubai Marina Mall (25-30 minutes away, Dubai Marina Mall)
Smaller shopping centers may be available within DAMAC Hills and nearby.
Restaurants Near Mykonos
Dining options in Mykonos and nearby areas cater to a variety of tastes, with more expected upon completion.
Within DAMAC Lagoons: Various restaurants and cafes are planned, offering a range of cuisines.
Nearby: In DAMAC Hills, restaurants like Hessa Street Kitchen and Little Neighbourhood Restaurant are popular.
Other Nearby Dining Options Near Mykonos
Food trucks and pop-up restaurants within the community
International cuisines available in nearby communities like DAMAC Hills and Dubai Marina
Beaches Near Mykonos
Mykonos features its own pristine beach within the community, offering a private waterfront experience.
Public beaches like JBR Beach and Dubai Marina Beach are approximately 25-30 minutes away.
Leisure & Landmarks Near Mykonos
Within DAMAC Lagoons: Water cinema, kayaking, floating pool pods, and more.
Nearby: Trump International Golf Club (9 minutes away), Dubai Miracle Garden (15-20 minutes away, Dubai Miracle Garden).
Outdoor, Fitness & Beauty Near Mykonos
Within Mykonos: The Glow Lounge, manicured lawns, beach club, gyms, and fitness centers.
Nearby: Jogging tracks and outdoor spaces in DAMAC Hills.
Community Events Near Mykonos
As a new community, Mykonos is expected to host community gatherings, festivals, and seasonal activities, though specific details are not yet available due to the ongoing development.
FAQs
Mykonos is situated within DAMAC Lagoons, a master community in Dubai, located near Hessa Street (D61) and Sheikh Zayed Bin Hamdan Al Nahyan Street (D54). It is part of the Dubailand area, known for its family-centric communities and leisure facilities.
Key Travel Times:
Downtown Dubai: approximately 30 minutes
Dubai International Airport: approximately 34 minutes
Other Communities
Take a look at the new off-plan developments across the UAE.
Get in Touch with Us
For more information about our services, get in touch with our expert consultants. We're always eager to hear from you!