3BR Townhouse in Santorini 1, DAMAC Lagoons | AED 3.275M | Muhalab Adam | Strategic Real Estate Intelligence
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Santorini 1 | 3BR Townhouse | in DAMAC Lagoons

Santorini 1 — 3-Bedroom Townhouse with Community & Pond View in DAMAC Lagoons

DAMAC Lagoons·Developer: DAMAC

3 BR 2,017.7 sqftReady (Rented – Holiday Home)
3,275,000 AED / 3,350,000 AED (Furnished)
Quick Answer

This is a ready 3-bedroom townhouse in Santorini 1, DAMAC Lagoons by DAMAC, priced at AED 3,275,000 or AED 3,350,000 furnished. It offers 2,017.7 sqft, a community and pond view, and suits buyers seeking a ready holiday-home-rented unit with lagoon lifestyle amenities and direct owner sourcing.

Description

Positioned within the Santorini 1 cluster of DAMAC Lagoons — Dubai's Mediterranean-inspired lagoon community, this ready 3-bedroom townhouse spans approximately 2,017.7 sq ft of built-up area and faces a landscaped community setting and a tranquil pond. The community-and-pond view orientation sets this particular townhouse apart from street-facing units within the same sub-cluster, offering a noticeably quieter residential outlook.

The title is fully paid — no outstanding developer instalments remain — and the property is delivered furnished. Asking price is AED 3,275,000 unfurnished or AED 3,350,000 fully furnished. The property is currently registered and operating as a holiday home, generating a listed indicative annual rent of AED 180,000 (AED 15,000 per month). This figure is the owner's indicative rate at the time of listing; buyers wanting a live market rental benchmark for the district should consult the DAMAC Lagoons area guide, which carries up-to-date leasing context for the community.

Santorini 1 residents have access to DAMAC Lagoons' signature amenity package: a crystal lagoon, a sandy beach, a gym, and a floating cinema. Two dedicated parking spaces are included with the townhouse — a meaningful convenience in a master-planned community at this scale. These lifestyle assets underpin demand from both long-term tenants and the short-term holiday-home segment, which the current rental arrangement already.

For buyers evaluating townhouses against villas at a similar price point, the structural differences — plot ownership, maintenance obligations, and long-term resale dynamics — are examined in detail in Off-Plan Townhouse vs Villa in Dubai: Which One Actually Fits Your Situation. Buyers conducting broader due diligence on the developer will find independent context in DAMAC Off-Plan Projects in Dubai: An Honest Look at the Developer's Track Record, which covers delivery history and project pipeline across DAMAC's completed communities.

This listing is sourced directly from the owner. Buyers comparing this townhouse against other ready and off-plan options across Dubai can browse the full live residential inventory for current availability.

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Area Guide

DAMAC Lagoons

Mediterranean-inspired community with crystal lagoons and themed clusters.

Avg. Price: AED 1,600/sqftRental Yield: 6.2%

Highlights

LagoonSandy BeachGymFloating Cinema2 Parkings

Investment Insight

Payment Plan: Fully Paid. Indicative Annual Rent: AED 180,000. Monthly Rent: AED 15,000. Listing Source: Direct – Owner.

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