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Off-plan DAMAC Properties 50/50 payment plan

Sorrento at DAMAC Lagoons

Sorrento by DAMAC – Lagoon Views
DAMAC Lagoons, Dubai
Starting fromAED 680,000
  • DeveloperDAMAC Properties
  • AreaDAMAC Lagoons
  • Unit typesStudios and 1-bedroom apartments
  • Payment plan50/50
  • HandoverTo be announced
  • StatusOff-plan

About Sorrento at DAMAC Lagoons

  • Prices from AED 680K
  • 50/50 payment plan until completion
  • 4% DLD fee waiver
  • Monthly installments from AED 1,700
  • Mediterranean-inspired architecture by the lagoon
  • 20 minutes to Expo 2020 Venue and Global Village

Introducing Sorrento at DAMAC Lagoons

Sorrento is part of the Lagoon Views collection, an apartment community in DAMAC Lagoons, Dubai, offered by DAMAC Properties. The project includes only studios and one-bedroom apartments and is presented under the theme “A New Chapter in Mediterranean Living”: a mix of waterfront leisure, vibrant piazzas and refined amenities on the scale of a complete community.

The homes are sold off-plan with a 50/50 payment plan. For anyone looking to enter the Dubai property market with a relatively modest outlay, prices starting from AED 680,000 for a studio and AED 1.26 million for a one-bedroom apartment make for a notable entry point.

Design concept: Mediterranean architecture in the heart of DAMAC Lagoons

The brochure describes the design as contemporary in design and Mediterranean at heart. Elegant curves, bright interiors and calming natural tones create homes that feel modern, warm and effortlessly refined. The buildings unfold around water, greenery and inviting social spaces, bringing a distinctly Mediterranean rhythm to everyday life.

Location and access

Sorrento is located in DAMAC Lagoons, a Mediterranean-inspired community with easy access to key roads and major highways, close to Al Maktoum International Airport. The travel times stated in the project files are:

  • Al Maktoum International Airport: 28 minutes
  • Expo 2020 Venue: 20 minutes
  • Global Village: 20 minutes
  • Mall of the Emirates: 25 minutes
  • Palm Jumeirah: 28 minutes
  • Dubai Airport: 35 minutes
  • Downtown Dubai: 30 minutes
  • Dubai Investment Park: 30 minutes

Units and interiors

Two unit types are offered: studios and one-bedroom apartments. According to the brochure, the layouts are thoughtfully planned with light-filled living spaces. The renders show large floor-to-ceiling windows, a kitchen open to the living area, light wood cabinetry and a bedroom with a work desk. Unit sizes are not stated in the files we received, so please contact an advisor for floor areas.

Amenities and lifestyle

One of the project’s strengths is the range of amenities available to residents outside their homes:

  • Pool bar and floating pods: a pool bar in the water and floating pods to unwind on.
  • Water-based fitness: invigorating water-based exercises in the lagoon, alongside wellness facilities and a leisure area.
  • Yoga and spa: yoga beneath the open sky and spa treatments designed to restore body and mind.
  • Community amphitheatre: evenings of music, dance, cultural experiences and family-friendly entertainment.
  • Boho lounge: a stylish bohemian setting for laid-back moments and easy conversation.
  • Culinary zone: fresh flavours and dining with waterfront views and sunsets.
  • Outdoor cinema: open-air film screenings for you and your loved ones.
  • Cafe: artisanal coffee and freshly made pastries in a relaxed outdoor setting.
  • Everyday essentials: daily needs within the same community.

The 50/50 payment plan and pricing advantages

The Sorrento payment plan is 50/50: 50% during construction, through a deposit and monthly installments, and the remaining 50% on completion. The deposit is 5% and the first installment is 10%, due within one month of booking. After that, monthly installments are a small 0.25%, with larger payments (6.5% or 5%) due within 12, 18, 24, 30 and 36 months of booking. There are 41 installments in total.

The project’s promotional poster also highlights a monthly figure of AED 1,700, and the special offer is announced with the 4% Dubai Land Department (DLD) fee waived. The payment plan file states that the plan is valid for only 14 days from the date of release, that the 4% DLD fee is in addition to the stated amounts and that the deposit will be considered at 15% plus the 4% DLD fee. Please confirm the terms with an advisor before you decide.

About the developer and who Sorrento is for

DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002. According to the brochure (as of Q2 2026), it has delivered more than 50,000 units and has more than 55,000 units in progress. The brochure describes DAMAC Lagoons as the most transacted community in Dubai and points to liquidity and resident demand. These are the developer’s own claims, and no returns or yields are guaranteed.

Sorrento may suit these groups best:

  • buyers who want a brand-new studio or one-bedroom apartment with a relatively low starting price;
  • those who prefer to spread payments over a long installment schedule;
  • families or young professionals who value social spaces, pools and fitness within the same community.

To find out about current availability, today’s prices and the handover date, contact Mr Real Estate’s advisors.

Unit types and prices

Studio
From AED 680,000
1-bedroom apartment
From AED 1,260,000

Studio starting price per DAMAC's payment plan and one-pager (valid for 14 days from the date of release); 4% DLD fee waiver

50/50 payment plan

50% During construction
50% On completion
50/50 payment plan50% during construction in 41 installments and 50% on completion
4% DLD fee waiverAccording to the poster and one-pager, the Dubai Land Department fee is waived
Monthly installments from AED 1,700The project's promotional poster highlights a monthly figure of AED 1,700
Full instalment schedule (14 stages)
StageWhenPercent
DepositImmediate, on booking5%
1st installmentWithin 1 month of booking10%
Installments 2 to 10 (9 x 0.25%)Within 3 to 11 months of booking2.25%
11th installmentWithin 12 months of booking6.5%
Installments 12 to 16 (5 x 0.25%)Within 13 to 17 months of booking1.25%
17th installmentWithin 18 months of booking5%
Installments 18 to 22 (5 x 0.25%)Within 19 to 23 months of booking1.25%
23rd installmentWithin 24 months of booking5%
Installments 24 to 28 (5 x 0.25%)Within 25 to 29 months of booking1.25%
29th installmentWithin 30 months of booking5%
Installments 30 to 34 (5 x 0.25%)Within 31 to 35 months of booking1.25%
35th installmentWithin 36 months of booking5%
Installments 36 to 40 (5 x 0.25%)Within 37 to 41 months of booking1.25%
41st installment (final)On completion50%
  • The 4% Dubai Land Department (DLD) fee is in addition to the above amounts (announced as waived under the special offer)
  • The deposit will be considered at 15% + 4% DLD fee
  • This payment plan is valid for 14 days from the date of release

Location and connectivity

DAMAC Lagoons, Dubai — More about DAMAC Lagoons

  • Al Maktoum International Airport28 min
  • Expo 2020 Venue20 min
  • Global Village20 min
  • Mall of the Emirates25 min
  • Palm Jumeirah28 min
  • Dubai Airport35 min
  • Downtown Dubai30 min
  • Dubai Investment Park30 min

Amenities and lifestyle

Pool Bar

A pool bar in the water and floating pods to relax on

Water-Based Fitness

Invigorating water-based exercises in the lagoon, plus wellness facilities

Yoga

Yoga beneath the open sky

Spa

Spa treatments designed to restore body and mind

Community Amphitheatre

Evenings of music, dance, cultural experiences and family-friendly entertainment

Outdoor Cinema

Open-air film screenings for you and your loved ones

Culinary Zone

Fresh flavours and dining with waterfront views and sunsets

Cafe

Artisanal coffee and freshly made pastries in a relaxed outdoor setting

Boho Lounge

A stylish bohemian setting for laid-back moments and easy conversation

Everyday Essentials

Daily needs within the same community

Project video

Project files

FAQ about Sorrento at DAMAC Lagoons

What is the starting price of Sorrento at DAMAC Lagoons?

According to DAMAC's payment plan, studios start from AED 680,000 and one-bedroom apartments from AED 1.26 million. Prices may change, and the payment plan is valid for 14 days from its release date, so confirm current availability and pricing with an advisor before making any decision.

What is the Sorrento payment plan?

It is a 50/50 plan: a 5% deposit on booking, a 10% first installment within one month, then smaller monthly installments up to the 41st, which together make up 50% during construction. The remaining 50% is paid on completion. Check the final schedule with an advisor.

Do buyers have to pay the 4% DLD fee?

The poster and one-pager state a waiver of the 4% Dubai Land Department fee under the special offer. However, the payment plan file notes that the 4% DLD fee is in addition to the stated amounts and that the deposit is considered at 15% plus the 4% fee. Ask an advisor to confirm the final terms.

Where is Sorrento located?

Sorrento is in DAMAC Lagoons, Dubai, an integrated project with easy access to key roads and major highways. It is close to Al Maktoum International Airport, about 28 minutes away according to the developer's project files. Other travel times are listed in the distances section above.

What types of units does Sorrento offer?

Sorrento offers studios and one-bedroom apartments. The developer describes the homes as contemporary in design and Mediterranean at heart, with elegant curves, bright interiors and calming natural tones, set in a waterfront community around the lagoon. Unit sizes are not given in the files we hold, so ask an advisor for floor areas.

Who is the developer of Sorrento?

Sorrento is developed by DAMAC Properties, which says it has been at the forefront of the Middle East's luxury real estate market since 2002. According to its brochure, as of Q2 2026 the company has delivered more than 50,000 units and has more than 55,000 units in progress.

How far is Sorrento from key places in Dubai?

According to the project files, Expo 2020 Venue and Global Village are each 20 minutes away, Mall of the Emirates 25 minutes, Palm Jumeirah 28 minutes, Downtown Dubai 30 minutes and Dubai Airport 35 minutes. Al Maktoum International Airport is 28 minutes and Dubai Investment Park 30 minutes.

Buy a unit in Sorrento at DAMAC Lagoons

For today's prices, available floor plans and payment terms, talk to Mr Real Estate's advisors in Dubai.