Real Estate

Akoya does a Selfie

November 2016

Damac Properties has introduced the Akoya Selfie, a collection of three-bedroom villas in a vibrant golf community at its Akoya Oxygen master development in Dubai, UAE.

Akoya Selfie villas present a refreshing way of life, spacious living areas, low maintenance costs and modern amenities. Located in the Akoya Oxygen golf community, Akoya Selfie offers a world of amenities directly on residents’ doorsteps. From wide open spaces, breathtaking green escapes and retail therapy to a rainforest, hydroponic café and organic café, Akoya Selfie is a place people can envisage themselves enjoying their home and the lifestyle it offers.

Damac Properties is also presenting investors with the opportunity to buy Akoya Selfie plots, enabling them to build their own dream homes according to their preferences and tastes.

Ziad El Chaar, the managing director, says: “Launched under the theme ‘where I see myself’, Akoya Selfie caters to the needs of millennials and families who seek to be part of an international golf community that offers an all-encompassing and refreshing lifestyle.”

“Unlike most cities around the world, the millennial population in Dubai is quite significant and therefore there is a need to offer real estate products that suit their tastes and savvy lifestyle,” he states.

“According to a study on millennial first-time home-buyers commissioned by Dubizzle recently, 44 per cent of millennials intend to buy a home in the city within the next three years,” adds El Chaar.

Facilities at Akoya Selfie comprise private front and back gardens, separate living, dining areas and kitchen, plot title deed included with every villa, covered car parking, access to the world-class amenities of Akoya Oxygen as well as some homes overlooking the golf course.

Priced at Dh1.2 million ($326,614) and payable over three years with plot title deed with every purchase, each three-bedroom villa offers a fantastic value as well as an attractive investment opportunity.


Maison Privé

Meanwhile, Damac Properties has released units in Damac Maison Privé, waterfront hotel apartments in the Burj area with direct views of Business Bay’s marina.

The units provide investors the opportunity to own a luxury hotel apartment with superior services, presenting both an ideal vacation home when in Dubai and high-yielding investment when not.  

Damac Maison Privé offers breathtaking views of the city and its skyline, with adjacent towers comprising 1,027 units overlooking the canal, yachts and water-based activities, and with views of the world’s tallest tower and Dubai fountains.

The property in the Burj area makes for a glamorous lifestyle with restaurants, cafés and shops as well as the world’s largest shopping mall at one’s doorstep. Investors have the option to enjoy superior services of a hotel combined with the familiar comforts of home to create an unmatched way of life. When not in use, investors can place their units in the Damac Maison’s unique rental pool scheme, and enjoy premium, hassle-free returns from the operator.

Studios and one- and two-bedroom furnished hotel apartments have been released with a starting price of Dh945,000 ($257,206).

Damac Properties is providing investors a diverse choice with its hotel apartments offering.  Also available to investors are hotel apartments in the heart of the premium Akoya by Damac golf masterplan community.

The Damac Maison de Ville Artesia towers C&D house 513 luxurious units with breathtaking views of the golf course and the bustling retail walk. Every lifestyle is catered to with a choice of studios as well as one-, two- and three-bedroom arrangements with prices starting at Dh645,000 ($175,553) with special payment plan.

Among other developments, Damac Properties has announced the first ever project to be completed in Dubai South with the handover of Damac Maison de Ville Tenora hotel apartments.

The developer also announced that Damac Maison de Ville Celestia, another hospitality project in the area, is at an advanced stage of construction.

Both projects are located at the heart of Dubai South, a 145-sq-km master-planned city and host to the first World Expo in the Middle East.

Ready-to-move-in hotel apartments in Tenora will be offered at a starting price of Dh587,000 ($160,000), while Celestia units, where the substructure is already completed and delivery set to be in 2018, are priced to start at Dh560,000 ($153,835).

El Chaar says: “With Dubai’s strategic plan to create a key new hub for business and investment, and complemented by world-class facilities, there will naturally be a need for hotel accommodation in the centre of this vital area of the city. Our hotel apartment offering in Tenora and Celestia is uniquely attractive as they benefit from prime, high-demand locations at the centre of Dubai South and a return on investment can be realised immediately leading up to and during the Expo 2020 Dubai.

“Tenora units are completed and handed over while Celestia will be delivered in 2018, making them the premiere completed projects in Dubai South and allowing investors the first opportunity to benefit and reap the returns from such properties in this strategic location,” he added.

Residents of Celestia and Tenora will stay connected to the city with accessibility via three major roads including Sheikh Mohammed bin Zayed Road, Sheikh Zayed Road and the Emirates Road.

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