DAMAC Properties, the largest developer of a luxury real estate in the Middle East, launched the first phase of the sale of luxury villas in the “Akoya of DAMAC” project, which extends over an area of 28 million square feet along the Um Suqeim Road in Dubai.
“Akoya of DAMAC” project, will feature the most luxurious residential complex for golf in Asia, luxury homes designed by most famous brands. The launch of the first phase of the sale of luxury villas by offering 205 units with prices starting from 2.4 million riyals.
“Ziad Al Shaar” Managing the official spokesman for “DAMAC Properties” said: “the development comes of this exciting compound which provides the perfect destination for elite clients who wish to enjoy the finest of modern Dubai lifestyles. It will provide an exceptional atmosphere of luxury and excellence throughout the project, has been funding allocation, the land and property department had adopted our guarantees of bank, and the business launched in full swing”.
The “DAMAC Properties” has met all the formal requirements before the launch of the sales process, including the payment of the value of the entire territory of the first phase, an escrow account was also opened and the land and property department has received all private bank guarantees for the infrastructure and construction.
The project “Akoya of DAMAC” includes golf championship golf course named “Trump International Golf Club Dubai,” in the center of the apartment complex, consisting of 18 holes and in conformity with international standards PGA, “DAMAC Properties” has cooperated in the creation of the golf course with the Trump International, one of the leading companies in the golf sector and development of high-end real estate international companies, which will be managing it. And the facilities include a modern club extends over an area of 30 thousand square feet, in addition to the prestigious health center “Trump”.
This pitch would represent for golf lovers, a fun and unique challenge, is also keen to provide an exceptional experience in luxury and entertainment and good taste, these advantages that DAMAC provides to its customers.
Furthermore, this project will includes international schools, and a number of global commercial outlets and recreational facilities and a sports complex, a hotel, a spa and a wide expanses of lush gardens fantastic designs. Al Shaar added: “We are confident that this project will provide a model environment for families looking to live in the best destinations on the city level.”
The report by Knight Frank announced that the villa market in Dubai is the third in the world in terms of outstanding performance. This new project is the largest in the history of “DAMAC Properties”, reflecting the substantial growth in the real estate sector in Dubai.
- The Trump International Golf Club Dubai
- The Drive at AKOYA
- Luxury shopping and entertainment
- World-class dining
- Little Village Children’s Play Area
- Outdoor Skyview Cinema
- The Arena – a seasonal multipurpose area
- Schools and nurseries