Tuesday 16 April 2024
 
»
 
»
Story

Damac launches new golf villa project in Dubai

DUBAI, July 3, 2016

Damac Properties, a leading luxury project developer, has unveiled Akoya Imagine, a cluster of homes surrounded by the lush greens and fairways of an international golf course in Dubai, UAE.

Set at the heart of the Akoya Oxygen master development, Akoya Imagine presents a collection of colourful villas aimed at young couples and families, representing the perfect permanent residence or vacation home.

In Phase One, three-bedroom villas will be released with starting prices of Dh1.2 million ($326,627), spread across an attractive three-year payment plan. Homes will also benefit from free service charges for five years, said a statement from Damac.

As a vibrant community nestled within a wonderful green backdrop, Akoya Imagine is a neighbourhood for those who are contemporary and relaxed in their style of living, it stated.

Indoor and outdoor spaces are carefully arranged to offer a casual way of life that blends function with social, family living and an artful palette of colours.

Interiors are open, airy and splashed with zesty hues, which balance warmth with cooling tones, energy with serenity and space with intimacy, the statement said.

Ziad El Chaar, the managing director, Damac Properties, said: "Akoya Imagine is targeted towards a new type of buyer - young, professional and savvy - to the lifestyle and financial benefits of buying in an international golf course community."

"This type of community is proven to consistently yield higher returns than a purely residential one and there is a limited supply in Dubai. Combined with the Tiger Woods Design element, a villa in Akoya Imagine presents a very lucrative investment, not to mention an extremely attractive home," stated El Chaar.   

The units will go on sale on July 9 in Dubai at Damac Maison Canal Views, Al Abraj Street from 11 am to 11 pm, it stated.

Supporting El Chaar’s statement, advisory firm KPMG said in a recent report that golf courses typically increase the valuation of adjacent real estate by up to 20 per cent when compared to similar real estate in a neighbourhood without the golf course component.

Akoya Oxygen is a 55-million-sq-ft master development that will showcase the greenest living spaces in Dubai.

Home to the 18-hole championship golf course by Tiger Woods Design, the eagerly anticipated development boasts easy access to Dubai’s major highways; yet is far enough away from the bustle of the city to offer a tranquil pace of life in a beautiful green setting.-TradeArabia News Service




Tags: Dubai | Damac | Residential project | Akoya Oxygen |

More Construction & Real Estate Stories

calendarCalendar of Events

Ads