Luxury real estate developer Damac Properties said it has started work on 1,500 homes at its ambitious Trump World Golf Club project in Dubai, UAE, following the completion of the design work at the Tiger Woods-planned property.

On completion, Akoya Oxygen master development will be one of the most progressive family lifestyle communities in the emirate, said a statement from the Dubai developer.

The Damac announcement comes after a report by audit and advisory firm KPMG stated that golf courses in the Middle East and North Africa (Mena) region helped increase the valuation of adjacent real estate by up to 20 per cent.

The course in Akoya Oxygen is being designed by Tiger Woods and managed by The Trump Organisation.

Damac said the designs for Woods’ first course in the region were now complete and that preliminary work had already begun on the 18-hole, par 72, 7,400 yard championship standard Trump World Golf Club, Dubai, which will be a key attraction of the Akoya Oxygen development.

The tender for the main construction will be issued shortly with the course set to become one of the most challenging and desirable of its kind to play in the world, taking inspiration from the courses Tiger Woods has won on from around the globe, stated the company.

In addition, Damac plans to develop a key central entertainment district which will run alongside a scenic canal in the heart of the project. This area is set to attract visitors from all over with many firsts for the region including a self-contained experiential rainforest, it added.

More than 2,000 luxury serviced hotel apartments and hotel rooms will be housed above the retail and entertainment component, making the area a hive of activity and the central meeting point for people in Dubailand.

"In Akoya Oxygen you don’t just live, you experience living," said Niall McLoughlin, the senior vice president, Damac Properties.

“There is so much more to the development than luxury homes. Owners will reside next to the only Tiger Woods-designed golf course in the Middle East and be able to walk along the canal to see the Dubai Rainforest,” he remarked.

According to him, Akoya Oxygen is set to be the focal point for tourists and residents with so much to see and do. "Savvy buyers today demand much more than four walls and a roof - it is important to deliver an integrated lifestyle in tune with their aspirations," he noted.
 
A living community allowing residents to escape the city to a lush green environment with an upscale resort feel, Akoya Oxygen was launched in August last year to huge acclaim with the first and second phases of villas sold out within record time.

Luxurious residential properties will be integrated with green and modern design, all set within beautiful manicured landscaping, it added.

The first residents will be moving into the luxury villas and townhouses at Akoya Oxygen in 2017 with the full development is set to be completed in time for the World Expo being hosted in Dubai in 2020.-TradeArabia News Service