DAMAC Properties, the largest private developer of luxury real estate in the Middle East, has announced the launch of the first phase of sales for luxury villas within the ‘AKOYA by DAMAC’ project - a 28 mn square feet master development off Umm Suqeim Road in Dubai.

akoya5

‘AKOYA by DAMAC’ will be a high luxury golf community, with premium branded mansions providing a supreme living experience within a fully integrated community. The first phase of sales was launched this morning with 205 units being made available.

“This project will prove to be the ideal destination for our elite customers, who are on the lookout for opportunities to experience elegant, modern living in Dubai in an atmosphere of exceptional luxury and excellence,” Ziad El Chaar, managing director, DAMAC Properties. “Funding is allocated and RERA has signed off on our bank guarantees – we are moving full steam ahead.”

akoya4

Formalities

In advance of the launch of sales, DAMAC Properties has already completed all required formalities, including full payment for the plots in Phase One. An Escrow account has been opened and RERA has received all bank guarantees for infrastructure and construction. Al Naboodah Contracting Company LLC. has already started enabling works on the site and power will shortly be supplied thanks to dedicated sub-stations which have already been ordered.

akoya3

Trump International Golf Club

At the heart of AKOYA by DAMAC is the ‘Trump International Golf Club, Dubai,’ – an 18-hole PGA Championship Golf Course which DAMAC Properties is developing in collaboration with Trump. They will manage and operate Trump International Golf Club Dubai which will consist of a 30,000 square foot state-of-the-art clubhouse and luxurious Trump Spa & Wellness Centre, managed to the highest standards by the Trump Organization. For golf lovers, Trump International Golf Club will represent a unique and exciting challenge, along with providing an exceptional experience in luxury, entertainment and premium lifestyle offerings.

Offerings

‘AKOYA by DAMAC’ will include a boutique hotel and international schools. In addition, the fully-integrated community will be home to globally-recognised retail brands, leisure & entertainment offerings, a sports complex and will be characterised throughout by manicured landscaping.

akoya2 akoya1

Prices start from AED 2.4 mn.

Related Posts

Scroll to top