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Real Estate

DAMAC Properties Brings Forward Second Release of units at AKOYA Oxygen

One of Dubais leading luxury developers, DAMAC Properties, has brought forward the second release of units at its latest master development, AKOYA Oxygen, following unprecedented customer demand.

Sales on the initial launch of the project sold out in just one night. The second release of units will be made available at private events across the UAE on Wednesday, 3rd September 2014 with four-bedroom villas starting at AED 2.25 million.

Locations include DAMAC Maison - Dubai Mall Street, The Oberoi and the JW Marriott Marquis in the Burj Area of Dubai in addition to the Atlantis Hotel on the Palm Jumeirah, and the Rotana Al Ghurair Rayhaan in Deira.

AKOYA Oxygen is a 55 million square foot community in Dubailand offering the most lush, green environment ever developed in the region. The project includes numerous luxury living experiences set around a Championship-standard 18-hole golf course, with more than 4,000 trees, organic gardens and private parks.

The project also includes a five-star international hotel, a luxury desert-style wellness centre featuring holistic therapies, yoga, herbal treatments, and relaxation zones. The fully-integrated resort will also include globally-recognised retail brands, leisure & entertainment offerings, and organic market places all set within beautifully manicured & peaceful landscaping.

The response to the launch of AKOYA Oxygen has been beyond expectations, said Ziad El Chaar, Managing Director, DAMAC Properties. The combination of a perfect location, trusted developer and a luxury lifestyle living all set within the greenest, verdant and leafy environment in the Middle East has proved to be a huge draw to our international clientele looking to escape the city.

We had originally planned to bring the second release of units at AKOYA Oxygen out just prior to Cityscape Global next month, but the strength of the demand from customers has encouraged us to bring this forward.

We are anticipating another packed evening at the venues across Dubai as we have some prime units being made available, added El Chaar.

DAMAC Properties first launched the AKOYA brand last year with the AKOYA by DAMAC master development which is set around the Trump International Golf Club, Dubai.

Established in 2002, DAMAC Properties has delivered almost 11,000 units to date and currently has a development portfolio of over 26,000 units at various stages of progress and planning as of June 30th 2014.

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