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Phase 1 of DAMAC Properties AKOYA Imagine Villas Sold Out; Phase 2 Planned

DAMAC Properties revealed today that stage one of AKOYA Imagine villas has been sold out, and the launch of the second phase is prepared for completion of July. The contemporary-styled villas, which are developed and priced to draw in professionals in the "under 35" age group, have proven to be popular among millennials seeking a long-term residence or villa in one of the greenest golf neighborhoods in Dubai.

The sales event for phase 2 will be held for only one day at Jumeirah Emirates Towers (Godolphin Ballroom) in Dubai on July 30 from 2:00 pm till 10:00 pm on a first-come-first-served basis.

" With the number of mega projects underway in Dubai, such as Expo 2020 as well as tourist and leisure attractions, we are seeing an influx of young specialists in a variety of industries who are involved in supplying services to support them," stated Ziad El Chaar, Managing Director, DAMAC Properties.
" A substantial variety of this young and enthusiastic market are extremely crazy about seeking out and investing in a value-for-money home in Dubai that matches their smart way of life while also functioning as a safe haven to live, settle and achieve personal goals. We identify this demand and thus the AKOYA Imagine neighborhood was established with this sort of financier-- young couples and families-- in mind. We have currently received excellent response, representing the dynamism of Dubai's property sector and the emergence of new and exciting target sectors."

Since its launch just 2 weeks earlier, stage among AKOYA Imagine villas has currently been purchased by investors from over 26 citizenships, representing a varied investor pool spanning the Middle East area as well as Asia, Europe, Africa and the Americas. AKOYA Imagine is targeted to a new type of purchaser-- young, professional and savvy to the lifestyle and financial benefits of buying in an international golf course community, which is currently in limited supply.

Set at the heart of the AKOYA Oxygen master development, AKOYA Imagine villas form a community of colourful and contemporary homes surrounded by the lush greens and fairways of the international golf course by Tiger Wood Design. The artful palette of colours makes the homes suitable for those who seek relaxed living whilst the indoor and outdoor spaces are carefully arranged to offer a casual lifestyle that blends function with social and family living.

Watch the video of AKOYA Imagine at https://youtu.be/wUmldWUQMTU

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