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Real Estate News

DAMAC Properties Launches Park Life Living at AKOYA by DAMAC

Real Estate News India : DAMAC Properties, one of the largest luxury real estate developers in the Middle East, has launched sales of luxury villas at AKOYA Park, the latest phase of its AKOYA by DAMAC master development in Dubai.

A 14 million sq ft extension to the original 28 million sq ft at AKOYA by DAMAC, includes a dedicated 4.3 million sq ft of open parkland, which will be a first-of-its-kind development in the region. The exclusive villas are set within the grounds of a lush green open space reserved for the residents of the community. The AKOYA Park will become one of the largest private parks in the region.

A limited number of 200 villas have been made available, with a starting price point of AED 2.1 million. Set within three clusters named after some the largest open parks in the world: ‘Rockwood’, ‘Richmond’, and ‘Topanga’, the villas will offer the unique experience of living in the heart of a Park.

AKOYA Park will include its own open-air amphitheatre, running & cycling tracks, an 18-hole putting green, barbecue area, café, skate-boarding Park, floodlight football pitch, basketball, tennis & badminton courts, children’s water play area, a life-sized chess board and a luxurious beach-fronted swimming pool.

AKOYA by DAMAC is now a 42 million sq ft community off Umm Sequim Road, which includes the AKOYA Park, the Trump International Golf Club, Dubai and branded villa concepts The Trump Estates, DAMAC Villas by Paramount and FENDI Villas.

“Imagine stepping out of your home onto more than 4 million sq ft of lush private gardens,” said Ziad El Chaar, Managing Director, DAMAC Properties. “AKOYA Park will deliver a whole new concept of luxury living among nature, with all the amenities expected of a modern family.”

All of the amenities included in AKOYA Park will be the private reserve of the villa residents, creating a sense of ownership and pride over the manicured space. The open-air amphitheatre will showcase the latest movies under the stars, while the Café, overlooking the tranquil environment will be a private escape for the community to watch the world go by. The swimming pool which laps up against the man-made beachfront is the perfect place for rest and relaxation, while the kids let off steam in the fun and interactive water area.

“With cycleways and running tracks, AKOYA Park will be one of the most family-friendly, safe and desirable environments in Dubai,” added El Chaar. “We know that our customers strive to own a luxury home in green open space, a world away from the hustle and bustle of city life, and we believe AKOYA Park turns that aspiration into reality like no other project in the city.”

Residents will also be able to create unforgettable birthday moments for the kids by privatising dedicated areas of AKOYA Park and personalising the environment. Qualified staff will be on hand to create lasting memories in a unique environment.

‘AKOYA by DAMAC’ will be a fully-integrated community including a retail centre, sumptuous spa, boutique hotel and international schools. The development is already well under construction with main construction for villas and apartments awarded and three holes of the Trump International

Golf Club, Dubai and the driving range already grassed, the master lake has been filled and there is a fully operational sales centre on site.

DAMAC Properties has completed 8,887 units to date and has a further 23,688 units at various stages of progress and planning across the Middle East region.

About DAMAC Properties:

DAMAC Properties was established in 2002, as a private, residential, leisure and commercial developer in Dubai and the Middle East. In the past decade, DAMAC Properties has expanded into Iraq, Jordan, Lebanon, Qatar and Saudi Arabia.

DAMAC Properties has completed 8,887 units to date and has a further 23,688 units at various stages of progress and planning across the Middle East region.

In May 2013, DAMAC Properties introduced the 28 million square foot ‘AKOYA by DAMAC’ master plan development off Umm Suqeim Road in Dubai. The project includes mansions, villas, luxurious apartments and a retail centre all surrounding an 18-hole Championship Golf Course ‘The Trump International Golf Club, Dubai’.

Within the AKOYA by DAMAC golf course community, featured products include ‘The Trump Estates’, a luxurious lifestyle community located in the most desirable locations of the development. Also set within the heart of the community is a global first, with the launch of FENDI fashion-styled villas using FENDI Casa designs and influences, these villas offer a new concept of refined living.

The company is also developing a US$1 billion hotel and luxury serviced residences in the Burj Khalifa area of Dubai, called ‘DAMAC Towers by Paramount’, which will comprise the first Paramount Hotel & Residences in the region and DAMAC Maison serviced units – Paramount co-branded serviced hotel residences.

In October 2011, DAMAC Properties launched its hospitality division, DAMAC Maison, which will provide bespoke hospitality services to residents in 7,351 serviced hotel apartments by the end of 2017.

DAMAC Properties reinforced its position as the region’s premium developer with the launch of ‘DAMAC Tower’ in Beirut, Lebanon. A 28- storey tower, this project is in association with Italian design group, VERSACE, with all interiors being designed by

Versace Home. This was followed by the DAMAC Residences with Interiors by Versace Home, in Jeddah, Saudi Arabia.

 

Extending its collaborations with luxury Italian fashion houses, DAMAC Properties is developing luxury serviced hotel apartments in ‘DAMAC Esclusiva’ in Riyadh and private apartments in ‘DAMAC Residenze’ in Dubai Marina, with interior designs by FENDI Casa.

In addition to support services provided by the Dubai headquarters, the company’s comprehensive Customer Care Program provides solutions through its network with offices in the UAE, Jordan, Iraq, Lebanon, KSA and Qatar.

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