Built to inform

Sign up for the daily newsletters

No, Thank you

Damac unveils $326k villas for first-time buyers

Located within Damac’s Akoya Oxygen community, Akoya Fresh’s $326,712 three-bedroom villas have been designed for first-time buyers, newlyweds, and young families

Located within the Akoya Oxygen golf community, Damac’s Akoya Fresh villas have been designed for first-time buyers, newlyweds, and young families.
Located within the Akoya Oxygen golf community, Damac’s Akoya Fresh villas have been designed for first-time buyers, newlyweds, and young families.

Damac Properties has launched Akoya Fresh, a selection of villas designed for first-time buyers, newlyweds, and young families.

Payable over three years and priced at $326,712 (AED1.2m), the three-bedroom villas are located within Damac’s Akoya Oxygen golf community in Dubai.

Each Akoya Fresh unit will feature separate living and dining areas, and its own back yard. The villas will be located in close proximity to the Vista Lux shopping and dining development.

Tim Fallon, vice president of corporate communications for Damac, commented: “Damac Properties is bringing to market yet another innovative residential offering in a green community away from the skyscrapers and business landscape.

“Located in an international golf community, which enjoys higher demand and offers higher rates of return for investors, Akoya Fresh is designed for those looking for their first villa, first home as a couple or small family, and a first taste of tranquillity away from the bustle of urban life.”

“These villas are very suitably priced for young couples wishing to purchase their first home in Dubai. At this price, a new home-seeker would have the choice to own a villa in a thriving golf community and all of its benefits, rather than buying an apartment. Another compelling value-added feature is the plot title deed, meaning full ownership of the land plus villa, offering full flexibility to its owner,” Fallon added.

EDIT: Please note that the original unit price included in this article ($268,000) was converted incorrectly by Construction Week; Damac's Akoya Fresh properties will be available from $326,712 (AED1.2m) per villa.

Most popular

Awards

Deadline approaches for CW Oman Awards 2020 in Muscat
You have until 20 January to submit your nominations for the ninth edition of the

Conferences

CW In Focus | Inside the Leaders in KSA Awards 2019 in Riyadh
Meet the winners in all 10 categories and learn more about Vision 2030 in this
CW In Focus | Leaders in Construction Summit UAE 2019
A roundup of Construction Week's annual summit that was held in Dubai this September

Latest Issue

Construction Week - Issue 759
Feb 22, 2020