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Damac Properties sells out Phase 1 of Just Cavalli villas

In response to strong investor interest, Damac Properties will release additional units for sale on 21 October, 2017 across all of its sales offices in Dubai

Damac has sold out Phase 1 of its Just Cavalli villas.
Damac has sold out Phase 1 of its Just Cavalli villas.

UAE-based real estate developer, Damac Properties, has sold out Phase 1 of its Just Cavalli villa project, located within its Akoya Oxygen golf development.

In a statement, the developer revealed that in response to strong investor interest, it will be releasing additional units for sale on 21 October, 2017 across all of its sales offices in Dubai.

According to the developer, it will also be waiving 50% of the Dubai Land Department (DLD) registration fees for a limited period in a bid to attract customers.

Niall McLoughlin, senior vice president of Damac Properties, commented: “Our […] Just Cavalli product has been a tremendous success, drawing interest from investors and end-users who appreciate the novelty of bespoke products and premium location within a golf community, recognising great value for such properties.

Read: Damac to launch villas with Cavalli-branded interiors in Dubai

“Due to popular demand, we are pleased to release new units for those customers who missed the opportunity the first time.”

He added: “Not only do they offer a unique and iconic style, Just Cavalli villas also present great value for money and are priced competitively for properties that have signature elements and touches from a major fashion house.”

Read: Damac Properties nears $1bn mark with 2017 contract awards

Just Cavalli villas are a result of a collaboration between the developer and the Roberto Cavalli Group to launch the world’s first villas to feature Cavalli-branded interiors.

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