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Damac set to sell Akoya plots for Dh600,000

Damac Properties has announced the release of Akoya Imagine plots within an international golf community.

The developer is providing an opportunity for investors to purchase land plots in the community, comprising villas and featuring low annual community fees with an extended time to build for up to 10 years.

Plots will be released at a starting price of Dh600,000 and will go on sale on August 20 in Dubai at Jumeirah Emirates Towers Hotel, Godolphin Ballroom from 4pm to 10pm.

Ziad El Chaar, managing director of Damac Properties, said: "Investments in golf communities typically enjoy higher returns as supply remains limited and are considered more financially stable than investments in financial instruments. For those investors considering suitable long-term opportunities, this development represents the perfect occasion to plan for their children's future, their own retirement or to grow and enhance their financial portfolios."

In addition, at the same sales event, Damac Properties will also launch its 33-storey Tower 108, a collection of serviced hotel apartments in Jumeirah Village Circle. To be operated by Damac Maison de Ville, the units present a lucrative investment opportunity with potential for high returns.

- business@khaleejtimes.com
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