Damac unveils Akoya Imagine

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Damac unveils Akoya Imagine
Akoya Imagine presents a collection of colourful villas. In phase one, three-bedroom villas will be priced at Dh1.2 million.

Dubai - Dubai

By Staff Report

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Published: Sun 3 Jul 2016, 8:19 PM

Last updated: Sun 3 Jul 2016, 11:50 PM

Damac Properties unveiled Akoya Imagine on Sunday - a cluster of homes - set at the heart of the Akoya Oxygen master development.
Akoya Imagine presents a collection of colourful villas aimed at young couples and families, representing the perfect permanent residence or vacation home.
In Phase 1, three-bedroom villas will be priced at Dh1.2 million, spread across an attractive three-year payment plan. Homes will also benefit from free service charges for five years. The units will go on sale on Saturday, 9th July in Dubai at Damac Maison Canal Views, Al Abraj Street from 11am to 11pm.
As a vibrant community nestled within a wonderful green backdrop, Akoya Imagine is a neighbourhood for those who are contemporary and relaxed in their style of living. Indoor and outdoor spaces are carefully arranged to offer a casual way of life that blends function with social, family living and an artful palette of colours. Interiors are open, airy and splashed with zesty hues, which balance warmth with cooling tones, energy with serenity and space with intimacy. Ziad El Chaar, managing director, Damac Properties, said: "Akoya Imagine is targeted towards a new type of buyer - young, professional and savvy to the lifestyle and financial benefits of buying in an international golf course community. This type of community is proven to consistently yield higher returns than a purely residential one and there is a limited supply in Dubai. Combined with the Tiger Woods Design element, a villa in Akoya Imagine presents a very lucrative investment, not to mention an extremely attractive home."
Supporting El Chaar's statement, advisory firm KPMG stated in a recent report that golf courses typically increase the valuation of adjacent real estate by up to 20 per cent when compared to similar real estate in a neighbourhood without the golf course component.
Akoya Oxygen is a 55-million-square-foot master development that will showcase the greenest living spaces in Dubai. Home to the 18-hole championship golf course by Tiger Woods Design.
- business@khaleejtimes.com


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