DAMAC Properties Launches AKOYA Cuatro Villas in the Heart of International Golf Community

4-bedroom villas starting at AED 1.6 million with plot title deed and payment plans extended over 3 years

DAMAC Properties Launches AKOYA Cuatro Villas

Dubai, United Arab Emirates – 7 September 2016: DAMAC Properties today introduced a brand new villa type in an international golf community. AKOYA Cuatro Villas, built with millennials and their families in mind, feature spacious four-bedroom villas within lush green outdoor spaces.

AKOYA Cuatro Villas are available at a starting price of AED 1.6 million and investors can avail of extended payment plans over three years and five years free of service charges. Investors who lead busy lives can also opt for fully furnished and serviced villas, featuring fitted kitchens, furnished rooms and luxury services.

Ziad El Chaar, Managing Director, DAMAC Properties, said: “We are pleased to offer a new villa type in a thriving and family-friendly golf community, that is complemented by world-class amenities such as dining, shopping, hotels and entertainment, all set within a complete lifestyle destination. The villas have sizes and layouts ideal for families whilst presenting a great investment opportunity for those looking for a high-yielding and stable real estate asset, to enhance their investment portfolio or to plan for the future. Another value-added feature of this product is that investors will have a plot title deed in hand, allowing them full ownership rights and control of the plot, not just the home which is built on it.”

During Cityscape Global 2016, DAMAC Properties also announced four new project launches including The Residences at AYKON City and AYKON Hotel and Hotel Apartments at AYKON City, the XV Villas at AKOYA, as well as the AKOYA Imagine 2.0 3-bedroom villas.

Ziad El Chaar, Managing Director, DAMAC Properties commented: “We are pleased to bring to market a further range of products for discerning customers and investors looking for a choice of attractive and lucrative investment opportunities. From exclusive, luxury residential apartments to the very best hotels and hotel apartments, we offer premium quality combined with the assurance of strong financial returns.”

As of 30th June 2016, DAMAC Properties has delivered approximately 16,000 homes. The company has a development portfolio of over 44,000 units at various stages of progress and planning, comprising more than 13,000 hotel rooms, serviced apartments and hotel villas, which will be managed by its hospitality arm, DAMAC Hotels & Resorts. With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.