As of March 2018, the average rental yield for a villa at Akoya OXYGEN is AED 167,666. If you are planning to buy a villa here, then the sale price is 973 AED/sq.ft. Compared to Jumeirah Golf Estates and Emirates Living, properties in Akoya are priced lower. If you are looking at that price point closely for a golf-course living, it’s that easy to narrow down your search. If you are looking at investments to fetch better rental yields, then properties in Reem give a much healthier return on your investment.
Today, our focus is on Damac’s green community that offers an array of villas catering to the varied tastes of individuals, for property investment in the luxury segment and golf-course area.
AKOYA Oxygen is dubbed Dubai’s first green residential address. The community offers a range of villas nestled in the heart of nature, with lush greenery and cascading water features all around. A huge variety of trees and plants keeps you in a tranquil location with wide open space, away from the busy urban life, yet the community is ideally located close enough to the city to access it quickly.
Only 25 minutes from the centre of the city along the Umm Suqeim Expressway, this breathtaking community offers a carefully designed master plan and road network system, with dedicated spaces for bicycles and hybrids. Homes feature energy efficient materials, controls and systems, so it’s all about living in harmony with nature, in more ways than one.
Shopping, dining and entertainment at AKOYA Oxygen
Residents need never venture far from home to enjoy everything from a quiet coffee or a leisurely lunch to a high-end dining experience at AKOYA Oxygen. The development also boasts luxury retail and entertainment in a variety of beautiful settings.
The Rainforest at AKOYA Oxygen
Our tropical rainforest is a living, breathing ecosystem, dense with lush evergreen vegetation and exotic blooms, where fresh rainfall nourishes the diverse range of plants and trees every day.
The Trump World Golf Club Dubai
Stretching the limits of design, the Trump World Golf Club Dubai, with its championship course designed by golfing great, Tiger Woods, will delight avid golfers with a state-of-the-art clubhouse, world-class restaurants and an expansive pro-shop. There will also be the finest practice facilities, complemented by PGA qualified teaching professionals. Love of the game will go way beyond the fairway!
Amenities and recreation
Within Akoya OXYGEN, there are special villa projects that are focused on luxury living for both, individuals as well as families.
JUST CAVALLI VILLAs
The three-bedroom, four-bathroom Just Cavalli villas scheduled to open in 2020 start at a relative bargain of AED1.3 million (US$354,000). Located within the planned Akoya Oxygen community outside of the city center, the Just Cavalli villas will utilize Roberto Cavalli’s signature animal prints and earthy hues in both the interior fabrics and wall coverings as well as the exterior stonework.
Sahara Villas are on sale at Damac’s sales offices including Park Towers, Ocean Heights, Damac Hills, and Manara (SZR). The newly launched units are all attractively priced to start at AED999,999 with a four-year payment plan. At such competitive pricing, investors will be able to acquire a luxurious villa in a pristine setting and unmatched location, with the added-value of living in a golf community and enjoying the lifestyle benefits that it offers.
Sahara Villas feature spacious living areas ideal for families of all sizes, with three- and four-bedroom configurations in a variety of floor plans to suit the needs of investors and end-users. The floor-to-ceiling windows in all rooms ensure a year-round abundance of natural light and provide all-encompassing views of the golf course.
ETTORE 971 BUGATTI STYLED VILLAS
Every detail of the exquisite Ettore 971 Bugatti Styled Villas is as perfectly focused as a classic French supercar, with stunning design elements and majestic living spaces. Each home features its own unique glass-walled parking space, so you can cherish your car even when you’re not driving it; whilst your guests can sit back and admire the unique centrepiece to your home or views across the golf course by Tiger Woods Design.
DAMAC Properties: The creator of Akoya OXYGEN
Last year, Damac Properties was the Arab world’s fourth biggest public company, with Emaar its only real competitor in terms of scale. Akoya Oxygen is a $6.5bn, 55-million sq-ft community project of Damac Hills which will eventually house 10,000 residential units.
According to Forbes, Hussain Sajwani who heads DAMAC Properties is the world’s tenth richest Arab, with an estimated net worth of $3.7bn. Sajwani has pulled off some of the boldest schemes in the country. Here are the highlights of Damac’s achievements over the years