Business & Money | Saturday 2 May, 2015 2:14 pm |

An Exciting New Experience in Luxury Hospitality within AKOYA Oxygen Goes on Sale

DAMAC Properties has launched its first hotel villa concept within the aspirational AKOYA Oxygen community in Dubai.

The luxury real estate developer has made its Nova Hotel Villas available at a starting price of just AED 1,753,700 for a three bedroom home, with each villa enjoying spacious open plan living. Villas range from three to six bedroom units.

Set within a private enclave within the lush green surrounds of 55 million sq ft of tranquility within AKOYA Oxygen, Nova Hotel Villas provide the comforts of an expansive home with the added benefits of services more traditionally associated with the world’s finest hotels.

“Nova Hotel Villas offer a total new segment to the luxury real estate market in Dubai,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “Nova Hotel Villas will be the best option for a second home in Dubai, these fully furnished villas with optional Hotel services available from our team at DAMAC Maison Hotels & Resorts, owners will be able to enjoy peace of mind that their home is cared for 24/7 and they can sit back and enjoy the benefits of living in one of Dubai’s most sought after addresses.”

“The process of making the villas personal starts before owners move in, by instructing our team of experienced interior designers and decorators on your personal taste, resulting in a fully furnished home which is truly aligned to your personal tastes,” he added.

Nova Hotel Villas come complete with private gardens, library, a fully-fitted kitchen, décor and sound system. In line with the green credentials of AKOYA Oxygen, the Nova Hotel Villas will feature energy efficient materials, lighting and controls in addition to low-emission paint, and solar water heating systems.

The homes are also part of DAMAC Maison Hotels & Resorts rental pool scheme allowing owners to generate returns on their property while they are away.

AKOYA Oxygen has quickly become one of the most desirable luxury living communities in Dubai. The tranquil green environment gives way to a serene space which has so much for owners and tourists to enjoy, all set around the Trump World Golf Club, Dubai – which is being design by former world number one golfer Tiger Woods. Owners also benefit from the expansive retail and entertainment facilities that sit within the heart of AKOYA Oxygen.

Dubbed as Dubai’s first green residential address, AKOYA Oxygen will offer cleaner air, naturally cooler temperatures and a carefully designed master plan to reduce pollution with dedicated spaces for bicycles and hybrid cars.

As of March 31st 2015, DAMAC Properties has delivered almost 14,000 homes and has a development portfolio of over 37,000 units at various stages of progress and planning. DAMAC Properties’ hospitality portfolio will extend to reach around 13,000 units of hotel rooms, serviced hotel apartments and serviced villas. The company’s pipeline of hospitality projects are operated under the DAMAC Maison Hotels & Resorts and NAIA Hotels & Resorts brands.

Further information is available at www.damacproperties.com

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Notes to editor: DAMAC Properties has been at the forefront of the Middle East’s luxury real estate market since 2002 – bringing luxury living experiences to residents from all over the world. Making its mark at the highest end of stylish living, DAMAC Properties has cemented its place as the leading luxury developer in the region, offering iconic design and the upmost quality. The company’s footprint now extends across the Middle East with projects in the UAE, Qatar, Saudi Arabia, Jordan and Lebanon.

As of March 31st 2015, DAMAC Properties has delivered almost 14,000 homes and has a development portfolio of over 37,000 units at various stages of progress and planning.

The company is listed on the Dubai Financial Market (DFM). The company also issued a US$650 million five year Sukuk on NASDAQ Dubai in April of 2014, which was more than four times oversubscribed and was placed with institutional investors across Europe, the Middle East and Asia.
As a leading player in the market, DAMAC Properties has joined forces with some of the most recognisable fashion and lifestyle brands in the world to bring new and exciting living concepts to the market.

Projects include a Tigers Woods designed golf course which will be managed by The Trump Organisation, luxury apartments with interiors by Italian fashion-house Versace, luxury apartments and villas with interiors by FENDI and uniquely conceptualised Paramount Hotels and Resorts to bring serviced living at it most opulent.

The company is also developing two of the most anticipated luxury master communities in Dubai – AKOYA by DAMAC and AKOYA Oxygen. With a combined square footage of almost 100 million sq ft, the two distinct projects bring luxury villas within lush green surrounds to the doorstep of those looking to escape the city lights in a private, serene environment.

Running through the heart of each project will be an 18-hole Championship Golf Course – The Trump International Golf Club, Dubai designed by Gil Hanse at AKOYA by DAMAC and The Trump World Golf Club, Dubai, designed by Tiger Woods. Both courses will be managed by the Trump Organisation, offering the highest levels of white glove service.

Each project will house the highest luxury villas and apartments currently available on the market, with branded living concepts available within AKOYA by DAMAC from Paramount Hotels & Resorts and FENDI. The Trump Estates mansions also offer a truly indulgent lifestyle, with panoramic views across the course.

As a global leader in branded real estate, the company is also developing a US$1.35 billion hotel and luxury serviced residences in the Burj area of Dubai, called DAMAC Towers by Paramount, which will comprise the first Paramount hotel and serviced residences in the region.

DAMAC Properties’ hospitality portfolio will extend to reach around 13,000 units of hotel rooms, serviced hotel apartments and serviced villas. The company’s pipeline of hospitality projects are operated under the DAMAC Maison Hotels & Resorts and NAIA Hotels & Resorts brands.

With vision and momentum, DAMAC Properties is building the next generation of Middle East luxury living.

Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.