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Dubai, United Arab Emirates - DAMAC Properties today launched The Residences as well as AYKON Hotel & Hotel Apartments at AYKON City, a unique development centrally located on Sheikh Zayed Road and overlooking the Dubai Canal.
Ziad El Chaar, Managing Director, DAMAC Properties said: "Freehold property in Dubai is one of the most sought after by property investors from all over the world as government legislation makes it easy and secure for foreign owners. The location of AYKON City - in the heart of the Golden Quadrant of Dubai - makes it one of the most desirable locations in the emirate in this first-of-its-kind development."
The Residences, part of Tower C, is an exclusive collection of private residences from studio apartments to one, two and three bedroom arrangements. Situated in one of the city's most accessible locations, The Residences embodies the finest lifestyle available in Dubai, with access to AYKON Club, an exclusive residents-only membership with a modern twist on old-world charm. Set just below the 295-metre summit of its tower, the club will offer spectacular views of the city as well as an intimate environment to relax and unwind. The Residences offers the very best in fine dining, retail and coffee shops set within the AYKON Plaza, children's play areas, resort style pool and relaxation areas, as well as the very latest wellness and gymnasium facilities.
The AYKON Hotel & Hotel Apartments represent the first project from the AYKON hospitality brand, with spacious suites, sophisticated service and exclusive guest experiences. Every detail of the tower has been crafted to inspire and indulge with hotel suites varying in size from 60 square metres to a capacious 400 square metres. The hotel apartments are available in a variety of arrangements and residents can opt to benefit from a menu of hotel services.
Located in one of Dubai's most exciting and entertaining locations with easy access to prominent landmarks and amenities, along with magnificent views, AYKON City comprises Dubai's first all-suites, 80-storey AYKON Hotel and Residences, a 63-storey serviced hotel residences, a 60-storey apartment tower, and a 65-storey office tower.
During Cityscape Global 2016, DAMAC Properties also announced three new project launches including the new phase of AKOYA Imagine 3-bedroom villas targeting millennials, the new 4-bedroom AKOYA Cuatro Villas as well as the XV Villas at AKOYA by DAMAC.
"We are pleased to bring to market a further range of projects for discerning customers and investors looking for a choice of attractive and lucrative investment opportunities. With exclusive, luxury residential apartments in the most convenient and easily accessible locations, we offer premium quality combined with the assurance of strong financial returns," El Chaar added.
The new projects are:
1. AKOYA Imagine 2.0 is a range of 3-bedroom modern villas designed for millenials and their families, and is part of an international golf community. Set within one of Dubai's most accessible suburban locations, these superb villas are less than 20 minutes drive to downtown Dubai, Mall of the Emirates or Palm Jumeirah. At a price of AED 999,999 payable over 3 years plus plot title deed with every purchase, these 3 bedroom villas offer fantastic value as well as an attractive investment opportunity for the discerning customer.
2. AKOYA Cuatro Villas is a range of new homes specifically also designed for millennials and their families. Surrounded by a lush green environment, these 4 bedroom residences are located in a family friendly golf community at the heart of the award winning AKOYA Oxygen development.
With serviced and non-serviced options available they offer the very latest in modern living and lifestyle, complete with a host of world-class amenities such as dining, shopping, hospitality and entertainment, part of the ultimate lifestyle proposition.
3. The truly innovative XV Villas at AKOYA by DAMAC offer extraordinary sophistication in design, with new to market "inverted" floor plans that provide elevated views across the lake and golf course.
XV Villas at AKOYA by DAMAC feature living spaces on the first floor which open to an infinity pool that flows to the ground-level pool. As opposed to all other villa types in Dubai, having the living space on the first floor allows for greater views over the golf fairways. The contemporary-styled villas offer a luxurious living experience and serenity in one of the most highly-anticipated golf communities in Dubai. XV Villas at AKOYA are set within the impeccably-landscaped 18-hole, par 71 championship course designed by 2016 Olympic Games course architect, Gil Hanse and will benefit from the community's amenities including a 30,000-square-foot clubhouse, luxurious spa and wellness facilities, luxury shopping and entertainment, world-class dining, an outdoor cinema, as well as schools and nurseries, among others.
Further information is available at www.damacproperties.com
About
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 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.
Further information is available at www.damacproperties.com or join DAMAC Properties on Facebook, Twitter (@DAMACofficial) and YouTube.
For more information please contact: Tim Fallon, Vice President - Corporate Communications, DAMAC. Tel: +971 4 3731000 │ Fax: +971 4 3732335 │ Email: tim.fallon@damacproperties.com
© Press Release 2016



















