• This is the first handover in DAMAC’s largest master development, AKOYA

Dubai: DAMAC Properties has commenced handovers at the ‘Claret’ cluster of its landmark 55 million square-feet master development, AKOYA. Claret, which consists of 315 townhouses, is nestled amidst lush green surroundings and world-class amenities. Following the handovers at Claret, DAMAC is committed to delivering over 1,300 homes across other clusters in the coming months.

Construction works at AKOYA, which is DAMAC’s largest community development project, is in full swing, spurred by a slew of contracts that the developer has awarded over the last two years. All internal roadways have been constructed, and the highly-anticipated community center is in the final stages of completion. The community will also see the opening of a Carrefour Market by the end of this year. Surrounded by the magnificent Trump World Golf Club, the mixed-use development features the best in class amenities such as health clubs, swimming pools, schools, pharmacy, and world-class dining and shopping options.  

Ali Sajwani, General Manager of Operations at DAMAC Properties said, “AKOYA is a very special project, and we are thrilled to welcome the first residents to their modern townhouses in Claret. AKOYA offers a carefully designed master plan that will make residents feel one with nature in more ways than one. We are confident that our new residents will truly enjoy a holistic living experience.”

Located along the Umm Suqeim Expressway, AKOYA is just 30 minutes away from Dubai’s City Centre. Since its launch, AKOYA has won multiple awards, including ‘Best Golf Course Development’ at the International Property Awards and ‘Best Golf Course’, for the Trump World Golf Club Dubai.

DAMAC has amplified its focus on completion this year, and has already handed over 727 homes in Ghalia, its first certified Sharia-compliant luxury furnished apartments. 

-Ends-

About DAMAC
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 utmost quality. The company’s footprint now extends across the Middle East with projects in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Oman and the United Kingdom. 

As of 31st March 2019, DAMAC Properties has delivered over 25,073 units. The company has a development portfolio of over 40,000 units at various stages of progress and planning, comprising more than 10,000 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.  Visit us at www.damacproperties.com  

For more information, please contact:
Kavitha Menon, Corporate Communications, DAMAC Properties
Tel: +971 4 373 2197 │
Email:
Kavitha.Menon@damacgroup.com 

© Press Release 2019

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