Success of first phase spurs release of additional units to meet demand for DAMAC Properties' bespoke products

Dubai, United Arab Emirates : DAMAC Properties, a leading luxury real estate developer in the region, announced the complete sell out of all units in Phase One of Just Cavalli villas at its golf development AKOYA Oxygen. To cater to the strong investor interest, DAMAC Properties has announced the release of additional units for sale.  

Priced from AED 1.3 million with an easy payment plan over three years, the latest collection of Just Cavalli villas will go on sale on Saturday, October 21, across all of DAMAC’s sales offices in Dubai from 10am till 10pm. For a limited period only, DAMAC Properties has made it even more attractive for customers by waiving 50 percent of the DLD registration fees, with customers set to save AED 26,000 or more, depending on the unit they choose.

Niall McLoughlin, Senior Vice President, DAMAC Properties said: “Our unique Just Cavalli product has been a tremendous success, drawing interest from investors and end-users who appreciate the novelty of bespoke products and premium location within a golf community, recognising great value for such properties. Due to popular demand, we are pleased to release new units for those customers who missed the opportunity the first time.”

“The success of the first phase demonstrates the commitment of DAMAC Properties to deliver dream homes and unparalleled lifestyles. As the pioneer in the branded real estate space in Dubai, we are proud of the associations we have forged with prestigious global brands to bring aspirational living concepts to customers who seek it. Not only do they offer a unique and iconic style, Just Cavalli villas also present great value for money and are priced competitively for properties that have signature elements and touches from a major fashion house.”

Just Cavalli villas were borne out of a recent collaboration between DAMAC Properties and the Roberto Cavalli Group to launch the world’s first villas to feature interiors with the “Just Cavalli” signature-style. Located in one of Dubai’s most prestigious golf communities, the luxury villas perfectly embody the designer’s bold and iconic styling and ethos, with exotic and innovative interiors complemented by daring exteriors.

Just Cavalli villas are available in a variety of configurations and sizes including 3- bedroom options that offer additional choice with rooftop terraces and unique lower ground floors that provide additional recreational or utility space for the family. A standalone 6-bedroom option is also available for larger families who seek additional space. The villas feature separate living/dining area and kitchen and have access to the community’s Just Cavalli gym equipped with modern equipment, kids play area, multi court, barbeque area and outdoor cinema.  Set within AKOYA Oxygen, Just Cavalli villas will also have access to the many amenities on offer in the master development including nature-inspired facilities, gourmet fare, retail boutiques, its own rainforest and an 18-hole international golf club.

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Further information is available at www.damacproperties.com

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 and the United Kingdom.

As of 30th June 2017, DAMAC Properties has delivered approximately 19,000 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.

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For more information, please contact: Sherif Elghamrawy, Assistant Vice President, DAMAC Properties. Tel: +971 4 3731000 │Email: mailto:sherif.elghamrawy@damacgroup.com

© Press Release 2017