26 April 2016
The villas provide the luxury and tranquility of a spa retreat at home; Prices start at AED 1.7 million

Dubai, United Arab Emirates - Luxury real estate developer DAMAC Properties has launched an exclusive collection of hotel spa villas in the heart of the serene AKOYA Oxygen master development.

The hotel spa villas form a community designed to offer the tranquility of a retreat at home, and is set within the lush green environment of AKOYA Oxygen in Dubai. The limited edition hotel villas come standard with a private garden spa, providing a choice of Jacuzzi or sauna, and are fully furnished, in addition to being serviced, for the ultimate experience in luxury.

Niall McLoughlin, Senior Vice President, DAMAC Properties, said: "The hotel spa villas at AKOYA Oxygen are designed for those who seek serenity and relaxation in the most convenient location - their home. With the hectic lifestyles of nowadays, spas are frequently visited for relaxation and wellbeing, and people travel far at times just to relax and unwind. Just imagine if one can enjoy the spa and lift their spirit without ever having to leave the comfort of their home."

"This presents a unique offering for investors as it includes, as a standard feature, the spa facilities that are usually only available when one customises their property, and we all know this is not necessarily cost-effective. The hotel spa villas are all designed and fitted out with these amenities, and this keeps the villas at an affordable price. At no other place in the current market can one find this offering and at this price, with a location that is second to none within a lush and green environment. For those who wish to rent out their villa, they can expect a high return on investment as such distinctive hotel accommodation is in demand by UAE residents and tourists from around the globe."

The hotel spa villas are a limited edition offering with prices starting at just AED 1.7 million. The villas will be part of a community that is situated within the AKOYA Oxygen master development being developed by DAMAC Properties. AKOYA Oxygen is one of the much-awaited new developments, with the principle of creating a lush, green environment in Dubai, to provide an escape from the hustle and bustle of the city. The 55 million sq. ft. development is a short drive on Umm Suqeim Road in its own private retreat.

The project is set around the Trump World Golf Club, Dubai, an 18-hole championship-standard golf course which is being designed by world famous golfing legend, Tiger Woods. The course will be managed by The Trump Organization, which has become one of the most influential golf course operators in the world.

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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 31st December 2015, DAMAC Properties has delivered over 15,500 homes and has a development portfolio of over 40,000 units at various stages of progress and planning. Included are more than 13,000 hotel rooms and serviced hotel apartments under development, 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: Niall McLoughlin, Senior Vice President - Corporate Communications, DAMAC. Tel: +971 4 3731000 │ Fax: 00 9714 3732335 │Email: niall.mcloughlin@damacgroup.com

© Press Release 2016