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DUBAI, United Arab Emirates--(BUSINESS WIRE)--
Luxury real
estate developer DAMAC Properties has revealed more details within AKOYA Oxygen, making it one of the most progressive family lifestyle communities in
Dubai.
“There is so much
more to the development than luxury homes. Owners will reside next to the only
Tiger Woods-designed golf course in the Middle East and be able to walk along
the canal to see the Dubai Rainforest.”
It comes after a report by KPMG stated that golf courses
increase the valuation of adjacent real estate by up to 20% when compared to
similar real estate in a neighbourhood without the golf course component. The
course in AKOYA Oxygen is being designed by Tiger Woods and managed by The
Trump Organisation.
DAMAC Properties has confirmed the designs for Woods’ first
course in the region is complete and work is underway on the 18-hole, par 72,
7,400-yard championship-standard Trump World Golf Club, Dubai - a key the attraction of AKOYA Oxygen. The tender for main construction is being issued
with the course set to become one of the most desirable courses to play in the
world.
The company has also announced details of the key central
entertainment district which will run alongside a scenic canal. This area is
set to attract visitors from all over with many ‘firsts’ for the region
including a self-contained experiential Rainforest.
More than 2,000 luxury serviced hotel apartments and hotel
rooms will be housed above the retail and entertainment component, making the
area a hive of activity and the central meeting point for people in Dubailand.
“In AKOYA Oxygen you don’t just live, you experience
living,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “There
is so much more to the development than luxury homes. Owners will reside next
to the only Tiger Woods-designed golf course in the Middle East and be able to
walk along the canal to see the Dubai Rainforest.”
“AKOYA Oxygen will be the focal point for tourists and
residents with so much to see and do,” he added. “Savvy buyers today demand
much more than four walls and a roof – it is important to deliver an integrated
lifestyle in tune with their aspirations.”
The first residents will move into the luxury villas and
townhouses at AKOYA Oxygen in 2017 with the full development set to be
completed in time for the Dubai World Expo being hosted in Dubai in 2020.
best place to buy property in Dubai
best place to buy property in Dubai
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