Real Estate

DAMAC Properties, one of the area's largest high-end property programmer, has presented 'Navitas Hotel & Residences' in AKOYA Oxygen golf links area with a 4-year layaway plan with costs beginning with AED 440,000.

'Navitas Hotel & Residences', a project with a total worth of AED 850 million, provides appealing financial investment chances equating to the rental prices for a duration of only four years, as well as offers the chance to have a domestic unit in the environment-friendly way of life neighborhood, which is the home of the Tiger Woods developed worldwide fairway, The Dubai Rainforest and also the high-end retail and enjoyment area, Vista Lux.

Among the towers makes up 312 resort areas, which will be taken care of by DAMAC Hotels & Resorts. The other four towers will consist of exclusive, residential units, which will watch out over the fairway and also the full job.

"The five, 14-storey towers are a real possibility for those seeking financial investment properties," stated Niall McLoughlin, Senior Vice President, DAMAC Properties. "By purchasing a resort space at 'Navitas Hotel & Residences', you'll benefit from Dubai's growing hospitality sector, which will be a gateway to high annual returns.".

"Everything will be taken care of in your luxury hotel space, beginning with gorgeous interior detailing and also exquisite completing. Each large room is lavishly equipped and comes with different living and dining areas," stated McLoughlin.

He added: "The first-rate services and also our continuous employee will certainly guarantee you appreciate exceptional service on a par with the world's finest hotels.".

The towers are set on an usual platform and provide their very own retail element so you never should venture far from home for a few supplies.

All the devices have access to a sophisticated gym, tranquil pool as well as lounge area, as well as retail stores and restaurants on the first stage.

AKOYA Oxygen is a 55 million-square-foot development in Dubailand, providing an environment-friendly as well as lush neighborhood to run away the city. The entire values of the task is based around an environment-friendly idea that will be integral to this brand-new area.

Located off the Umm Suqeim Road expansion as well as around 15 mins from AKOYA by DAMAC, AKOYA Oxygen will certainly have an up market resort really feel. The advancement will certainly consist of modern homes of different sizes bordering an 18-hole champion greens, in addition to an organic fruit and vegetables market, luxury wellness centre, exterior yoga enclave and retail outlets featuring prominent brands.

At the heart of the job is Vista Lux, the 1 million square foot central amusement as well as retail area, that includes a waterway as well as more than 1.5 kilometres of sidewalks, developing a vital main amusement as well as retail district in the heart of the project. The area will certainly supply high-end retail, restaurants and also enjoyment to sustain the AKOYA Oxygen residents, and will attract visitors from throughout with lots of firsts for the region, including a self-contained experiential Rainforest, a Hydroponic coffee shop and dining establishment where visitors can choose their own produce.

As of 30th September 2015, DAMAC Properties has actually supplied 14,375 residences and has a growth portfolio of over 37,000 systems at different phases of development and planning. Included are more than 13,000 hotel spaces as well as serviced resort houses under development, which will be handled by its friendliness arm, DAMAC Hotels & Resorts.

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