DAMAC Properties Launches Golfotel to Target Dubais Growing Golf Tourism Market

Real Estate

DAMAC Properties Launches Golfotel to Target Dubais Growing Golf Tourism Market

DAMAC Properties, a leading luxury real estate developer in the region, today introduced Golfotel, the only premium 5-tower hotel building bordered by a fairway in Dubai. The news was made as part of DAMAC Properties' participation at the Arabian Traveling Market 2017, taking place in Dubai from April 24 th to 27 th.

Golfotel will certainly feature over 2,000 well-appointed modern areas with golf sights of the Trump World Golf Club Dubai, which is established within the 55-million square foot community AKOYA Oxygen.

The hotel features amenities such as a lounge and international restaurants, a gym, an exterior pool along with shuttle bus services to the most effective traveler attractions all over Dubai and complimentary airport terminal transfer. It is located at an equivalent range from Dubai International Airport terminal and Al Maktoum International Airport terminal and remains in close proximity to popular tourist destinations in Dubai.

Niall McLoughlin, Senior Vice President, DAMAC Properties, said: "Financiers will certainly be pleased with the opportunity to possess a hotel space on a worldwide golf course that reaps higher returns compared to any other financial investment courses. Owning a hospitality unit provides an attractive return on investment as a result of the burgeoning tourism industry and potential profits that could be generated. Exactly what we are supplying is even more lucrative owing to the unique setup in a golf community - such properties typically regulate a premium due to their area.".

Although not necessarily enthusiastic golf players, residents and tourists are usually drawn by the suggestion of a premium way of life and feeling of status as a result of the closeness of the golf course, in addition to the peacefulness connected with green and open spaces and impeccably manicured landscaping.

Communities such as AKOYA Oxygen attract residents and vacationers that desire a particular way of life that just these integrated neighborhoods could offer. Youthful and mature audiences are appealed by the experiences they provide besides being a financial investment that will give long-lasting high returns - DAMAC has actually brought Dubai golf community living to a new level," McLoughlin added.

DAMAC Hills and AKOYA Oxygen are the initial integrated golf developments that promise to be way of living locations for individuals of all ages because of entertainment, hospitality and retail components, to name a few. Moreover, domestic property around golf links has a record of enabling a boost in evaluations, by approximately 20%, inning accordance with advising firm KPMG. Such completely integrated master growths have the potential to draw a substantial number of travelers and end up being preferred tourist locations thinking about the parts of costs hospitality, food and drink,retail and home entertainment in addition to golf, which is a major destination for fans of the sporting activity.

The Trump World Golf Club Dubai is an 18-hole championship standard course designed by the iconic playing golf superstar Tiger Woods, that will bring his design expertise and around the world having fun experience to the advancement. When coupled with the Trump brand criterion of excellence, the club will develop a new luxury benchmark for golf in the Middle East.