Real Estate

Dubai, United Arab Emirates - 15 December 2016: DAMAC Properties, one of the leading luxury real estate developers in the region, today revealed the launch of MOD, a collection of townhouses in the heart of international golf community AKOYA Oxygen. The houses in this community, with a modern expression of luxury, are valued to be accessible to a diverse mix of buyers of all nationalities.

MOD townhouses at AKOYA Oxygen will go on sale in Dubai on Wednesday,December 21 at DAMAC Maison Cour Jardin (1 st floor) in Business Bay-- Al Abraj Road from 4pm to 10pm. Valued at only AED 595,000 with payment over 3 years, the present a rare possibility to own a residence in a global golf community, at prices that are less than an apartment somewhere else. Each MOD townhouse features one bed room, a living room and research study, with the added-value attribute of an exclusive garden space that customers will appreciate with these properties.

Niall McLoughlin, Senior Vice President, DAMAC Properties, claimed: "We are excited to give market yet an additional innovative residential offering within a green community. MOD townhouses distinctly supply new home buyers and capitalists alike with the opportunity to climb up into Dubai's rewarding property ladder and enjoy the benefits. At this cost factor, MOD townhouses are accessible to all customer sectors, that could satisfy their dream of possessing a house and delighting in the luxury and way of living of living in a worldwide golf community, as opposed to purchasing a house."

" To investors, these properties present a secure property possession that could enhance and expand one's financial investment portfolio. With the scenario of an ever-growing populace in Dubai that need quality houses in greener areas, funding gratitude and preservation are practically assured. One more engaging reason to make this kind of investment is the constant and high-yielding income. Dubai's typical yearly rental yields are currently anywhere from 6 to 10%, outmatching various other popular financial investment cities, and due to its lower cost in contrast to the awaited yearly lease, we anticipate MOD to enjoy returns at the highest possible end of this scale," McLoughlin included.

AKOYA Oxygen is a 55-million- square-foot master development that will certainly showcase one of the greenest home in Dubai. House to the 18-hole champion golf course by Tiger Woods Design, the eagerly expected growth boasts simple accessibility to Dubai's significant freeways; yet is far sufficient far from the bustle of the city to offer a relaxing pace of life in a beautiful green setting.

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