Dubai-based leading property and real estate developer Damac Properties is planning to set its architecture upside-down with a villa concept in its flagship mega project ‘Akoya’ that will have an infinity swimming pool on the very first floor. The ‘inverted’ XV Villas plan, announced at Cityscape Dubai 2016, taking place at the Dubai World Trade Centre, features living spaces on the first floor that open to an infinity pool that flows into the ground-level pool, says Damac. The villas border the Akoya community’s 18-hole golf course and lake. Damac also stated that 1,350 units at Akoya community are ready to be delivered to investors next month. Development of nearly 450 luxury villas and townhouses that span four clusters, namely, Silver Springs, Queen Meadows, Brookfield, and Whitefield, are finished. The 11 type of villas and townhouses vary from three to six bedrooms, with a large number of villas directly facing the international golf course in the community.
“Akoya is our first master development in the country and the delivery of units to their owners marks a milestone for us and shows our ability to deliver a project of such intricacy and size.”, says the Managing Director of Damac Properties, Ziad El Chaar.
Damac announced in July, the launch of Akoya Imagine villas at its Oxygen community in Dubai, which it claimed were more colourful properties with low community fees aimed at millennials. These went on sale starting at AED 1.2m for the smallest units and completely sold out within a few weeks. Damac also announced that it would start selling off plots of land at Oxygen, with the smallest starting at AED 600,000 and buyers would have ten years to build on them.
Damac Properties is one of the prominent property development companies based in Dubai. It is the first company from the Middle East to list on the London Stock Exchange.