Damac launches new tower complex in Akoya Oxygen

One of the largest Dubai developers Damac starts selling new residential units in a five tower complex in Dubailand.

New residential and hospitality development Navitas Hotel & Residences from Dubai’s master developer Damac will offer property buyers a wide range of real estate options for living and investing.

The complex located in the iconic residential community Akoya Oxygen in Dubailand will consist of five towers, one of which will house 312 hospitality units, while the other four buildings will include private residential accommodations with views of the golf course. Towers will be interconnected by a common podium with restaurants, retail units, a gym, a swimming pool and a recreation area.

Damac also offers a favorable 4-year payment plan for property buyers in the Navitas Hotel & Residences, with prices starting from USD 119,000.

Akoya Oxygen, where towers will be constructed, is a residential community centered around the golf course with spectacular views of the green lawns and a total area of almost 511 hectares. 18-hole championship golf course was designed by the international golf champion Tiger Woods, and the area will also have a man-made rain forest on its territory. It will also be easy to maintain a healthy lifestyle in the community thanks to the local organic market, wellness center and an open yoga area; and for those who prefer shopping a luxury Vista Lux retail district will be opened here.

“By investing in a hotel room at ‘Navitas Hotel & Residences’, you’ll benefit from Dubai’s flourishing hospitality industry, which will be a gateway to high annual returns,” said Niall McLoughlin, Senior Vice President, Damac Properties.

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