Damac to offer Dubailand hotel villas for purchase

As part of its Akoya Oxygen development in Dubailand, Damac Properties has announced it will be offering its holiday villas for purchase.

The luxury villas will range in size from three- to six-bed and will feature home comforts such as kitted-out kitchens, private gardens, sound systems and even their own library and will have a starting price of US $477,463 (AED1.75bn) for the three-bed option.

Nova Hotels and Villas will offer a chance to purchase a holiday ome in the development which is a new part of Damac’s portolio.

Damac executive director Ziad El Chair, said: “There is considerable investor appetite for turnkey hotel-type projects which can be their vacation/second homes.

“Damac Properties' senior VP Niall McLoughlin said: “Nova Hotel Villas will be the best option for a second home in Dubai. Owners will be able to enjoy peace of mind that their home is cared for 24/7."

The villas will also use energy-efficient materials, low emission paints and solar water heating systems.

Villa owners will also have access to the new Trump World Golf Club in Dubai, designed by Tiger Woods.