A Luxury Dubai Investment
DAMAC Properties, one of the region's largest luxury real estate developer, has introduced 'Navitas Hotel & Residences' in AKOYA Oxygen golf course community.
‘Navitas Hotel & Residences’, a project with a total value of AED 850 million, provides attractive investment opportunities equaling the rental rates for a period of only four years, and presents the opportunity to own a residential unit in the green lifestyle community, which is home to the Tiger Woods designed international golf course, The Dubai Rainforest and the high-end retail and entertainment district, Vista Lux.
One of the towers comprises 312 hotel rooms, which will be managed by DAMAC Hotels & Resorts. The other four towers will comprise private, residential units, which will look out over the golf course and the full project. «The five, 14-storey towers are a real opportunity for those looking for investment properties,» said Niall McLoughlin, Senior Vice President, DAMAC Properties. «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.»
«Everything will be taken care of in your luxury hotel room, starting with beautiful interior detailing and exquisite finishing. Each spacious room is lavishly furnished and comes with separate living and dining areas,» said McLoughlin. «The world-class amenities and our round-the-clock staff members will ensure you enjoy premium service on a par with the world’s finest hotels.»
AKOYA Oxygen is a 55 million-square-foot development in Dubailand, offering a green and lush community to escape the city. The whole ethos of the project is based around a green concept that will be integral to this new community.
Located off the Umm Suqeim Road extension and around 15 minutes from AKOYA by DAMAC, AKOYA Oxygen will have an up market resort feel. The development will include contemporary residential properties of various sizes surrounding an 18-hole championship golf course, along with an organic produce market, luxury wellness centre, outdoor yoga enclave and retail outlets featuring well-known brands.