{"id":18412,"date":"2016-07-03T17:52:55","date_gmt":"2016-07-03T10:52:55","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=18412"},"modified":"2016-07-03T16:07:49","modified_gmt":"2016-07-03T09:07:49","slug":"damac-targets-younger-home-buyers-with-akoya-imagine-launch-in-dubai","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-targets-younger-home-buyers-with-akoya-imagine-launch-in-dubai\/","title":{"rendered":"Damac targets younger home buyers with Akoya Imagine launch in Dubai"},"content":{"rendered":"


\nThe Dubai property developer Damac has launched a new series of villas at its 55 million sq ft Akoya Oxygen project aimed at younger home buyers.The company said that the Akoya Imagine units, which will consist of three- and five-bed villas with a starting price of Dh1.2 million, have been designed to appeal to millennials – ie those reaching adulthood since the year 2000.The company, whose shares are listed on the Dubai Financial Market, said that the homes have been designed to appeal to young couples and families, with colourful exteriors and open, airy interiors. The homes will go on sale from Saturday, and the company said that service charges for the units will be waived for a period of up to five years. A three-year payment plan is also being offered.Ziad El Chaar, the managing director of Damac Properties, said: “Akoya Imagine is targeted towards a new type of buyer – young, professional and savvy to the lifestyle and financial benefits of buying in an international golf course community. “This type of community is proven to consistently yield higher returns than a purely residential one and there is a limited supply in Dubai.”The golf course at Akoya Oxygen is being operated by Donald Trump’s Trump Organization and is being designed by Tiger Woods.In a note published last week forecasting second quarter results, the Dubai-based investment bank Arqaam Capital said that although it sees “selective strength” in UAE property stocks, investors need to price in the risk of a potential drop-off in earnings locally as a result of weakening economic conditions in the UK and Europe. Britons are the third-biggest buyers of UAE property, according to Dubai Land Department figures, behind Emiratis and Indians.”The net impact in our view is a weaker residential demand picture, and subdued tourist flows\/spend, against a backdrop of excess capacity. Aldar and DIC (Dubai Investments) are least exposed, from a buyer demographic angle, while Emaar and Damac are most likely to feel sales weakness,” it said.mfahy@thenational.aeFollow The National’s Business section on Twitter
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\nSource : thenational.ae
\nRead more…Damac targets younger home buyers with Akoya Imagine launch in Dubai<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Dubai property developer Damac has launched a new series of villas at its 55...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-18412","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-4MY","jetpack-related-posts":[{"id":28709,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-damac-targets-millennials-with-akoya-selfie-villa-project\/","url_meta":{"origin":18412,"position":0},"title":"Dubai developer Damac targets millennials with Akoya Selfie villa project","date":"October 5, 2016","format":false,"excerpt":"\r Damac Properties is making another attempt to attract millennials to buy its homes with the sales launch this weekend of its latest villa community Akoya Selfie.The Dubai listed developer announced today that it would open sales on a collection of three-bedroom villas at its 55-million-square foot Akoya Oxygen development\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-announces-inverted-villas-for-akoya-community-in-dubai\/","url_meta":{"origin":18412,"position":1},"title":"Damac announces inverted villas for Akoya community in Dubai","date":"September 7, 2016","format":false,"excerpt":"\r The National staffThe Dubai developer Damac is turning its architecture upside-down with a villa concept in its flagship master development Akoya that puts an infinity swimming pool on the first floor.Damac says the \"inverted\" XV Villas plan, announced at Cityscape Dubai 2016, feature living spaces on the first floor\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-damac-launches-the-beach-at-navitas-hotel-residences-at-akoya-oxygen\/","url_meta":{"origin":18412,"position":2},"title":"Dubai developer Damac launches The Beach at Navitas Hotel & Residences at Akoya Oxygen","date":"July 12, 2016","format":false,"excerpt":"\r Dubai developer Damac Properties will start marketing off-plan apartments in five new towers of its Akoya Oxygen development at the outskirts of Dubai.Damac said units at its first phase of apartments at the The Beach at Navitas Hotel & Residences projects will go on sale on Wednesday. The company,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32187,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-launches-three-bed-akoya-fresh-villas-for-dh1-2-million\/","url_meta":{"origin":18412,"position":3},"title":"Damac launches three-bed Akoya Fresh villas for Dh1.2 million","date":"October 29, 2016","format":false,"excerpt":"\r Damac Properties has announced the launch of a series of new three-bedroom villas at its Akoya Oxygen master development in Dubailand.The company on Saturday said the Akoya Fresh villas have been targeted at young professional couples and families with a starting price of Dh1.2 million, which is payable over\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":25321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-deliver-batch-of-akoya-homes-next-month\/","url_meta":{"origin":18412,"position":4},"title":"Damac to deliver batch of Akoya homes next month","date":"September 7, 2016","format":false,"excerpt":"\r The National staffDamac Properties announced at Cityscape Global 2016 that 1,350 units in its flagship master development Akoya would be delivered to investors next month. About 450 luxury villas and town houses, spanning four clusters - Silver Springs, Queen Meadows, Brookfield, and Whitefield - are completed. The 11 type\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22378,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/damac-to-sell-off-plots-of-land-at-akoya-oxygen-project-in-dubai\/","url_meta":{"origin":18412,"position":5},"title":"Damac to sell off plots of land at Akoya Oxygen project in Dubai","date":"August 9, 2016","format":false,"excerpt":"\r Damac Properties is to start selling off plots of land at its Akoya Oxygen community in Dubai.The plots will have a starting price of Dh600,000 and Damac said that it will give investors up to 10 years to build on them. Last month, the company announced the launch of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18412"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=18412"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/18412\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=18412"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=18412"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=18412"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}