By Andy Sambidge
Developer says Akoya Oxygen will offer the 'greenest living spaces' in Dubai; will feature parklands, open spaces and golf course
Dubai-based Damac Properties on Tuesday revealed plans to build a new project in Dubailand featuring what it called the "greenest living spaces" in the emirate.
Following last year's launch of Akoya by Damac, the developer has announced a second master development called Akoya Oxygen.
Spread over 55 million square feet, it will offer parklands, green open spaces and private gardens. The development, close to Akoya by Damac, will include various residential home options surrounding a championship golf course designed by a unnamed international golfing star, Damac said in a statement.
"Akoya Oxygen is being developed along the ethos of 'Escape The City' and will be a lush green environment with an upscale resort feel," the company said.
Luxury residential properties will be integrated with retail and hospitality products including a five-star hotel and a wellness centre, it added.
Ziad El Chaar, managing director of Damac Properties said: "Akoya Oxygen is set to be the first community of its kind in Dubai. It is being designed to be a masterpiece that isn't just architecturally accomplished, but also lives in harmony with the environment.
"We will be relocating over 4,000 trees into the development to ensure cleaner air and naturally cooler temperature. This will be in addition to many water features throughout the community.
"When we created Akoya Oxygen, we had a clear vision that is being translated into every component of the project. From low emission residences, to our utilising of recycled materials, all this will contribute in transforming Akoya Oxygen into the first green luxury residential address in Dubai.
"This green concept will be integral to this new community. Homes will incorporate energy efficient materials such as lighting, low-emission paints and solar water heating systems and will all feature strongly in the building process."
He added that the road network will also be designed in a way to minimise pollution.
El Chaar said: "After the success of Akoya by Damac, Akoya Oxygen came as a logical continuity to this brand and an important step forward in further building on the success in terms of quality, innovation and our association with international brands."
Damac Properties said it has delivered almost 11,000 units to date and currently has a development portfolio of over 26,000 units at various stages of progress and planning as of June 30.
I don't understand how Damac is allowed to build at such an aggressive tempo knowing the history during the crises. I always avoid buying from them due to lack of trust. and who gives a Lamborghini with an apartment, don't people know its already included in the price? same promotion as before the crises instead of trying to rebuild the trust.
Damac buys plot on 5th of August 2014. Launch of the project built on this plot on 20th August 2014. How in the world have they obtained planning and approvals within a period of 15 days????