By Andy Sambidge
Developer announces new tie-up with Italian fashion house for its Akoya project in Dubai
Damac Properties on Sunday announced a collaboration with Italian house, Fendi, to develop fashion-styled interiors in exclusive villas at the Akoya by Damac master development in Dubai.
Set on an island in the heart of the 28 million sq ft project, overlooking the Trump International Golf Club, Dubai, the Fendi-styled villas will have full golf course views and are the first mansions developed in the Middle East, the Dubai-based developer said in a statement.
Damac said it will be showcasing the Fendi-styled villas during Cityscape Global, taking place at Dubai World Trade Centre from October 8-10.
Niall McLoughlin, senior vice president, Damac Properties, said: "We have seen an outstanding response to the early launches, and these new villas in collaboration with Fendi Casa are expected to be in great demand given the quality of finish, unique brand association and opportunity to reside in one of the most exclusive addresses in the Middle East."
Damac said Fendi-styled Villas at AKOYA by Damac will be set within some of the most sought-after land in the master development.
"This project signals another important moment in the history of Fendi, Fendi Casa and Damac Properties," said Pietro Beccari, president and CEO of Fendi.
"Following the success of the luxury properties realized in Dubai and Riyadh, these new villas feature the most distinctive materials, elegant objects, and cinematic ambiences that are timeless and exceptionally made, perfectly embodying Fendi DNA."
AKOYA by Damac is a self-contained luxury master development with high end restaurants, a shopping plaza, schools, and all the amenities required of the highest developments.
As many as 30,000 residents will live among the green and spacious environment, each with views of the centre piece 18-hole Championship standard golf course, which will be managed by the Trump organisation.
Damac Properties has a long-established collaboration with Fendi with the launch earlier this year of Damac Esclusiva in Saudi Arabia and Damac Residenze in Dubai Marina.
Damac has completed 8,887 units to date spanning 9.1 million sq ft. It also has a further 23,788 units at various stages of progress and planning across the Middle East region covering 28.6 million sq ft.