First residents move into Damac's Akoya mega project in Dubai

Developer Damac says it has commenced handovers at the Claret cluster of its 55 million square-feet master development

Damac Properties said on Monday that it has commenced handovers at the Claret cluster of its landmark 55 million square-feet master development, Akoya.

The first residents are now moving into Claret, which consists of 315 townhouses, the developer said in a statement.

It added that following the handovers at Claret, Damac is committed to delivering over 1,300 homes across other clusters in the coming months.

Construction works at Akoya, Damac’s largest development project, has been spurred by a slew of contracts that the developer has awarded over the last two years, the company said.

All internal roadways have been constructed, and the community centre is in the final stages of completion. The community will also see the opening of a Carrefour market by the end of this year.

Surrounded by the Trump World Golf Club, the mixed-use development also features amenities such as health clubs, swimming pools, schools, pharmacy, and dining and shopping options.

Ali Sajwani, general manager of operations at Damac Properties said: “Akoya is a very special project, and we are thrilled to welcome the first residents to their modern townhouses in Claret.”

Tags

DAMAC PROPERTIES, AKOYA, DUBAI REAL ESTATE MARKET, DUBAI PROPERTY MARKET, UNITED ARAB EMIRATES,