Akoya Drive Call +971527425020

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    23-Aug-2014
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DUBAI, United Arab Emirates--(BUSINESS WIRE)-- Luxury real estate developer, DAMAC Properties has announced the development of AKOYA Drive, one of the longest shopping strip experiences in Dubai. Similar in length to ‘The Walk’ at Jumeirah Beach Residences (JBR) and reflective of Rodeo Drive in Beverly Hills, The Croisette or Champs Elysees in Paris, AKOYA Drive will stretch 1.3 km through the AKOYA by DAMAC luxury golf community off Umm Suqeim Road and will include high-end food and beverage, retail shopping, serene locations to meet friends and a host of family entertainment offerings. The strip will house an outdoor ice-skating rink, cinema screen and interactive kids play area. The area will be longer than 13 football pitches end to end, and create a vibrant focal point for the residents of AKOYA by DAMAC and the surrounding area. More than 80,000 people will live within 16 km of AKOYA Drive by the time is completed. “AKOYA Drive is what everyone in Dubai has been waiting for,” said Niall McLoughlin, Senior Vice President, DAMAC Properties. “We expect AKOYA Drive to be the new place to meet friends, entertain and get away from it all. This new haute spot with shopping, dining and entertainment will provide a real central point for those living in Arabian Ranches, through Motor City, Jumeirah Village and the surrounding areas.”

Transcript of Akoya Drive Call +971527425020

  • DUBAIS NEW HAUTE SPOT
  • D U B A I Dubai is a melting pot of the old and the new - from the history, culture and traditions of the Arab world to high-rise business towers, bustling mega malls and high-tech transportation infrastructure. With such a varied mix of people and traditions, Dubai is a thriving metropolis where East meets West. From quiet hidden cafes to bustling souks, there is everything in one place in a safe and secure environment. Be it music, sport, art, culture or entertainment, whatever your passion, you will find it in Dubai.
  • The inspiration behind AKOYA Drive is DAMAC Properties, one of the regions leading luxury property developers. Since 2002, DAMAC Properties has completed over 10,000 units with over 25,000 units at various stages of progress and planning*. For over a decade, DAMAC Properties has remained at the forefront backed by a growing presence across the UAE, Saudi Arabia, Qatar, Jordan and Lebanon. D A M A C - L I V E T H E L U X U R Y *As of 31st March 2014.
  • Spanning 42 million square feet, AKOYA by DAMAC is glittered with the most luxurious lifestyles nestled around a world-class golf course and lush green private park. This is where opulent lifestyles, world-class retail & leisure spaces and spectacular outdoor living spring to life like never before. Nestled within the extravagance of AKOYA by DAMAC is The Trump International Golf Club - Dubai, the first in the Middle East to be managed and operated by the Trump Organization. Golf enthusiasts will be well served with a world-class 18-hole Championship golf course, expansive clubhouse and the finest amenities.
  • The superior design and fine details of creations by DAMAC Properties are the result of strategic partnerships with world-class brands. The Trump Organization, Versace Home, Fendi Casa and Paramount Hotels & Resorts are just few of the world- renowned names who bring their globally coveted vision of a gold standard in luxury living. P A R T N E R I N G W I T H T H E B E S T
  • L I F E M E E T S S T Y L E A K O Y A D R I V E
  • ICE RINK CHILDRENS ENTERTAINMENT PUTTING GREENS OUTDOOR CINEMA AKOYA DRIVE As happening as Rodeo Drive. As exciting as Orchard Street. As big as the Jumeirah Beach Residence retail walk. As grand as Champs- Elysees. This is AKOYA Drive, the luxurious 1.3km retail walk at AKOYA by DAMAC. Featuring boutiques, restaurants and entertainment, all nestled around a cluster of premium hotels and hotel apartments.
  • AKOYA Drive will be home to NAIA Hotels & Hotel Apartments - the hospitality management experts. As an unconventional hospitality brand, NAIA reverses tradition through an alternate style of service. In more ways than one, NAIA is a starting point of discovery. It invites guests to experience service beyond their expectations and explore the best of the city. Check in at NAIA and check out into the city.
  • Roll up the blinds and be greeted by views of the Trump International Golf Club, every morning. The calmness in the air can only be matched by the stillness of the moment. Cast a glance around and everything is breathtaking. G O L F V I E W S A B O V E P A R Images are indicative only and do not reflect the final design of the golf course.
  • Just ask and you shall receive. It could be a personal shopper to help find you the best bargains in town. Spa treatments in your room, or perhaps, handy hints before you spring out exploring the city. Either way, the concierge at NAIA Hotel - AKOYA Drive is on hand to assist you. BE PAMPERED
  • STAY RELAXED The everlasting golf course views are complemented by the finest living spaces at NAIA Hotel - AKOYA Drive. The warmth of home graces each of the premium suites and rooms. Generous spaces and tasteful interiors are only the beginning.
  • TASTE THE WORLD A table of global delicacies will be set at NAIA Hotel - AKOYA Drive. Pick your indulgence from restaurants and cafes that will serve up an array of cuisines to suit every palate. When temptation comes calling, just take the elevator to sheer culinary indulgence.
  • MAKE A SOLID INVESTMENT NAIA Hotels & Hotel Apartments represents a unique opportunity to benefit from Dubais flourishing hospitality industry. But its not just about owning a prestigious property. Its your gateway to high annual returns through a 40% share in room revenue*. Be an owner of a hotel room or a luxury suite Shareholder in a profitable hotel business High annual yields Capital appreciation Lifestyle benefits *Terms and conditions apply.
  • YEAR 2018 2019 2020 2021 AED PER NIGHT 601 613 631 644 OCCUPANCY 70% 72% 80% 72% REVENUE PER ROOM 153,976 161,102 184,372 169,253 40% REVENUE SHARE 61,590 64,441 73,749 67,701 YIELD PERCENTAGE* 8.80% 9.21% 10.54% 9.67% LIFESTYLE BENEFITS** 8,414 8,582 8,840 9,017 RETURN ON INVESTMENT* 10% 10.43% 11.80% 10.96% 40% share of total revenue | Two weeks free stay per annum Zero service charges | Zero utility charges *Based on initial investment of AED 700,000 | **Comprising of 14 nights accommodation The returns are based on a full fiscal year starting 2018. If this is not the case then the returns will move out one year. NB: 2018 is a leap year. LUXURY THAT PAYS YOU BACK Forecasts are for illustrative purposes only. DAMAC Properties is not liable for market and economic fluctuations that may affect your investment.
  • *Unless stated above, all accessories and interior finishes like wallpaper, chandeliers, furniture, electronics, white goods, curtains, hard & soft landscaping, pavements, features, swimming pool(s) and other elements displayed in the brochure, or within the show apartment/villa or between the plot boundary and the unit, are not part of the standard unit and exhibited for illustration purposes only. *Unless stated above, all accessories and interior finishes like wallpaper, chandeliers, furniture, electronics, white goods, curtains, hard & soft landscaping, pavements, features, swimming pool(s) and other elements displayed in the brochure, or within the show apartment/villa or between the plot boundary and the unit, are not part of the standard unit and exhibited for illustration purposes only. FLOOR PLANS / HOTEL FLOOR PLANS / HOTEL
  • *Unless stated above, all accessories and interior finishes like wallpaper, chandeliers, furniture, electronics, white goods, curtains, hard & soft landscaping, pavements, features, swimming pool(s) and other elements displayed in the brochure, or within the show apartment/villa or between the plot boundary and the unit, are not part of the standard unit and exhibited for illustration purposes only. *Unless stated above, all accessories and interior finishes like wallpaper, chandeliers, furniture, electronics, white goods, curtains, hard & soft landscaping, pavements, features, swimming pool(s) and other elements displayed in the brochure, or within the show apartment/villa or between the plot boundary and the unit, are not part of the standard unit and exhibited for illustration purposes only. FLOOR PLANS / HOTEL FLOOR PLANS / HOTEL
  • *Unless stated above, all accessories and interior finishes like wallpaper, chandeliers, furniture, electronics, white goods, curtains, hard & soft landscaping, pavements, features, swimming pool(s) and other elements displayed in the brochure, or within the show apartment/villa or between the plot boundary and the unit, are not part of the standard unit and exhibited for illustration purposes only. FLOOR PLANS / HOTEL
  • Mornings will never be the same. Your apartment is a window to the most breathtaking views of the Trump International Golf Club. For those who prefer to view the game a little differently, this is a living experience perfect to the tee. V I E W T H E G A M E A T A N E W L E V E L Images are indicative only and do not reflect the final design of the golf course.
  • Come home to spacious apartments, tastefully appointed interiors, fully fitted kitchens and more. Its the best of all worlds within NAIA Hotel Apartments - AKOYA Drive. Every element is designed to make you feel at home and taken care of. EVERYTHING YOU NEED
  • From the moment you enter NAIA Hotel Apartments - AKOYA Drive, you can experience a generous measure of warmth. Exceptional service, elegantly styled lobby and refined ambience. Everything comes together in perfect accord. WARM WELCOME
  • Thoughtfully allocated spaces and tastefully designed interiors detail every square inch. At NAIA Hotel Apartments - AKOYA Drive, theres room for signature interiors, premium fittings and splendid furnishing inspired by some of the worlds leading brands. HOME SUITE HOME