Al Khaleej stuns Al Hilal with 3-2 victory, ending 57-match unbeaten run    Turki Al-Sheikh crowned "Most Influential Personality in the Last Decade" at MENA Effie Awards 2024    Saudi Arabia arrests 19,696 illegals in a week    SFDA move to impose travel ban on workers of food outlets in the event of food poisoning    GACA: 1029 complaints recorded against airlines, with least complaints in Riyadh and Buraidah airports during October    CMA plans to allow former expatriates in Saudi and other Gulf states to invest in TASI    11 killed, 23 injured in Israeli airstrike on Beirut    Trump picks billionaire Scott Bessent for Treasury Secretary    WHO: Mpox remains an international public health emergency    2 Pakistanis arrested for promoting methamphetamine    Move to ban on establishing zoos in residential neighborhoods    Moody's upgrades Saudi Arabia's credit rating to Aa3 with stable outlook    Al Okhdood halts Al Shabab's winning streak with a 1-1 draw in Saudi Pro League    Mahrez leads Al Ahli to victory over Al Fayha in Saudi Pro League    Saudi musical marvels takes center stage in Tokyo's iconic opera hall    Saudi Arabia and Japan to collaborate on training Saudi students in Manga comics Saudi Minister of Culture discusses cultural collaboration during Tokyo visit    Al Khaleej qualifies for Asian Men's Club League Handball Championship final    Katy Perry v Katie Perry: Singer wins right to use name in Australia    Sitting too much linked to heart disease –– even if you work out    Denmark's Victoria Kjær Theilvig wins Miss Universe 2024    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



DAMAC launches MOD townhouses
Published in The Saudi Gazette on 20 - 12 - 2016

DAMAC Properties, one of the leading luxury real estate developers in the region, has announced the launch of MOD, a collection of townhouses in the heart of international golf community Akoya Oxygen. The homes in this community, with a contemporary expression of luxury, are priced to be accessible to a diverse mix of buyers of all nationalities.
MOD townhouses at Akoya Oxygen will go on sale in Dubai tomorrow (Dec. 21) at DAMAC Maison Cour Jardin (1st floor) in Business Bay – Al Abraj Street from 4 p.m. to 10 p.m. Priced at only AED595,000 with payment over three years, the units present a rare opportunity to own a home in an international golf community, at prices that are less than an apartment elsewhere. Each MOD townhouse features one bedroom, a living room and study, with the added-value feature of a private garden space that buyers will enjoy with these properties.
Niall McLoughlin, Senior Vice President, DAMAC Properties, said: "We are excited to bring to market yet another innovative residential offering within a green community. MOD townhouses uniquely provide first-time homebuyers and investors alike with the opportunity to climb onto Dubai's lucrative property ladder and enjoy the benefits. At this price point, MOD townhouses are accessible to all customer segments, who can fulfill their dream of owning a home and enjoying the luxury and lifestyle of living in an international golf community, rather than buying an apartment."
"To investors, these properties present a stable real estate asset that can boost and diversify one's investment portfolio. With the scenario of an ever-growing population in Dubai that requires quality homes in greener spaces, capital appreciation and preservation are practically assured. Another compelling reason to make this type of investment is the steady and high-yielding income. Dubai's typical annual rental yields are currently anywhere from 6 to 10%, outperforming other popular investment cities, and due to its lower price in comparison to the anticipated annual rent, we expect MOD to reap returns at the highest end of this scale," McLoughlin added.
Akoya Oxygen is a 55-million-square-foot master development that will showcase one of the greenest living spaces in Dubai. Home to the 18-hole championship golf course by Tiger Woods Design, the eagerly anticipated development boasts easy access to Dubai's major highways; yet is far enough away from the bustle of the city to offer a tranquil pace of life in a beautiful green setting.


Clic here to read the story from its source.