Dubai-based property developer Damac announced that it has launched a limited edition of new private luxury villas in its Akoya development.
Trump PRVT is a limited collection of villas set within Trump Estates, a private gated community facing the Trump International Golf Club. The units were launched following strong response from the investors after the launch of Trump mansions and villas, the developer said.
The price of the properties will start from Dhs6.5 million.
With six different designs, the Trump PRVT mansions will have a private pool and deck, balconies and private gardens.
Owners will also enjoy other privileges such as a personalised golf cart to travel around the estate and a Trump lifestyle card that will give them access to special offers across all the group’s luxury hotels.
“The top-end of the luxury real estate market in Dubai remains very strong, with end-users sourcing the most elite living experiences,” said Niall McLoughlin, senior vice president, Damac Properties.
“We are seeing overseas buyers become increasingly savvy in their demands and requirements for homes which provide escapism and privacy as a premium.”
Akoya by Damac is a 42 million square feet luxury lifestyle community off Umm Sequim Road in Dubailand, set around the first Trump-managed golf course in Asia – The Trump International Golf club, Dubai.
The project includes luxury villas and mansions as well as private apartments, hotels and branded serviced living experiences.
Akoya will also include a 2.5km outdoor retail strip, The Drive, with entertainment attractions, restaurants and cafes, international schools and medical facilities.
The mega project is scheduled for completion by 2018 with the first batch of residents expected to move in by next year.
Dubai’s property market has been maturing over the last year with developers launching carefully targeted properties, especially aimed at the luxury segment.
In 2014, UAE-based firm Sobha launched a $4 billion mixed use project that will offer mainly luxury homes within the Mohammed bin Rashid City development.
As part of its luxury portfolio, Emaar too launched Dubai Hills Estate in Mohammed bin Rashid City in 2013.