The first phase of Dubai’s Akoya Imagine villas is sold out, while a second phase will be launched at the end of this month, Emirati Damac Properties announced, according to Trade Arabia.
The villas target young professionals searching for a home or a vacation destination, according to Damac. A ceremony will be held to launch the second phase at Jumeirah Emirates Towers to offer units for sale, based on a first-come first-serve policy.
“With the number of mega projects under way in Dubai, such as Expo 2020 as well as tourist and leisure attractions, we are witnessing an influx of young professionals in a number of industries who are involved in providing services to support them,” Managing Director of Damac Properties Ziad El Chaar said, according to Khaleej Times.
The first phase, which was launched before mid-July saw a demand from over 26 nationalities of investors across the Middle East, Europe, Asia, Africa and the Americas.