Dubai luxury developer Damac Properties has launched The Residences, and Aykon Hotel and Hotel Apartments - both within Aykon City, located on Sheikh Zayed Road, overlooking the Dubai Canal.
Aykon City comprises Dubai’s first all-suites, 80-storey Aykon Hotel and Residences, a 63-storey serviced hotel residences, a 60-storey apartment tower, and a 65-storey office tower.
Ziad El Chaar, managing director, Damac Properties, said: “Freehold property in Dubai is one of the most sought-after by property investors from all over the world as government legislation makes it easy and secure for foreign owners.
"The location of Aykon City - in the heart of the Golden Quadrant of Dubai - makes it one of the most desirable locations in the emirate in this first-of-its-kind development.”
The Residences, part of Tower C, is an exclusive collection of private residences, from studio apartments to one-, two-, and three-bedroom units.
The Residences offers fine dining, retail, and coffee shops - set within the Aykon Plaza - children’s play areas, a pool, and wellness and gymnasium facilities.
The Aykon Hotel and Hotel Apartments represent the first project from the Aykon hospitality brand, with hotel suites varying in size from 60m2to 400m2. The hotel apartments are available in a variety of arrangements and residents can opt to benefit from a menu of hotel services.
During Cityscape Global 2016, Damac Properties also announced three new project launches, including the new phase of Akoya Imagine's three-bedroom villas targeting millennials, the new four-bedroom Akoya Cuatro Villas, as well as the XV Villas at Akoya by Damac.
El Chaar added: “We are pleased to bring to market a further range of projects for customers and investors looking for a choice of attractive and lucrative investment opportunities. With exclusive, luxury residential apartments in the most convenient and easily accessible locations, we offer premium quality combined with the assurance of strong financial returns.”