Akoya Genus Villas
About the project
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Akoya Genus Villas is a modern residential complex located in DAMAC Hills 2 (Akoya Oxygen). The project was implemented by DAMAC Properties, a well-known Dubai-based developer, and construction was completed in December 2021.
Akoya Genus Villas has more than 60 villas with various configurations and layouts. The complex features three-storey residences that come with five bedrooms and spacious terraces. Residences are ideal for families with children.
The architecture of the properties features high-tech, eco-friendly materials. Interiors, designed by DAMAC Maison, were carefully thought-out with stylish furniture and decorative elements. Properties have landscaped gardens with seating and barbecue areas, and units come with at least two parking spaces. Panoramic windows offer views of the surrounding green parks and the Trump International Golf Club.
Akoya Genus Villas offers a variety of amenities, including:
- 24-hour security with video surveillance
- Maintenance services
- Spa, sauna, gym, and community swimming pool
- Children’s play areas
- Nearby grocery stores and supermarkets
Villas have a minimum size of 227.9 sq. m (2,453 sq. ft), and prices start at AED 1,450,000 (USD 394,767).
*The price is valid for 2021
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Location
DAMAC Hills 2 (Akoya Oxygen) is characterised by its many green spaces and landscaped parks. Its well-developed infrastructure offers convenient transportation. The area is safe and features a wide range of amenities to ensure a comfortable living environment.
The complex is situated near Al Qudra Road and Emirates Road, which provides residents with quick and easy access to other parts of the metropolis. Buses and taxis can be located within walking distance of the complex, and the Dubai International Airport can be reached within a 20-minute drive.
The community includes stores, supermarkets, markets, restaurants, cafés, ATMs, hotels. A police station and pharmacy can also be found near the villas. Residents can enjoy the Al Sahra Desert Resort, which is situated within a 10-minute drive.
One of the area’s most popular attractions is the Trump International Golf Club, which features an 18-hole golf course and academy. The Al Marmoom Heritage Village Museum is also located within a quick drive of the complex.
Residents can take advantage of local nurseries and schools, such as Step by Step Nursery, Jebel Ali School, and Wonder Years Nursery. For medical services, residents can go to Mediclinic Parkview Hospital and Aster Clinic.
Return on investment
Akoya Genus Residences offers properties with an annual return on investment rate of 4.2%.
The minimum rental rate for a five-bedroom villa is AED 110,000 (USD 29,948), per year. Property rent tax is 5%, or AED 5,500 (USD 1,497), and management fees start at AED 17,850 (USD 4,315). Therefore, the net income would be AED 86,650 (USD 23,591).
*The price is valid for 2021
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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