Amargo

Amargo is part of the Akoya Oxygen residential community and is located in the picturesque area of DAMAC Hills 2. The project was developed by DAMAC Properties, a leading development company in the UAE. Amargo was developed in 2016 and is scheduled for completion in the second quarter of 2022.

Amargo consists of villas with several bedrooms. Units offer comfortable layouts, spacious rooms, and quality finishes, as well as a large backyard and two covered parking spaces.

The price for a three-bedroom villa, with an area of 155 sq. m (1,669 sq. ft), starts at AED 750,000 (USD 204,000). The price for a five-bedroom villa, with an area of 228 sq. m (2,454 sq. ft), starts at AED 1,271,000 (USD 346,000).

At the moment, the DAMAC Hills 2 (Akoya Oxygen) does not offer public transportation. However, there are plans for it once the community is completed. The closest bus stops are in the neighbouring community of Mira.

Residents have easy access to other parts of the city via two nearby highways: Jebel Ali – Lehbab Road and Dubai Al Ain Road.

The community offers walking and cycling paths, and there are plenty of parking spaces for bicycles and cars

Properties located in the DAMAC Hills 2 (Akoya Oxygen) area are quite popular among investors. The return on investment rate for two and three-bedroom villas at Amargo is approximately 5.4%, and the return rate for a five-bedroom residence is approximately 5.1%.