Damac Aykon City
Overview
Damac Aykon City
Damac Aykon City Tower is a luxurious master-planned complex with views of Dubai Canal and the city’s most prestigious neighborhood.
Dubai:
Why should you invest in Dubai real estate you ask? We summarized the 4 main reasons people invest in properties in Dubai.
In a nutshell, it’s a safe hub for foreign investors!
Facts about Dubai’s real estate market:
- It’s safe, Dubai is the 2nd safest country in the world and the 3rd most peaceful city in the region.
- The Al Ameen online service, which allows residents to anonymously report crimes,
- Smart police stations are examples of how the city protects residents.
- It’s profitable, Dubai ranks amongst the world’s highest yield rates with a more than 6% ROI on villas and average of 7.5% on apartments & exceeding 10% in certain regions
- It’s promising, IMF forecasts a 4.1% GDP growth by 2023, making it a perfect investment destination.
- Its secure, The UAE investors can have residency visas, starting at 3 years & up to 10 years.
- Investing in properties worth 2 Million Dirhams grants golden visa.
- RERA (Real Estate Regulatory Authority) and the Dubai Land Department, both regulate Real-estate in UAE.
- (DLD) have taken a number of measures to provide buyers with additional protection against delays, cancellations or fraud.
- Buyers pay for off plan real estate purchases at a DLD registered escrow account to insure their saftey
- Developers are granted access to funds only when the project reaches a certain stage of completion.
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- Developers are required to provide 20% of the construction funds as a bank guarantee and the contractor’s 10% performance his bond.
- Such measures increase buyer confidence in the unplanned real estate market and create a safe environment to invest with certainty.
- buying off plan properties in Dubai benefit from discounted prices as opposed to buying ready-made properties.
- During the installments period the market value of the off plan properties benefits from price appreciation increase, while the buyer still pays the original price, leading to a good return on investment incase of selling.
- According to the Knight Frank Wealth Report, luxury real estate in Dubai is significantly cheaper than other major cities around the world, including Hong Kong, London and New York.
- The availability of prime properties that meet and exceed the standards of these cities is enough to entice buyers to invest in luxury real estate in Dubai.
- From fully equipped apartments to luxury villas and exclusive penthouses, fulfilling all possible desires.
- Emirates luxury portfolio is second to none.
- Investor interested in vacation homes can consider upmarket areas such as Downtown Dubai, and Dubai Marina.
- Sheikh Zayed Rd, Dubai Marina, Palm Jumeirah, Business Bay, Jumirah Village Circle (JVC) and Emirates Hills, are some great locations with amazing ROI’s.
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Sheikh Zayed Road
Damac Aykon City location is one of its strongest points.
Sheikh Zayed the longest street in Dubai,The distance from Ras Al Khaimah to Abu Dhabi is 558.44 km
The arterial Sheikh Zayed Road (SZR), Dubai’s most well-known road, strategically connects the city unlike any other major road in the emirate and provides residents and visitors with simple access to the rest of the UAE.
In addition to acting as a crucial commuter route, SZR in Dubai is bordered by tall structures, business buildings, and housing developments.
Sheikh Zayed Road, an iconic motorway in the middle of a bustling city, represents the essence of United Arab Emirates.
SZR has major connectivity advantage as well with neighboring emirates.
Sheikh Zayed Road is one of the major highways in the United Arab Emirates, connecting residents with other emirates.
For a quick and convenient trip to Abu Dhabi, this road will take you to your destination in just over an hour’s drive.
More Details about Sheikh Zayed Road
Depending on traffic conditions, northern emirates such as Ras Al Khaimah can also be reached in 1.5 hours. For Ajman and Umm Qwain, it takes just under an hour.
Whether you’re traveling for work or need to see family, the journey is smooth and stress free.
The area surrounding SZR has world class infrastructure, facilities & attractions.
For single professionals and families looking for accommodation close to their places of employment, Sheikh Zayed Road is seen as one of the most viable residential locations.
Apartments on SZR put working people close to Dubai’s major commercial districts, like DIFC and Business Bay, which is advantageous for expats who prefer quick commutes to work
Easy access to public transport is one of the biggest perks of living on Sheikh Zayed Road such as Dubai Metro, there are several bus stops on and near. RTA Taxi, Uber and Careem services are available 24/7
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Sheikh Zayed Road
Another perk for foodies living in Sheikh Zayed Road is the abundance of casual and upscale restaurants. For example, DIFC is home to popular fine dining and is the premier destination for fine dining. In fact, DIFC has many restaurants that foodies should not miss.
Plus, with the availability of international restaurants serving cuisines from all over the world, SZR is an absolute dream for those of us who love dining out on a regular basis.
Needless to say, fast food outlets such as McDonald’s, KFC and Subway on this grand boulevard.
For meeting up with friends or family, or have a business dinner the options are endless!
The Emirate of Dubai is considered a major shopping center and he is one of the reasons why Sheikh Zayed Road certainly deserves this reputation. Especially popular with tourists are the famous Mall of the Emirates,
Oasis Mall, Ibn Battuta Mall and Marina Mall. These malls are home to popular retail brands selling everything from streetwear to high-end fashion, as well as numerous leisure and entertainment options.
The Dubai Mall is also located in the heart of the SZR in downtown Dubai.
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Grocery stores are plenty aswell. Examples include names like Carrefour Supermarket, Al Maya Supermarket, West Zone Fresh Supermarket, and Spinneys Supermarket.
Also the amazing leafy sanctuary that is Safa Park, an amazing destination in the heart of the city that fills you with peace and tranquility.
Also who wouldn’t want to live on the coast of Dubai?
Sheikh Zayed Road is parallel to the coast. In other words, those who buy an apartment here will find themselves just minutes away from Dubai’s best beaches.
Famous beaches nearby include Kite Beach, Jumeirah Beach and JBR Beach.
Kite Beach deserves special mention. It’s a popular spot for beach lovers, especially kayakers and kite surfers, due to its excellent facilities for water sports. The white sand beach has everything from boardwalks to children’s playgrounds.
With so much to offer SZR, naturally it has great hotels such as Crowne Plaza, Sheraton, Fairmont, Shangri-La and Dusit Thani. The tallest hotel in the world, Gevora, is also located on Sheikh Zayed Road. So when friends or relatives come to visit, you can always find a nearby hotel.
Iconic Dubai Fountain, the world’s largest choreographed fountain system. Living right near the Fountain would give you the chance to visit this incredible place regularly and enjoy its splendor.
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There are many excellent school opportunities within 10 min drive. This way it’s close by yet wouldn’t cause SZR itself to be jammed.
Some of the best include Safa Early Learning Centre, British Orchard Nursery Dubai, British Belize Nursery, GEMS Wellington Primary School and Jumeirah Baccalaureate School.
It’s not only about luxury and fun, necessities aren’t forgotten, and there are several clinics and hospitals on Sheikh Zayed Road.
Examples include Elite Style Policlinic, Padra Clinic Medcare Orthopedics & Spine Hospital, and Burjeel Hospital for Advanced Surgery Dubai, Medcare Women & Children Hospital.
The view!
For some buyers or renters this is a key factor. Some luxury apartments offer unparalleled views. Spectacular views of the Arabian Sea, or The Palm’s from upper-floor apartments.
For those who prefer striking views of the Burj Khalifa or city skyline, will have the best seats in the house.
Due to all that SZR is currently one of the most sought-after residential locations for both domestic and foreign investors. Some business owners even view it as a landmark that enhances the worth of their enterprises.
Property owners on Sheikh Zayed Road should anticipate hefty return on investment given the area’s prominence.
Damac Aycon City
Since 2002, DAMAC Properties has led the way in the Middle East’s luxury real estate sector. It has provided award-winning residential, commercial, and leisure properties throughout the region,
including the United Arab Emirates, Saudi Arabia, Qatar, Jordan, Lebanon, Canada, and the Maldives.
With a clear vision and significant momentum, DAMAC is creating the next wave of luxury living in the Middle East.
Corporate social responsibility and philanthropy are highly valued at DAMAC.
The favorable investment climate in Damac Aykon city, and the positive expected growth for the next five years.
The investment environment in Dubai is generally stable with high rental yields. Considering the growing popularity of the Dubailand region as a popular destination for real estate investment in Dubai, investing in DAMAC Projects offer several advantages to real estate investors.
According to Zoom Property Insights, Dubai’s real estate market is set to continue its upward trend in 2023 due to rising demand and interest from high-net-worth individuals (HNWI) and overseas investors, with property prices and annual rents expected to continue rising in 2023 .
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Expo 2020 also boosted the rental market. Demand for rental properties keeps growing since the event.
In addition, this mega-event preserved 80 percent of the Expo’s buildings and structures, leaving a meaningful and lasting legacy.
It’s also anticipated 13.5% increase in prices during year 2023
The reason to own a property in Damac Aykon city is its strong fundamentals.
This is the main reason people buy property in Dubai or anywhere else in the world. Buying a property in Dubai secures your future.
If you decide to rent out your property, this is the best way to park and increase your capital while enjoying annual rental income.
The confidence is backed by what is called “very strong” demand fundamentals, including rising inventories,growing population, rising tourist numbers, infrastructure spending and the government’s desire to attract more businesses to the UAE.
Damac Aykon City
Located on the famous Sheikh Zayed Road, AYKON City in Business Bay is the perfect place to enjoy and relax. Comprising serviced apartments and luxury residences, AYKON City Towers stands impressively in front of Dubai’s iconic skyline.
The complex embodies luxurious urban living, offering an elegant exterior, bold interiors and amazing amenities.
A complete city located within the magnificent metropolis of Dubai.
Damac Aykon City Tower is a luxurious master-planned complex with views of Dubai Canal and the city’s most prestigious neighborhood.
The towers, with their luxurious amenities and unheard-of lifestyles, push the limits of architecture and challenge the conventional.
The locals may easily access all the necessities, such as a variety of retail stores, shopping centers, restaurants and water side cafes, schools and nurseries, and healthcare facilities.
Damac AYKON City, which is in the city’s center, is surrounded by some of Dubai’s most energetic neighborhoods,
including the iconic Burj area with its internationally renowned landmarks, Business Bay,and the Dubai International Financial District.
Add to it all views of Sheikh Zayed Road and Safa Park.
Key elements:
-First class interior finishes overlooking sheikh zayed road
-Aykon Plaza, filled with unimaginable amenities, & entertainment.
-Spa & Sauna, Indoor & outdoor pools, Restaurants & Cafes
-BBQ Area, & Kids play area.
-Amazing view of Dubai Canal
-Quick and easy access to beaches and marinas
-Security system insuring your safety 24/7
Unit types:
- 1 Bedroom starting at 775 sq.ft.
- 2 Bedroom starting at 1,185 sq.ft.
- 3 Bedroom starting at 1,625 sq.ft.
For more details and inquiries, please contact us 01200027090 or whats up click here
Details
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Status:
Features
- Air Conditioning
- Barbeque
- Central Heating
- Cleaning Service
- Dining Room
- Dryer
- Gym
- Laundry
- Parking
- Sauna
- Swimming Pool
- TV Cable
- Wifi
