Akoya Oxygen

About Akoya Oxygen

Akoya Oxygen is a new modern residential community in Dubai by leading developer Damac Properties. A green paradise amid an arid desert is the way to describe the Akoya Oxygen district. Ecology is the main purpose of the community. The developer sought to create a system that would not harm nature and the environment. For example, electricity is generated by solar panels that are installed on the roofs of buildings. The pools are also equipped with solar water heating systems. Eco-friendly and energy-efficient materials were used for the construction of houses, and the waste generated in the houses is recycled.

Properties in Akoya Oxygen

The community has fully equipped pedestrian and cycling paths. There are numerous parking bays for both bicycles and hybrid or electric cars. Charging stations are also planned to be installed for the latter.

When was Akoya Oxygen built? This district, or as it is also called Akoya O₂, is still under construction, but many of its properties have been completed and are in operation, including several top hotels in Akoya Oxygen. A "living rainforest" with exotic plants will be the most anticipated and unusual project in the district. It will be home to rare species of birds and insects. According to the project, the forest will be in an air-conditioned room under a glass dome with plenty of sunlight to create comfortable conditions for plants.

The Akoya O₂ community will encircle an 18-hole golf course owned by the Trump World Golf Club Dubai, designed by the famous American Golfer Tiger Woods. In addition to this, residents of Akoya Oxygen can enjoy nature, landscaped gardens, fountains, parks, various ponds, and rivers, as well as places to relax with the whole family. You can walk along the landscaped boulevard, breathing in the fresh air: the area is away from the hustle and bustle of the city.

As for properties in Akoya Oxygen, up-to-date residential buildings of different layouts are on the territory of the community. The area is divided into several communities and residential complexes, which include more than 10,000 detached villas and townhouses, about 1,250 different apartments, over 2,000 hotel rooms, as well as over 650 serviced villas. Luxury real estate in Akoya O₂ is in great demand among investors.

Sales trends in Akoya Oxygen

Where to live in Akoya Oxygen? Apartments of various layouts are on sale in the community. For example, a studio apartment with an area of 37 m² costs AED 235,000. The cost of a 1-bedroom apartment ranges from AED 500,000 to 580,000. Luxury apartments in Akoya Oxygen with 3 bedrooms will cost an average of AED 1.05 million.

The exclusive real estate market in Oxygen by Akoya offers a wide range of villas with 2-6 bedrooms. You can buy luxury real estate in Akoya O₂, namely a 3-bedroom villa with a total area of 176 m², with a private pool and several parking areas for AED 1.6 million. The price of a villa with 4 or 5 bedrooms is AED 1.4‒1.8 million. If you prefer a spacious house or have a large family, and you need a lot of space, a villa with 6 bedrooms is what you need. Such luxury housing in Akoya Oxygen is available for purchase for AED 2.5 million.

As for townhouses, the price of this type of 3-bedroom housing varies from AED 700,000 to 1.5 million. Investors interested in rental income can purchase expensive real estate in Akoya O₂, such as a townhouse with 5 fully furnished bedrooms. The purchase of such housing will cost an average of AED 2 million.

Rental trends in Akoya Oxygen

3-bedroom apartments for long-term rentals are the most sought-after real estate in the community. The annual rent of such housing costs about AED 60,000. Villas with 2 or 3 bedrooms are in great demand for rent. Their cost per year is AED 38,000. To rent a villa with 4 bedrooms, and an area of160-200 m² will cost about AED 75,000. In Akoya Oxygen this luxury property or a 6-bedroom villa with an area of about 300 m² will cost between AED 120,000 to 130,000 per year.

ROI in Akoya Oxygen

A profitability of 5.7% is expected when investing in 3-bedroom apartments. 2- or 3- bedrooms villas will yield an income of 5.4% per year. 4-bedroom villas with an approximate area of 220 m²can have a lower yield of 5.1%. The return on investment in a 5-bedroom house will be 4.3%. Luxury houses in Akoya O₂ with 6 bedrooms will bring their owner 4.2% income per year.

Amenities in Akoya Oxygen

Transportation and parking spaces

Akoya Oxygen has a separate parking lot for residents as well as parking spaces for bicycles and electric vehicles. There are 2 parking bays near the villas for the owners.

Public transport in the area is not yet developed. However, this infrastructure will be available by the time the community construction is completed. At present, the nearest bus stops are in the neighboring Mira district.

Many residents have cars or use a car rental in Akoya Oxygen. Taxi services are also extremely popular among the residents. Akoya O₂ is connected to 4 main highways with access to the central areas of Dubai. Sheikh Zayed Road is to the northwest, and Al Ain Road is to the northeast. Al Qudra Road borders the community from the west, and a bypass road from the southwest provides easy access to the Al Maktoum International Airport.

Supermarkets

There are several supermarkets in Akoya Oxygen, an example being The Carrefour Supermarket. This is one of the most popular supermarket chains in the United Arab Emirates, offering a rich choice of high-quality food products at low prices.

Spinneys, another store of the popular supermarket chain in Dubai, is a 14-minute drive down Al Qudra Road. Fresh vegetables and fruits, meat, and fish, as well as other food and everyday goods, are available.

Hospitals and clinics

The nearest hospital is on Umm Suqeim Street, a 22-minute drive away. Mediclinic Parkview Hospital is a new hospital providing treatment for any complexity and all types of medical services. It has various specialists such as surgeons, urologists, obstetricians and gynecologists, cardiologists, plastic surgeons, orthopedists, dentists, and many others. The Aster Clinic is in the neighboring area of Arabian Ranches. It is a branch of the largest network of multidisciplinary medical centers in Dubai. The clinic specializes in cardiology, general surgery, orthopedics, neurosurgery, and neurology.

Schools

The community is under construction in the development of new buildings, including schools in Akoya Oxygen and kindergartens. There are, however, many educational institutions and other popular buildings in Akoya Oxygen in the neighboring areas of Arabian Ranches 2, Mudon, and Uptown Motor City.

Step By Step Nursery is 17 km from Akoya Oxygen. Parents are satisfied with the comfortable conditions created here for their children attending this institution, as well as the work of the kindergarten staff.

Gems Metropole School is a 20-minute drive from Akoya O₂. This private school, following the UK national curriculum from primary school to the 13th grade, provides high-quality international education to students from all over the world. Jabal Ali School in Mudon also follows the British system of education. This institution is recognized as one of the best in Dubai.

Malls

Dubai Outlet, located 20 minutes away on Al Ain Road, is the first conceptual shopping mall in the UAE. It has about 240 shops with clothes and shoes at reasonable prices. Discounts can sometimes reach 70-90% for previous collections. The mall also has an ice rink and a bowling alley.

Cityland Mall is a shopping mall in Wadi al Safa. This is one of the best malls in Akoya Oxygen and Dubai with a central park and an amphitheater. The area of the park is 18,580 m², has 22 restaurants in Akoya Oxygen with outdoor terraces, more than 350 shops, 2 entertainment centers, and a cinema with 10 halls.

Beaches near Akoya Oxygen

There are no beaches and yacht charters in Akoya Oxygen, however, residents can enjoy the fresh air amongst the trees and fountains. If you want to soak up the sun and swim in the warm sea, you can visit the Jumeirah Public Beach, which is about a 35-minute drive from Akoya O₂. Jumeirah Beach is a white sandy beach named after the Jumeirah area in Dubai. It is located along the coast, close to the historic city center, next to the Dubai Marina and port buildings in Jabal Ali. You can also visit Sunset Beach and Suhuf Beaches, as well as Jumeirah Beach Park.

Location of Akoya Oxygen

Akoya Oxygen is in Dubai. Al Qudra Road connects it to the commercial centers of Dubai Media City, Dubai Internet City, and Dubai Studio City. How to get to Akoya Oxygen? The district is a half-hour drive from the Dubai International Airport and the Al Maktoum International Airport.

We will select a profitable property for investment

Luxury real estate in Dubai is in great demand among investors. You can be one step closer to a luxurious life by contacting our agency to purchase an apartment or villa in Akoya Oxygen. The company's specialists will tell you more about the real estate from the developer and property investment in Akoya Oxygen, as well as help you make a deal and do the paperwork.