• Magazine Archive
  • Advertise With Us
  • Subscribe
  • Contact Us
Monday, April 12, 2021
  • Login
Hotel News ME
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2019
    • The Big F&B Forum
      • Forum 2019
    • Executive Housekeepers Conference
  • Business Connect
No Result
View All Result
Hotel News ME
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2019
    • The Big F&B Forum
      • Forum 2019
    • Executive Housekeepers Conference
  • Business Connect
No Result
View All Result
Hotel News ME
No Result
View All Result
Home News

DAMAC launches hotel rooms for sale at AYKON City

Sophia Soltani by Sophia Soltani
March 13, 2016
in News
A A

DAMAC Properties has launched a limited release of hotel rooms within AYKON City project to be  located on Sheikh Zayed Road in Dubai’s Golden Quadrant, overlooking the Dubai Canal. The new incentive allows investors to own a hotel room in Tower B, a 63-storey serviced hotel residences property to be operated by DAMAC Maison. AYKON City Unique Investment Opportunity(1)

The top 10 floors of the tower are set to house the 280 hotel rooms, while the remaining floors will comprise hotel apartments and serviced units. The rooms, which will be available for investors to purchase on March 12 at the Westin Hotel in Dubai.

Niall McLoughlin, senior vice president, DAMAC Properties, said: “With the upcoming Expo 2020 and other developments further reinforcing Dubai’s position on the world stage, we at DAMAC Properties understand how to appeal to investors with lucrative opportunities that are extremely relevant and one step ahead of the rest. With the number of visitors to the emirate expected to reach 20 million by the year 2020, hotel rooms will increasingly be in high demand, then and beyond, and this unique product allows investors to tap into and be part of the booming hospitality market.”

 He added: “Owning a luxury freehold hotel room in a central location that benefits from the vast infrastructure that surrounds it, including accessibility by car, metro or water taxi, is undoubtedly a lucrative and prudent investment decision. The hotel rooms will be managed by DAMAC Maison, which is known to offer the service standards of the finest hotels, and boast elegant facilities with well-appointed rooms offering the comfort of home.”

The four-million sqft development is located on the eastern and western sides of Sheikh Zayed road at the Safa Park intersection. It will join other developments in the golden quadrant of the business district of the city such as City Walk, the Burj Khalifa, Emirates Towers and the Dubai International Financial Centre (DIFC) district.

Tags: AYKONAYKON CityAYKON City DamacDAMACDAMAC hotel roomsDAMAC investorsDAMAC launches hotel rooms for sale at AYKON CityDAMAC MaisonDAMAC PropertiesDubai CanalHotel News MEhotel rooms for salehotels dubaiinvestor in dubai hotelsNiall McLoughlinSafa Park intersectionserviced apartments dubai

Related Posts

Times Square Center announces space availability in refurbished food court
Catering

Times Square Center announces space availability in refurbished food court

April 12, 2021
Chef Izu Ani receives UAE Gold Card visa for his dedication to Dubai’s culinary landscape
Catering

Chef Izu Ani receives UAE Gold Card visa for his dedication to Dubai’s culinary landscape

April 12, 2021
Dubai restaurants not required to screen off dining areas during Ramadan fasting hours
Catering

Dubai restaurants not required to screen off dining areas during Ramadan fasting hours

April 12, 2021
Please login to join discussion

Trending

Opinion: Reopening a hotel after lockdown
Hotels

Opinion: Reopening a hotel after lockdown

by Section Editor
April 4, 2021

Read more
Bab Al Qasr Hotel & Residences appoints food and beverage director
Appointments

Bab Al Qasr Hotel & Residences appoints food and beverage director

by Section Editor
April 8, 2021

Read more
Judges Revealed: The Leaders in Hospitality Awards 2021
Events

Shortlist Announced: Leaders in Hospitality Awards 2021

by Dina Maaty
March 29, 2021

Read more

Digital Magazine

Hotel News ME

Copyright © 2021
BNC Publishing. All Rights Reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

No Result
View All Result
  • Hotels
  • Catering
  • Reviews
  • Suppliers
  • People
  • Videos
  • Events
    • GM Leaders Conference
      • Conference 2020
    • Leaders in Hospitality Awards
      • Awards 2021
    • Leaders in F&B Awards
      • Awards 2019
    • The Big F&B Forum
      • Forum 2019
    • Executive Housekeepers Conference
  • Business Connect

Copyright © 2021
BNC Publishing. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In