Press Release
World’s First FENDI Villas go on Sale at AKOYA by DAMAC
Eagerly Anticipated Launch of 34 Exclusive Villas with Interiors by
Luxury Italian Fashion House Made Available
New Delhi : 25th June 2014: DAMAC Properties has launched sales of the
world's first FENDI-styled villas. The 34 properties are located in a private-gated
community in the 42 million sq ft AKOYA by DAMAC master development off
Umm Suqeim Road in Dubai.
Each unit comes with interior designs and decor from the FENDI Casa range and
offers a unique and stylish interpretation of the iconic Italian fashion brand, all of
which is uniquely designed by FENDI’s specialist interior designers, to offer a
contemporary home for the most prestigious living experience.
The villas, which come with a starting price of AED 36,000,000 and will be ready
in Q1 2017, have a prime location overlooking the Trump International Golf Club,
Dubai. The villas vary in size from 7,900 sq ft to 16,767 sq ft.
“These exclusive, limited edition, FENDI villas are being designed with only the
most stylish and demanding clientele in mind,” said Ziad El Chaar, Managing
Director, DAMAC Properties. “The creativity and elegance brought to life in the
world’s first FENDI villas take pride of place in one of the most desirable
locations in AKOYA by DAMAC.
Given the limited number of villas available, combined with the response we have
already seen since announcing this project, we expect these one-off, select
designs to be very well received.”
FENDI Casa translates the FENDI savoir faire and creativity, as well as its
distinctive materials, into elegant objects and cinematic ambiances that are
timeless and exceptionally made. Fur is used for the sofas, cushions, carpets;
leather on a couch is treated with the same flair as Selleria handmade and
numbered bag; marbles, stones, woods are mixed in inventively precious ways.
In pure FENDI style, pieces and details are so carefully streamlined. They
become instantly iconic, from the Crystal chair to the spectacular Urano bed.
DAMAC Properties has a long-established collaboration with FENDI. The two
companies are also collaborating on projects in the Kingdom of Saudi Arabia and
Dubai Marina in the UAE.
DAMAC Esclusiva Luxury Serviced Apartments, housed within a 150 metre high
tower overlooking the Kingdom Tower in Riyadh, will provide refined luxurious
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interiors by the Italian fashion house for more than 100 luxury serviced hotel
apartments.
The two companies are also partnering on the interiors for private apartments, on
the top 40-storeys of DAMAC Heights, which looks out over the Palm Jumeirah.
Established in 2002, DAMAC has delivered almost 10,000 units to date and
currently has a development portfolio of over 25,000 units at various stages of
progress and planning as of March 31st 2014.
Further information is available at www.damacproperties.com
About DAMAC Properties:
For over a decade, the real estate portfolio of DAMAC Properties has been at the
forefront of the Middle East’s luxury real estate market. With an enduring passion
for design and quality, the company has built a reputation for creating some of
the most iconic and desirable properties in the UAE, Qatar, Saudi Arabia, Iraq,
Jordan and Lebanon.
Established in 2002, DAMAC has delivered almost 10,000 units to date and
currently has a development portfolio of over 25,000 units at various stages of
progress and planning as of March 31st 2014.
Always at the forefront of visionary concepts, DAMAC has relationships with
Paramount Hotels & Resorts, (the official licensee of Paramount Pictures), Italian
fashion houses Versace Home and FENDI Casa for branded residential
apartments and villas and The Trump Organisation for the development and
operations of the Trump International Golf Course, Dubai and The Trump Estates
within the AKOYA by DAMAC development.
Mid 2013, DAMAC Properties introduced the ‘AKOYA by DAMAC’ master plan
development in Dubai. This includes mansions, villas, luxurious apartments and
a retail centre all surrounding ‘The Trump International Golf Club. Within the
AKOYA by DAMAC, products include ‘The Trump Estates’, a limited collection of
100 luxurious mansions. Also set within the heart of the community is a global
first, with the launch of FENDI fashion-styled villas. AKOYA by DAMAC is also
the home of Golf Veduta – serviced hotel apartments and DAMAC serviced Villas
by Paramount Hotels and Resorts.
As a global leader in branded real estate, the company is also developing a
US$1 billion hotel and luxury serviced residences in the Burj area of Dubai,
called ‘DAMAC Towers by Paramount’, which will comprise the first Paramount
Hotel & serviced Residences in the region.
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Within the hospitality sector, DAMAC’s in-house hospitality team is responsible
for managing the Company’s growing portfolio of over 10,000 units of leisure
assets in its serviced hotel apartment developments. The division provides
complete hospitality management through its own hospitality operating brands
‘DAMAC Maison Hotels and Hotel Apartments and NAIA by DAMAC.
As DAMAC continues to innovate and bring new concepts to the market, the
Company is determined to build on its powerful performance to date. With vision
and momentum, DAMAC is building the next generation of Middle East luxury
living.
In addition to support services provided by the Dubai headquarters, the
company’s comprehensive Customer Care Program provides solutions through
its network with offices in the UAE, Jordan, Iraq, Lebanon, KSA and Qatar.
Further information is available at www.damacproperties.com or join
DAMAC Properties on Facebook, Twitter (@DAMACOfficial) and YouTube.
For more information please contact: Niall McLoughlin, Senior Vice President Corporate Communications, DAMAC. Tel: +971 4 3732190 │ Fax: 00 9714
3732335 │Email: [email protected]
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