New townhouses offer a slice of golf's high life

DAMAC Properties recently launched a collection of townhouses in Dubai's AKOYA Oxygen master development.

MOD townhouses offer one bedroom, living room, study and the choice of a private garden or an open terrace.

The townhouse units are available for just AED 595,000 and can be paid over three years.

"MOD townhouses uniquely provide first-time home buyers and investors alike with the opportunity to climb onto Dubai’s lucrative property ladder and enjoy the benefits," DAMAC Properties Senior VP Niall McLoughlin said. "At this price point, MOD townhouses are accessible to all customer segments, who can fulfil their dream of owning a home and enjoying the luxury and lifestyle of living in an international golf community, rather than buying an apartment."

McLoughlin said the townhouses would enhance and diversify the portfolio of an investor.

"With the scenario of an ever-growing population in Dubai that require quality homes in greener spaces, capital appreciation and preservation are practically assured," McLoughlin said. "Another compelling reason to make this type of investment is the steady and high-yielding income."