Dubai remains the most multicultural and beautiful city with a perfect blend of cultural heritage, futuristic architecture, and incomparable vision. These wondrous aspects have been able to make it an attractive business and vacation spot. No wonder, investors of the world today are choosing Dubai to make sound investments in the real estate market.
Being a cosmopolitan city that houses 83% foreign residents, one can choose to invest in Dubai real estate and maximize from low-rate investments.
Akoya Oxygen is one such investment opportunity in Dubailand. It promises green living and a tranquil environment. Launched in 2014, by DAMAC Properties, it remains one of the best off-plan properties in Dubai.
Moving on, here are some of the pros and cons of investing in Akoya Oxygen to help you make a sound investment decision.
Pros of Investing in Akoya Oxygen
Some of the major factors that will help you choose Akoya Oxygen over any other housing society are as follow:
Akoya Oxygen is known for its close-to-nature feature. It is specifically developed by the experts to bring nature close to your home. In doing so, the residents of Akoya Oxygen will have the privilege to be surrounded by trees and green spaces.
Moreover, the residential units are made out of material that is energy efficient, sustainable, and emits fewer carbon footprints.
In Akoya Oxygen, it is made certain that all household waste is properly treated and recycled before disposal. This helps in reducing the possible amount of pollution to be reduced.
Variety of Property Options
Akoya Oxygen offers a number of property options for you to choose from. These range from luxurious residential villas, to apartments and townhouses. They come in a range of bedroom sizes. Apartments range from studios to 3-bedrooms, townhouses range from 3 to 5 bedrooms and villas come with 5 bedrooms. Nonetheless, these villas are centrally located with green space to help you feel connected with nature.
In addition to these, there are flat plots available too. They come in various dimensions and sizes. Depending upon your need and preference, you can choose them accordingly. Investing in a plot allows you to construct your dream house in your favorite locality and suit your needs.
Akoya Oxygen remains a sound investment opportunity. It has also been trending since last year and has attracted a lot of investors. Moreover, the influx of people entering Dubai is still increasing and the job market is still booming. However, make sure to conduct a thorough research before buying a property here.
Cons of Investing in Akoya Oxygen
You might have already started to consider investing in your desired option in Akoya Oxygen. However, there are some cons to investing here. Let’s take a look at them.
Fewer public transports
At present, there are fewer routes for public transport. However, the public route is fully developed and Akoya Oxygen is connected to 4 main highways. Until a metro or bus service is fully operational, the commute system can get a little tough. One can choose to walk to the nearest bus stop for commute purposes.
Akoya Oxygen is located away from the bustling city to provide residents with tranquility and peace of mind. This lengthens the distance and travel time.
Moreover, in order to access good hospitals, schools, and departmental stores, you will have to cover some distance to reach one. This can add more to your travel time.
Akoya Oxygen is under development. Some of the promised facilities and amenities are not fully operational as of now. These include hotels, suits, café, dining, schools, nurseries, spa, entertainment, and much more. It will take some time to get it fully operational.
Frequently Asked Questions (FAQs)
When investing in luxury properties, one comes across a series of questions. Some of the most common ones are answered below.
What sort of facilities can I find in Akoya Oxygen?
Akoya Oxygen has tropical rainforests, SkyDome, clubhouses, green areas, schools, and many other equally important facilities.
Which metro station is closest to Akoya Oxygen?
Danube Metro Station is the closest to Akoya Oxygen and can be reached by car in about 25 to 30 minutes.
What are the popular communities near Akoya Oxygen?
Akoya Oxygen is surrounded by many other communities. The most popular ones are Palmera 3, Arabian Ranches 3, and Spring Arabian Ranches and are located in close vicinity.
In all, Akoya Oxygen remains a promising investment opportunity. Location, accessibility, and property options are diverse. As stated above, make sure to conduct thorough research before investing, and reduce troublesome factors beforehand.