Dubai-Mubasher: Dubai-listed Damac Properties introduced Navitas Hotel and Residences project with a total value of AED 850 million in AKOYA Oxygen.
The project has a 4-year payment plan with prices starting from AED 440,000, according to the real estate developer.
One of the towers is comprised 312 hotel rooms to be managed by DAMAC Hotels & Resorts, while the other four towers will include private residential units.
Damac delivered 14,375 homes and has a development portfolio of over 37,000 units at various stages of progress and planning as at 30 September 2015.
