Damac to release hotel apartments in JVC, land plots in Akoya at Damac
Damac Properties (Damac) is set to launch a 33-storey, serviced hotel apartments tower, located in Jumeirah Village Circle (JVC), which will be operated by Damac Maison de Ville. In addition, Damac is also set to release Akoya Imagine plots within Akoya by Damac, with an extended time to build for up to 10 years. The plots will be released with a starting price of USD163,365 (AED600,000) and will go on sale on 20 August in Dubai. (Construction Week Online). Damac Properties (DU): AED2.40 as of 9 August, Rating: Neutral, FV: AED2.35/share, MCap: USD3,956mn, DAMAC UH / DAMAC.DU
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