Damac Properties announces Akoya Drive retail project in Dubai

Damac Properties announces Akoya Drive retail project in Dubai.

This world class shopping strip set to be completed by the year 2018.

Yes, finally a new world class shopping strip in the heart of Akoya in Dubai - called Akoya Drive has been launched by Damac Properties . The Akoya drive is a smart shopping strip which is located off the Umm Suqeim Expressway in Dubai. The work on Akoya Drive is set to commence in the next couple of months and its completion is targeted somewhere in the year 2018.

The officials at Damac Prperties have confirmed that this beautiful retail strip will be a part of the Akoya by Damac and will be near the Dubai Motor City.

Almost more than a kilometer in length the Akoya Drive will have all kinds of world class retail outlets including fashion, food, medicines, lifestyle, etc. It will also boast of an outdoor ice-skating rink, an outdoor cinema, a children’s play area and a golf putting green.

There are a lot of world class retail players that have shown interest in Akoya Drive since the project is seen to be an outright winner in all ways. The Damac Group will start signing actual retailers only after a major portion of this strip is ready.

The major advantage that the retail outlets will have in the Akoya Drive region is that the catchment area would be very strong and predefined since the AKOYA by DAMAC covers a whopping 40 plus million square feet. Moreover this includes mansions, villas, luxury apartments, etc. The owners of these properties are definitely ready made customers for the retail outlets in Akoya Drive and they are all high net worth individuals having good spending capacity so the retail owners definitely have business on hand 24x7.

The success of AKOYA has helped Damac Properties gain confidence to launch this magnificent shopping paradise call Akoya Drive. This shopping road has already gathered a lot of interest and is expected to bring in a lot of revenue to the developers in the times to come.