Amargo is part of the Akoya Oxygen residential community and is located in the picturesque area of DAMAC Hills 2
The project was developed by DAMAC Properties, a leading development company in the UAE. Amargo was developed in 2016 and is scheduled for completion in the second quarter of 2022.
Amargo consists of villas with several bedrooms. Units offer comfortable layouts, spacious rooms, and quality finishes, as well as a large backyard and two covered parking spaces.
The price for a three-bedroom villa, with an area of 155 sq. m (1,669 sq. ft), starts at AED 750,000 (USD 204,000). The price for a five-bedroom villa, with an area of 228 sq. m (2,454 sq. ft), starts at AED 1,271,000 (USD 346,000).
Location
Residents have easy access to other parts of the city via two nearby highways: Jebel Ali – Lehbab Road and Dubai Al Ain Road.
The community offers walking and cycling paths, and there are plenty of parking spaces for bicycles and cars.
Amargo, Damac Hills 2
Residents with children can take advantage of several schools situated within a 40-minute drive of Amargo. A heliport, Dubai International Airport, Anaya Clinic, and Al Lussily Wellness Center can be reached within a 30-minute drive, and Rukn Al Sahra Supermarket and Smhan Supermarket are located within a 25-minute drive.
Amargo is near the Trump International Golf Club, which features an 18-hole golf course that had design input from professional golfer Tiger Woods. The club also offers gardens, parks, fountains, lakes, and various family-friendly spaces.
The neighbourhood has plans for a “living” tropical forest featuring exotic plants and rare animal species. The forest will be situated under a glass dome designed to maximise natural light to create favourable conditions for plants and animals.
The Akoya Oxygen residential community also has plans for several new restaurants and cafés.
Why choose Amargo?
Properties located in the Akoya Oxygen area are quite popular among investors.
The return on investment rate for two and three-bedroom villas at Amargo is approximately 5.4%, and the return rate for a five-bedroom residence is approximately 5.1%.