Damac Properties has announced the latest launch at its Akoya developments, with a series of three-bedroom villas priced at AED 1.2 million ($326,000).

The villas, dubbed, Akoya Fresh, will be built at the Akoya Oxygen golf community, the Dubai-listed developer said.

They are geared towards young couples and first-time buyers, with the property cost payable over 3 years, Damac said.

“These villas are very suitably-priced for young couples wishing to purchase their first home in Dubai. At this price, a new home-seeker would have the choice to own a villa in a thriving golf community and all of its benefits rather than buying an apartment,” said Tim Fallon, Vice President of Corporate Communications at Damac Properties.

“Another compelling value-added feature is the plot title deed, meaning full ownership of the land plus villa, offering full flexibility to its owner.”