DAMAC Properties has revealed plans to build a 5-tower hotel surrounded by a golf course in Dubai.
Golfotel will feature over 2,000 rooms with views of Trump World Golf Club, which is set within the AKOYA Oxygen residential development.
Niall McLoughlin, Senior Vice President, DAMAC Properties, said: Investors will be pleased with the opportunity to own a hotel room on an international golf course that reaps higher returns than any other investment classes.
Communities such as AKOYA Oxygen attract residents and tourists who aspire to a certain lifestyle that only these integrated communities can offer.
Residential real estate around golf courses has a track record of enabling an increase in valuations, by up to 20%, DAMAC said citing advisory firm KPMG.