Arady Developments is a limited liability company
established as a partnership between Dubai Properties Group and Deyaar Development PJSC. Arady is the developer of the iconic Central Park mixed-used development in Dubai International Financial Centre (DIFC). Located in a prime business area in close proximity to attractions in Downtown Dubai, the 1.57 million square feet Central Park project is insightfully conceptualized to reflect the upscale lifestyle and enterprising spirit of its residents.
Al Zorah is a premier mixed-use development in Ajman, and a refined coastal destination with a rich existing ecosystem. Only 25 minutes from Dubai International Airport, this bustling seaside community is a nurturing place to live, work, and play. Al Zorah’s natural beauty establishes the foundations for an eco-friendly lifestyle with 60 per cent of the land area devoted to protected mangroves and public space. The development will include world-class hotels and resorts, residences, commercial space, leisure facilities, and an 18-hole golf course set in a natural environment of sandy areas and mangroves.
Deyaar and Millennium & Copthorne Hotels, Middle East and Africa, have established a strategic alliance to develop and operate new hospitality projects in the UAE totaling 1,000 keys.
Millennium & Copthorne Hotels is an international hotel management company with a well-established presence in the Middle East region, that owns, asset manages and/or operates over 120 hotels worldwide. With almost 40,000 rooms globally, the company currently has a footprint in all continents with a portfolio of brands that serve different market segments.
Aşçıoğlu is a leading Turkish real estate developer with nearly half a century of experience, known for shaping significant real estate projects in Istanbul, including the landmark ‘Selenium Twins Towers’.
In June 2015 Aşçıoğlu and Deyaar signed an MOU, and in May 2016 they announced a strategic partnership to introduce an exclusive tower in the Dania District of Midtown, to Turkish investors keen to invest in the thriving UAE property market. The co-branded property, will be the first time Aşçıoğlu’s prestigious property brand Selenium, has branched overseas, a testament to Dubai’s continuing success in attracting overseas property investment.