Dec 06, 2016
Dubai, UAE, 6 December, 2016: Deyaar Development PJSC, one of the UAE’s largest property development and real-estate services companies, is to join the Dubai Property Show in Mumbai in the Bandra Kurla Complex, between December 9 and 11, 2016. Their participation in the show is part of efforts to meet growing demand from Indians who want to invest in Dubai.
Deyaar will showcase ready and off-plan residential projects to the market, including The Mont Rose in Dubai Science Park and Midtown in Dubai Production City, at the Dubai Property Show in Mumbai. Visitors will experience other Deyaar developments at the invitation-only industry event in India.
The UAE Government is keen to promote Dubai’s leading real-estate companies in India. Indian investors’ property transactions in the first half of this year were worth AED7 billion, making them the UAE’s leading international investor in real estate.
“This is Deyaar’s second year participating in the Dubai Property Show in Mumbai,” said Saeed Al Qatami, Deyaar’s Chief Executive Officer. “As Deyaar builds a strong and sustainable business, India is an important market for us, and we are scaling our brand in the real-estate industry there. We are proud to have been invited by the Dubai Land Department to showcase our developments to a discerning group of investors and buyers. In particular, we are expecting significant investor and buyer interest for The Mont Rose and Midtown which, together, form a core part of our residential portfolio in Dubai. We are looking forward to the opportunity to showcase our developments at the Dubai Property Show.”
In Dubai Science Park, Mont Rose comprises two residential towers and one hotel-apartment tower, designed for community living, with landscaped gardens and park views. The residential towers will have 146 one-bedroom, 144 two-bedroom and 7 three-bedroom apartments and the hotel-apartment tower will have 90 studios, as well as 108 one-bedroom apartments.
In Dubai Production City near Sheikh Mohammed Bin Zayed Road, Deyaar has developed Midtown as an integrated urban community. The development has 27 buildings spread across almost five million square feet, offering studios, one-bedroom, two-bedroom and three-bedroom apartments. In Midtown, Afnan District has 659 apartments while Dania District has 579 apartments.
Visitors to the Dubai Property Show will experience two other Deyaar developments - The Atria which will comprise a 30-storey residential tower and a four-star serviced apartment tower, and Ruby Residence which is a community living space in Dubai Silicon Oasis.