May 27, 2018
Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has announced the release of the final units available within the Dania district of its Midtown development, as the project reaches 35 per cent completion.
Investors can snap up the last available units in Midtown’s Dania district with an exclusive Ramadan offer from Deyaar, which will see the company cover 100 per cent of the Dubai Land Department fee. The flexible payment plan begins after three months of purchase with 1 per cent monthly instalments, and a move-in date of Q4 2019. Prices in Midtown start from AED 680,000 for a one-bedroom apartment, with 80 per cent due on handover of the unit. Buyers will only pay a five percent booking fee to secure their property. The offer is available until end of Ramadan.
An integrated urban community in Dubai Production City near Sheikh Mohammed bin Zayed Road, Midtown is composed of 27 buildings with a built-up area of almost five million square feet, including sold-out studios, one-bedroom, two-bedroom and three-bedroom apartments. The Afnan district comprises 659 apartments, and the Dania district comprises 579 apartments.
Nasser Amer, Sales Vice President at Deyaar, said: “Intended as the ideal community for families and professionals alike, Midtown is a premium investment opportunity for buyers who wish to own their own home, or those who wish to rent their property out in the future. At 35 per cent completion, we are well on track for a Q4 2019 handover.”
Designed with community living in mind, homes in Midtown overlook a green courtyard and offer space that is both personal and secure. Facilities within the development cater to both leisure needs and practicalities, including a dedicated day care facility, family pool and lap pool, health club, tennis and basketball courts, and more.
Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), Deyaar is one of Dubai’s leading developers, with real estate ventures spanning key growth corridors and prime locations within the emirate. Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties, all offering the highest levels of service and quality.
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