20 DECEMBER 2022
Dubai-UAE: December 20, 2022 – Deyaar Development PJSC (“Deyaar”), one of the leading
real estate developers and service providers in Dubai, has announced its intention to launch a
trio of new projects in Al Furjan worth approximately AED 300 million.
The three projects will comprise residential units and hotel apartments and will include
approximately 400 diverse units consisting of one, two and three bedrooms. Deyaar’s first project
in Al Furjan will be Amalia Residences, with the remaining two projects set to be announced in
Saeed Mohammed Al Qatami, CEO of Deyaar, said: “We are pleased to announce the expansion
of our growing portfolio of residential and hotel projects in conjunction with the launch of our
presence in Al Furjan through three distinct projects. Each development will add significant value
to the growing and vibrant area. These projects embody Dubai’s elegant lifestyle and will bring
unique housing options to the Al Furjan area.”
The Amalia Residences project will offer a variety of modern and spacious residential units
suitable for families, consisting of one, two and three bedrooms. The project will provide a wide
range of amenities for residents, including a swimming pool, children’s pool, a play area, and a
Nasser Amer, Vice President of Sales at Deyaar, said: “We are delighted to announce the Amelia
Residences project, which is the latest step in our expansion plan. Designed to epitomize
elegance, Amalia Residences offers a high standard of living and modern urban atmosphere at
reasonable prices.
“To mark its launch, we are pleased to offer flexible payment plans of up to five years, and a full
exemption from real estate registration fees as part of the offer. The distinctive project has been
designed to meet all the needs of its residents, as it offers a variety of amenities and luxuries that
make homes both functional and inspiring.”
He added: “Al Furjan offers an active yet relaxing lifestyle as well as a lively community
atmosphere thanks to the Al Furjan Pavilion and Al Furjan West Pavilion shopping centers, which
offer a wide range of stores, restaurants and sports clubs.”
Deyaar Development is listed on the Dubai Financial Market, in which the Dubai Islamic Bank
owns a majority stake. The company is one of the leading real estate development companies in
Dubai and owns real estate units spread across several prominent areas. Throughout its long
history, Deyaar has been able to offer a comprehensive portfolio of commercial and residential
real estate with the highest levels of service and quality.