MUMBAI, December 8, 2016 /PRNewswire/ --
- Dubai Property Show Hosts Leading Real Estate Developers
- Indians Ranked the Highest Value Foreign Investors in UAE Real Estate
- Deyaar to Showcase Ready and Off-plan Residential Projects to Indian Market Including Midtown, The Atria, Mont Rose and Ruby Residence
Deyaar Development PJSC, one of the UAE's largest property development and real-estate services companies, is in Mumbai to attend the Dubai Property Show where the company is showcasing key residential developments. The Bandra Kurla Complex is hosting the Dubai Property Show between 9th and 11th December, 2016.
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Deyaar's participation in the show is a part of efforts to meet growing demand from Indians who have invested more than ₹13,600 Crores in Dubai's real estate market in the first half of 2016, according to the Dubai Land Department in the UAE.
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 six months of this year made 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 Indian investors represent more than 20% of buyers across our diverse customer base. We are steadily building the Deyaar brand in India. 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 and to build our presence in the Indian market."
In Dubai Science Park, The Mont Rose comprises of two residential towers and one hotel-apartment tower, designed for community living, with landscaped gardens and park views. The residential towers will have 136 one-bedroom, 136 two-bedroom, 10 three-bedroom and eight four-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.
About Deyaar:
Deyaar Development PJSC is a leading real-estate developer and real-estate services company, headquartered in Dubai. Since its establishment in 2002, the company has registered exponential growth to become an industry leader in the region, with a share capital of AED5.78 billion. Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The company's in-depth market intelligence, world-class services and unrivalled property management support for communities across diverse portfolios have firmly consolidated its pioneering status in the region's real estate landscape. Combining excellence with a vision to create natural living environments while placing customers at the core of its strategies, Deyaar serves as a one-stop real estate solutions provider. Under this profile, its scope includes the delivery of end-to-end property development and property management services across the UAE. Deyaar provides facility management services for its portfolio of commercial and residential units. The company spearheads an association management team to ensure the wellbeing of Deyaar's homeowners as a key priority. Deyaar complies with the escrow legislation and relevant property laws in the UAE, and it is registered with the Real Estate Regulatory Authority under reference number 15/07.
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