Deyaar returns to Cityscape as Dubai’s red-hot real estate market continues to boom

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  • Deyaar offers exclusive Cityscape Global 2021 promotion on prestigious Midtown Noor apartments in Dubai Production City

Dubai, UAE:  Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced its participation at Cityscape Global 2021, the region’s largest international real estate exhibition and forum, running in Dubai from 9-11 November.

As the city’s property market goes from strength to strength, Deyaar will present an exclusive offer for a new release of residential apartments in Noor District, the third phase of the family friendly community, Midtown. It will also provide an update on highly anticipated projects such as the flagship tower Regalia that offers a high-end urban lifestyle embodied by royalty and distinction.

During Cityscape Global 2021, Noor offer will include a 50 percent waiver on Dubai Land Department fees, a two-year association fee waiver and a flexible five-year payment plan. Scheduled for completion in Q1 2023, Noor District offers spacious studios, one, two and three-bedroom apartments with bespoke payment options including a 20 percent payment during construction, 15 percent on handover and the remaining 65 percent over the following four years. With this offer, investors can expect an annual return on investment of 11 percent from handover date. Deyaar has successfully delivered the first two districts in Midtown with over 1200 residential units.

Deyaar will also provide an opportunity for visitors to learn more about its luxury skyscraper in Business Bay, Regalia, at Cityscape Global. Featuring smart home technology, high-end amenities and an attractive sales offer on a very limited stock including a three-year free service fee waiver and 50% waiver on property registration fees, the development has already recorded more than AED 900 million in sales since July. The 70-storey premium building will offer a wide range of recreational and wellness amenities, including an Olympic-size infinity pool with private cabanas and Jacuzzis, state-of- the-art family gymnasium, yoga pavilion, and outdoor winter cinema.

“We are excited to join Cityscape this year as Dubai’s real estate rebound continues its remarkable recovery,” said Nasser Amer, Vice-President – Sales at Deyaar. “As the region’s largest exhibition of its kind, it is a unique platform to demonstrate attractive investment opportunities as Expo 2020 Dubai welcomes thousands of people to the city. We have already witnessed an overwhelming response from domestic and international investors seeking high-quality and affordable property which reaffirms the trust and confidence in the quality of our developments. We look forward to showcasing our world-class portfolio of residential and commercial projects and underscoring our belief that Dubai remains one of the world’s greatest cosmopolitan cities.”

For two decades, Deyaar has shaped the urban real estate landscape of Dubai. Established in 2002, its meteoric rise is testament to a limitless ambition. Established in 2002, its meteoric rise is testament to a limitless ambition. As one of Dubai’s largest property developers, it has successfully delivered more than 20 million sq. ft. of developments to cement Dubai’s position as one of the world’s greatest cities.

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 with the highest levels of service and quality.

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