Deyaar to launch Dh3 billion project

DUBAI — Deyaar Development PJSC is due to launch its Dh3 billion Deyaar Park on Saturday, October 27, 2007. The project is the company's single largest mixed use real estate development till date comprising luxury homes, offices and retail stores, with a built up area of over 2 million sq.ft.

By A Staff Reporter

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Published: Thu 25 Oct 2007, 8:44 AM

Last updated: Sat 4 Apr 2015, 11:29 PM

The freehold project is located in Downtown Jebel Ali, the upcoming business and residential hub on Shaikh Zayed Road, master planned by Limitless, a global real estate arm of Dubai World.

Spread over eight strategically located and adjoining plots, Deyaar Park is situated in the Green Trellis District of Downtown Jebel Ali.

Commenting on the new venture, Zack Shahin, Chief Executive Officer, Deyaar, said, "Deyaar Park's strategic location on Shaikh Zayed Road, surrounded by Dubai's landmarks like the world's largest airport, world's largest man made port, JAFZA, and the Techno Park among others, will prove to be another great investment opportunity for our customers. We recognise the strong potential of Downtown Jebel Ali as the future hub of Dubai."

UAE's leading banks and institutions including Abu Dhabi Commercial Bank, Amlak, Dubai Islamic Bank, First Gulf Bank and National Bank of Dubai will provide financing options. Finance is available for residents as well as non residents.

Deyaar Park offers customers a choice of one, two and three bedroom apartments, along with office spaces ranging from 691 sq.ft to 2,356 sq.ft.

The project adjoins the largest landscaped area in the zone and is served by the Dubai Metro as well as an internal transportation system.

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