Mirdif Hills by Dubai Investments to begin handover in July


Mirdif Hills by Dubai Investments to begin handover in July

Published: Wed 26 Jun 2019, 5:12 PM

Last updated: Wed 26 Jun 2019, 7:17 PM

Dubai Investments has announced that the construction of the steadily progressing Mirdif Hills project being developed by Dubai Investments Real Estate Company (DIRC) will commence handover in July 2019 as scheduled.
With the Phase 1 of the Mirdif Hills project now ready for handover, Janayen is 98 per cent completed, while the overall progress on the clusters Multaqa and Nasayem are at 55 per cent, 96 per cent respectively. The sales of Mirdif Hills, launched in December 2017, received phenomenal response from investors and end users, reiterating a great endorsement of not only the project features but also of Dubai Investments and DIRC's efficiency track record.
With Mirdif Hills marking an iconic project by Dubai Investments and DIRC, setting new benchmarks in freehold mixed-use developments in Dubai, impressive financing options have been provided to enable an ideal financing option for property investments. The exclusive mortgage plan currently on offer includes financing upto 80 per cent and possession of the flat with 20 per cent down payment with the latter to be repaid in easy installments with attractive financing facilities.
Obaid Mohammed Al Salami, GM at Dubai Investments Real Estate Company, said: "As per the recent updates by Dubai Land Department (DLD), there is a healthy demand from buyers and investors who are benefitting from legislation and investment incentives recently announced by the Dubai government to make the emirate a preferred investment destination. In line with this growing demand, the Mirdif Hills project is designed to offer the investors an ideal investment option and has led to the development of projects targeted at expatriate investors and end users."
Strategically overlooking Dubai's Mushrif Park with close proximity to Dubai International Airport, leading business districts and shopping malls, Mirdif Hills is replete with lifestyle attractions including a four-star hotel by Millennium Hotels & Resorts with 116 rooms & 134 serviced apartments, retail units, a 230-bed hospital and around 1,500 apartments - a mix of studio, one, two, three-bedroom apartments and duplexes. Inspired by French architect, 'Le Corbusier' and based on his 'Immeuble Villa' vision of many villas in a single vertical building. With its central location, only 10 minutes from Dubai International Airport and its superb connectivity to all the business districts and leisure attractions in the city, Mirdif Hills has recorded strong investor response from UAE-based and international investors.
- business@khaleejtimes.com

By Staff Report

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