Deyaar to launch second phase of Midtown projectby Paromita Dey on Mar 28, 2016
UAE-based developer Deyaar announced the second phase of its 111,483 sqm Midtown project, Dania District, at International Media Production Zone (IMPZ).
The units will open for sale during a one-day event on 2 April, 2016 at their sales center in the Burlington Tower.
The Dania District spans across a total area of 90,285 sqm, which includes six residential developments ranging from G+7 to G+16 buildings comprising 579 apartment units in varying sizes.
Divided into 131 studios, 295 one-bedroom apartments, 143 two-bedroom apartments, and 10 three-bedroom apartments, the size of the units range from 39 to 189 sqm and incorporate space optimising designs increasing usable space and decreasing wasted area within a unit.
In order to satisfy the market’s demand for easy payment schemes, Deyaar will offer customers payment plans with monthly instalments starting from $1,361 (AED5,000) along with 5% down payment.
Furthermore, several payment schedules will be available starting from 25% to be paid during construction and 75% upon handover.
Commenting on the announcement, Saeed Al Qatami, CEO of Deyaar, said: “The launch of Dania District, the second part of our grand development Midtown, follows the success we are currently witnessing with sales of the Afnan District. The units and buildings within the community as well as Dania District as a whole has been efficiently designed to enhance usage of space and provide the ultimate levels of comfort, convenience and security.
"Our project offers occupants an all-inclusive serviced community within an open environment that truly provides an ideal space to call home, at a competitive price. At Deyaar, we place customer needs at the forefront of every decision we make to ensure we offer homes that provide quality living, optimal value and above all solid returns on investments.”
‘Midtown by Deyaar’ is situated in Dubai’s growth corridor with direct access to the Sheikh Mohammed Bin Zayed Road, International Media Production Zone (IMPZ) is close to the Jebel Ali port and the Al Maktoum International Airport.