DIRC: UAE visa updates driving demand at Dubai's Mirdif Hills
GM Obaid Mohammed Al Salami says homes in upscale Mirdif area have received a "phenomenal response" from investors
Dubai Investments Real Estate (DIRC), a subsidiary of investments company Dubai Investments, said it was making “steady progress” on the Mirdif Hills freehold residential development in the upscale Dubai neighbourhood, with handover on Phase 1 to begin in July 2019.
General manager of DIRC, Obaid Mohammed Al Salami, said Mirdif Hills had received a “phenomenal response” from investors and end-users.
He added: “It is gratifying to see the efforts finally ready to yield results.
"As per the recent updates by Dubai Land Department, there is 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.”
Overlooking Mushrif Park and in close proximity to Dubai International Airport, Mirdif Hills features 1,500 homes, in addition to a four-star hotel that will be operated by Millennium Hotels and Resorts, and a 230-bed hospital.
The project’s Janayen cluster is 98% complete, with overall progress on its Multaqa and Nasayem clusters respectively at 55% and 96%.
Janayen comprises a mix of one- to four-bedroom residential units, while Nasayem Avenue is situated at the masterplan’s centre, and features two- and three-bedroom apartments, as well as three- and four-bedroom duplexes.
Mirdif Hills' Multaqa Avenue is made up of seven blocks, and has 279 studio, one-bedroom, and two-bedroom homes across three buildings.