Deyaar Silicon Oasis gets new residence

by ArabianBusiness.com staff writer Monday, 16 July 2007

Building on the success and overwhelming investor response for its recent projects, Deyaar, the region's fastest-growing real estate company, today announced its newest launch - Sapphire Residence - the first phase of its proposed US$109m initiative at Dubai Silicon Oasis.

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Sapphire Residence caters to the soaring demand for new and affordable residential offerings in Dubai.
It offers a wide choice of 90 spacious and well-designed one, two, and three bedroom apartments.

While rents are rising substantially, more and more residents are scouting for good value offerings in the property market to build an asset, rather than pay rents endlessly.

Announcing the initiative as a significant offering, Zack Shahin, CEO Deyaar, said, "The location advantages of Silicon Oasis make Sapphire Residence a unique proposition."

He added: "The project will certainly enjoy an integrated community setting within an area that we believe will experience substantial growth in the near future."



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