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Mon 28 Mar 2016 12:39 PM

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Deyaar to launch second phase of $817m Midtown development

Dania District is Part of 1.2 Million Square Feet Mixed Use Project at IMPZ

Deyaar to launch second phase of $817m Midtown development

UAE-based developer Deyaar has announced the second phase of its 111,483 sq m $817 million Midtown project, Dania District, at International Media Production Zone (IMPZ).

The units will open for sale during a one-day event on April 2 at their sales centre 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 percent down payment.

Furthermore, several payment schedules will be available starting from 25 percent to be paid during construction and 75 percent upon handover.

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.

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