• HSBC

Deyaar launches phase one of Deyaar Enclave for sale

  • United Arab Emirates: Tuesday, October 14 - 2008 at 16:49
  • PRESS RELEASE

In response to ongoing strong demand for its superior-quality offerings, Deyaar Development, the region's fastest growing real estate company, launched the sale of Deyaar Enclave's first phase including studios, one and two bedroom apartments, at the Dubai International Financial Center's Emperor Hall.

Deyaar Enclave, the first mid-size community to be launched within the International Media Production Zone, will comprise nine residential buildings.

The project was recently launched at Cityscape Dubai 2008 and witnessed an overwhelming response from the local and international business community.

Highlighting Deyaar's strategic shift towards communities, Markus Giebel, Chief Executive Officer of Deyaar, said:
"The move to develop larger, mixed-use communities provides the company with the required scale to maintain its growth trajectory in the longer term. The concept of Deyaar Enclave stems from our intention of going beyond just buildings, and delivering an enhanced way of life for our customers. Our focus on building communities is a natural progression of our long term objective to create greater value for our customers and investors. Over the past year, Deyaar has acquired a number of strategically located plots in several master-planned developments in Dubai and it will be our main focus to expand our presence across these community developments."


Deyaar Enclave will offer a comprehensive range of units, including townhouses with separate swimming pool and separate entrance; duplex flats with terraces; one- and two-bedroom apartments as well as studio flats with extensive landscape views.

Set amidst a state-of-the-art commercial and residential hub, Deyaar Enclave will offer a wide range of amenities, such as a fully equipped club house, swimming pools, outdoor tennis courts, barbeque areas, kids' playground, lavish landscaped deck, and over 130,000 square feet of retail space.

International Media Production Zone is a 43-million square foot master-planned, mixed-use community, situated close to most major Dubai landmarks, including Dubai Internet City, Dubai Media City, Knowledge Village, Mall of the Emirates, Jebel Ali Seaport and the upcoming Al Maktoum International Airport in Jebel Ali.

Conveniently located off Emirates Road, residents of Deyaar Enclave will enjoy additional easy access to the emirate's major gateways, Sheikh Zayed Road, Al Khail Road and Dubai Bypass Road.

Buyers at Deyaar Enclave can avail of a wide range of financing options from many leading financial institutions, including Amlak and Dubai Islamic Bank.
Deyaar Enclave. 
Deyaar Enclave.
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Notes and Media Contacts »

About Deyaar:
Deyaar Development PJSC is one of the fastest growing real estate companies in the region.

Headquartered in Dubai, the company has grown significantly to evolve into a complete one-stop real estate solutions provider.

Today, Deyaar is one of the most prominent brands in the regional real estate sector, with interests in development, property and facilities management, in addition to offering a range of services such as brokerage, marketing and sales.

Deyaar's strategic solutions and deep market insights have helped create exceptional value for its investors.

The company currently manages over 16,000 commercial and residential properties.

Deyaar is set to continue to play a pivotal role in the ongoing development of the region's property landscape.

The company complies with the Escrow legislation and all relevant laws in the UAE.

Deyaar is registered with the Real Estate Regulatory Authority under reference number 15/07.

For further information, please contact:
Nicholas Nesson / Nitin Nambiar / Anusyia Nathan
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080

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