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Tuesday, November 10 - 2009

Deyaar showcases its iconic properties at premier Russian exhibition

  • United Arab Emirates: Saturday, October 25 - 2008 at 13:46
  • PRESS RELEASE

Following its overwhelming success at the recently concluded Cityscape Dubai 2008, Deyaar Development, the region's fastest growing real estate company, is showcasing select commercial and residential properties at Extravaganza Moscow, the premier European exhibition for luxury properties and products, being held between October 24-26, 2008.

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Deyaar presented its upcoming premium commercial and residential properties, including Deyaar Enclave, its first community development located at the International Media Production Zone (IMPZ) in Dubai, at the annual invitation-only event aimed at bringing together leading investors and high net worth individuals from across Europe and the world. The first two days of the event saw a strong response to Deyaar's offerings, including commitments from investors who expressed keen interest in the project ideally located in the heart of the emirate.

Highlighting the company's participation in the event, Markus Giebel, Chief Executive Officer of Deyaar, said:
"Extravaganza Moscow presents an ideal platform for Deyaar to take its latest offerings to leading investors based in Europe and across the world. It's extremely encouraging to see such a strong response to our projects in an arena that brings together the premier real estate developments from around the world. As a leading regional developer of residential and commercial properties, Deyaar recognises the importance of Russia and the rest of Europe as an international investor base."


He added,"We are delighted to present Deyaar Enclave, our first community development that offers a wide range of apartments, townhouses and commercial space, while taking our portfolio of projects to international investors and second home buyers from Europe. Following its recent unveiling and subsequent sales launch earlier this month, Deyaar Enclave has generated significant interest in the international investment community. As we shift our focus to more community-styled developments, Deyaar aims to continue participating in leading international property exhibitions to create awareness about its latest projects and offerings."

As Deyaar's first community development in Dubai, Deyaar Enclave comprises nine buildings and is the first mid-size community development to be launched at IMPZ, a 43-million square foot master-planned, mixed-use community, situated in close proximity to most major Dubai landmarks. The project offers a comprehensive range of units, including townhouses with separate swimming pool and landscaped garden; duplex flats with terraces; one- and two-bedroom apartments as well as studio flats. Set amidst a state-of-the-art commercial and residential hub, the community will also offer a wide range of amenities.

Extravaganza Moscow is the premier showcase event of luxury products and services for affluent investors. Staged annually, the event is attended by high net worth individuals and business professionals from across Europe and the rest of the world. The event also draws leading industry experts, architects, designers and consultants, as well as senior officials from governments.
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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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