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Wednesday, November 25 - 2009

Deyaar hands over Al Seef II residential tower

  • United Arab Emirates: Sunday, December 21 - 2008 at 13:55
  • PRESS RELEASE

Deyaar Development, the region's fastest growing real estate company, announced the handover of all 210 units of Al Seef II, its premier residential development located in Jumeirah Lakes Towers.

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  • Al Seef II residential tower.
    Al Seef II residential tower.
Al Seef II comprises 210 two- and three-bedroom apartments and penthouses, with lake views. The tower is equipped with state-of-the-art amenities, including a health club, ample parking space and access to extensive retail facilities. Located adjacent to Sheikh Zayed Road, Al Seef II is in close proximity to signature developments such as the Palm Jumeirah, Emirates Golf Course and Mall of the Emirates, as well as major business hubs including Dubai Internet City, Dubai Media City and Jebel Ali Free Zone.

Markus Giebel, Chief Executive Officer of Deyaar, said:
"We are extremely pleased to hand over Al Seef II, and to welcome all residents to this upcoming community with excellent business and lifestyle facilities. By delivering the project while adhering the very highest standards, we make clear once again Deyaar's commitment to meeting the needs of our customers."


"Despite challenging economic conditions globally, Deyaar remains focused on contributing to the sustained growth and continued stability of the real estate sector in Dubai and the wider region," he added. "Today's announcement further underlines our contribution in this regard."
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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 / Mohammed Daggamesh
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080

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