Deyaar to hand over Madison Residency in May
- United Arab Emirates: Thursday, April 16 - 2009 at 13:54
- PRESS RELEASE
Deyaar Development PJSC, the region's fastest growing real estate company, announced today that it will handover all residential units at Madison Residency to home owners on May 16, 2009.
The orientation program is aimed at updating customers with the final documentation procedure for their respective properties as well as presenting the 2009 building operating budget and facilities management contract. Additionally an explanation of the building systems, amenities and personnel will be given.
The program will take place on Saturday, April 18, at the Grand Hyatt hotel in the presence of senior Deyaar executives.
The customer orientation program and scheduled handover of the 26-storey residential tower continues Deyaar's impressive track record and strong commitment towards customer service excellence. (delete 'and delivery timelines') The project is the latest in the line of high-quality projects completed by Deyaar in the past few years, and will be the first of seven buildings projected to be handed over in 2009.
Located at the Technology, E-Commerce and Media (TECOM) free zone, along Sheikh Zayed Road, Madison Residency comprises 312 residential units, including 161 luxurious studio apartments, 52 one-bedroom and 99 two-bedroom apartments.
The tower is well-equipped with state-of-the-art amenities, including a health club, swimming pool, roof garden, underground parking, high-end security systems and access to extensive retail facilities, and an impressive stone entrance and lobby area.
Markus Giebel, Chief Executive Officer of Deyaar said, "An orientation program in the lead-up to the delivery of Madison Residency further underscores Deyaar's continued commitment to providing our customers with best international quality and service experience and is in line with our 2009 strategy to facilitate increased communication with customers."
"A program of this nature is an essential practice followed by leading global developers. It provides customers the opportunity to understand the exact documentation procedure for the final handover as well as the facilities management contract and amenities provided at the project. Such a program proved to be very successful on our Al Seef II project that was recently handed over," Giebel added.
Giebel added, "Positioned in one of Dubai's most prestigious and sought-after locations, Madison Residency stands out for its close proximity to the key business hubs of Dubai and the world-class lifestyle it provides."
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Notes and Media Contacts »
Deyaar Development PJSC is one of the fastest growing real estate companies in the region. Headquartered in Dubai, the company has grown significantly since its inception to evolve into a complete one-stop real estate solutions provider. Today, Deyaar stands at the forefront of the regional real estate sector, with interests in real estate development, property and facilities management, 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. Its operations are divided across four key business units, vis-à-vis, property development, lease management, asset management, and fund management divisions. Deyaar is well positioned to play a pivotal role in the development of the region's property landscape.
The company complies with the Escrow legislation and all relevant property laws in the UAE. Deyaar is registered with the Real Estate Regulatory Authority under reference number 15/07.
For further information, please contact:
Nitin Nambiar / Nicholas Nesson
ASDA'A Burson-Marsteller
Dubai, UAE
Tel: 971-4-3355969
Fax: 971-4-3356080
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