Deyaar breaks ground on Flamingo Creek

All units within the Dhs1bn real estate venture are sold, and the project is scheduled for delivery in 2011.

Strategically located adjacent to the arterial Ras Al Khor canal and offering spectacular views of the Ras Al Khor Nature Reserve, Flamingo Creek is a unique low-density freehold project comprising 244 villa-style apartments and townhouses, spread over 500,000 square feet.

"As the first residential community in The Lagoons, the commencement of construction at Flamingo Creek marks an exciting step forward for Deyaar," said Markus Giebel, Chief Executive of Deyaar. He added "This is a significant development and I believe Deyaar is well positioned to use its vast experience and capabilities in delivering a residential community that truly enriches the lives of its inhabitants."

Giebel reiterated:

"Deyaar remains committed to growing its presence across Dubai's master planned communities, while maintaining the highest levels of customer service and product excellence that has seen all its projects prove hugely attractive to both investors and end-users."

Flamingo Creek has been designed for a premium contemporary lifestyle, where residents will enjoy such amenities as, health clubs, a school district, public facilities and quick access to the proposed Dubai Opera House. Each apartment has high-quality finishes, marble floors, high quality utilities and access to swimming pools. The development is also in close proximity to all major transport corridors.

Giebel concluded: "After its completion, the project will be regarded as a true landmark for community living in Dubai."