Browse
related articles
Central Park is an Dhs4bn joint venture project between Deyaar Development PJSC and Dubai Properties Group, a member of Dubai Holding, with both partners holding 50% ownership. Construction on Central Park is currently under way, with 64% of the project already completed. Planned as a high-value investment opportunity from two of the UAE's most respected developers, Central Park is a state-of-the-art integrated development, comprising over 877,000 square feet of premium commercial space and nearly 558,000 square feet of exquisite residential space. In addition, the development consists of exclusive retail outlets offering a host of world renowned brands and boutiques under one roof.
Central Park was showcased at the company's 270-square-metre pavilion, in partnership with Dubai Properties Group, at Cityscape Dubai 2009.
"Central Park promises to be among the most captivating new projects in the DIFC district, specially conceived and developed to serve the evolving needs of businesses and residents in the emirate. In line with Deyaar's focus on building high-value projects that meet the current and future needs of Dubai, Central Park is an excellent opportunity for investors looking to invest in top quality real estate within one of the world's most eminent and fastest growing financial centres. We are confident that Central Park will set new benchmarks for integrated developments within DIFC and prove to be extremely attractive to residents and international investor community alike."
said Markus Giebel, Chief Executive of Deyaar.
"As part of our continued commitment to address changing market needs through unique projects with high inherent value, we are delighted to be involved with Central Park as co-developer," said Khalid Al Malik, Group CEO, Dubai Properties Group. "In Deyaar, we have found the right partner with an exemplary track record, strong fundamentals and a commitment to the highest standards of excellence. We are pleased to showcase this project at a signal event such as Cityscape. Central Park is poised to further enhance the appeal of DIFC to individual investors and commercial institutions keen to establish a base in this emerging metropolis."
The residential tower at Central Park consists of 426 units, including studio, one- and two-bedroom apartments, as well as a range of luxurious two- and three-bedroom duplexes and penthouses offering panoramic views of Burj Dubai, DIFC district and Sheikh Zayed Road. Amenities at the development include swimming pools, outdoor Jacuzzi, a water feature at podium deck, restaurants with exceptional views on the highest level of the commercial tower and advanced security systems, among others.
Digg
Facebook
LinkedIn
Twitter
Posted by Rima Ali Al Mashni
It looks like you are using a Mac - check out our 
Web Feeds