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|01 October, 2018

Dubai Investments to showcase a myriad of real estate projects at Cityscape Global 2018

Mirdif Hills & Green Community DIP- West Phase 3 to take centre stage and 11 other projects to be showcased for sale and lease

Dubai Investments to showcase a myriad of real estate projects at Cityscape Global 2018

Exceptional offers during the exhibition

Dubai, United Arab Emirates:Dubai Investments PJSC [DFM: DIC], the leading diversified investment company listed on the Dubai Financial Market, announces its real estate projects portfolio which will be showcased at Cityscape Global 2018, stand SAH10A in Trade Centre Arena at Dubai World Trade Centre from 2nd – 4th October, 2018.

Dubai Investments will showcase Mirdif Hills, a mixed-use, residential, commercial, and retail development by DIRC and the only freehold development currently in Mirdif. The project is spread across 1 million sq. ft of land and 4 million sq. ft of built up area that features a four-star hotel managed by Millennium Hotels & Resorts with 116 rooms, 128 serviced apartments, retail units, a 230-bed hospital, and around 1,500 apartments comprising a mix of studio, one-, two-, and three-bedroom apartments and 3 & 4 duplexes. Construction on the project is progressing as scheduled with 50% already completed. Interested buyers will benefit from a 50% DLD fee reduction.

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The company is also showcasing Green Community DIP – West Phase 3, a beautiful ready to move in project which is being developed in Dubai Investments Park through its subsidiary Properties Investment. The completed project covers an area of 1.48 million sq. ft and comprises a total of 210 townhouses, 122 of which are four-bedroom and 88 are three-bedroom. It will also comprise 16 duplex apartments, retail units, recreational centres, swimming pools, a squash court, and landscaped areas. The Company’s units are on offer for buying and leasing and the Company is granting tenants a free month when they rent for 12 months and a 100% waiver off DLD fees once they purchase any unit at Green Community West 3, DIP.

Moreover, visitors to the company’s stand would benefit from a 30% discount on furniture and accessories from Interiors LLC, a 30% discount on selected carpets from Iwan Maktabi at The Dubai Mall, and a 15% discount on Teka kitchen appliances at Al Garhood showroom.

During the exhibition, Dubai Investments showcases 11 projects for sale and leasing. These developments include The Market Expansion which is located within Green Community in DIP and the AED 900-million DI Tower, a mixed-use tower on Sheikh Zayed Road, which is slated for a 2020 completion date and will feature over 70 floors that also include furnished apartments. The remaining projects will comprise of Al Kawthar building in Sharjah, Al Nahda 1, Al Nahda 2, and Al Nahda 3 Towers, Ritaj - a residential community in Dubai Investments Park, Al Mozna building in Qusais, a tower in Meydan and another in Al Barsha First, Al Hamriya Hotel, and Violet Tower in JVC.

The current projects will boost Dubai Investments’ market presence in the real estate sector where the Company’s assets in the sector constitutes 67% of its total asset mix.

Dubai Investments will also provide innovative solutions to the construction sector through diverse activities provided by its 18 subsidiaries working in the sector. The products and services provided by Dubai Investments include metal, aluminum and glass, fit-outs, cable trays, switchgear, lighting, district cooling and maintenance services, sustainability products such as solar panels, extruded polystyrene, floorings, ceilings, and LED energy saving lights.

-Ends-

About Dubai Investments PJSC:

Dubai Investments PJSC is a leading investment company listed on the Dubai Financial Market with over 19,800 shareholders and a paid-up capital of AED 4 billion. Incorporated in 1995, the company has grown exponentially with investments in a number of businesses across three core sectors – real estate, manufacturing & industrial and financial investments across the UAE and the Middle East.

Since inception, Dubai Investments has challenged the norms and introduced cutting-edge technologies, pioneering business models, unique investment strategies and innovative concepts across its diversified portfolio spanning different sectors and markets across the globe. Dubai Investments currently has 39 subsidiaries & joint ventures under its portfolio, across a wide array of industries and continues to seek new investment opportunities in new sectors, locally and internationally, as part of its strategic expansion plans.

© Press Release 2018

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