|18 February, 2020

Deyaar begins handover of second Midtown district, Dania

Dania District is the second district to be completed in Midtown's integrated urban community, which is composed of six districts. In 2019, Afnan District was announced as completed.

Deyaar begins handover of second Midtown district, Dania

Dubai, UAE: Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has announced the completion and handover of Dania District, part of its award-winning Midtown development.

Dania District is the second district to be completed in Midtown’s integrated urban community, which is composed of six districts. In 2019, Afnan District was announced as completed.

Located in Dubai Production City near Sheikh Mohammed bin Zayed Road, Midtown is designed with community living in mind, creating a family-friendly environment complete with a wide range of amenities. Deyaar has so far accomplished 50% of the project by completing the Afnan and Dania Districts, which constitute 13 buildings of different heights containing more than 1,200 apartments. The company is preparing to launch new districts soon to complete the remaining phases.

Midtown comprises six districts, composed of 26 buildings across a built-up area of almost five million square feet. The development offers over 2,000 units, ranging from studios through to three-bedroom apartments. Homes in Midtown overlook a green courtyard, offering space that is both personal and secure. There are facilities available to cater to both leisure and practical needs, including a dedicated day care facility, family pool and lap pool, health club, tennis and basketball courts, and more.

Comprising six buildings, Dania District has a total of 579 residential units, including studio apartments, one-, two-, and three-bedroom apartments. Proving an attractive property investment, more than 95% of units in Dania District have already been purchased.

Saeed Al Qatami, CEO of Deyaar, said: “We’re starting off 2020 on a high note, with the completion and imminent handover of Dania, the second district in our Midtown development. It gives us a great sense of pride to welcome more residents into this iconic project, which residents are already calling home after moving into Afnan District over the last few months. Midtown is unique in that it offers safe and secure family living within a community that promotes a healthy lifestyle. More than this, it offers convenience for residents, with full amenities available within Midtown, in addition to its ideal location within easy reach of major destinations within Dubai.”

There is more than 30,000 sq ft of retail area between Midtown’s Dania and Afnan Districts, with a wide variety of outlets including anchor supermarket, nursery, F&B and more, such as service providers, health and beauty and entertainment. Midtown’s retail offering will meet the needs of residents and visitors alike, with ample parking available for all. Deyaar is meticulously selecting retail tenants to ensure the best brands and outlet variety throughout the project.

Listed on the Dubai Financial Market, Deyaar is one of Dubai’s leading developers, with real estate ventures spanning key growth corridors and prime locations within the emirate. Over the years, Deyaar has delivered an extensive portfolio of commercial, residential and hospitality properties, all offering the highest levels of service and quality.

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About Deyaar

Deyaar Development PJSC is a leading real-estate developer and real-estate services company, headquartered in Dubai. Since its establishment in 2002, the company has registered exponential growth to become an industry leader in the region, with a share capital of AED5.78 billion.

Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The company’s in-depth market intelligence, world-class services and unrivalled property management support for communities across diverse portfolios have firmly consolidated its pioneering status in the region’s real estate landscape.

Combining excellence with a vision to create natural living environments while placing customers at the core of its strategies, Deyaar serves as a one-stop real estate solutions provider. Under this profile, its scope includes the delivery of end-to-end property development and property management services across the UAE.

Deyaar provides facility management services for its portfolio of commercial and residential units. The company spearheads an association management team to ensure the wellbeing of Deyaar’s homeowners as a key priority. Deyaar complies with the escrow legislation and relevant property laws in the UAE, and it is registered with the Real Estate Regulatory Authority under reference number 15/07.

For further information, please contact:
Feda Kassem
ASDA’A BCW
Dubai – UAE
+971 4 450 7600
feda.kassem@bcw-global.com 

Ala Hassan
Deyaar Development PJSC
Dubai – UAE
+971 4 3840950
alah@deyaar.ae 

© Press Release 2020

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