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- Deyaar will host the new owners as part of its handover process
- The Mont Rose Hotel Apartments and Residences are located at Dubai Science Park
- The Mont Rose Apartment Tower will be launched in Q4 2018
Dubai, UAE: Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has started the handover process for the two residential towers in its iconic Mont Rose project, marking Deyaar’s first handover of 2018.
Located in Dubai Science Park, the Mont Rose is a contemporary residential and hotel-apartment project. It comprises three towers: Mont Rose residential towers A and B, and one hotel-apartment tower, the Millennium Deyaar Mont Rose Apartments, which will be managed by Millennium & Copthorne, one of the fastest-growing hotel groups in the region. The hotel tower will begin operation in September 2018.
Saeed Al Qatami, CEO of Deyaar said: “Delivering a project to our owners at the beginning of the year sets the tone for what we aim to accomplish in 2018. Mont Rose is one of our iconic projects, which is situated to take advantage of Dubai’s up-and-coming areas – including the Expo 2020 site. Deyaar is committed to delivering quality projects that meet our exacting standards, in terms of build, location, and return on investment.”
Owners were invited to an orientation event to go through the handover process and the necessary procedures and to inspect their units before receiving their keys. Through this event, Deyaar aims to facilitate the delivery of units to new owners and familiarise them with their new units.
Deyaar also expects to deliver The Atria in Q2 2018. Currently near completion, The Atria is located in Business Bay and comprises a four-star hotel apartment tower and a residential tower. The project has 347 serviced apartments managed by the Millennium & Copthorne Group, and 219 residential units. Residents will have access to facilities such as a luxury spa, fine dining restaurant, gymnasium, and an infinity pool that overlooks the iconic Burj Khalifa.
Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), 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 and residential 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:
Khalid Yahya
Ala Hassan
ASDA’A Burson-Marsteller
Deyaar Development PJSC
Dubai, UAE
Dubai, UAE
+ 971 4 450 7600
+971 4 384 0950
© Press Release 2018
