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Jun, 02 2018

Midtown Development to Complete by Q4 2019

Investors can take the last available units in Midtown’s Dania district with an exclusive Ramadan offer from Deyaar, which will see cover the company’s 100 percent of the Dubai Land Department fee.

Midtown Development to Complete by Q4 2019

Deyaar Development announced the release of the final units available in the Dania district of its Midtown development, as the project reaches 35 percent completion.

Investors can take the last available units in Midtown’s Dania district with an exclusive Ramadan offer from Deyaar, which will see cover the company’s 100 percent of the Dubai Land Department fee.

The prices in Midtown start from AED 680, 000 for a one-bedroom apartment, with 80 percent due on handover of the unit. Buyers only have to pay five percent booking fee to secure their property if they sign up by the end of Ramadan.

An integrated urban community in Dubai Production City near Sheikh Mohammed bin Zayed Road, Midtown has 27 buildings with an area of almost five million square feet, which  includes sold-out studios, one-bedroom, two-bedroom and three-bedroom apartments.

The Afnan district has 659 apartments, and the Dania district has 579 apartments.

The sales vice president at Deyaar, Nasser Amer, said the company is on track for a Q4 2019 delivery.

Deyaar is listed on the Dubai Financial Market and the majority of it is owned by Dubai Islamic Bank (DIB).

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