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Deyaar also highlighted the special prices and flexible payment plans on offer at some of its completed projects, in addition to a promise high returns on investment.
“Our portfolio appeals to various market segments,” said Nasser Amr, Vice-President— Sales of Deyaar. “The Property Show is a unique platform for us to increase our visibility to an elite clientele of individual and institutional investors. The recently announced Montrose and Atria are an example of our distinctive projects catering to buyers with different requirements.”
Montrose is located at Barsha South at the extension of Umm Suqeim towards Shaikh Mohammad Bin Zayed Road. The two residential towers feature 68 one-bedroom, 68 two-bedroom, five three-bedroom and two four-bedroom apartments. The hotel apartment tower has been designed to host 88 studios and 68 one-bedroom and 24 two-bedroom units.
The majority of Montrose’s residential towers are sold out, according to the developer.
The Atria is a 1.25-million-sq-feet luxury mixed-use twin tower complex located in Business Bay. The development will feature studios, one-, two- and three-bedroom apartments and three-bedroom duplex units across a 30-floor complex. Offering views of the Burj Khalifa, Business Bay Canal and the Dubai Stables, the hotel apartment tower will include a spa, gym, infinity pool on the 25th floor and fine dining restaurants.
The tower is scheduled for handover in 2017.
Some of the other projects the company showcased at the event are Ruby, Hamilton, Oakwood, Central Park and 51@ Business Bay.
Deyaar said venturing into the luxury sector is relevant given Dubai’s goal of attracting more than 20 million visitors per year by 2020.
Source: Property Weekly