Monday, May 14, 2007

Deyaar to enter Abu Dhabi property market

The fastest growing real estate company, Deyaar, has announced their decision to enter the Abu Dhabi real estate sector with the Reem Island, a residential project. They have recently acquired three prime plots on Reem island which has a widespread view of the Bay Centre Marina located on Reem island. This purchase of property from Reem Developers in the prime project NAJMAT has increased the total land bank property of Deyyar by 258million Dhirhams.

According to their executive Vice President, the company has set its sights for vast expansion plans with Abu Dhabi on top of the list and is looking for more such opportunities to improve Deyaar's presence in the United Arab Emirates.

Deyaar is hoping to commence construction before the year end and is in process of finalizing the appointment of designers and consultants for their prestigious project.

Deyaar has been recently in the forefront and has been actively finalizing projects and allianzes across the Saudi, Kazakhstan, Qatar and Indian real estate markets with focus on sustaining their growth through successful project deliveries and a deep understanding of the local markets.

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