Saturday, February 21, 2009

Deyaar confirms delivery of seven major Dubai projects in 2009

Deyaar, the leading property developer, has announced plans to deliver more than seven of its projects in 2009, constituting more than 1300 units of its diverse project portfolio.

The projects due for delivery this year are The Citadel -the commercial tower, and Hamilton Residency -residential tower, both located at Business Bay. Other projects due for delivery this year are Madison Residency - the residential project at TECOM, and Coral Residence, Jade Residence, Ruby Residence, and Saphire Residence, all located at Dubai Silicon Oasis.

The Chief Executive of Deyaar, Markus Giebel, remarked that this confirms the company's commitment to its investors and customers, despite the challenging conditions faced by the property sector.

Deyaar is well-placed to build on its current growth momentum and helps clients to overcome short-term constraints within the market. With the timely delivery of the projects, Deyaar is one again remaining firm on its commitment to meet the requirements of clients through comprehensive customer support strategy, such as enhanced payment support programme and individual bank financing assistance, he added.

Giebel mentioned that the projects are located along major growth corridors of Dubai, and Deyaar is pleased to deliver these quality projects during the year.

Being one of the fastest growing property companies in the region, Deyaar Development PJSC, currently is the foremost in the region's property sector, focusing on property development, facilities management, marketing and sales.

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