Deyaar launches three projects at Dubai Silicon Oasis

Published April 5th, 2008 - 03:41 GMT

Deyaar, a growing real estate company, today announced the launch of three residential offerings at Dubai Silicon Oasis - Coral, Jade and Ruby Residences.


Located within the Dubai Silicon Oasis, Deyaar’s new offerings will be in close proximity of green parks, play area zones, exclusive shopping malls, restaurants and cafes, a community centre, and many academic institutions including Sheikh Zayed University. 


Saeed Al Qatami, Deyaar’s Managing Director – UAE Business, said, “We are committed to creating valuable opportunities for property investors in Dubai. Through our new developments, we offer home buyers the unique proposition of moving into their affordable apartments within just over a year of booking, a rarity in Dubai’s property market”.


Construction is already underway and the projects are on track with delivery expected in June 2009. The main construction contract has been awarded to Saleh Construction, a top-tier contracting firm in the UAE.


“The enormous investor turnout by customers at Deyaar’s project launches encourages us to continuously create valuable investment opportunities. The projects with the hallmark Deyaar seal of quality, transparency and assured timely deliveries along with a unique payment plan are likely to be very well received by our valued customers”, added Saeed Al Qatami.

Deyaar’s projects at Dubai Silicon Oasis offer a choice of 464 units comprising spacious one, two and three bedroom apartments, with the larger ones including a maid’s room. The new developments are targeting the value conscious end-user segment.  Accordingly, 80% of the total purchase amount will be due only at the handover stage, thus relieving customers from the financial burden during the construction stage.


Buyers can avail up to 90% finance through leading banks in the UAE, including First Gulf Bank, Dubai Islamic Bank, Amlak, and Tamweel.


The residential undertakings offer state-of-the-art amenities consisting of a large open-to-sky leisure deck in the courtyard that comprises a swimming pool, garden and a barbeque area. In addition, they will contain a multi-purpose hall and well equipped health club, along with ample parking space and 24 hours security.


Conveniently located off Emirates Road, Coral, Jade and Ruby Residences are positioned in close proximity to Dubailand, Dubai Outsource Zone, Dubai’s key business districts and are also well connected to the existing and upcoming airports. The area will be serviced by the Dubai Metro in the second phase.



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