Deyaar Development Completes the Atria

Press release
Published July 24th, 2018 - 11:30 GMT
The Atria is the second project completed by Deyaar in 2018, following the handover of the Mont Rose in April.
The Atria is the second project completed by Deyaar in 2018, following the handover of the Mont Rose in April.

Deyaar Development, one of Dubai’s leading property developers and real estate service providers, has announced the completion of The Atria residential tower, with the handover process now imminent. The Atria is the second project completed by Deyaar in 2018, following the handover of the Mont Rose in April.

Located in Business Bay, The Atria is composed of two towers – 30-storey residential tower, and a 31-storey four-star hotel apartment tower.

Residents in The Atria enjoy amenities including a swimming pool and gym, with access to facilities in the adjoining serviced apartments tower. These include fine dining restaurants, a retail arena, and a central park-plaza atrium.

Saeed Al Qatami, CEO of Deyaar said: “The Atria is poised to become an iconic building, taking its place amongst the prestigious towers that Dubai’s skyline is composed of. With exquisite detailing to set it apart, The Atria is a stunning addition to Deyaar’s portfolio, and we are thrilled to announce the completion of the residential tower as the second project to be handed over this year. Deyaar is committed to delivering quality homes that go above and beyond our residents’ expectations.”

With total built up area of 1.4 million sq/ft, The Atria features 219 residential units split into one-bedroom, two-bedroom and three-bedroom apartments, with select three-bedroom duplex options and two luxurious four-bedroom penthouses. The hotel apartment tower is composed of 347 bespoke apartments, including studios, one, two and three-bedroom apartments, and three-bedroom duplex units.

Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), Deyaar is one of Dubai’s leading developers, with real estate ventures spanning key growth corridors and prime locations within the emirate. Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties, all offering the highest levels of service and quality.

Background Information

Deyaar Development

Established in 2002 with a paid up capital of AED 18.38 million, Deyaar has grown exponentially over the past decade to become one of the leading real estate development companies in the region, with a share capital of AED 5.78 billion following its IPO in May 2007.

 

 

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