24
Jan
Deyaar to Handover Iconic Midtown Community with Completion of Mesk & Noor Residential Districts
Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, today announced plans to handover the Mesk and Noor Residential Districts – the Phase 3 and 4 of its award-winning Midtown master development in Dubai.
The Mesk and Noor Districts comprise over 900 residential units, including studio, one-, two- and three-bedroom apartments. The Mesk District handover will commence on February 14, 2023, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be handed over as per schedule by the end of June 2023.
With this, Deyaar will complete the handover of more than 2,200 units across the four districts of the Midtown development. The company had completed and handed over Afnan District in 2019, followed by the handover of Dania District in 2020. Over 1,100 families are currently residing in the Midtown Community
Located in Dubai Production City near Sheikh Mohammed bin Zayed Road, Midtown is designed with community living in mind, creating a family-friendly environment replete with a wide range of amenities.
Saeed Mohammed Al Qatami, Chief Executive Officer of Deyaar, said: “The handover of the Mesk and Noor Residential Districts of our iconic Midtown master community is a major milestone, and we are thrilled to reinforce our commitment to deliver ahead of our scheduled timeline of handover for our projects to ensure a world-class service for our key stakeholders, investors and customers. We take immense pride in welcoming new residents to our community. Midtown is unique project offering a blend of residential and retail options – extending a community that promotes secure family living with world-class lifestyle options.”
Deyaar has also announced that the mortgage solutions with up to 25 years repayment plans are available for potential buyers in the Mesk District, while more than 95% of the units in Noor District have been sold out.
“Across all our districts – Afnan, Dania, Mesk and Noor, we have maintained an exclusive standard of quality and finishing, and offering the best of convenience, amenities, and strategic proximity to major destinations within Dubai – making Midtown the ideal place to invest and live in. We expect increased traction for the last remaining units within the Mesk and Noor Districts with more investors and tenants moving in over the next few months.” Al Qatami added.
An integrated, multicultural residential project, the Midtown Development consists of 24 buildings across the various districts, coupled with a retail boulevard with a wide array of 50 retail options spread across 63,000 square feet, featuring convenience stores, laundry stores, pharmacies, supermarkets, multi-cuisine restaurants, cafés including big brands such as Carrefour, Burger King, Pizza Hut, All Days, among others.
Midtown spans a total construction area of 5.5 million square feet divided into various districts with contemporary residences designed to offer a modern urban living experience. The development hosts a central garden that includes leisure facilities, health clubs, sports courts, one-kilometer jogging track, daycare facilities, and a 3,000 square feet nursery. Considering the size of the master community, this project offers six pools for family and children, along with a wide array of amenities on the podium level.
Deyaar also revealed that the construction of a 400 square meter mosque within the Midtown Development will commence in the second quarter of 2023 accommodating about 300 worshippers, including men and women. The mosque design is envisioned with a modern twist focusing on drawing natural light to enhance the feeling of spirituality and calmness.
Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties with the highest levels of service and quality. Its iconic residential and commercial real estate ventures span major growth corridors and prime locations in Dubai, including Dubai Marina, Dubai Science Park, DIFC, Jumeirah Lake Towers, Dubai Production City, Dubai Silicon Oasis, and TECOM.