One of Dubai’s leading property developers Deyaar Development (Deyaar) has begun the construction on the third and fourth phase within its award-winning Midtown community after awarding a $100.7 million contract to the primary contractor Gammon & Billimoria LLC.
Deyaar has also concurrently opened the sale for the third phase of the project which is named ‘Noor District’. Once completed in Q4 2022, the Noor District will include seven buildings with studios, apartments, F&B options, sports facilities and vast green spaces.
The sale of the project includes an initial payment of 10 percent and several settlement plan options extending for up to 10 years supported under the Deyaar Flexi Programme.
Phase three and four of the Midtown community project is expected to will add more than 32,000 square feet of retail space to the development.
“At Deyaar, we take our commitment to providing affordable, high quality residential and mixed-use developments very seriously. To this end, we designed Midtown to not only provide residents with an ideal home but to ensure that they could enjoy community living with all the basic amenities close to them. After the successful delivery of the first two phases, we believe this is the right time to start construction on the new districts. We have received excellent responses and we look forward to completing yet another top-notch development under our flagship Midtown development as we continue to deliver value to Dubai’s residents and business sector.”
For his part, Khalid Ababneh, Vice President, Projects and Engineering at Deyaar Development, said: ‘Designed to be an integrated community in Dubai Production City, Midtown boasts over 30,000 sq ft of retail space between the ‘Dania’ and ‘Afnan’ districts and encompasses an anchor supermarket, nursery, restaurants, ladies and gents’ salons and a pharmacy. The combination of retail tenants has been meticulously selected to provide Midtown and Dubai Production City residents the most suitable retail mix with eight outlets expected to be operational within the next few months. Residents also have access to amenities such as swimming pools, tennis and basketball courts and walking tracks offering a safe environment for recreation and interactions. Furthermore, the development also has ample visitor parking as well as podium blocks and a number of relaxing green nooks.’