Latest Projects By Deyaar
Starting Price: 547.4k AED
Location: Dubai Production City
Starting Price: 703.9k AED
Location: Dubai Production City
Deyaar Properties
UAE’s one of the most leading real-estate company “Deyaar Development” was founded in 2002 with a total capital of 18.38M AED and boosted its assets to 5.788 AED by 2007.
According to UAE Real-estate business reports, “Deyaar Development” is one of the UAE’s most dominant and successful property developers. According to the survey, Deyaar developed over 16,000 residential and commercial units across 700 buildings nationwide.
Deyaar’s CEO is Mr. Abdullah Ali Obaid AlHamli, who leads the company and is responsible for all management. In a single word, he got a Multi-dimensional role. Mr. Al Hamli is a highly admirable and skilled professional, honored as a board member and managing director of Dubai Islamic Bank, United Arab Emirates.
Due to Mr.Al Hamli’s dedication and hard work, the company has achieved several awards for its high standards and visionary ideas.
Some of the best awards include the 2019 Construction Innovation and Best in Technology Innovation, the 2018 Gulf Real Estate Awards in Best Real Estate Project, the ICT Achievement Awards in Technology Innovation & Strategy category in 2017 and many others.
Deyaar Properties Projects
Deyaar completed many projects that transformed the UAE’s real estate market. Some of the leading and successful projects of the company include: Deyaar Regalia, The Atria, and Midtown by Deyaar.
Featured Communities
Al Furjan
Dubai Production City
Business Bay
Deyaar Regalia
Deyaar Regalia is a 70-story residential tower with over 900 luxury properties, studios, apartments, and penthouses. Property sizes range from 40 to 407 square meters. The starting price of Homes is 627,000 AED (USD 171,000). The project is located in the Business Bay area, surrounded by retail stores, cafes, 5-star restaurants and luxury shopping malls.
All apartments have excellent facility management, a modern European-style kitchen, advanced technology appliances, high-end plumbing, and panoramic windows dominating the skyline of modern Dubai. The Residences is fully furnished and sold with a complete set of furniture. Residents can use the landscaped pool, gym with state-of-the-art equipment, and yoga pavilions.
The Atria
The Atria is one of the most modern apartments by Deyaar developers in the complex in Business Bay. It has two high-rise towers, one of which is the 4-star Millennium Atria Business Bay Hotel, and the other is the Atria Residences apartment complex.
The Atria Tower has 30 floors with 219 luxury and state-of-the-art studios and 1-3 bedroom apartments. The project’s development started in 2014 and was successfully finished in 2018.
Properties range in size from 54 to 83 square meters. The Price of housing starts from 750,000 AED (205,000 USD). Meanwhile, the average annual rental Price for apartments at Atria is 74,000-85,000 AED (20,000-23,500 USD).
At the disposal of the complex, residents can avail themselves of the facility of two high-speed elevators, private parking, a state-of-the-art fitness center and gym, a tennis court, a pool, and 24-hour security service.
- Al Furjan
- Dubai Production City
- Business Bay
MidTown by Deyaar
Midtown by Deyaar is a Major development project in Dubai Production City (formerly named as International Media Production Zone). The project concept was unveiled in 2014 at the Cityscape real estate exhibition and its development started in August 2017.
There are several other developments in Dubai called ‘Midtown’.
This integrated urban community near Sheikh Mohammed bin Zayed Road comprises six districts comprising 24 buildings with a built-up area of almost five million square feet. The accommodation includes luxury, elegantly designed studios and one-bedroom, two-bedroom, and three-bedroom apartments.
If we talk about transport and access, then Midtown by Deyaar is the best to live. From Midtown by Deyaar, it takes 20 minutes to drive to Dubai Mall, 25 minutes to Palm Jumeirah, 20 minutes to Burj Al Arab and 25 minutes to The Walk JBR. The famous Dubai International Airport (DXB) is just 4o-minute’ drive away, and the new Al Maktoum International Airport is roughly 30 minutes away. Not only this but Midtown by Deyaar is situated within easy access to Dubai’s highway, Sheikh Mohammed Bin Zayed Road (E11), so most places in Dubai are easily accessible by car.
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FAQ
Most frequent questions and answers
What is the property market trend in UAE?
The UAE’s real estate sector contributes around 5.5% of the GDP of the country, and it has been on the rise since 2022 as both rental rates and home prices have increased. Dubai’s transaction volume reached its highest level for the first quarter ever observed in the area in the first quarter of 2022.
What are the main types of investment properties in Dubai?
In Dubai, investors can choose between villas, apartments, townhouses, penthouses, duplexes, and plots and lands.
What are the main areas for foreigners to buy property in UAE?
In Dubai, there are specific zones where foreigners can purchase real estate. These locations, such as the Palm Jumeirah, Downtown Dubai, Dubai Marina, Arabian Ranches, and Jumeirah Beach Residence, are decided upon by the Ruler of the Emirate of Dubai.
Can I live in Dubai if I buy a property?
Real estate purchases in Dubai may result in the buyer receiving a residence permit. The property must be finished at the time of purchase and worth at least AED 1 million to qualify for the UAE investor visa program. Dependents may also be sponsored by real estate purchase residence visa holders.
What is the future of real estate in the UAE?
The real estate industry in the UAE is anticipated to increase by 2.97% between 2023 and 2028, reaching a market volume of US$0.80 trillion by that year. The important characteristic that makes the UAE a desirable location for real estate investment is what is driving this expansion.
How to invest in UAE real estate?
Here are some tips to invest in UAE real estate:
- Know About Different Property Types and Their Worth
- Research the Market Status and Risks
- Property Investment in Dubai
- Don’t Sacrifice Location
- Choose Areas with High Rents and Demand
- Spend Time in the Area
- Luxury Property Buyers Should Have Financial Resources
- Investing in Residential Properties Offers Shortcuts for Legal Residency
- Seek Expert Advice When Investing in Dubai Real Estate
Can foreigners invest in real estate in Dubai?
Yes, foreigners are permitted to purchase real estate in the UAE. There are, however, certain geographical limitations. Citizens of the UAE or the Gulf Cooperation Council (GCC) may buy real estate anywhere in Dubai.
Is there a property tax in Dubai?
There is no taxation on owning properties in Dubai.
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