Dubai PR Network, Online Press Release from Dubai and Middle East
 
Marine Services(Shipping and Logistic)
Filter PR by
  
Deyaar Extends Footprint to Dubai Maritime City
 
Deyaar Extends Footprint to Dubai Maritime City

•    Acquires Mixed-use Development Plot Spanning 70,226.53 Sq Feet in Marina District

Dubai-UAE: 20 May, 2014 – In line with its strategy to focus on developing value-added projects in Dubai, Deyaar Development PJSC, the second-largest development company listed with the Dubai Financial Market, has inked a deal with Dubai Maritime City to acquire 70,226.53 sq feet of land located at the Marina District within the zone.

The sales agreement outlining the deal was signed between Saeed Al Qatami, Chief Executive Officer at Deyaar, and His Excellency Khamis Juma Buamim, Chairman of Dubai Maritime City.

The Marina District, one of the six distinctly purposed areas within Dubai Maritime City, includes a cluster of mixed utility spaces, as well as an impressive marina facility that is available for the charter and transit of yachts. The district includes a dry boat storage hangar, and can accommodate a transit system for ferries. The Marina District has been conceptualised as a leisure and entertainment hub within the zone, featuring a wide selection of restaurants, a 4-star hotel, waterfront retail outlets, and other community amenities.

Qatami said: “The Dubai Maritime Zone is an exciting new prospect in the emirate’s real estate landscape, and we are pleased to mark our presence there. The zone holds a unique character unlike other developments in Dubai, and is all-inclusive that raises its appeal as a place to visit and live in. The plot is well-positioned and will give us an opportunity to build a beachside project, which is new to our portfolio. We look forward to building a quality project that adds value to the Marina District, and the development as a whole.”

His Excellency Buamim said: “We have been attracting high interest from top developers in the region, and are glad to welcome Deyaar as one of our partners in progress. Since the Expo 2020 announcement, Dubai has seen a jump in leisure maritime activities. The Dubai Maritime Zone aims to develop an infrastructure that can support and promote this sector. We are confident that Deyaar will help us take this vision forward.”

Strategically located between Port Rashid and DryDocks World – Dubai , Dubai Maritime City is connected by a causeway to the wider road network, providing access to all of Dubai’s principle expressways including Sheikh Zayed Road.  

Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The developer has recently announced its entry into the hospitality sector with the launch of its new project, The Atria, a residential and hotel apartments development in Business Bay. A customer-focused, trusted and valued developer with in-depth market intelligence and property management expertise, Deyaar’s unrivalled portfolio of property offerings and services has firmly consolidated the company’s pioneering status in the industry.

-END-


Posted by : Dubai PR Network Editorial Team
Viewed 18367 times
PR Category : Shipping and Logistic
Posted on : Wednesday, May 21, 2014  12:25:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Internationally Renowned UAE Company Sparks Global Interest ...
Next Story : ADPC Maritime Training Centre first in GCC to be officially ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
BodyO launches officially its AiPod for a full body check-up during the Gitex Future Stars [12048-Views]
The World of Aigner Wunderkammer [11755-Views]
Halloween “Catwoman” mask using BROW products [9754-Views]
Fifi & Friends - Now available at more outlets across the UAE [8924-Views]
Corum Heritage Eleganza- Dedicated to the stylish woman [8430-Views]
BOLLYWOOD PARKS™ Dubai introduces 11 new shows with a new line up of performances from var... [8430-Views]
Win up to 250,000 Gold coins at Malabar Gold & Diamonds this festive season [8394-Views]
Michael Kors to Introduce a Special-edition Whitney Handbag for the Middle East [7979-Views]
Dubai's newest social hub - Bar Baar introduces ‘Thela Baar Brunch' [7247-Views]
Dubai Shopping Festival Returns With Much-awaited Mega Raffles [7235-Views]
Hour Choice presents Coach Park Collection (Suede straps) [6960-Views]
Sunglasses Trends for Fall/Winter 2018 [6771-Views]
Saddle Up With kate spade Fall 2018 [6747-Views]
Introducing the Nokia 7.1 to the UAE [6259-Views]
Scuderia Ferrari Aspire Watch Special Edition Gift Set [6198-Views]
W Motors and Safe City Group introduce the BEAST PATROL at GITEX: One of the most advance... [6167-Views]
Be Thankful with Tub of Butter This Thanksgiving [5954-Views]
CITIZEN Unveils 100th Anniversary Limited Edition Collection [5905-Views]
Sharjah Government pavilion highlights digital transformation of Sharjah at GITEX 2018 [5874-Views]
Rado DiaMaster Ceramos Automatic [5850-Views]
Neymar Jr. Partners With GaGà Milano as Brand Ambassador [5453-Views]
Toyota's legendary King goes urban with the 2019 Land Cruiser Grand Touring Edition [5008-Views]
L'oréal Among the Top 10 of Thomson Reuters Diversity & Inclusion Index [4953-Views]
Nissan to Make Official On-track Formula E Debut [4898-Views]
Trust Corine de Farme for Sulfate-Free Baby Products [4819-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories