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Deyaar Development has announced plans to hand over Phases 3 and 4 of its Midtown master development in Dubai, Mesk and Noor Residences, comprising more than 900 residential units including studios, one-, two- and three-bedroom apartments.
The handover of the Mesk District will begin on February 14, ahead of the scheduled handover timeline, and residents will be allowed to move in, effective from mid-February. A statement from Deyaar said the Noor district would be delivered by the end of June as planned.
It added that more than 95 per cent of the units in Noor District have been sold.
With this, the Dubai developer will complete the handover of more than 2,200 units across the four districts of the Midtown development.
Deyaar had earlier completed and handed over the Afnan district in 2019, followed by the Dania district in 2020. It says more than 1,100 families currently live in the Midtown neighborhood.
Located in Dubai Production City near Sheikh Mohammed bin Zayed Road, Midtown has been designed with community living in mind, creating a family-friendly environment filled with amenities.
Saeed Mohammed Al Qatami, Chief Executive Officer, said: “The handover of the Mesk and Noor residences in our iconic Midtown Masters community is a major milestone and we are delighted to reinforce our commitment ahead of our project’s scheduled handover timeline delivery to ensure world-class service to our key stakeholders, investors and clients.”
“Potential buyers in the Mesco area can get mortgage solutions with repayment plans of up to 25 years,” he said.
Midtown Development is a mixed-use multicultural residential project consisting of 24 buildings in various districts and a retail avenue covering 63,000 square feet with a choice of 50 retail outlets.
The project includes a convenience store, laundromat, pharmacy, supermarket, multi-cuisine restaurant, cafe, leisure facilities, health club, sports fields, a one-kilometer jogging track, daycare facilities and a 3,000 sq. ft. crèche.-TradeArabia News Service
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