Deyaar to showcase Central Park development
Dubai, September 27, 2011
Deyaar Development, a regional real estate company, announced that it will showcase its Central Park development at Cityscape Global 2011.
A premier integrated development located within the Dubai International Financial Centre (DIFC), Central Park is the centrepiece of the company’s 195 sq m pavilion at Cityscape, which opened today (September 27) and will go on till September 29. It is being held at the Dubai Ineternational Convention and Exhibition Centre.
Strategically located off Sheikh Zayed Road, with easy access to the Burj Khalifa district and the DIFC metro station, this project includes a 45-storey, 877,000 sq ft commercial tower, and a 47-storey, 558,000 sq ft residential tower, the company said in a statement.
In addition, the development consists of exclusive retail outlets offering a host of world renowned brands and boutiques under one roof.
Central Park is a joint venture project between Deyaar and Dubai Properties Group, a member of Dubai Holding, with both partners holding 50 percent ownership. Construction of Central Park is currently underway, with 75 percent of the project already completed.
“As Central Park nears completion, the development stands out among the many new high-quality projects in the DIFC district for successfully meeting the evolving needs of businesses and residents alike,” said Saeed Al Qatami, CEO of Deyaar.
“Combining premium commercial and exquisite residential spaces, Central Park is an outstanding high-value investment opportunity from two of the UAE’s most respected developers,” he said.
The residential tower at Central Park consists of 426 units, including studios and one- and two-bedroom apartments, as well as a range of luxurious two- and three-bedroom duplexes and penthouses offering panoramic views of the Burj Khalifa, DIFC district and Sheikh Zayed Road.
Amenities at the development include swimming pools, outdoor Jacuzzi, a water feature at podium deck, restaurants with exceptional views on the highest level of the commercial tower, and advanced security systems, the statement said . – TradeArabia News Service