Sunday 19 January 2020

Deyaar completes work on Millennium hotel apartments

DUBAI, October 10, 2019

Deyaar Development, one of Dubai’s largest property development and real estate services companies, today (October 10) announced that the work on its Millennium Executive Apartments Mont Rose is now completed and expected to be operational this October.

Developed in co-ordination with Millennium Hotels & Resorts, one of the fastest-growing hotel management companies in the region, the prime property features 126 one-bed and 72 studio apartments across 20 floors along with a grab-and-go dining service, said the statement from Deyaar.

It is part of the three-tower Mont Rose development located in Dubai Science Park in Al Barsha South, it added.

Deyaar’s Millennium Executive Apartments Mont Rose project is accessible via Dubai’s main roads – Al Khail Road, and Mohammed Bin Zayed Road and is just minutes away from Mall of the Emirates and Miracle Garden.

On the new venture, CEO Saeed Al Qatami said: "Millennium Mont Rose is another contribution we are proud to make to Dubai’s hospitality scene, in support of Dubai Tourism Vision 2020. The diversification of hospitality offerings in the emirate will create further appeal to a diverse range of tourists, who are keen to find residences that cater to their specific needs."

This development is a further addition to Deyaar’s hospitality portfolio and the increasing diversification of the company, he stated.

Hospitality will be a cornerstone to Deyaar’s long-term vision in delivering sustainable returns to its shareholders and in supporting the creation of employment in the city of Dubai, he added.  

Millennium Hotels and Resorts CEO (Middle East and Africa) Kevork Deldelian said: "This is the third hospitality collaboration between Millennium and Deyaar, and the second Executive Apartments amongst our Dubai’s properties."

Building on its longstanding reputation for successful commercial and residential property development, Deyaar has, in recent years, expanded its property management and facilities management divisions, as well as allocated up to 1 million sq ft for hospitality projects.-TradeArabia News Service


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