Deyaar to start selling affordable housing in Dubai

30.03.2016
A minimum down payment and slightly over US $ 1000 monthly payments to attract investors in Dubai's IMPZ City.

While last week was full of ultra-luxury real estate projects launches, this week Dubai developers gave a credit to affordable housing sector.

Dubai’s International Media Production Zone (IMPZ) has been breaking records in a number of real estate transactions since the beginning of the year, according to imexre.com. And now the development is in focus of home buyers’ attention again due to the Deyaar’s recent announcement of the second phase apartment sales launch in its Midtown residential project in Dania District of IMPZ.

579 apartments ranging from 39 to 189 square meters will be located in six G+7 to G+16 residential buildings on the territory of Dania District having a total area of ​​90.285 square meters.

Studios, as well as one, two and three bedroom apartments will be offered at a very enticing price and with a quite convenient payment plan. Given the growing demand for the off-plan real estate properties, Deyaar is going to offer its customers luring payment plans with a 5% minimum down payment and further monthly payments of about $ 1,361. Some payment plans also presuppose that 25% of the property cost is paid during the construction period, and 75% upon handover.

Midtown by Deyaar residential development is strategically located in the dynamic area of IMPZ, with direct access to the Sheikh Mohammed Bin Zayed road, and Jebel Ali Port and Al Maktoum International Airport in close proximity.

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