Deyaar Development, a leading Dubai-based real estate company, has announced two new limited time National Day offers exclusive for Emirati customers looking to invest in its Midtown and Montrose projects.

A mixed-use development centrally located in the midst of Dubai’s International Media Production Zone, Midtown features a total of 27 buildings on a sprawling five million sq ft area.

With direct access to Sheikh Mohammed bin Zayed Road, one of Dubai’s arterial roads, the development is also conveniently situated within a 10-minute drive of Al Maktoum International Airport and the future Expo 2020 site.

Montrose is a mixed-use project comprising three towers, a hotel apartment complex and two residential towers where each tower will include three basement levels and 19 storeys.

Taking shape in Al Barsha South, the project is seven-minute drive from the Mall of the Emirates and 20 minutes away from The Dubai Mall with easy access to Umm Squeim road, Al Khail road and Mohammed Bin Zayed road.

Under the special offer, one-bedroom apartments within Midtown project will be available for a starting price of Dh5,000 ($1361) per month, said the statement from Deyaar.

For Montrose, the Dubai developer is offering a 4.4 per cent discount to potential Emirati purchasers on the overall price of any chosen unit.

On the new promotion, CEO Saeed Al Qatami said: "As a locally established company and a key player within the real estate sector, Deyaar is continuously working to articulate our leadership’s vision and strategies."

The deal, which is to commemorate the UAE’s 44th National Day, is valid only till December 31.

"We believe this offer will trigger greater interest among UAE nationals community to invest in the country’s real estate sector and enjoy promising return on investments. Such investments will shape a more sustainable economy that is well geared to capture developing trends and adapt to changing global realities," he added.

Through extending enabling investment options for young UAE nationals including newlyweds and young married couples, Deyaar said it was confident of providing them with a stronger sense of social stability that empowers them to build a secure life.

According to a recent report by Savills, a global real estate services provider listed on the London Stock Exchange and a constituent of the FTSE 250 Exchange, the UAE is ranked the second-best market in the world for investors in residential property, following the US.

Al Qatami said Deyaar was well-positioned to play a pivotal role in the development of the region's property landscape.

The company’s unrivalled portfolio of property offerings and services has firmly consolidated its pioneering status in the industry, he added.-TradeArabia News Service