Dubai Investments displays major projects at Cityscape
DUBAI, October 2, 2018
Dubai Investments, a leading diversified investment company, is set to showcase a myriad of its real estate projects portfolio including Mirdif Hills, a mixed-used project being developed by its subsidiary Dubai Investments Real Estate Company (DIRC) and Green Community DIP within the Dubai Investments Park, at the Cityscape Global expo in Dubai.
The company is also releasing 11 projects for sale and leasing including The Market Expansion which is located within Green Community in DIP and the Dh900-million ($245 million) DI Tower, a mixed-use tower on Sheikh Zayed Road, which is slated for a 2020 completion date.
The others on display include Al Kawthar building in Sharjah, Al Nahda 1, Al Nahda 2, and Al Nahda 3 Towers, Ritaj - a residential community in Dubai Investments Park, Al Mozna building in Qusais, a tower in Meydan and another in Al Barsha First, Al Hamriya Hotel, and Violet Tower in JVC.
Mirdif Hills, which is spread over a sprawling 1 million sq ft of land, has a mix of residential, commercial, and retail space, and is the only freehold development currently in Mirdif area of Dubai.
The project has a 4 million sq ft of built-up area that features a four-star hotel managed by Millennium Hotels & Resorts with 116 rooms, 128 serviced apartments, retail units, a 230-bed hospital, and around 1,500 apartments comprising a mix of studio, one-, two-, and three-bedroom apartments and 3 & 4 duplexes.
Construction on the project is progressing as per schedule with 50 per cent of the work already completed. At the Cityscape expo, interested buyers would be offer a 50 per cent DLD fee reduction.
The company is also showcasing Green Community DIP – West Phase 3, a beautiful ready-to-move-in project which is being developed in Dubai Investments Park through its subsidiary Properties Investment.
With an area of 1.48 million sq ft, the project boasts a total of 210 townhouses, 122 of which are four-bedroom and 88 are three-bedroom. It will also comprise 16 duplex apartments, retail units, recreational centres, swimming pools, a squash court, and landscaped areas, said the statement from the company.
During Cityscape, DIRC is launching special offers for its Green Community West 3, DIP project including giving tenants a free month when they rent for 12 months and a 100 per cent waiver off DLD fees on purchase of any unit.
Moreover, visitors to the company’s stand would benefit from a 30 per cent discount on furniture and accessories from Interiors LLC, a 30 per cent discount on selected carpets from Iwan Maktabi at The Dubai Mall, and a 15 per cent discount on Teka kitchen appliances at Al Garhood showroom, it added.-TradeArabia News Service