Deyaar Development has announced plans to handover the Mesk and Noor Residential Districts – Phase 3 and 4 - of its Midtown master development in Dubai featuring over 900 residential units with a mix of studios, one-, two- and three-bedroom apartments.
The Mesk District handover will begin on February 14, ahead of its scheduled handover timeline, and move-in for residents will be permitted effective mid-February. The Noor District will be delivered as per schedule by the end of June, said a statement from Deyaar.
More than 95% of the units in Noor District have been already sold out, it added.
With this, the Dubai developer will complete the handover of more than 2,200 units across the four districts of the Midtown development.
Deyaar had earlier completed and handed over Afnan District in 2019, followed by Dania District in 2020. Over 1,100 families are currently residing in the Midtown Community, it stated.
Located in Dubai Production City near Sheikh Mohammed bin Zayed Road, Midtown is designed with community living in mind, creating a family-friendly environment replete with a wide range of amenities, it added.
CEO Saeed Mohammed Al Qatami said: "The handover of the Mesk and Noor Residential Districts of our iconic Midtown master community is a major milestone, and we are thrilled to reinforce our commitment to deliver ahead of our scheduled timeline of handover for our projects to ensure a world-class service for our key stakeholders, investors and customers."
"Mortgage solutions with up to 25 years of repayment plans are available for potential buyers in the Mesk District," he stated.
An integrated, multicultural residential project, the Midtown Development consists of 24 buildings across various districts, coupled with a retail boulevard with a wide array of 50 retail options spread across 63,000 sq ft area.
The project features convenience stores, laundry stores, pharmacies, supermarkets, multi-cuisine restaurants, cafés, leisure facilities, health clubs, sports courts, a one-kilometre jogging track, daycare facilities, and a 3,000 sq ft nursery.-TradeArabia News Service