Dubai, UAE: Deyaar Development PJSC (“Deyaar”), one of Dubai’s leading property developers and real estate service providers, has announced the completion of The Atria residential tower, with the handover process now imminent. The Atria is the second project completed by Deyaar in 2018, following the handover of the Mont Rose in April.

Located in Business Bay, The Atria is composed of two towers – 30-storey residential tower, and a 31-storey four-star hotel apartment tower.

Residents in The Atria enjoy amenities including a swimming pool and gym, with access to facilities in the adjoining serviced apartments tower. These include fine dining restaurants, a retail arena, and a central park-plaza atrium.

Saeed Al Qatami, CEO of Deyaar said: “The Atria is poised to become an iconic building, taking its place amongst the prestigious towers that Dubai’s skyline is composed of. With exquisite detailing to set it apart, The Atria is a stunning addition to Deyaar’s portfolio, and we are thrilled to announce the completion of the residential tower as the second project to be handed over this year. Deyaar is committed to delivering quality homes that go above and beyond our residents’ expectations.”

With total built up area of 1.4 million sq/ft, The Atria features 219 residential units split into one-bedroom, two-bedroom and three-bedroom apartments, with select three-bedroom duplex options and two luxurious four-bedroom penthouses. The hotel apartment tower is composed of 347 bespoke apartments, including studios, one, two and three-bedroom apartments, and three-bedroom duplex units.

Listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB), Deyaar is one of Dubai’s leading developers, with real estate ventures spanning key growth corridors and prime locations within the emirate. Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties, all offering the highest levels of service and quality.

-Ends-

About Deyaar

Deyaar Development PJSC is a leading real-estate developer and real-estate services company, headquartered in Dubai. Since its establishment in 2002, the company has registered exponential growth to become an industry leader in the region, with a share capital of AED5.78 billion. Deyaar is well-positioned to play a pivotal role in the development of the region's property landscape. The company’s in-depth market intelligence, world-class services and unrivalled property management support for communities across diverse portfolios have firmly consolidated its pioneering status in the region’s real estate landscape. Combining excellence with a vision to create natural living environments while placing customers at the core of its strategies, Deyaar serves as a one-stop real estate solutions provider. Under this profile, its scope includes the delivery of end-to-end property development and property management services across the UAE. Deyaar provides facility management services for its portfolio of commercial and residential units. The company spearheads an association management team to ensure the wellbeing of Deyaar’s homeowners as a key priority. Deyaar complies with the escrow legislation and relevant property laws in the UAE, and it is registered with the Real Estate Regulatory Authority under reference number 15/07.

For further information, please contact:

Khalid Yahya

Ala Hassan

ASDA’A Burson-Marsteller

Deyaar Development PJSC

Dubai, UAE

Dubai, UAE

+ 971 4 450 7600 

+971 4 384 0950

khalid.yahya@bm.com

alah@deyaar.ae

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.