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Date: 07/05/2008


Deyaar unveils Oakwood Residency at IMPZ, Dubai

Deyaar, the fastest growing realty company in the region has unveiled Oakwood Residency, a Dh.450million residential tower at the International Media Production Zone (IMPZ) in Dubai.

Oakwood Residency offers 344 single and double bedroom apartments, few of which are inclusive of maid's accommodation and study room. Located amidst excellent residential and business community, the tower features vast array of amenities such as fully equipped gymnasium, separate sauna and steam rooms for men and women, rooftop swimming pool, ample parking space and round the clock security.

Potential buyers can avail a finance of upto 90 percent from a range of home finance providers, including Amlak, Abu Dhabi Commercial Bank, National Bank of Dubai, Dubai Islamic Bank and Tamweel.

Located in close proximity to most major destinations in Dubai, the 1-storey tower is likely to be ready by second quarter of 2010. Located conveniently off Emirates Roads, the residents of Oakwood Residency will get an easy access to the major gateways in the emirate such as Al Khail road and Sheikh Zayed Road.

Deyaar, already owns several plots in IMPZ and is one of the largest developer in the mixed-use community, situated in close proximity to Dubai Internet City, Dubai Landmarks, Mall of Emirates, Knowledge Village, Dubai Media City and the upcoming al Maktoum International Airport in Jebel ali.

"Oakwood Residency is another landmark project for this fast-paced company, which continues to reflect its commitment to customer service, timely delivery and product excellence. Oakwood Residency will be an unique opportunity for investors and homeowners to participate in the emirate's booming realty sector," said Saeed Al Qatami, the Managing Director of Deyaar.

Deyaar continues to maintain its leading position in the property development sector of Dubai, with most of its projects being sold within hours of launch. The projects of Deyaar enjoy a high demand in the secondary market, and spread across prominent locations in Dubai such as the Downtown Jebel Ali, Jumeirah Lake towers, Dubai Marina, Business Bay, and the like, where Deyaar is the single largest developer.


 

 
 

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