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Deyaar s Midtown residential project work on track
DUBAI, 6 hours, 19 minutes ago Deyaar Development, one of Dubai’s leading property developers and real estate service providers, has announced significant progress in the construction of the third and fourth phases of its Midtown integrated residential development in Dubai Production City. Located in the up-and-coming neighbourhood of Dubai Production City near Sheikh Mohammed Bin Zayed Road, the Midtown development comprises six districts spanning 24 buildings, across a built-up area of almost 5 million sq ft offering a multitude of amenities designed to prioritise community living in a family-friendly environment. According to Deyaar, the construction work in the third and fourth phases has so far reached 21 per cent and is progressing well ahead of the timeline.
PROJECTS: Dubai s Deyaar Development to announce new residential project in 2021 zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
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Dubai: Abu Dhabi and Dubai stocks eked out hefty gains on the first day of the new week, extending their recent rally triggered by a host of upbeat first-quarter results. The markets are expected to sustain the run of gains as companies have last few days left for earnings announcements.
Abu Dhabi Securities Exchange shot up 1.1 per cent at 6,218 points in what was its fifth advance in the last six sessions and its biggest single-day leap since the middle of last month. International Holding surged 3.6 per cent adding to its advances after the firm reported unprecedented top- and bottom-line numbers. Financial sector also did not lag with First Abu Dhabi Bank racing up 1.1 per cent and Abu Dhabi Islamic Bank and Abu Dhabi Commercial Bank joining in the rally.