New Beachfront Projects for Dubai by Deyaar

Property developer Deyaar, second-largest development company in Dubai Financial Market has signed new deal with Maritime City to take over more than 70K sq ft of land located at the Marina District within the zone with plans to build a new beachfront project here.

The deal was signed by Saeed Al Qatami, CEO of Deyaar, and Khamis Juma Buamim, chairman of Dubai Maritime City.
Location has been conceptualised as a leisure and within hub within Dubai Maritime City with wide selection of restaurants, waterfront retail outlets, four star hotel and other entertainment & community amenities. Deyaar made a consolidated net profit of AED 52.1 million Vs  AED19.4 million in the corresponding quarter in 2013 having doubled revenue within a year.