{"id":41454,"date":"2017-01-22T16:39:43","date_gmt":"2017-01-22T09:39:43","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=41454"},"modified":"2017-01-22T13:49:47","modified_gmt":"2017-01-22T06:49:47","slug":"deyaar-set-to-develop-mixed-used-project-in-dubai-south","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deyaar-set-to-develop-mixed-used-project-in-dubai-south\/","title":{"rendered":"Deyaar set to develop mixed-used project in Dubai South"},"content":{"rendered":"


\nDeveloper Deyaar has signed an agreement on a new, 1.27 million square feet project within the district’s residential zone.A memorandum of understanding has been signed between the organisations to set up a 50:50 joint venture with a view to bringing forward the new mixed-use project, which will contain residential, retail and hospitality elements, the firms said. Dubai South is the master planned city formerly known as Dubai World Central that encompasses the new Al Maktoum International Airport and Dubai’s Expo 2020 site, which will become an exhibition district once the event concludes. Once the site is fully developed, it is expected to be home to about 1 million residents and 500,000 jobs. The developer is not the first major property firm to bring forward projects at Dubai South. Damac completed its first project there in October and MAG Property Developments is building its MAG 5 Boulevard project in the same area. In September last year, Emaar Properties announced that it had signed a joint venture with Dubai South to develop six districts containing more than 15,000 homes around an 18-hole golf course.Ahmed Al Ansari, the acting chief executive of Dubai South, said that its agreement with Deyaar “reiterates our commitment to continually expand our real estate portfolio”.Saeed Al Qatami, the chief executive of Deyaar Development, said: “Dubai South is part of the emerging urban landscape of the emirate and our participation in the residential district is Deyaar’s response to the call by the nation’s leaders for a thriving, dynamic living space that aspires for a cohesive society and a strong economy.”Deyaar is listed on the Dubai Financial Market. In early trading, the company’s shares climbed by 2.6 per cent to just over 67 fils per share.mfahy@thenational.ae
\n
\nSource : thenational.ae
\nRead more…Deyaar set to develop mixed-used project in Dubai South<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Developer Deyaar has signed an agreement on a new, 1.27 million square feet project within...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-41454","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-aMC","jetpack-related-posts":[{"id":41468,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deyaar-set-to-develop-mixed-use-project-in-dubai-south\/","url_meta":{"origin":41454,"position":0},"title":"Deyaar set to develop mixed-use project in Dubai South","date":"January 22, 2017","format":false,"excerpt":"\r Developer Deyaar has signed an agreement with Dubai South on a new 1.27 million square feet project within the district's residential zone.A memorandum of understanding has been signed between the organisations to set up a 50:50 joint venture with a view to bringing forward the new mixed-use project, which\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/deyaar-hands-over-1436-homes-and-hotel-apartments-across-three-dubai-projects\/","url_meta":{"origin":41454,"position":1},"title":"Deyaar hands over 1,436 homes and hotel apartments across three Dubai projects","date":"April 21, 2026","format":false,"excerpt":"\r The completed projects include Regalia in Business Bay, Jannat in Dubai Production City and Talia Residences in Al Furjan, covering residential, mixed-use and hospitality-linked units The post Deyaar hands over 1,436 homes and hotel apartments across three Dubai projects appeared first on Arabian Business: Latest News on the Middle\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24549,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-starts-work-on-408-unit-hotel-and-apartment-block\/","url_meta":{"origin":41454,"position":2},"title":"Dubai developer Deyaar starts work on 408-unit hotel and apartment block","date":"August 31, 2016","format":false,"excerpt":"\r Deyaar Development has started construction work on its 408-unit hotel and serviced apartment block close to the Mall of the Emirates.Dubai developer Deyaar said that the 70,800-square-foot block is expected to be completed by December 2017.The hotel will comprise 299 hotel rooms and 109 serviced apartments.Deyaar is already developing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":20308,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-posts-lower-second-quarter-profit\/","url_meta":{"origin":41454,"position":3},"title":"Dubai developer Deyaar posts lower second-quarter profit","date":"July 20, 2016","format":false,"excerpt":"\r Dubai's Deyaar Development reported a 30.1 per cent fall in second-quarter net profit on Wednesday, according to Reuters calculations.The company made a profit of Dh60 million in the three months to June 30, Reuters calculated from financial statements in the absence of a quarterly breakdown.This compares with a profit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":41903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-announces-52-q4-net-profit-fall\/","url_meta":{"origin":41454,"position":4},"title":"Dubai developer Deyaar announces 52% Q4 net profit fall","date":"January 25, 2017","format":false,"excerpt":"\r Company said full-year revenue increased because of progress on its The Atria and Mont Rose projects\r \r Source : arabianbusiness.com\r Read more...Dubai developer Deyaar announces 52% Q4 net profit fall","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30867,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-developer-deyaar-takes-to-the-road-in-india\/","url_meta":{"origin":41454,"position":5},"title":"Dubai developer Deyaar takes to the road in India","date":"October 20, 2016","format":false,"excerpt":"\r Deyaar has become the latest Dubai developer to target India as a subdued domestic market and a falling pound prompt property companies to look elsewhere for sales.This weekend the Dubai-listed Deyaar will showcase hundreds of apartments it is developing in the emirate at its latest Indian roadshow.\"India is a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41454"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=41454"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/41454\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=41454"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=41454"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=41454"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}