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Deyaar offers investment incentives to Dubai Government employees

Dubai-based developer, Deyaar Development, will offer an investment opportunity to Dubai Government employees, providing them with several incentives to become homeowners.

The initiative was developed to promote real estate investment among UAE nationals. Government employees will enjoy a 1% discount on the total sale value of their new property, and Deyaar will cover the cost of the 4% Dubai Land Department registration fee. These incentives also come with payment plans that offer down payments
from as low as AED34,000, with monthly instalments from AED4,400.

Available until mid-February 2018, the offer is applicable to homes purchased in Deyaar’s Midtown project. An integrated urban community in Dubai Production City, Midtown comprises 27 buildings, including studios, one-bedroom, two-bedroom, and three-bedroom apartments. The first two phases of the project are 20% complete, with Afnan District comprising 659 apartments, while Dania District has 579 apartments.

Saeed Al Qatami, CEO of Deyaar, said: “Our Midtown development has proven particularly popular with Emiratis, who represent 40% of our investors, further inspiring us to create the opportunity for Dubai Government employees to become homeowners in this exciting residential district. We’ve had positive feedback so far, and look forward to providing more UAE nationals with the opportunity to invest at affordable rates.”

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