Deyaar Announces Handover of ‘The Burlington' Commercial Tower at Business Bay in September 2013

• 35-Storey Tower Spanning 1,365,305 Million Sq. Ft. Features 476 Commercial Units

Dubai-UAE: 19 August, 2013 - Deyaar Development PJSC, a customer-focused, trusted and valued developer with in-depth market intelligence and property management expertise, today announced the handover of ‘The Burlington' - a 1,365,305 million sq. ft. commercial tower located within the most prestigious and sought after business community in Dubai, Business Bay – in September 2013.

Situated in a prime area adjacent to Sheikh Zayed Road and the Business Bay metro station, The Burlington will host some of the most esteemed names in the corporate world. Featuring 476 commercial units ranging from 530 sq. ft. - 2,019 sq. ft., the 35-storey tower was sold out within hours of its launch. The project includes a 4,300 sq. ft. lobby, as well as a shopping arcade spread across 19,750 sq. ft, and a 3,230 sq. ft. gym and sporting facility.

Saeed Al Qatami, Chief Executive Officer at Deyaar, said: “Business Bay is a location of choice for premium commercial and residential properties in Dubai. The Burlington was envisioned to meet the rising demand for office space in Dubai. The delivery of this project reflects our commitment to shaping unique communities that enrich the real estate sector of the country.

“We particularly appreciate the support extended by the concerned authorities. Their role was crucial to shaping a holistic development at The Burlington and the commencement of its handover. On our part, we have ensured top-quality construction of the development, which will surpass our end users' expectations and help gain attractive returns on investment for our unit owners.”

The delivery of The Burlington follows Deyaar's earlier handover of two developments in 2012 - 51@Business Bay, a state-of-the-art commercial tower with 164 commercial units, and the Oakwood Residency Tower at the International Media Production Zone (IMPZ).