Arady Developments to Commence Sales of Residences at Central Park in DIFC

• Pre-Sale Online Registration Open until 11 September
• Two Day Sales on 14 and 15 September for Limited Number of Units

Dubai-UAE: 7 September, 2013 – Arady Developments LLC (Arady), a joint venture between Deyaar Development PJSC (Deyaar) and Dubai Properties Group, today announced a two-day sales event for the 48-storey residential tower, part of its Central Park project at DIFC, is set to release a limited number of units for on-the-spot booking.

To be held on 14 and 15 September from 9am – 6pm at the Ritz-Carlton Hotel in DIFC, the exclusive event invites potential investors to register online from 8 - 11 September for cutting down on waiting time at the venue. Additionally, the venue will host a registration desk for walk-in investors.

Located in a prime area in DIFC, off Sheikh Zayed road, the Central Park residential tower is spread across nearly 575,000 square feet and comprises 426 apartments. Insightfully conceptualised to reflect the upscale lifestyle of its residents, the tower is part of Arady's ambitious Central Park project, a unique development spanning over 1.57 million square feet of commercial and residential space.

The residential tower comprises plush studio, one and two bedroom apartments, as well as two and three bedroom duplex, and triplex penthouses. The project is scheduled for completion in the second half of 2014.

Details on the floor plans and project layout are accessible online at www.centralpark.ae. Further information on prices, payment plans and availability of the apartments will be provided at the sales event. Interested buyers are required to present a valid passport in order to proceed with bookings at the venue.

Speaking ahead of the sales event, Arif Mubarak, CEO, Arady Developments, LLC, said: “We, at Arady, are positive that the sales event will attract a good number of potential buyers. The project is an outstanding high-value investment opportunity, catering to the needs of companies and individuals alike for such niche spaces. We are confident that the residential tower at DIFC will provide an inimitable living experience to residents looking for a smart address.”

In line with the partnership agreement, Deyaar will manage the sales and marketing of Central Park, while Dubai Properties Group oversees the development of the project.