Deyaar Commences Handover of ‘The Burlington' Commercial Tower at Business Bay

Owners Take Possession of 476 Commercial Units at the 35-Storey Tower

Dubai-UAE: 28 September, 2013 - Deyaar Development PJSC, a customer-focused, trusted and valued developer with in-depth market intelligence and property management expertise, today announced the commencement of handover proceedings for 476 commercial units at ‘The Burlington'

Located within the most prestigious and sought after business community in Dubai, Business Bay, The Burlington adds 1,365,305 million sq. ft. of commercial space with units ranging from 530 sq. ft. - 2,019 sq. ft. 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. The units sold at this project exceeded AED 556 million and payments were received throughout the construction phase.

Saeed Al Qatami, Chief Executive Officer at Deyaar, said: “We are happy to announce the timely delivery of The Burlington units to our esteemed clientele. From the very beginning, our patrons have shown considerable faith in our capacity to meet deadlines and the quality we promised. The Burlington was envisioned to meet the rising demand for office space in Dubai. We will continue to remain committed to giving the unit owners the best real estate experience in the sector. As part of this priority, we have waived off the owner's association fees for the rest of this year.

“We would also like to thank the authorities for paving the way for the smooth turnaround of this project and look forward to building our development portfolio with their continued support.”

Situated in a prime area adjacent to Sheikh Zayed Road and the Business Bay metro station, The Burlington is set to host some of the most esteemed names in the corporate world.