Deyaar Sells Out Residential Inventory of Newly-launched ‘The Atria' at Business Bay

• Registers Sales in Excess of AED500 Million within Hours

Dubai-UAE: 16 March, 2014 – Deyaar Development PJSC, a customer-focused, trusted and valued developer with in-depth market intelligence and property management expertise, today announced the sell-out of all the residential units at ‘The Atria’ in the Business Bay district.

The sales event held at the H Hotel on Sheikh Zayed Road registered AED500 million in sales within hours of opening.

The Atria boasts the ‘branded residences’ differentiator through bespoke design concepts delivered by UK-based yoo Studio founded by property entrepreneur, John Hitchcox and Philippe Starck, among the most acclaimed designers in the world. Unveiled on 9 March, The Atria is scheduled for handover by the Q1 of 2017.

Saeed Al Qatami, CEO of Deyaar Development, said: “Today’s event validates Deyaar’s capability to launch and develop projects that respond to existing market needs and provide exceptional value to customers. The unprecedented sell-out also reflects Deyaar’s position as a trusted real estate partner delivering customer satisfaction through quality projects. The location of The Atria, its features and attributes, our partnership with yoo Studio and the company’s unique payment plans are key factors that have contributed to the success we have already garnered for this project.”

For more details on the financing terms and processes for other Deyaar projects, please contact 800 DEYAAR (339227). Floor plans and the project layout for the units of sale are accessible online at www.deyaar.ae.