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DIRC to launch second cluster of $816m Mirdif Hills

DUBAI, April 18, 2017

Dubai Investments Real Estate Company (DIRC) has announced that Nasayem Avenue, the second cluster of the ‘Mirdif Hills’ project  - which is situated at the centre of the project masterplan - will be launched for sales soon.

A real estate arm of Dubai Investments, DIRC said the Dh3-billion ($816 million) Mirdif Hills is the only freehold in Mirdif now with a mixed-use residential, commercial and retail development spread across 3.9 million sq ft .

It boasts 1,054 apartments – a mix of studio, one-, two-, three-bedroom apartments and duplex units - besides a four-star hotel with 116 rooms and 128 serviced apartments and a hospital with 230 beds.

The project is being showcased at the Cityscape Abu Dhabi exhibition, which continues till April 20 at the Abu Dhabi National Exhibition Centre (Adnec). A model of the development is also on show at the exhibition.

DIRC said the soon-to-be-launched Nasayem Avenue is surrounded by a gated community garden and a mix of residential buildings featuring apartments ranging from two- and three-bedroom units to three- and four-bedroom duplexes.

Being built in two phases across three clusters – Janayen, Nasayem and Al Multaqa Avenue - work on Mirdif Hills is progressing as per schedule and the project is expected to be completed starting fourth quarter of 2018.

According to DIRC, the excavation and shoring works for Janayen and Nasayem Avenue have been completed and foundation work is in progress.

Meanwhile, the piling works for Al Multaqa Avenue have been completed, it stated.

Obaid Mohammed Al Salami, the general manager of DIRC, said: "The demand for Mirdif Hills has been very encouraging - with end users showing a lot of interest in the project, particularly for the one-, two- and three-bedroom apartments as well as duplexes."

"Nasayem Avenue offers a unique mix of residential buildings and is set to generate investor interest. With its strategic advantages of location and amenities, Mirdif Hills is an exceptional project catering to the needs and demands of the market," he added.-TradeArabia News Service




Tags: Dubai | payment | DIRC | Mirdif Hills |

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