Deyaar Development PJSC (Deyaar), among Dubai's leading residential or commercial property designers and realty service providers, won the prestigious Best Real Estate Project - Affordable Real Estate Award for Midtown at the Gulf Property Honors 2018.

Midtown is a contemporary 1.2-million- square-foot combined utilized development with a built-up location of more than 5.7 million square feet in Dubai Production City, near to the Al Maktoum International Airport. The masterplan is created on an urban village principle, offered by a massive main yard on the platform level and a public retail and dining establishments space at the ground level, anchored by hospitality advancements. The easily located growth remains in close distance to Dubai metro stations, institutions, and mall, along with Mohammed Bin Zayed Road.

Talking on the company's win, Saeed Al Qatami, Deyaar CEO, said: "This award is a source of satisfaction for the Deyaar family members. Winning the very best Realty Project - Budget Friendly Real estate Award is testament to the innovation, commitment and teamwork of all our coworkers and Deyaar's commitment to providing the greatest requirements for our customers and investors. We will certainly continuously enhance our offering, and add to the UAE's aspiration for a solid economic climate and a natural society.".

Deyaar offers versatile payment plans across all the 3 stages including the very first instalment, construction settlements, and post-delivery settlements to urge financial investment in the expanding property industry in Dubai. Downtown deals with the economical housing market segment with greater than 63 percent of devices offered for less than AED 750,000.

Deyaar unveiled the initial phase of Midtown, the Afnan Area, in 2015, and the 2nd phase, the Dania District, in 2016. The Afnan District includes seven domestic growths, making up 659 house systems, and the Dania District features six domestic buildings, comprising 579 apartments. With over 90 percent of the systems sold, Deyaar is preparing to introduce the third area later this year.