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Deyaar Breaks Ground 0n Flamingo Creek
DUBAI — Deyaar Development PJSC, a regional real estate company, announced that preparation and substructure works on its Flamingo Creek development are underway.
All units within the Dh1 billion real estate venture are sold, and the project is scheduled for delivery in 2011.
The Flamingo Creek is a unique low-density freehold project comprising 244 villa-style apartments and townhouses, spread over 500,000 square feet.
“As the first residential community in The Lagoons, the commencement of construction at Flamingo Creek marks an exciting step forward for Deyaar,” said Markus Giebel, Chief Executive
of Deyaar.
He added “This is a significant development and I believe Deyaar is well positioned to use its vast experience and capabilities in delivering a residential community that truly enriches the lives of its inhabitants.”
“Deyaar remains committed to growing its presence across Dubai’s master planned communities, while maintaining the highest levels of customer service and product excellence that has seen all its projects prove hugely attractive to both investors and end-users,” said Giebel.
— business@khaleejtimes.com
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