Dania District at Midtown IMPZ - Midtown - International Media and Production Zone  

The Dania District is the second phase of Midtown, a large master-planned development by Deyaar in IMPZ. The Dania District will contain 6 buildings (ranging in height from 7 - 16 storeys) and will contain 579 apartments in total. The developer is introducing payment-plans which will have a 5% down-payment and offer monthly installment plans. The project's sales will commence on the 2nd of April 2016

Master Community: Midtown
Property Types Available: Apartments
Location: Mohammad Bin Zayed Road
Status: Under Construction
Year Launched: 2016
Estimated Completion Date: June 2019
Developer: Deyaar
Title Type: Freehold
Quality Classification: Mid-end
Height Classification: Mid-rise
Life Cycle: Under Construction
Under Construction Buildings: 6
Under-Construction Apartments: 569

Midtown - Project Feasibility from key Deyaar executives

 Published on May 30 2016   653 Views   More Videos

 Category: Investment Guide

Midtown - Project Feasibility from key Deyaar executives

Launching on 2nd of April 2016

Studio, 1 and 2 bedroom apartments. 5% down-payment. Monthly payment plans.

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About Dania District at Midtown IMPZ

Units are now for sale in the Dania District of Midtown, a brand new master-development located within IMPZ. Two payment plans are offered to buyers:

Payment Plan Option 1:

Down-payment of AED 10,000

During construction period, make monthly payments of AED 5,000 for studios, AED 6,000 for one bedrooms, AED 7,000 for two bedrooms and AED 10,000 for 3 bedrooms.

Whatever the balance is remaining is payable on handover.

Payment Plan Option 2:

* Prices are increased by 5%

Down-payment of AED 10,000

During construction period, make monthly payments of AED 5,000 for studios, AED 6,000 for one bedrooms, AED 7,000 for two bedrooms and AED 10,000 for 3 bedrooms.

On handover, the buyer will have to pay the balance amount to make the unit 60% paid

Remaining 40% is payable over 2 years following completion (quarterly payments of 5% each).

Prices as of October 2016

1 Bedrooms range in size from 775 - 1,085 sq. ft. Selling prices range from AED 692,000 - 934,000.

2 Bedrooms range in size from 1,059 - 1,469 sq. ft. Selling prices range from AED 936,000 - 1,209,000

Project Completion Status (as per DLD): 30.19% (as of 14 May 2018)

Dubai Land Classification & Escrow Account Details:

Land Number: 1025

Project Number: 1731

Real Estate Developer: Midtown

Trust Account Number: 001582111242501

Account Trustee Name: Dubai Islamic Bank

RERA Permit No : 15128

Brokerage Firm: Taktical Realty Group LLC

Positives of Dania District at Midtown IMPZ

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