Dubai Investments Real Estate to start sale of ‘Mirdif Hills’ project units soon

Press release

Published September 7th, 2016 - 04:54 GMT

DIRC General Manager Obaid Al Salami explaining the components of Mirdif Hills

Dubai Investments Real Estate Company [DIRC], the real estate arm of Dubai Investments PJSC [DFM: DIC], has announced that the residential units and retail components of its project ‘Mirdif Hills’ will be launched for sale soon.

Currently the only freehold development in Mirdif area, ‘Mirdif Hills’ is a mixed-use residential, commercial and retail development in Dubai spread across 4 million square feet and equipped with all lifestyle amenities and retail components.

A model of the development and project plans is being unveiled during Cityscape Global exhibition, which continues till September 8, 2016 at Dubai World Trade Centre.

‘Mirdif Hills’ comprises over 1,250 apartments – a mix of studio, one, two, three, four-bedroom apartments and duplex units, hotel, hospital, commercial options, retail outlets, community recreation strategically situated adjacent Mushrif Park and spread across four clusters: Al Multaqa Avenue, Janayen Avenue, Nasayem Avenue and South Avenue.

The project also includes a four-star hotel with 120 rooms in addition to 128 serviced apartments.

Obaid Al Salami, General Manager of DIRC, said: “Mirdif Hills will be a significant addition in the UAE property landscape and Dubai Investments Real Estate expects the demand to be strong. The company anticipates that the market will respond swiftly and positively to the project, which will consolidate DIRC’s presence in the real estate domain.”

Mirdif Hills is envisioned as a self-contained community and equipped with all modern lifestyle amenities such as swimming pool, clubhouse, playschool, internet facilities, coffee shops and children’s play area, in a 24-hour secured gated environment.

He added: “Over the last 10 years, DIRC has launched projects which offer good quality and value for money and the Mirdif Hills project is an iconic addition to this portfolio, with its unique blend of attractions and world-class amenities which provide tenants a comfortable community living experience in harmony with nature.”

The project reinforces DIRC’s growing eminence in the regional real estate sector, backed by its portfolio of residential, commercial, warehousing and labour accommodation units. DIRC is showcasing more details about the Mirdif Hills project at its Stand No. 3C10 during Cityscape Global.

Background Information

Dubai Investments

Dubai Investments PJSC is a leading public joint stock company listed on the Dubai Financial Market with over 16,771 shareholders and a paid-up capital of AED 4 billion. Incorporated in 1995, the Company has grown exponentially with investments in a number of businesses across a number of sectors, ranging from real estate, processing industries, mergers and acquisitions, healthcare, education to financial investments in the UAE and the Middle East. Dubai Investments continues to create positive economic impact and long-term value for its stakeholders by investing in sustainable, growth sectors in markets across the globe.