Square Yards, Deyaar tie-up to showcase property for Indian investors

Dubai's leading real estate developer, Deyaar Development PJSC, announced an exclusive property showcase event in Mumbai for its Dubai's properties on the May 7th and 8th, where it will host a property showcase along with India's leading real estate aggregator Square Yards.

Deyaar is one of Dubai's largest developers listed on the Dubai Financial Market and majority-owned by Dubai Islamic Bank (DIB) with real estate ventures spanning key growth corridors and prime locations within the emirate.

Over the years, Deyaar has delivered an extensive portfolio of commercial and residential properties, all offering the highest levels of service and quality. At the property showcase in Mumbai, It'll be offering pre-leased properties at Ruby Residencies located in Dubai Silicon Oasis and off-plan properties at Midtown - a signature township located in the International Media Production Zone (IMPZ) sprawling over five million square feet of development.

"We will be offering best in the class luxury to Indian investors at prices that will work out to be lower than Mumbai when you calculate the total cost of ownership. There are pre-leased apartments on offer where the client rentals will exceed their EMI payments from day one. For under construction (off-plan) properties, our payment plans are best offered by any developer in Dubai - even Mumbai projects don't offer such payment plans. Combined with low cost of home finance at 4.99 percent, lease assurance and smaller down payments, we are bringing some irresistible offers for Indian customers," said Vice President-Sales at Deyaar, Nasser Amer.

Dubai's real estate has been robust over the years with its ability to provide attractive inflation-adjusted returns apart from high rental yields and reasonably liquid investments at low interest rates.

A person need not hold any type of residency or similar permit in order to purchase property in Dubai. This makes it a melting point for investors from all over the world including the Indian community who have become the most prolific investors in Dubai's realty market by investing nearly USD four billion in 2015 alone.

Square Yards, India's largest real estate aggregator, has entered into an exclusive partnership with Deyaar to market these properties in India. Talking about the association, Kanika Gupta Shori, COO at Square Yards said, "We are very happy to associate with Deyaar - a developer of global repute. Its products are expected to find chord with Indian customers, who are increasingly looking at international destinations for better returns on investments and high yields.