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Dubai Investments Commences Project ‘Mirdif Hills’

The leading and diversified investment company Dubai Investments PJSC also listed on the Dubai Financial Market has manifested the foundation layout of the Mirdif Hills project, developed by Dubai Investments Real Estate Company (DIRC), its real estate subsidiary.

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Picture Courtesy: www.arabianbusiness.com

Mirdif Hills, the project of Dh3 billion, is the only freehold one in Mirdif right now. It is a mixed-use residential, retail and commercial development extended around 3.9 million square feet and furnished with 1,054 apartments consisting of a combination of studio, one, two & three-bedroom flats, duplex units, a four-star hotel with 116 rooms and 128 serviced apartments and also a 230-bed hospital.

In the presence of Khalid Bin Kalban, Managing Director and Chief Executive Officer of Dubai Investments and Chairman of DIRC, Obaid Al Salami, who is the General Manager of DIRC, the groundbreaking ceremony was held onsite with company officials and representatives from the project contractors and consultants.

Khalid Bin Kalban, the MD and CEO says that the sales of Mirdif Hills were launched in December, which received exceptional response from investors and end customers, which is a great achievement for the project and it is also an endorsement of not only the featured project but also of Dubai Investments and DIRC’s track record. The launches of Janayen and Nasayem Avenues for sales are at the initial stage.

With the ceremony of groundbreaking, the Company is looking forward to driving the project into completion within the set time limit.

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Picture Courtesy: www.zawya.com

Mirdif Hills built in 2 phases is forecasted to be completed within the 4th quarter in the year 2018.

The real estate company of Dubai has on the offer of attractive payment plans for the project, where the investors can pay up to half during the construction phase and the remaining on its completion.

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