FINANCIAL NEWS

Belhasa, Deyaar Development ink deal worth USD163m

24 Jul 2017

(MENAFN) Deyaar Development posted that it has given a Dh600 million pact to Belhasa Engineering and Contracting Company to its Afnan and Dania regions at Midtown project in Dubai.

Furthermore, the Midtown is considered an incorporated urban community in Dubai Production City, adding that the project contains launching 27 buildings with a built-up area to cover about 5 million sq ft.

Deyaar Development CEO revealed “Belhasa has a proven track record of delivering quality, premium properties, making them the ideal partner for the next phase of Midtown”s Afnan and Dania districts.”

According to the official, “Midtown is proving to be a popular development with over 70 per cent of properties already purchased off-plan, and we are eager to deliver in good time.”

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MENAFN2407201700450000ID1095651073

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