Deyaar bookends Midtown development with hotels
A 5.5 million square metre project being developed between the downtown and uptown areas of Dubai is to feature two hotels.
Deyaar Development unveiled plans for the 5.5 million square Midtown by Deyaar at the Cityscape Global event in Dubai yesterday.
The development will include a total of 27 buildings, with two hotels on the northern and southern tips, along with 13 separate residential buildings on the east side of the development, and 12 buildings clustered into four groups. All the buildings will share a one level podium covering retail, parking, and essential services.
It will be located adjacent to Jumeirah Golf Estates on the southern end, overlooking Sheikh Mohammed Bin Zayed Road, with Dubai International Media Production Zone opn its eastern side. It will be located 10 minutes away from Al Maktoum International Airport and 15 minutes from the city centre.
“Midtown will continue Deyaar's tradition of quality projects taking design-led luxury living to a new level in the region. This project will create a distinctive 'cultural' ambience that enriches the lifestyle of its occupants,” said Deyaar CEO Saeed Al Qatami.
“Deyaar's strategy to continue diversifying its portfolio of developments and services has helped the company establish itself as a pioneer in the local real estate market. And through its collaboration with global real estate experts, Deyaar has proven its commitment to innovation and creativity.
“Designed by OMA, which enjoys an impeccable reputation in architectural design, Midtown is a sterling example of Deyaar's ongoing priority to bring to market best in class real estate offerings."
The mixed-use development has been designed by Dutch architect, architectural theorist and urbanist Rem Koolhaas, who is also Professor in Practice of Architecture and Urban Design at the Graduate School of Design at Harvard University.
Deyaar said it was following the example of cities such as Atlanta, Toronto and New York by developing a midtown project.