Construction is underway, projects to be ready in June 2009

Dubai - Responding to the strong demand for its superior quality offerings, Deyaar, the region's fastest growing real estate company, today announced the launch of three prominent residential offerings at Dubai Silicon Oasis - Coral, Jade and Ruby Residences.

Located within the thriving and inhabited community of Dubai Silicon Oasis,Deyaar's new offerings will be in close proximity of green parks, play area zones, exclusive shopping malls, restaurants and cafes, a community centre, and many academic institutions including Sheikh Zayed University.

Saeed Al Qatami, Deyaar's Managing Director - UAE Business, said, "We are committed to creating valuable opportunities for property investors in Dubai. Through our new developments, we offer home buyers the unique proposition of moving into their affordable apartments within just over a year of booking, a rarity in Dubai's property market".

Construction is already underway and the projects are on track with delivery expected in June 2009. The main construction contract has been awarded to Saleh Construction, a top-tier contracting firm in the UAE.

"The enormous investor turnout by customers at Deyaar's project launches encourages us to continuously create valuable investment opportunities. The projects with the hallmark seal of quality, transparency and assured timely deliveries along with a unique payment plan are likely to be very well received by our valued customers", added Saeed Al Qatami.