Business Bay Continues To Expand With The Citadel

Despite the world economic melt-down Business Bay Dubai continues to expand! The latest addition to the completed towers at Business Bay is Deyaar Development's spectacular Citadel. The following is a press release with all the details:

Dubai, July 15, 2009: Fulfilling its commitment to hand over seven projects in 2009, Deyaar Development, a regional real estate company dedicated to innovation, customer care and long-term sustainable growth, today announced that it will hand over in August all units at The Citadel, its premium 41-storey commercial tower located in the Business Bay master development.

The Citadel comprises 565,000 square feet of office space, including 406 state of the art contemporary commercial units and 29,000 square feet of retail. The project is strategically located within minutes of Sheikh Zayed Road, the upcoming airport in Jebel Ali, and all major shopping malls and business clusters in Dubai. The Citadel is one of the first projects to be delivered in the Business Bay master development.

"With the hand over of The Citadel, Deyaar Development will have successfully fulfilled its hand over commitments for 2009," said Markus Giebel, Chief Executive of Deyaar.

"At Deyaar Development Company we have consistently set high benchmarks of quality and value in our projects, and The Citadel is no different. As one of the largest developers in Business Bay, Deyaar Development Company's projects occupy a place of prominence within this master development. We are confident that the design and quality of The Citadel will prove to be extremely beneficial to all businesses and commercial establishments operating from the tower," said Giebel.

Deyaar will also host an orientation program for all customers on July 18, 2009 at 11:00am ahead of the final delivery. The orientation program will be used to update customers with the final documentation procedure for their respective units to discuss the building operating budget and facilities management contract. Additionally, an explanation of the building systems, amenities and personnel will also be provided.

The Citadel is the latest in the line of high quality projects completed and delivered by Deyaar in the past few years. Facilities at the project include 24-hour security and ample parking space, among others.

I think this is great progress for Business Bay and for Dubai overall. It shows the world that despite hard financial times Dubai will continue to expand to become a leading world business hub. Master developments like Business Bay and Dubai International Financial Centre will make Dubai the primary business center of the Middle East.

This link takes you to the Deyaar website:

http://www.deyaar.ae/