Deyaar to showcase select properties at Cityscape 2009

1. Exhibit to include projects set for delivery in 2010; company stand located at Hall 4, D10
2. To provide customers with value-enhanced programmes in line with evolving market conditions

Deyaar Development PJSC, a regional real estate company dedicated to innovation, customer care and long-term sustainable growth, today announced that it will showcase select properties from its diverse portfolio, including projects set for delivery in 2010 at the upcoming Cityscape Dubai 2009, to be held at the Dubai International Exhibition Centre from October 5, 2009.

Deyaar will exhibit on all three days of Cityscape from its 270-square meter-stand located at Hall 4, D10. In line with the company’s 2009 business strategy, Deyaar will guide customers and investors on gaining optimal value from its various schemes, including the Deyaar Easy Payment Plan. The company will also provide assistance to customers in gaining access to the best mortgage financing options through its strategic partnership with seven of UAE’s leading banks.

Highlighting the company’s participation in the event, Markus Giebel, Chief Executive Officer of Deyaar, said: “Cityscape Dubai continues to be one of the most important business events for the regional real estate sector, as well as for global real estate companies interested in the long-term potential of this key emerging market.  We are delighted to take this opportunity to meet visitors from local and international markets at this critical juncture, as we enter a new era in the real estate business, here in the region and elsewhere.

“This event serves as the ideal platform for Deyaar to showcase some of its upcoming projects, while gauging market appetite for different product categories. We will also use this as an opportunity to get valuable feedback from investors that we can then incorporate into our business strategy for 2010. As one of the few regional developers with a strong project pipeline and a diversified revenue base, Deyaar is well positioned to adapt to changes in the marketplace. We look forward to another successful year of participation at this signal event.”

About Deyaar:

Deyaar Development PJSC is one of the fastest growing real estate companies in the region. Headquartered in Dubai, the company has grown significantly since its inception to evolve into a complete one-stop real estate solutions provider. Today, Deyaar stands at the forefront of the regional real estate sector, with interests in real estate development, property and facilities management, marketing and sales. Deyaar’s strategic solutions and deep market insights have helped create exceptional value for its investors. The company currently manages over 16,000 commercial and residential properties. Its operations are divided across four key business units, vis-à-vis, property development, lease management, asset management, and fund management divisions. Deyaar is well positioned to play a pivotal role in the development of the region’s property landscape. The company complies with the Escrow legislation and all relevant property laws in the UAE. Deyaar is registered with the Real Estate Regulatory Authority under reference number 15/07.