Dubai Properties Group registers strong business performance in 2011

Dubai Properties Group’s (DPG) a member of Dubai Holding has witnessed strong business performance across its real estate portfolios since the beginning of 2011. 

Occupancy of the built-to-lease properties at Ghoroob and Shorooq in Mirdif has exceeded 80 per cent. Elsewhere, Layan and Al Khail Gate have both touched the 90 per cent occupancy mark and the Nuzul staff accommodation is now 93 per cent leased. 

In addition, DPG’s retail offering at Bay Avenue in Business Bay is open for business, with Spinneys and other outlets welcoming customers.  Additionally, over the past nine months DPG has made significant investments in infrastructure and facilities within its communities. 

Concurrently, the hand-over of homes to buyers in DPG’s REMRAAM® community is accelerating alongside the delivery of properties at The Villa Phase 2. 

Khalid Al Malik, Group Chief Executive Officer, Dubai Properties Group said: “Our success is due to our continuing focus on being competitive on price and providing quality homes and business outlets. We will continue to develop and deliver projects in line with market demands, prioritising the needs of our customers and stakeholders.” 

As part of DPG’s focus on customer service, the company has introduced a number of new initiatives during 2011, including a Smartphone App as well as the improvement of its web site functionality and content to make it more user-friendly. 

Dubai Properties Group has a spectrum of residential, commercial and mixed-use developments that include Business Bay, Jumeirah Beach Residence, Al Waha, Layan, REMRAAM, and Ghoroob and Shorooq, in Mirdif.