Deyaar Development has launched an initiative to provide saving opportunities for UAE nationals which will be available on various units within its Midtown project in Dubai.

The initiative will coincide with the UAE Flag Day and aims to encourage Emiratis to make the right savings choices when purchasing property and take advantage of a range of generous promotional offers with reduced monthly installments.

It will also provide complementary property management services for the first year and tailor made mortgage finance solutions at sites within the project.

The campaign will offer a variety of studios, one-, and two-bedroom residential units in Deyaar’s Midtown development.

UAE nationals can enjoy discounted down-payments starting from nearly $20,000 (AED74,000), and monthly payments from about $305 (AED1,120). Deyaar will also cover 50% of the 4% Dubai Land Department registration fee on property.

Nasser Amer, Deyaar’s sales vice president, said: “This is an exciting opportunity for UAE nationals to make a smart property investment.

“We are pleased to offer UAE nationals generous incentives that will help them make the right investment choices. Midtown is proving to be a popular development within the UAE Nationals segment, which represents the largest sales portfolio in the project.

Midtown is located in Dubai Production City, formerly International Media Production Zone.