We Are Born Builders

DYLDAM CEO FAYAD FAYAD JOINED THE FAMILY BUSINESS 20 YEARS AGO. IN THAT TIME, THE PROPERTY DEVELOPER HAS MADE ITS MARK IN SYDNEY’S WEST. NOW, IT’S AIMING TO TRANSFORM THE HEART OF THE UP-AND-COMING METROPOLIS.

- Sharon Masige

Sydney’s Western suburbs are a thriving melting pot of cultures and nationalities. And for Parramatta-based property developer Dyldam, the region is also a prime centre for business. Over the past 50 years, the company has been responsible for numerous properties in the city’s west, and has been ranked as Australia’s number one apartment builder for two consecutive years (2017 and 2018) in the ‘HIA–COLORBOND® Steel Housing 100 Report’. The business is showing no signs of slowing down as it continues to secure real estate for some big projects.

The Opera Merrylands is one such development that is currently underway. When complete, it will comprise eight individual buildings with 1,200 apartments as well as commercial and retail space. “The market in Merrylands wants the benefits of city living – being so close to Parramatta – as well as a little bit of extra space and privacy,” says Dyldam CEO Fayad Fayad. “So we planned to create that scenario with The Opera. Our focus is more on larger two- and three-bedroom apartments, compared with other developments in Parramatta, which focus on studios and one-bedroom apartments. The experience we want to create with The Opera is to capture the lifestyle of a home on a quarter-acre block without all the maintenance.

“We’ve have had a lot of interest in it already; residents can expect to move in by 2021. Many local families and second generation individuals living in Merrylands, particularly those who are looking to move out of the house or get an investment property, are showing a lot of interest in the development and putting pen to paper.”