August 14, 2018

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Azizi launches $74mn serviced apartments project in Dubai

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Azizi Developments has launched a 271-unit serviced apartment project in Dubai.

The AED 350mn ($73.8mn) ‘Roy-Mediterranean’ will be the developer’s twelfth project in the Al Furjan neighbourhood in the south of the city.

When complete, the G+7 furnished apartments with P2 parking, will span over 2.6 hectares and offer 224 luxury studios and 47 one-bedroom units all of which will be fully furnished at the time of delivery.

Farhad Azizi, CEO of Azizi Developments, said: “Al Furjan, Dubai, is set to become one of the key developments in the Dubai South districts and a key tourism destination, with Bollywood Park and Lego Land in close proximity.

“In the lead up to, during and beyond Expo 2020, Azizi Developments is confident that its investment in the Roy-Mediterranean will meet the growing demand for affordable residential and serviced apartment units, as well as providing good returns for stakeholders and owners of the units.”

The area will be served by several new metro stations and have convenient access to both Sheikh Zayed Road and Sheikh Mohammed bin Zayed Road while Al Maktoum International Airportis is a 10-minute drive away.

 

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