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Azizi Developments to deliver big in 2018

UAE-based developer, Azizi Developments, is set to deliver more units in 2018, according to its chief executive, Farhad Azizi.

“We have almost delivered 10 buildings, which includes more than 1,000 apartments. We already have people starting to move into the apartments.” The developer announced the completion of Azizi Royal Bay, an AED350mn residential property project at Palm Jumeirah, in August this year. This makes it the sixth project to be delivered by the developer.

Azizi adds: “We have been duly delivering our projects in Al Furjan, where people have already started to move in, and we are very proud of that. There are two more hotel apartments in Al Furjan that needs to be delivered by the end of October or beginning of November.”

The developer has also picked Belhasa Projects to build three residential buildings — with 1,900 units — at Dubai Healthcare City. Two of the buildings are 20-storey structures, while the other is an 18-storey one. The residences, which are located near a five-star hotel, will encompass studios, one-, and two-bedroom apartments. Another project that the CEO is proud of is Azizi Riviera, implemented within the Meydan One project near Dubai Water Canal. It includes 69 mid-rise residential buildings, a retail district, as well as one four-star and one five-star hotel. The first and second phase of the project is expected to be completed in December 2018. In terms of residences, the development will offer 13,000 units including one-bedroom, two-bedroom and studio apartments.

 

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