Azizi launches AED350m Royal Bay Residence on Palm Jumeirah

Dubai-based deceloper, Azizi Developments, announced the launch of Royal Bay Residence on 25 February 2016.

The collection of 90 fully serviced luxurious residential apartments id situated on the crescent of Palm Jumeirah, next to Anantara Hotel.

It is part of company’s AED4.5bn development plan to build thousands of flats in Nakheel’s Al Furjan project and Palm Jumeirah.

The building has been designed with 45 degree orientation to allow all the living rooms, kitchen and bedrooms to get sea view. Sizes range between 802 sq.ft to 1,638 sq.ft for the apartments, while prices start at approximately AED2.2m and go up to AED4.5m.

The project also offers an attractive 20:80 payment scheme, wherein buyers pay 80% only upon handover.

Construction of the AED350m project has already commenced and is expected to complete by March 2017.