Dubai: Azizi unveils $68m Al Furjan project
Azizi Shaista is due for completion in 2018, and is valued at $68m (AED250m)
Dubai-based developer Azizi Developments announced its plans for its new project, Azizi Shaista Residence, located in the Al Furjan neighbourhood of Dubai.
The property adds to Azizi Developments’ portfolio, with the developer currently involved in 20 different UAE-based projects valued at around $1.9bn (AED7.3bn).
Azizi Shaista is due for completion in 2018, and is valued at $68m (AED250m).
When complete, the 12-storey residence (including B + G + 2P) will house a total of 284 residential units – 137 studios, 124 one-bedroom apartments, and 23 two-bedroom apartments. The project has a total construction area of 3.3ha.
Farhad Azizi, CEO of Azizi Developments, said: “Our continuing investment in the Dubai property market clearly shows our faith in the economy and the favourable regulations set out by the government. In the spirt of creating a new, family-oriented development, our latest project, Azizi Shaista Residence is prudently located near the Expo 2020 site —the meeting point for ideas and trade that is set to produce $23bn in revenue and provide a staggering 277,000 job opportunities.”
Azizi Shaista also includes a wide array of amenities including an outdoor pool, spa, a gymnasium, health club, round-the-clock reception and concierge, 24-hour valet parking service, a café and restaurant, retail outlets, and ample parking space.