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Azizi to release final 20% of second Dubai Healthcare City project

$136m (AED 500 million) worth of units in ‘Farhad Azizi’ sold during weekend launch

The Farhad Azizi development in Dubai Healthcare City.
The Farhad Azizi development in Dubai Healthcare City.

Real estate developer Azizi Developments has launched its second residential building in Dubai Healthcare City, ‘Farhad Azizi’, months after the launch of Azizi Aliyah. 

The group is now set to release the final 20% of units for sale in its second Healthcare City project, after registering sales of $136m (AED500m) worth of units over a weekend event.

The residence will be home to 634 modern residential units: 396 studios, 218 one-bedroom apartments and 20 two-bedroom flats. Sprawling over a total construction area of 67,699m2, the building will have a B+G+2P+17 structure which is scheduled for completion by Q2 2019.  

Azizi Developments CEO Farhad Azizi said: “This will be our second venture in Dubai Healthcare City. The positive response to Azizi Aliyah has encouraged us to invest further into this area that provides contemporary, healthy living and green spaces for our clients.”

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Construction Week - Issue 747
Aug 03, 2019