Azizi Developments, the fast growing and award-winning Dubai real estate developer, has begun site preparations for constructing the Dh1.7 billion new community project in Meydan One, a statement from the company said. The first phase of the project, comprising 18 mid-rise residential buildings, will feature 2,273 units and a mega integrated retail district surrounded by lush greenery in Meydan One. This will be followed by an additional 17 buildings of 2,162 units in phase II. This new community will encompass a studio, one-bedroom and two-bedroom apartments with stunning views of the water canal, Meydan Hotel and Racecourse, Downtown Dubai and the Dubai Creek.
Farhad Azizi, CEO of Azizi Developments, said, “We are pleased that the site preparation for this dazzling community has kicked off. With this iconic new neighborhood development, we are once again demonstrating our capability to develop unique projects that will surprise the world and contribute to this great city’s evolution”.
The site preparation process for the massive development, includes soil clearing and testing, site plan designs and environment impact studies, fencing and grading. Earlier this year the developer announced the purchase of 186 plots within Meydan One development, which are now amalgamated into 76 buildings.
The first two phases of this project will be in close proximity to the prestigious Meydan Racecourse, One Mall, Civic plaza with dancing water fountains, indoor sports facilities, a 4-kilometre water canal, Yachting marina, restaurants, schools and hospitals.
Source: Gulf Property