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Dubai, 25 March 2018: Azizi Developments, one of the leading private developers in the UAE, has announced that the AED 300m Montrell by Azizi and AED 350m Roy Mediterranean by Azizi have been completed and handed over in Al Furjan.
In line with the developer’s ambition to deliver projects ahead of schedule, Azizi Developments completed more than 2,000 units in Al Furjan since 2016. Roy Mediterranean by Azizi and Montrell by Azizi are the 11th and 12th projects to be completed and handed over in Al Furjan and were completed in a record time of 18 months and 17 months respectively.
Mirwais Azizi, Chairman of Azizi Group said, “The successful completion of these two projects is a testimony to our commitment to delivering best-in-class residential properties. We believe that investors and buyers of Montrell by Azizi and Roy Mediterranean by Azizi will benefit from prime, high-demand locations like Al Furjan and an alpha return on investment leading up to and during the Expo 2020 Dubai.”
Comprising of 224 studios and 47 one-bedroom apartments, the Roy Mediterranean by Azizi occupies 285,387 square feet and will offer 10,500 square feet of retail space. Montrell by Azizi provides 168 studios and 54 one-bedroom units, 7,500 square feet of retail space, and spans a total construction area of 246,243 square feet.
“Quality and timely completion of projects remains our top priority and we are continuing to make strong progress across Azizi’s live developments,” Mirwais Azizi, Chairman of Azizi Group added.
Al Furjan is rapidly becoming a sought-after location in Dubai with many restaurants, entertainment options and 5-star hotels in the vicinity. Only a 10-minute drive away from Ibn Battuta Mall and adjacent to Discovery Gardens, Jebel Ali Village, and The Gardens, Al Furjan is at the heart of a vibrant community. The new metro line named Route 2020 will connect Al Furjan to locations such as Dubai Investment Park, Discovery Gardens, and The Gardens, and will also eventually service the Expo 2020 site and the Al Maktoum International Airport.
Since the start of the year, Azizi Developments has demonstrated a faster pace of developing projects across the city. Both the AED 350m Aliyah Residences by Azizi in Dubai Healthcare City and the AED 780m Mina by Azizi project on the Palm Jumeirah have progressed ahead of schedule and will be delivered in Q2 2018 and in Q3 2018 respectively.