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Dubai, UAE, 18 September 2016 Azizi Developments, a fast growing UAE-based real estate developer with a reach into multiple international markets, has announced that it has been awarded its Certification of Completion for Azizi Feirouz – a residential building located in the new urban development of Al Furjan, near Discovery Gardens and Ibn Battuta Mall.
Azizi Feirouz is a G+11 storey residence property, with a total of 99 units offering a mix of one to three-bedroom apartments – aimed at and suited for middle-income level buyers.
Farhad Azizi, CEO of Azizi Developments, said: “This is our second certified property in a span of less than a month, so we are pleased to have completed the process and satisfied the necessary criteria and we now look forward to concentrating on delivering the property to the end users.”
“The fact that we have, once again, achieved this recognition without pause or delay is testament to the highly professional personnel at Trakhees and, in our partners on the project, all of whom have contributed to delivering yet another quality Azizi Developments property.”
“Azizi Developments would also like to extend our thanks to Mr Marwan Ahmed Bin Ghalita, CEO, Real Estate Regulatory Authority (RERA) and his team for expediting the necessary processes for completing this certification,” he concluded.
While many economic forecasts suggest the next few years will be opportune for real estate investment in the UAE, Azizi Developments has gone beyond the speculation and invested a total of AED7.3 billion – across 20 properties – in the Dubai market alone.
The mantra of a good investment in property is ‘location, location, location,’ and with Azizi Feirouz this was always very much in mind. The new urban development of Al Furjan will become a clear destination of choice leading up to – and beyond – Expo 2020, with the area set to be one of the most vibrant districts in town.
As internationally experienced property developers, Azizi Developments has established a strong portfolio that includes luxury residential, commercial and hotel properties. The developer’s immediate future plans include additional hotel apartment projects in Al Furjan, The Palm Jumeirah, as well as being one of the first developer to offer freehold residential properties in Dubai Healthcare City.