Keep up to date with what's going on at Azizi Developments with our latest press releases. You can also download any press releases along with their respective images.
Dubai, United Arab Emirates, 9 March 2023: Azizi Developments, a leading private developer in the UAE, has announced the 76% completion of Park Avenue I, with the expected completion date set for Q2, 2023. Strategically located in one of the most sought-after areas of the emirate, in the prestigious MBR City, Park Avenue I is a vibrant and outstandingly well-connected residential community that is now fully sold out.
Park Avenue comprises 372 residential and 29 retail units across three buildings, each of which comes with a comprehensive range of amenities, including swimming pools and gyms. Work on Park Avenue I is progressing speedily, with the structure, blockwork and internal plaster works all being 100% complete. Tiling, HVAC, and MEP are now at 77%, 61% and 63% respectively, while external works are 12% complete. The swimming pool stands at 16%, and the façade at 87%. Overall finishes have now reached 55%. The total workforce was also increased to 670 to further accelerate construction.
In his comments, Mr Farhad Azizi, CEO of Azizi Developments, said: “We attribute both, our steadily increasing construction speed and our uplifted quality standards, to several key operational changes made, including overhauled contractor hiring processes that ensure more reliability, and our enhanced procurement procedures with us now directly sourcing construction materials ourselves, among other strategic improvements made. It excites us to see Park Avenue come to life so rapidly, with it now being scheduled for completion by the end of the second quarter of this year. We are confident that upon its delivery, this truly distinguished project will exceed the expectations of our valued investors and end-users.”
Built around the concept of connected serenity, Azizi’s Park Avenue project is the epitome of a strategic, easily accessible, and convenient location that is its own little getaway within the city. Surrounded by greenery and within proximity to Azizi’s French Mediterranean-inspired master-planned community, Riviera, the upcoming Meydan One Mall, the Meydan Grandstand, The Track, and only a 10-minute-drive to Dubai Mall and Downtown Dubai, these contemporary homes are ideally located for those seeking access to some of the city’s most vibrant points of interest while also basking in the tranquility of their own community with panoramic views of Dubai’s skyline.
Azizi Developments is now gearing up for its 2023 deliveries and plans to deliver approximately 11,000 units across 45 projects in Dubai, spread across the first, second and third phases of Riviera, Park Avenue I, II and III in MBR City and Berton in Al Furjan.
Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.