Azizi Developments
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Azizi Developments on Course to Complete AED350Mn Azizi Aliyah Project in Dubai Healthcare City

Developer strengthens portfolio of serviced apartments in Dubai

Dubai, 13 November 2017: Azizi Developments, a fast growing real estate developer operating in the UAE for over a decade, has announced that Azizi Aliyah Residences, one of its first major projects in Dubai Healthcare City, is on track to be completed in Q3 2018.

Once completed, the AED350million project will offer a total of 346 serviced residences with 191 studios, 135 one-bedroom apartments and 20 two-bedroom apartments along with upscale retail space of 16,000 sq. ft.
Farhad Azizi, CEO of Azizi Developments, said: “Azizi Aliyah Residences was our first project launched in Dubai Healthcare City, one of the most sought-after locations in Dubai, and we are pleased to be on track to completing this luxurious project of serviced residences in the next year.”

Azizi Aliyah Residences is a tastefully-planned community, located near major attractions in Dubai, including Dubai Creek Harbour, Downtown Dubai, Dubai Mall, Dubai Festival City and Zabeel Park. Residents will enjoy panoramic views of the city, leisure activities, family amenities and the finest healthcare facilities.

In addition to easy access to a number of key Dubai landmarks, Azizi Aliyah Residences will be surrounded by green spaces and some of the best healthcare facilities in the world, making it a very convenient location for families and working professionals.

Azizi Developments has been witnessing growing demand for serviced residences in key locations across Dubai – which is why the company continues to expand its portfolio to meet existing and expected demand. The developer’s other serviced apartment projects include the delivered Royal Bay, and Mina by Azizi on the Palm Jumeirah, which it expects to complete in 2018, and further projects in Al Furjan.

Since the start of the year, Azizi Developments has demonstrated a faster pace of developing projects across the city. The largest development includes the AED12billion Azizi Riviera project in Meydan One, in addition to other projects in Dubai Healthcare City, Palm Jumeirah, Al Furjan and Jebel Ali.

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Azizi Developments reinforces its commitment to Dubai with the announcement of its latest AED25billion project

Merwiss Abdul Azizi

Dubai remains a key focus for Azizi Developments as one of the most attractive and reliable markets in the world to invest

Dubai, 07 November 2017: Azizi Developments, a fast growing real estate developer operating in the UAE for over a decade, will launch its new mega community project in the heart of Dubai at a ground breaking event in November.
The project has a sales value of AED25billion and will set a new standard of community living in Dubai. With its prime location, community feeling, abundant facilities and British-inspired lifestyle, the project has been designed as a place for everyone who is looking for great living in Dubai.

Mirwais Azizi, Azizi Group Chairman, said: “Dubai remains a stable investment choice for foreign investors. The size and scale of our new project is a testament to this, and reiterates our alignment with Dubai’s Vision 2021 which aims to showcase Dubai as a land of opportunities.”

He added: “His Highness Mohammed bin Rashid Al Maktoum’s Vision is established on ambitious objectives to facilitate this realisation, which is represented clearly in Dubai’s undergoing strategic development plans. Azizi Developments is steadfast in its commitment to developing properties in Dubai and promoting it as one of the top-ranking cities in the world, surpassing the likes of Singapore, Hong Kong and New York.”

Azizi Developments commitment to Dubai is further emphasised by its rapid growth in 2017. Earlier this year, Azizi launched the AED12billion Azizi Riviera in Meydan One, and opened two new sales offices in Dubai. More recently, Azizi has been promoting Dubai’s realty resiliency internationally, with the opening of its first international sales offices in Chennai, India and plans to open offices in other locations of the GCC, UK and Pakistan in the near future.

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Azizi Developments eyes Dubai Real Estate’s India Connection at the Dubai Property Show 2017

CEO Farhad Azizi recognised as Ambitious Developer of the Year at the Real Estate Tycoon Awards.

Dubai, UAE, 4 November 2017: Following the announcement of its strategic partnership with Dubai Land Department (DLD) earlier this year, Azizi Developments – the fast-growing real estate developer operating in the UAE – participated in the Dubai Property Show held in Mumbai, India from 3rd to 5th November 2017. Azizi Developments and DLD are working together jointly in a series of road shows to promote Dubai as an ideal city to live, work, visit and invest in.

On the inaugural day of the event, Farhad Azizi, CEO of Azizi Developments, was awarded Ambitious Developer of the Year at the Real Estate Tycoon Awards ceremony hosted at the Taj Mahal Hotel in Mumbai.

Sultan Butti bin Mejren, Director General of DLD, commented: “We are happy to showcase a diverse range of real estate options to the Indian market, which has demonstrated a keen interest in property in Dubai over the years.

Developers like Azizi Developments are helping buyers and investors in India to realise their dreams of owning property in Dubai by offering a range of projects across some of the best locations in the Emirate. We look forward to more opportunities to link overseas buyers who are looking to earn value on their property investments with Dubai developers who wish to expand their customer bases.”

As part of the agreement between Azizi Developments and DLD, the developer is actively promoting Dubai’s real estate market among investors through property roadshows in India, China, and Pakistan.

Farhad Azizi said: “I am deeply honoured to be presented with the Ambitious Developer of the Year at the Real Estate Tycoon Awards from DLD. We have been given tremendous opportunities in the Emirate and our projects are a testament to our commitment towards realising His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision for this city. There is a wealth of opportunities opening up in Dubai in the run up to Expo 2020 and we are proud to be associated with DLD to showcase this to the world and position the city as a top global destination for real estate investment.”

With trade figures between India and the UAE standing at around USD 60 billion, India is a particularly important market for Dubai and Azizi Developments. According to DLD figures, total real estate investments in 2016 touched AED 91 billion, with investments by Indians accounting for AED 12 billion of this amount. At 6,263 buyer Indians also represented the highest number of foreign buyers in the UAE.

14 percent of Azizi Developments’ properties are bought by Indian buyers and investors. The developer also opened its first office in India this year in Chennai, the capital city of the southern state of Tamil Nadu, to commence international sales of its AED 12 billion Azizi Riviera project in Meydan One.

“Interest from buyers and investors from a discerning market like India reiterates the faith in Dubai’s real estate market, which is governed by transparent laws and regulations, and characterised by resilience. We deeply value our customers in India and look forward to offering them attractive options for a second home,” Azizi added.

This show comes two months after Cityscape Global 2017 in Dubai, where Azizi Developments witnessed its most successful edition to date, recording sales of AED 1.3 billion over the three-day event.

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Azizi Developments on track for completion of its second project on Palm Jumeirah

Azizi Developments on track for completion of its second project on Palm Jumeirah – AED 780 million Mina by Azizi
Developer strengthens portfolio of luxury serviced apartments in Dubai.

Dubai, 01 November 2017: Azizi Developments, a fast growing real estate developer operating in the UAE for over a decade, is on track with the construction of one of its most iconic projects on the Palm Jumeirah – Mina by Azizi – with the project expected to be ready by the last quarter of 2018.

Architecturally inspired by the traditional Arabic Dhow and the waves, Mina by Azizi features panoramic views of the sea and provides private beach access. The AED780million project will be the new lifestyle destination on the Palm covering a total area of 11,244 square metres, encompassing 178 fully-furnished and serviced residences, divided into one and two-bedroom apartments, and three and four-bedroom apartments and penthouses.

The project’s proximity to Dubai Marina, the Jumeirah Beach, and flourishing business hubs like Dubai Media City and Internet City, will help it provide a lucrative return on investment once completed. Mina by Azizi will set new standards in planning, design, natural environment and lifestyle.

Farhad Azizi, CEO – Azizi Developments said: “Investor confidence in the UAE is increasing and is reflected in the registration of 68 projects during the first half of 2017 valued at AED21billion. Mina by Azizi was established to meet the growing demand for serviced residences specifically on Palm Jumeirah. Azizi Developments is focused on driving growth and capturing this niche segment by delivering unrivalled living spaces for the residential market in Dubai.”

Azizi Developments previously announced the handover of its AED350million Royal Bay, a luxury residential property project on the Palm Jumeirah in August this year, which is also supplementing the growing demand for luxury serviced residences in Dubai. These developments are in addition to its AED12bn Azizi Riviera project in Meydan One, as well as other projects in Dubai Healthcare City, Studio City, Sports City and Jebel Ali.