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Azizi Developments Announces Yet Another Luxury Living Project

Dubai, UAE, 04 October 2014: A prominent UAE developer, Azizi Developments announced the launch of yet another new residential project, Azizi Aster. The development will be located in Dubai’s new upcoming residential destination, Al Furjan.

Addressing a well attended press conference in Dubai, Azizi the Managing Director of the company said:

“Demand for stylishly designed apartments in Al Furjan continues to be strong, led by its appeal as a most popular upcoming destination. Homes in Al Furjan will appeal to investors as it provides them a sought-after address in the heart of the emirate.”

Detailing the outline of the master project, Azizi revealed that this will span 4045.86 million sq metres in total making it the developer’s largest project in the emirate. With construction scheduled to begin within this month, Azizi aims to complete the development during the first half of 2017. The development’s floor plans range from 864 sq feet to 1802 feet and will consists of 1,2, or 3 bedrooms respectively with a combination of furnished apartments including modern kitchen fittings, and high ceiling lobby with extravagant finishing. Azizi.Aster residence is escrow compliant in accordance with RERA laws.

The Apartments will also comprise of balcony/terrace along with private parking bay. The Podium level will have a swimming pool along with kids pool area, fitness club, a Sauna and Steam facilities among other amenities.

Azizi disclosed that there will be a total of 128 units. The breakdown is as follows, 29 units comprise one bedroom, 79 units will have two bedrooms and 20 units of three bedroom apartments.

Dubai’s property market has been booming and developers have been launching new projects on a regular basis in the emirate to keep pace with rising demand. Azizi Developments alone has sofar launched a 7 residential properties including within Al Furjan Master Community aiming to provide best housing options to end users , long term investors and institutional buyers keeping in view of strong ROI against each investment. Azizi said that for us Quality and timely delivery is more important than to cross factor the pricing element, we would like to be a quality leader in real estate market.

The company recently revealed its plans to earmark up to a million square feet of land to develop quality residential properties in the coming years. Azizi’s decision to develop residential offerings follows a call by Dubai’s leadership for greater investment in developing realty solutions to serve the ever-increasing tourist footfall to the emirate.

Azizi developments is focusing towards a long term business approach in all its property projects as the real estate demand is on the upsurge, following Dubai’s announcement of hosting the World Expo 2020.

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About Azizi Developments:

Azizi Developments, a sister concern of Azizi investment and a business arm of AziziHolding, caters to the construction and the real estate sectors in UAE and strategically develop properties to increase future growth while minimizing financial risk. The company is the biggest sub developer within Al Furjan master development by Nakheel, with plans to launch new 7 hotel apartments this year additional to various projects under construction on Palm Jumeirah and Dubai Heath Care City.