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Leading UAE Developer to Showcase at Cityscape Kuwait 2014

Dubai, UAE, 7th December 2014: AZIZI Developments, one of the leading regional real estate companies with Headquarters in Dubai, has announced its maiden participation at this year’s Cityscape Kuwait, the premier real estate investment and development event taking place from 7th to 9th December at Kuwait International Fairgrounds.

AZIZI Developments will be showcasing some of its wide range of iconic projects at the Kuwait event in a bid to enhance its brand value in the Middle East regional real estate market and offer Kuwaiti investors an opportunity to invest in some of Dubai’s upcoming projects.

AZIZI Developments will fully utilize Cityscape Kuwait as a platform to open registrations for its prestigious projects both located in two exclusive areas of Dubai; Al Furjan and Palm Jumeirah Island. Developers Al Furjan projects include residential high-end buildings: Yasmine, Ferouz, Iris, Liatris and Orchid. Furthermore, the developer will introduce exclusive to Kuwaiti investors the prestigious Palm Jumeirah project – a luxurious Serviced Residential Apartments located on the iconic Palm Jumeirah Island. Once officially launched in Q2 of 2015, the project is expected to be an exclusive and unique offering to the UAE elite.

“We hope that the Cityscape Kuwait will offer us another finely tuned opportunity to connect with the investor community and gauge their mood and aspirations when it comes to investing in Dubai’s booming real estate market,” Mohsen Kamel, CEO of AZIZI Developments said.

Cityscape Kuwait attracts the world’s top regional and international institutional investors, real estate developers, governmental and development authorities, leading architects, designers, consultants and other senior professionals involved in the real estate industry. The Kuwait exhibition is also a unique platform to further enhance and support the vision for real estate growth in emerging markets to an international audience, highlighting revolutionary developments and iconic architecture, said Kamel.

“In light of the positive indicators of market recovery and the tangible upturn in real estate transaction movement on various real estate units and on multi-purpose units there is tremendous growth in the sector,” said Kamel.

Cityscape Kuwait expects to draw thousands of visitors over a three-day period presenting developers from UAE, Saudi Arabia and the Other GCC countries with a platform to promote new projects and connect with customers and industry professionals.

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 – globally. 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 AZIZI Holding caters to the construction and the real estate sectors in UAE and strategically develops 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.