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Mr. Mohsen Kamel CEO of AZIZI Developments and Mr. Sean McCauley Director of Agency Services

Dubai, UAE, 19th August 2014: The momentum in Dubai’s real sector has been witnessing acceleration with the every passing day as developers announcing a wide range of real estate projects to target different segments of the society.

Azizi Developers, one of the biggest real estate names in Dubai, have announced another new project to benefit the affordable housing for families with the promise of enjoying a genuine luxury lifestyle. The new project, AZIZI.IRIS Residence is located in the heart of new Dubai and project location is prime and has easy access to all major spots in Dubai. The Azizi Iris will be a total residential project and will be completed with the estimated value of AED 135 million in Dubai’s next top residential destination, Al Furjan.

AZIZI.IRIS Residence project is a complete escrow compliant in accordance with RERA laws. With the latest announcement, the Azizi Developments has put another feather in its crown to unveil the AZIZI.IRIS Residence, a contemporary establishment of 99 units valued at 135 million AED, just in-time as the summer holiday-makers are gearing up to get the slice from new residential projects especially the affordable in terms of luxury lifestyle against their money value.

The latest residential project set to complete 1, 2, 2+maid, 3+maid bedroom apartments with all modern civic facilities to provide the luxury lifestyle. The project will not only be a complete solution of residential but will be a satisfactory and lucrative investment for future.

Mr. Mohsen Kamel, CEO of AZIZI Developments on the occasion of announcing the new project said,

“The announcing of AZIZI.IRIS Residence is another milestone achieving by the Azizi Developments to benefit the one of the most important segment of the society, the mid income families. Each single unit in AZIZI.IRIS Residence is a great opportunity for institutional investors as well as individuals with the aim of a long-term investment opportunity while having a real estate asset in Dubai’s top residential destination of Al Farjan.”

The latest residential project, AZIZI.IRIS Residence will be a great housing solution with the availability of all modern metropolitan amenities as the Al Farjan is going to serve the high valued customers in the presence of world class projects.

The Asteco, one of the prominent real estate will handle the AZIZI.IRIS Residence while the S.S.LUTA, a well know construction name in the industry is the official construction company.

Mr. Mohsen Kamel highlighting the further details pointed that the construction work on the 99-unit residential establishment has been started and expected to be completed in December 2015.

“We always keep our customers ahead to provide a high-standard housing solution with a promise to deliver on time. To maintain the high quality and keep the time frame, we always choose reliable contractors with the sound record track,” he said.

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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