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Azizi launches new residential project in Dubai

DUBAI, November 24, 2016

Azizi Developments, a leading UAE-based real estate developer, has announced the launch of its new residential project, featuring 137 studios, 124 one-bedroom and 23 two-bedroom apartments, in the burgeoning Al Furjan district in the emirate of Dubai.

Azizi Farishta, the 15th project of Azizi Developments, is a fully-serviced residence within close proximity to major Dubai icons and attractions including the Expo 2020 site, Ibn Batuta Mall, Discovery Gardens and the new Al Maktoum Airport (DWC). It is scheduled for completion in 2018.

Announcing the launch, CEO Farhad Azizi said: "In the past five months, we have launched eight new projects and Azizi Farishta is the latest addition. Providing high-quality real estate and perfect investment opportunities in Al Furjan is a statement of intent by our company."

"It shows our continuous dedication in delivering affordable luxury and community living to mid-income professionals, business owners and families," he observed.

According to him, the development in Al Furjan is a burgeoning area that is ideal for families seeking a luxurious community that is also affordable.

Azizi Farishta, he stated, will impress potential investors with its convenient access to transportation, near Sheikh Zayed Road and Al Khalil Road with an upcoming metro station within walking distance.

The community also has all the luxurious amenities and necessities nearby: schools, outdoor sports facilities, a community retail centre, 7000 square feet of retail space, common areas, landscaped gardens, a climate-controlled infinity pool, spa, and state-of-the-art gym and play areas, he added.

The UAE developer is planning a mega sales launch event on Saturday (November 26) at The Westin Dubai Mina Seyahi where the potential investors will offered attractive payment options.

The investment structure involves a one per cent booking deposit with 30 per cent of the payment during construction. The remaining 70 per cent is only due upon completion, explained Azizi.

Those purchasing a one-bedroom apartment will have the incentive and opportunity to upgrade to a two-bedroom apartment, he pointed out.

Azizi said the group's flexible payment plans suit the financial realities of all clients. "In addition, investors do not need to concern themselves with finding tenants as the developer offers their own services to fully manage the process of renting units," he added.-TradeArabia News Service




Tags: Dubai | Residential project | Azizi Developments |

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