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Dubai / Emirates Business
Azizi Developments, a leading UAE-based real estate developer with an influence in many international markets, has on Wednesday announced the launch of its 271-unit, “Roy–Mediterranean†services apartment project – a high-end residential offering, with hotel facilities, located in the Al Furjan district of Dubai.
Farhad Azizi, CEO of Azizi Developments, said: “Al Furjan, Dubai, is set to become one of the key developments in the Dubai South districts and a key tourism destination, with Bollywood Park and Lego Land in close proximity. In the lead up to, during and beyond Expo 2020, Azizi Developments is confident that its investment in the Roy-Mediterranean will meet the growing demand for affordable residential and serviced apartment units, as well as providing good returns for stakeholders and owners of the units.â€
“The Roy-Mediterranean is Azizi Developments’ twelfth project to launch in Al Furjan and adds to the growing list of achievements we have accomplished in 2016, including the recent Azizi Yasamine completion certificate,†Farhad added.
When complete, the G+7 furnished apartments with P2 parking, will span over 2.6 hectares and offer 224 luxury studios and 47 one-bedroom units. All apartments will be fully furnished at the time of delivery. The total cost of the project is said to be in the region of AED 350million.