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Fri 6 Jul 2018 01:10 AM

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UAE's Azizi says to deliver five Al Furjan projects by end-2018

Developer to hand over more than 1,740 residential units in Dubai district as portfolio expands

UAE's Azizi says to deliver five Al Furjan projects by end-2018

UAE-based Azizi Developments has announced it is on track to deliver five additional projects in the Al Furjan community of Dubai by the end of this year.

The developer currently holds one of the highest concentrations of residential units in Al Furjan, with a total of 12 projects delivered to date.

But later this year, new projects will be added to the portfolio – Shaista Azizi, Samia Azizi, Azizi Star, Farishta Azizi and Azizi Plaza – which together comprise a total of 1,744 units, the company said.

It added that their completion is due by the second half of 2018, raising the number of completed projects in Al Furjan to 17 and total units completed to 3,639, with a combined value of more than AED4 billion ($1 billion).

Mirwais Azizi, chairman of Azizi Group, said: “It is with great pride we edge steadily towards completion of our remaining projects in Al Furjan.

"We are looking forward to an expansion of amenities and facilities in the area that will continue to mark it as a vibrant and important location for investors and home buyers alike.”

Al Furjan remains one of Dubai’s fastest growing residential neighbourhoods, with easy access to Ibn Battuta Mall, Jebel Ali Free Zone, and the Expo 2020 site.

The upcoming Route 2020 metro line will connect Al Furjan to locations such as Discovery Gardens and The Gardens, and will also eventually service the Expo 2020 site and the Al Maktoum International Airport.

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