Azizi Developments has achieved a major milestone with its newest residential project, Azizi Ruby, selling 80 percent of released units within months of launch, the company announced today.
The tower in Jumeirah Village Circle (JVC) offers homes ranging from studios to three-bedroom apartments, featuring amenities including a clubhouse, cinema, swimming pools, gym, and children’s play areas.
The sales demographic reveals a diverse investor base spanning 20 nationalities.
Azizi Ruby Tower draws investors from 20 nationalities
Emiratis lead at 9 percent of purchases, while Western and European investors constitute 29 percent, including buyers from the United Kingdom, United States, Italy, and Portugal.
South Asian investors from India and Pakistan represent 27 percent of buyers, with GCC and MENA region investors accounting for 15 percent, including purchasers from Saudi Arabia, Egypt, and Lebanon.
“We are pleased with Azizi Ruby’s strong uptake, with 80 percent of the released units having sold so swiftly, within just months of its launch. This reflects the growing demand for ideally situated, thoughtfully designed homes and the trust our investors and end users continue to place in us. Ruby exemplifies our commitment to creating integrated, lifestyle-oriented communities in key growth corridors, such as Jumeirah Village Circle. We now look forward to completing the construction in a timely and quality-prioritising manner,” Farhad Azizi, Group CEO of the Azizi group of companies said.
Located in JVC, the tower offers connectivity to Dubai’s business, entertainment, and retail hubs.
Its strategic position near Sheikh Mohammed Bin Zayed Road and Al Khail Road provides access to Dubai Marina, Internet City, and Media City.
Interested parties can visit the Azizi Developments Sales Gallery on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.
Potential buyers can explore the project’s nature-inspired design, which balances urban convenience with surrounding greenery and over 30 landscaped parks.
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