Azizi Developments successfully relaunches two residential projects in Al Furjan worth Dhs250m in Dubai

June 16, 2014 7:33 am

Azizi Developments, a sister concern of Azizi investment, has successfully relaunched its two residential G+11 Projects, Yasamine and Feirouz, in Al Furjan, a residential property development by Nakheel near the Palm in Jebel Ali.

The project worth Dhs250m is aimed at providing prospective residents a contemporary living space which is equipped with modern amenities and facilities. The project is strategically located at Dubai’s most sort after and plush location, the firm garnered much interest from both big investors and individuals alike, wishing to purchase property within the emirate.

The both residential towers, Azizi Feirouz Residence and Azizi Yasamine Residence, include 1, 2 and 3 bed rooms units coupled with fully equipped kitchens and capacious and large living rooms with private terrace area at podium level units. Azizi Feirouz Residence, is a modern residential complex, with a plot area of 35,587 square feet and it comprises of 39 one bedroom, 40 two bedroom, and 20 three bedroom units while, Azizi Yasamine residence has a plot area of 37,339 square feet and includes 39 one bedroom, 60 two bedroom, and 10 three bedroom units.

The spacious residential apartments include units with floor area ranging from 937 sq feet upto 1915 sq feet. Close proximity to services including road network, schools, restaurants and sport facilities and provision of amenities including swimming pools, private parking, and gymnasium makes the residential towers an ideal place to live.

Azizi Developments is a sister concern of Azizi Investments and a subsidiary of Azizi Holding, which was formed by Mr .Merwais Azizi 9 Chairman – Azizi Holding) in 1989. The holding company started off with humble beginnings and has now grown to be one of the recognized leaders in market. Azizi Development has also planned to developed another 18 plots comprises of residential and hotel apartments in Al Furjan and Palm Jumeirah – the Crescent.

Mr Mohsen Kamel, CEO of Azizi Developments said, “We are delighted to announce that we are relaunching our projects, which are escrow compliant, in Dubai. The construction already been started on these two project and will be completed by the 4th quarter of 2015. Our decision to relaunched Al Furjan projects within the UAE is timely and apt, given the tremendous growth and equally potential returns any one person or organization can gain from investing in this growing market. Our company is committed to delivering value and modern, lucrative properties. There was a delay in development projects during the economic downturn; however even during the recession time we ensured that financial investments in the properties made by customers were returned to them.”

Mr. Mohsen said, “Azizi Developments has a strategic vision of contributing positively to the UAE residential market by developing Mid Income and High End Properties with affordable prices.” He added, “The company has planned to deliver more than 1200 residential units and 1600 hotel apartment keys till 2020.”

Mr. Mohsen further said, “Azizi Developments is committed to sustainable design and building practices, as is evident in our developments across UAE and other regional investments. Our working model is based upon the Three Pillars of Sustainability: environment, society and economy. Azizi Developments focuses on each pillar throughout the planning and construction phases to create developments that bring value to the homeowner, the community and the environment. We believe that part of our corporate and social responsibility is to consider and protect the Earth. Providing energy efficient buildings, reducing our carbon footprint and positively impacting the economic well-being of our communities are tangible goals that we strive to meet on a daily basis. Environmental Sustainability.