Azizi Developments announces investments worth over AED 3.5 billion – ZAWYA

  • Date: 04-Aug-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Azizi Developments announces investments worth over AED 3.5 billion – ZAWYA

Azizi Developments announces investments worth over AED 3.5 billion The developer will construct 45 buildings comprising over 11,000 homes across MBR City, Dubai Healthcare City and Al Furjan over the course of the next 2-3 years    Over 80% of its current inventory is already sold, and most of its ongoing projects will be completed by year's endDubai, UAE: Azizi Developments, a leading private developer in the UAE, announces its plans to invest over AED 3.5bn in the next 2-3 years to develop 14 and 22 buildings in Riviera Phase 3 and 4 respectively, its three Avenue buildings in MBR City, two projects in Dubai Healthcare City, and four projects in Al Furjan. This announcement comes in light of it having sold over 80 per cent of its current ongoing projects and inventory, and demand projected to surge, especially in MBR City, DHCC and Al Furjan - the three most sought-after residential destinations in all of the UAE. The construction of the Al Furjan and Dubai Healthcare City projects, which will feature around 645 and 973 units respectively, Riviera's Phase 3, comprising approximately 3,700 units, Phase 4, with around 5,400 units, and the 423 Avenue units, will commence between August and