Azizi set to deliver 11,000 new units in Dubai this year

  • Date: 02-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Azizi set to deliver 11,000 new units in Dubai this year

UAE-based Azizi Developments said it ended 2022 on a high note, having sold a total of more than 6,000 units, worth AED5.6 billion ($1.52 billion) and is now set for handover of 11,000 units across 45 projects in Dubai later this year.

These include projects spread across the first, second and third phases of Riviera, Park Avenue I, II and III in MBR City and Berton in Al Furjan.

With 28.4 million manhours of construction and over 167,000 cu m of concrete having been poured, Azizi has developed more than 152 floors across 3.51 million sq ft of built-up area in 2022, said the developer.

During the year, Azizi completed the first seven buildings of Riviera, its French Mediterranean-inspired waterfront lifestyle community in MBR City, as well as the 634-residence condominium, Creek Views I in Dubai Healthcare City.

With Riviera selling out rapidly, Azizi has launched Park Avenue III in MBR City, Rêve, its fourth, most distinguished and luxurious phase of Riviera, and Beach Oasis, two residential commercial buildings with a total of 712 units nestled around a beach-like swimming pool, it stated.

The Dubai developer said a major achievement for the group in 2022 was the acquisition of a highly coveted plot of land