Azizi Developments, one of the leading private developers in the UAE, experienced another successful edition of Cityscape Abu Dhabi, the leading property show in the Emirate, witnessing strong demand for its mega developments in Dubai.

Azizi Developments stood out from among 100 other exhibitors at the show, as it attracted a record number of buyers and investors to its stand over three days. This traction was a result of attractive offers on select projects including Azizi’s mega community developments in Meydan – Azizi Riviera and Azizi Victoria, both of which witnessed tremendous response from potential buyers.

Buyers showed interest in studio, one, two and three-bedroom apartments in Azizi Riviera and Azizi Victoria. They also showed interest in Azizi’s attractive pricing plans on select projects, including the 50 per cent waiver on Oqood and the seven per cent Guaranteed Net Rental Return for three years.

Mirwais Azizi, Chairman of Azizi Group, said: “We are extremely pleased with the outcome of our participation at Cityscape Abu Dhabi this year. We witnessed tremendous demand in Abu Dhabi for both our mega community projects Azizi Riviera and Azizi Victoria, which reinforces the demand for premium community-style living in the UAE.”

He continued: “We would like to thank the organisers for putting up such a good show while setting up the right platform for investors and buyers to get a sense of what is available in the market. Seeing our stellar performance in Abu Dhabi, we look forward to participating at the Cityscape Global, Dubai in October later this year.”

Azizi Developments is known for creating iconic urban communities in Dubai. The developer’s flagship project Azizi Riviera comprises 16,000 units and is valued at AED12bn. The project continues to draw major interest from buyers, who are especially interested in the French Riviera waterfront lifestyle it offers, with outdoor recreation and other community-style amenities.

Meanwhile, Azizi Victoria, comprising 30,000 premium residential units inside an integrated retail district, continues to draw buyers for its prime location in the heart of Dubai which provides easy access to the city’s top landmarks, including Dubai Mall and Downtown Dubai.

Azizi Developments is currently working on developing more than 200 projects in 2018. Among them are Azizi Mirage 1 in Dubai Studio City comprising 186 units, Azizi Grand in Dubai Sports City comprising 431 units and three residential buildings in Meydan Avenue.

 

About Azizi Developments

Azizi Developments is the real estate investment arm of Azizi Group. Established in 2007, the company’s diverse experience in the property market has enabled it to expand to include a portfolio worth over AED45billion in the emirate, with more than 200 projects under various stages of development.

Azizi Developments was awarded ‘Developer of the Year’ at the Construction Innovation Awards for two consecutive years in 2016 and 2017. The company has also been instrumental in developing iconic properties in Meydan, Palm Jumeirah, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.

 

Source: BPG Cohn & Wolfe