Azizi Developments is a leading private developer in the United Arab Emirates, has made rapid advancement across its three premium off-plan projects, Park Avenue I, II and III, in the prestigious Meydan avenue at the heart of MBR City, a vibrant and most sought-after residential community strategically positioned in one of Dubai’s greatest magnificent areas. Park Avenue I is now 38 percent complete, Park Avenue II is at 41 percent, and Park Avenue III at 40 percent.
The project encompasses 372 residential and 29 retail units, with each of the three buildings receiving its own fully equipped gym and swimming pool. Work is progressing rapidly, with the structure of Park Avenue I now being 84% complete and Park Avenue II and III’s structures now having attained 96% and 97%, respectively. The total workforce also strengthened to 340 to additional fast-track construction.
Mr Farhad Azizi, CEO of Azizi Developments stated that the company has put together significant headway with Park Avenue I, II and III. By revamping their procurement procedures, and by receiving a selection of trustworthy, reliable, contractors the company has achieved quicker construction and at remarkably greater excellence levels, surpassing the demands and needs of their valued investors and end-users. Azizi further stated that the Park Avenue developments are in excellent demand from local and foreign investors due to the sophisticated, prosperous, and contemporary lifestyle they offer through their strategic location, build up excellence and outstanding conveniences.
Park Avenue is in a privileged location built around the theory of connected tranquillity, the project is the epitome of a strategic, easily accessible and convenient location that has its own modest getaway within the city. Park Avenue is just a stone’s throw from Meydan Grandstand, the home of The Dubai World Cup, the world’s richest horse race and is surrounded by lush natural habitats and nature. Presenting the finest of both worlds, the residential development is within close proximity to Downtown Dubai, Dubai Festival City, Dubai International Airport. Azizi Developments’ Sales Gallery can be toured on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.
About Azizi Developments
Azizi Developments is a leading real estate and lifestyle developer based in Dubai, UAE. Privately owned, Azizi was founded in 2007 and has effectively created and delivered thousands of properties through a variety of prime locations in Dubai. Azizi’s major project locations include Al Furjan, close to Expo 2020, Meydan (MBR City) close to Downtown Dubai, The Palm Jumeirah, Downtown Jebel Ali, Dubai Healthcare City, Sports City and Studio City.
Azizi has a varied local and international user base involving investors and end users which span over 100 ethnic groups. With its Headquarters at the heart of Dubai on Sheikh Zayed Road, Azizi employs around 1,200 people covering more than 50 different ethnic groups. Azizi at present has approximately 100 in progress projects that are due to be offered between 2021 and 2023 and more than 100 additional projects in the development, worth several billion US dollars that are estimated to be completed between 2023 and 2025. From mid-income, value-orientated residential communities with retail and Food & Beverage to luxury beachfront communities on The Palm Jumeirah for the astute, Azizi has a diverse collection to suit all budgets and choices.
Azizi has received international recognition for numerous prestigious industry accolades involving several Developer of The Year Awards and Best Luxury Residential Development for Riviera in Meydan, (MBR City).