Dubai-based developer, Azizi Developments, announced that the AED300mn Montrell by Azizi and AED350mn Roy Mediterranean by Azizi have been completed and handed over in Al Furjan.
In line with the developers ambition to deliver projects ahead of schedule, Azizi Developments completed more than 2,000 units in Al Furjan since 2016. Roy Mediterranean by Azizi and Montrell by Azizi are the 11th and 12th projects to be completed and handed over in Al Furjan and were completed in a record time of 18 months and 17 months respectively.
Mirwais Azizi, chairman of Azizi Group, said: The successful completion of these two projects is a testimony to our commitment to delivering best-in- class residential properties. We believe that investors and buyers of Montrell by Azizi and Roy Mediterranean by Azizi will benefit from prime, high-demand locations like Al Furjan and an alpha return on investment leading up to and during the Expo 2020 Dubai.
Comprising 224 studios and 47 one-bedroom apartments, the Roy Mediterranean by Azizi occupies 26,513sqm and will offer 975sqm of retail space. Montrell by Azizi provides 168 studios and 54 one-bedroom units, 696sqm of retail space, and spans a total construction area of 22,876sqm.
Quality and timely completion of projects remains our top priority and we are continuing to make strong progress across Azizis live developments, added Azizi.
Both the AED350mn Aliyah Residences by Azizi in Dubai Healthcare City and the AED780mn Mina by Azizi project on the Palm Jumeirah have progressed ahead of schedule and will be delivered in Q2 2018 and in Q3 2018 respectively.