Azizi Developments has announced its newest project in the burgeoning neighbourhood of Al Furjan.
Azizi Plaza will encompass residential, commercial and retail space with fully furnished serviced apartments catered towards convenient, affordable luxury living for professionals and families.
Valued at approximately AED 430mn ($117mn), Azizi Plaza will have on-site hotels, outdoor sports facilities, community retail centre, common areas, landscaped gardens, schools, public transport access, private pool, spa, and gym.
The Plaza will encompass a total of 434 units comprising 286 studios, 46 one-bedroom apartments and 102 two-bedroom apartments and a total retail space of 9,400 square feet. Azizi Plaza is scheduled for completion by 2018.
Farhad Azizi, CEO of Azizi Developments, comments: Azizi Plaza is another project in our line of affordable luxury apartments that have been popular with investors and clients in the past.
It has been earmarked as a good time for investment in real estate and we at Azizi Developments hope that investors would place Azizi Plaza at the top of their lists.
Furthermore, Azizi Developments is delighted to announce that along with our newest project, Azizi Plaza, we will also be offering affordable payment plans that are flexible enough to suit each individual client.
We value our clients comfort and we have even developed an in-house renting option so that potential investors never have to worry about renting out their investments.
Azizi Plaza will proffer a flexible payment plan: a 1 percent down payment to secure the unit and another 4 percent within 30 days. Subsequently, the plan also requires a 2.5 percent for the next 10 months and 70 percent upon handover.