Azizi Developments has said it will continue its rapid pace of development in Dubai’s Al Furjan district in 2018 as it readies seven projects for delivery in the first and second quarters of 2018
The seven serviced apartment projects are ahead of planned schedule and have a combined value of US$500,000 (AED1.8bn).
With construction works being carried out 24 hours a day, seven days a week, Roy Mediterranean and Montrell are set to be delivered in February, while the other projects to be delivered in Q2 2018 include Plaza, Azizi Star, Samia, Farishta and Shaista.
The projects will add more than 2,000 homes to the Al Furjan community comprising of studio, one- and two-bedroom apartments and a commercial area.
Farhad Azizi, CEO, Azizi Developments, said, “Construction is a crucial part of our business and we remain committed to building and delivering homes to our customers on time. Azizi Developments was one of the first developers to start building in the Al Furjan community back in 2013.”
In December last year, Azizi announced an investment purse of US$2.47bn (AED9.1bn) across its operations in the UAE in 2018, significantly higher than its investments in 2017.