Finishing and façade work on the Palm Jumeirah-based Mina by Azizi serviced apartment block is under way, according to Azizi Developments.
Construction work is moving ahead as planned and onsite pictures show that the seven floors of the structure have already been built.
Mina by Azizi is located on the north-eastern crescent of the man-made Palm Jumeirah island.
The $212m (AED780m) serviced apartment development spans 4.1ha and includes 120 one-bedroom apartments, 54 two-beds, four penthouses, as well as six retail units covering more than 1,500m².
The development is one of several community lifestyle projects that Azizi Developments is working on exclusively in Dubai. Others include the $3.2bn Azizi Riviera waterfront mega-development in Meydan One that will feature approximately 13,000 units, and Azizi Victoria that will feature 30,000 units.
On the progress of Mina by Azizi, chairman of the eponymously named developer, Mirwas Azizi, said: “The market is witnessing a demand for projects in iconic waterfront locations and Mina by Azizi on the Palm Jumeirah was conceptualised to address this need. The project will offer community amenities and beach access.”
Mina by Azizi is set for delivery in Q3 2018.
Earlier this year the chief executive officer of Azizi Developments, Farhad Azizi, said the project was due to be completed ahead of schedule and would be done between July and September 2018.
Delivering projects on time or ahead of schedule has become somewhat of an operational ethos for Azizi Developments, as the business has systemically reported that its various projects were either on track or progressing faster than expected.
The business delivered an early handover of serviced apartment block Azizi Farishta in the second quarter of 2018. The update came in the same month, February 2018, as the developer said its $117m (AED430m) Azizi Plaza serviced apartments project was ahead of its schedule.