UAE-based property developer Azizi Developments has finalised the construction of two apartment buildings worth US$124 million in Al Furjan, Dubai.
The Montrell by Azizi ($57.6 million) and the Roy Mediterranean ($67.2 million) were completed in a record time – within 18 months, and are the 11th and 12th completed works in Al Furjan by the company since it identified the region as a growth hub.
“The successful completion of these two projects is a testimony to our commitment to delivering best-in-class residential properties,” said Mirwais Azizi, founder and chairman of Azizi.
“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.
“Quality and timely completion of projects remains our top priority and we are continuing to make strong progress across Azizi’s live developments.”
The Montrell building features 168 studio apartments and 54 one-bedroom flats, while the Roy Mediterranean includes 224 studios and 47 one-bedroom apartments.