Azizi Developments marks 61% construction milestone of Mina by Azizi on Palm Jumeirah

Dubai, United Arab Emirates: Azizi Developments, one of the leading private developers in the UAE, achieved an impressive milestone of over 61% completion of Mina by Azizi, its flagship residential development on the iconic Palm Jumeirah. Highlighting the company’s commitment to on-schedule delivery, especially as it marks 2019 as the Year of Construction, Azizi Developments aims to hand over 178 residences that comprise 120 one-bedroom and 54 two-bedroom units as well as four spacious penthouses by December this year. With overall construction progress of 61%, Azizi Developments is working with established contractors and leveraging advanced technology to accelerate the project progress. To date, the completion of blockwork is at over 85%, internal plastering at 70%, HVAC at around 50%, and the second MEP fix at over 55%. Work on the tiling, swimming pools, façade, elevator installation, and overall finishes is also advancing swiftly. Farhad Azizi, CEO of Azizi Developments, said: “The fast-paced construction at this outstandingly prestigious development, which boasts a spectacular location on Palm Jumeirah, underlines our customer-first mindset and clear commitment to deliver on our promises. With our focus on transparency, we deliver timely updates to keep our customers well-informed at all times. With projects like Mina by Azizi, we continue to deliver on our mission to enrich lives and catalyse the growth of the UAE.” Immaculately designed to leverage its waterfront location and overlooking the Arabian Gulf with stunning views of the city’s skyline, Azizi Mina offers residents seaside serenity at its finest, as well as a range of exceptional amenities that include private beach access. Over 69% of their total area is allocated for gardens, a children’s play area, a jogging track, and outdoor spaces. Moreover, Mina is host to two swimming pools, a dedicated retail precinct, a fully equipped gym, a health club, a sauna, covered parking, and concierge service. Featuring premium residential and commercial units, Azizi Mina has a total gross floor area of over 22,991 square metres. Prices of the Azizi Mina homes start at AED 2.3 million with attractive payment plans available for investors. Penthouse customers will also be able to design their own homes. Located on the East Crescent of Palm Jumeirah, residents have easy access to The Palm Monorail, Dubai Tram, and Dubai Metro as well as to a range of hotels and other retail and leisure attractions. Mall of the Emirates is around 10 minutes away while JBR, Dubai Eye, and Dubai Marina — with its extensive range of F&B and leisure choices — are only 20 minutes away. -Ends- About Azizi Developments Azizi Developments is the real estate investment arm of Azizi Group, which was established in 1989. The company’s diverse experience in the international property market has enabled it to expand to include a portfolio worth over AED45billion in Dubai, with more than 200 projects under various stages of development. Azizi Developments was awarded ‘Best Developer of the Year’ at the Arabian Business Real Estate Awards 2019, as well as ‘Developer of the Year’ at the Construction Innovation Awards for three consecutive years in 2016, 2017 and 2018. The company is a keen advocate of the UAE Vision 2021 and has been instrumental in developing iconic properties in Meydan, Palm Jumeirah, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Downtown Jebel Ali. For more information on Azizi Developments, please contact: Tizian H. G. Raab Head of Public Relations and Communications M: +971 55 867 3606 Email: tizian.raab@azizidevelopments.com © Press Release 2019 Disclaimer: The contents of this press release was provided from an external third party provider. 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Azizi Developments marks 61% construction milestone of Mina by Azizi on Palm Jumeirah

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