|25 February, 2020

Azizi completes 284-unit residential project in Dubai

The project is located within Al Furjan community

Azizi Developments, image for illustrative purposes.

Azizi Developments, image for illustrative purposes.

Azizi Developments/Handout via Thomson Reuters Zawya

Azizi Developments, a leading private developer in the UAE, said work has been completed on its 284-unit residential project Farishta, located within Al Furjan community in Dubai.

Faristha, which comprises a mix of 137 studios, 124 one- and 15 two-bedroom apartments and eight spacious penthouses, will be handed over shortly.

On the achievement. Founder and Chairman Mirwais Azizi said: "It is with great pride and excitement that we mark our 14th project completion in Al Furjan, one of the most sought-after, growth-inclined and highly strategic locations in the emirate."

"As we celebrate the inauguration of Farishta, a remarkable residential development that reflects world-class construction standards, we thank the thousands of hardworking, dedicated individuals who came together to turn our vision into reality – each and every one of them played a pivotal role in delivering these homes to hundreds of happy families from many different walks of life – homes where memories will be created, shared and treasured for generations," remarked Azizi.

Farishta is situated in one of the high-growth corridors of new Dubai — a prime location that, through its direct highway and metro line connectivity, boasts easy access to the Dubai Expo 2020 site, Ibn Battuta Mall, Dubai Marina, and JBR among many other of the emirate’s points of interest, he stated.

With reports of over 25 million anticipated visitors to Dubai set to catalyse the real estate growth in the build-up to Expo 2020, Farishta’s prime location sets it apart as one of the most lucrative developments in Dubai.

"With rental yields being on the rise in this blossoming community, we are delighted to have successfully delivered thousands of homes to local and international investors and end-users representing over 100 nationalities in Al Furjan," remarked Azizi.

"With many more completions and deliveries to come this year and beyond, Azizi looks forward to a very bright future," said its top official.

"As a catalyst to the UAE’s real estate market, development and growth, we will continue to add value, developing distinctive homes that set the standards in contemporary building design and offer unparalleled, ideal platforms to live, work and play," he added.-TradeArabia News Service

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