Dubai: Azizi Developments, one of the leading private developers in the UAE, has announced the status of their upcoming AED780mn project on the Palm Jumeirah, Mina by Azizi.

The developer has announced that construction is progressing with finishing and façade works currently underway.

Commenting on the update, Mirwais Azizi, Chairman of Azizi Developments, 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, which will transform residential living on the Palm.”

With its well-crafted design and prime waterfront location on the ‘crescent’ of the luxurious Palm Jumeirah, one of UAE’s most sought-after destinations, Mina by Azizi features panoramic views of the sea and provides beach access to 174 residential apartments and four luxurious penthouses.

The project will be the new lifestyle destination on Palm Jumeirah covering a total area of 452,000 sq ft. which includes 120 one-bedroom, 54 two-bedroom, and 4 penthouse residences. In addition, it will include a total of six retail units across an area spanning 16,500 sq. ft. The project’s presence on one of the most prime locations in world will provide significant returns for those looking to live for a luxurious lifestyle.

This developments are in addition to the developer’s community lifestyle projects Azizi Riviera in Meydan One and Azizi Victoria in Mohammed bin Rashid Al Maktoum City – District 7, as well as other projects in Dubai Healthcare City, Al Furjan and Jebel Ali.

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About Azizi Developments

Azizi Developments is the real estate investment arm of Azizi Group. Established in 2007, the company’s diverse experience in the property market has enabled it to expand to include a portfolio worth over AED45billion in the emirate, with more than 200 projects under various stages of development.

Azizi Developments was awarded ‘Developer of the Year’ at the Construction Innovation Awards for two consecutive years in 2016 and 2017. The company has also been instrumental in developing iconic properties in Meydan, Palm Jumeirah, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.

For further information about Azizi Developments, please contact:

Alice Tobin – Corporate Communication Manager

Marketing and Communication Department, Azizi Developments

Tel: +971 50 122 5427

Email: alice.tobin@azizidevelopments.com

Lama Barr

BPG Cohn & Wolfe

Mob: +971 52 499 3660

Email: lama@bpgcohnwolfe.com

© Press Release 2018