Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has marked a major milestone in the construction of Plaza, an exceptionally well-connected residential development in the heart of Dubai’s new growth corridor – Al Furjan. Construction has now reached 90%, with the building being scheduled for completion by Q2, 2020.

In line with Azizi Developments’ commitment to timely delivery, the company is making dedicated efforts to swiftly finalise the 434-unit development, which comprises 286 studios, 46 one-bedroom units, 86 two-bedroom residences, and 16 luxurious penthouses.

Plaza’s structure is 100 per cent complete, while both the blockwork and internal plaster are at 99 per cent. Moreover, tiling now stands at 98 per cent and both heating, ventilation, and air conditioning (HVAC) and the second mechanical, electrical and plumbing (MEP) fix have recorded 91 per cent. Progress on the external works is on schedule as well currently at 42 per cent, with the swimming pool having reached 81 per cent. Overall finishing works are at 88 per cent, while the façade and elevator works have reached 90 and 92 per cent respectively.

Mohammed Ragheb, Executive Director – Engineering Division at Azizi Developments, said: “Plaza constitutes 434 units of the approximately 3,000 homes that we are well on track to deliver this year. With the remarkably swift material sourcing and increased workforce, we are confident that we will complete this impressive, sizable project within a few months, in the second quarter of 2020.”

“Plaza is truly a reflection of our philosophy of developing world-class properties embedded in master-planned communities that offer outstanding convenience in the form of retail and lifestyle options, easy connectivity and a true sense of belonging. Al Furjan grants residents a healthy, balanced and social lifestyle, with accessibility and human comfort at its core”, he added.

Plaza is situated in one of the most promising high-growth corridors of new Dubai, a highly sought-after location that 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, facilitated by its direct highway and metro line connectivity. With reports of over 25 million anticipated visitors to Dubai set to catalyse the real estate growth in the build-up, onset and after Expo 2020, and the site continuing to thrive as a hub for entertainment and leisure activities even after the event, Plaza’s prime locality sets it apart as one of the most lucrative developments in Dubai.

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.