• The projects have a combined value of AED 500 million

Dubai: Azizi Developments, one of the leading private developers in the UAE, has announced their new residential development Azizi Mirage 1 & 2 in Studio City, adjacent to the site of the Dubai Expo 2020.

The first of the two buildings to be launched, Azizi Mirage 1, covers a built-up area of 300,000 sq. ft. Azizi Mirage 1 will consist of 186 apartments with the option of one, two, or three bedroom residences as well as two swimming pools.

The crystallised L-shaped building complements and enhances the natural elements surrounding it, including extended terraces and podium units. Furthermore, its graceful futuristic design features a deconstructed façade that lends a strong contemporary feel to the entire development.

Mirwais Azizi, Chairman of Azizi Group, said: “As we continue to expand into prime locations across the Emirate, we are proud to announce Azizi Mirage 1 & 2 in Studio City which has all the hallmarks of a true community-inspired development. Once complete, it will make premium living in one of Dubai’s fastest developing neighbourhoods a reality. The Studio City projects are a part of Azizi’s strategy to contribute to the infrastructure and supply of quality residences around the Expo 2020 site”.

Azizi Mirage 1 offers eight floors of apartments – 186 in total. There are 113 one-bedroom, 69 two-bedroom, and 4 three-bedroom apartments to choose from. The apartments are built for comfort, with spacious one-bedroom apartments at just under 850 sq. ft, and extensive three-bedroom apartments with over 2,000 sq.ft of space. The range of amenities will be supplemented by balconies and extended terraces according to the unit plan, to maximise the view of the surroundings for visitors and residents.

The development offers beautiful views of the Green Community and is also easily accessible with convenient access from Hessa and Al Qudra roads. Only a 20-minute drive from Dubai World Central (DWC) airport and a 15-minute drive to City Centre Me'aisem, Azizi Mirage is situated in close proximity to key locations in Dubai and will be an optimally placed residential area for people visiting Expo 2020.

In conclusion, Mirwais Azizi said: “With the announcement of this development in Studio City, Azizi Developments will offer a key investment opportunity for buyers and investors who are looking for a solid return on investment with the upcoming Expo 2020.”

Azizi’s expansion plans into Studio City mirror the developer’s rapid development and expansion into prime locations across the Emirate including the French-inspired waterfront lifestyle project, Azizi Riviera in Meydan One and the mega mixed-use urban project, Azizi Victoria in Mohammed bin Rashid Al Maktoum City – District 7, as well as other projects in Dubai Healthcare City, Sports 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 led the value of its current portfolio in the emirate to over AED20billion and more than 100 projects at 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, and has been instrumental in developing some of the finest properties in The Palm Jumeirah, Meydan, Dubai Healthcare City, Al Furjan, Studio City, Sports City and 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

Tel: +971 52 499 3660

Email: lama@bpgcohnwolfe.com

© Press Release 2018