Azizi Developments, a leading private developer in the UAE, has broken ground on Avenue, its new three-building community in Mohammed bin Rashid City (MBR City), Dubai’s most popular residential destination by sales transactions, move-in requests and property prices.
The ground-breaking ceremony for the AED300 million ($81.6 million) project was attended by senior members of the company’s management team including the Founder and Chairman Mirwais Azizi and CEO Farhad Azizi.
Avenue consists of three developments with a total of 427 units: Park Avenue I, which will comprise 89 one- and 7 two-bedroom units, Park Avenue II with 30 one- and 115 two-bedroom apartments, and Park Avenue III, which will feature 160 one- and 26 two-bedroom homes.
All Avenue buildings come with their own fully equipped gyms and swimming pools, said the developer.
Built around the concept of connected serenity, Azizi’s Avenue projects are the epitome of a strategic, easily accessible and convenient location that is its own little getaway within the city, it stated.
Surrounded by greenery and in proximity to Azizi’s French Mediterranean-inspired master-planned community - Riviera, the upcoming Meydan One Mall, the Meydan Racecourse, and with only a 10-minute-drive to Dubai Mall and Downtown Dubai, these contemporary homes are ideally located for those wanting access to some of the city’s most vibrant points of interest while also being able to bask in the tranquillity of their own community.
On the new project, Azizi said: "With the first two phases of our flagship project in MBR City, Riviera, having received such an extraordinary investor response and almost being sold out, launching the Avenue community is our respose to the remarkable, increasing demand for this very up-and-coming part of Dubai."
"We look forward to enriching the lives of many more families by further driving the catalysation of the marvellous emirate of Dubai – the place that we at Azizi are proud to call our home," he added.-TradeArabia News Service