Total value of residential and commercial projects is said to be $204.19mn
Azizi Developments has announced a new residential project in Dubai Sports City. Azizi Grand will consist of 431 apartments, which will be spread across 47,100sqm and will include ‘dramatic architectural features that resembles four towers merging into one’.
As per a statement from the developer, the residential project will feature 238 studio units, 140 one-bedroom and 53 two-bedroom units. The project will be located along Sheikh Mohammed bin Zayed Road.
In addition, the developer also announced three other residential and commercial projects in Meydan Avenue. The total value of all the new projects is said to be $204.19m.
“As Azizi Developments’ first project in Dubai Sports City, Azizi Grand is a reflection of our strategy to develop products in strategic areas of Dubai where neighbourhoods and communities will thrive. We are confident that Azizi Grand’s modern design and superb location will offer a high-value proposition for long-term investors and end-users looking for strong returns,” said Mirwais Azizi, chairman of Azizi Group.
Azizi Gardens, Azizi Avenue and Azizi Greenfield will all take shape at Meydan Avenue and will consist of three low-rise buildings located along the Meydan Road, which leads to the Meydan Hotel and Meydan Racecourse and Grandstand.
Azizi added, “We are also proud to announce the launch of our third development with Meydan, reflecting the master developer’s confidence in our development plans. As a construction-driven company, we are focused on developing community lifestyle projects in prime locations in Dubai, such as Meydan Avenue. Its proximity to the Meydan Grandstand in the midst of the racing hub of Dubai makes Meydan Avenue a prized opportunity for developers to complement the city’s infrastructure and offers a great investment experience for future residents and investors.”
The three individual complexes will comprise a total of 242 one- and two-bedroom apartments, which are said to ‘incorporate elements of open green spaces, including landscaped areas, parks, gardens and a waterfront feature that gives an aesthetic appeal’.