Developer says project is a response to rising demand from millennials
Azizi Developments has launched a new residential project in Dubai Studio City.
Mirage will have a built-up area of 38,163sqm and is said to be designed with the young generation in mind.
The project will feature 444 units comprising 253 studios, 155 one- and 366 two-bedroom apartments. It will feature chic and tastefully architected development that gives emphasis to vertical features and curved forms that resemble the buttresses of early European structures, all while embodying a modern and sleek design, said the developer in a statement.
“Mirage in Studio City is our response to a rising demand for housing that reflects the aspirations of young millennials, a demographic that is of an increasing importance and holds the key to the growth of our economy. Dubai represents an ideal environment for this segment, with it being a promising city that allows young professionals to pursue an enhanced lifestyle. Empowered, financially confident and socially stable millennials are realising that owning a property, rather than renting one, enables them to invest in a lucrative asset while incurring lower monthly accommodation costs,” said Farhad Azizi, CEO of Azizi Developments.
The developer states that Mirage is built for free-spirited thrill-seekers and is being embedded in one of the most vibrant and youthful areas in the emirate, adjacent to Dubai Sports City and Motor City.
“We are pleased to cater to this shift in awareness and understanding by not just tailoring our products to their liking, but by also helping them overcome their fear of commitment through affordable and flexible payment plan options,” added Azizi.