Construction

Azizi Development’s Creek Views achieves 37% completion rate

Residential tower is being developed within Phase Two of Dubai Healthcare City and is on track to be delivered by Q2 2021

Azizi Developments, the Dubai-based private developer, has announced that steady progress is being made on its residential tower project, Creek Views, which is located on Dubai Creek and has achieved nearly 37% work already completed.

Overlooking Dubai Healthcare City, the project is a 20-storey development featuring 634 residences, including 396 studios, 218 one- and 20 two-bedroom units, as well as 33,341sqft of premium retail space, a statement from the developer said.

The project is scheduled to be delivered by Q2 2021.

The freehold property is coming up within Phase Two of Dubai Healthcare City, which is a popular community that is seeing increased activity and increased demand. The project is sited on Al Khail Road, seven minutes away from Dubai International Airport, eight minutes from Dubai Mall, and nine minutes from Business Bay and DIFC.

Azizi highlighted the substantial investor response the project has received, in its statement, pointing out that more than 37 nationalities have invested in the project. The most substantial customer demographic are Emiratis, making up 25% of Creek Views sales. Completed transactions with Saudi nationals comprised 10% of sales, while Chinese nationals were 5%, it added.

The developer also said that the project is providing to be a popular choice with Europeans, with 5% of sales having been made to EU nationals. The remainder of the tower’s investors are GCC nationals, as well as a variety of customers from four continents, including North and South America, Asia and Africa.

Nima Khojasteh, the executive director for Sales and Marketing, said: “The phenomenal and outstandingly international investor response to our distinguished Creek Views residences, which perfectly cater to the high demand for quality homes in this blossoming area, reflects this exceptional project’s central and strategic location, its wide array of premium amenities, and the elevated lifestyle it offers.”

“Creek Views embodies the rapid progression and forward-looking spirit of Dubai – our home and a city that we are proud to catalyse,” stated Khojasteh.

The project merges views of both the old and new Dubai and embodies the city’s transition from a traditional, iconic past to a contemporary, reinvented future, the senior official said.

Built with the concept of modern luxury in mind, Creek Views will feature an all-inclusive health club comprising of a swimming pool, a fully equipped gym, a sauna, a steam room, as well as an outdoor yoga space.

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