Azizi Developments receives completion certificate for Shaista residential project
284-unit residential tower is located in Al Furjan and is part of 46 projects expected to be completed this year by the developer
Azizi Developments, the Dubai-based private real estate developer, has said that it has received the completion certificate from the Department of Planning and Development (Trakhees) for its residential project, Shaista, which is in Al Furjan, located in Dubai’s new growth corridor.
In a statement, Azizi said that Shaista contains 284 units, spread across 12 residential floors. The units comprise of 137 studios, 124 one-bedroom apartments, and 15 two-bedroom apartments. There are also eight penthouses and 7,100sqft of retail space in the building.
Trakhees is the regulatory arm of Dubai’s Ports, Customs and Free Zone Corporation (PCFC). It is responsible for licensing and regulating businesses in special development zones and areas.
Residents at Shaista will be in proximity to Ibn Battuta Mall, Discovery Gardens, The Gardens, Jebel Ali Village, and Jebel Ali Free Zone, all of which are just five minutes away.
Al Furjan is also part of Route 2020, the metro route that links it to the Expo 2020 site and the emirate’s many leisure, business and retail hubs via Dubai Metro’s Red Line, said the statement from Azizi.
From Shaista, Al Maktoum International Airport and the Expo 2020 site can be reached in just 15 minutes and Dubai Marina and JBR in only 10 minutes, it added.
Chief Development Officer Mohamed Ragheb Hussein said: “We are delighted to have completed Shaista in the first quarter of the year, with many handovers to follow in the coming weeks and months.”
“We are looking forward to completing a total of 46 projects this year, comprising over 10,000 units and more than 11.2 million sq ft of built-up area,” stated Hussein.
“Shaista, a world-class development that caters to both end-users who wish to move from renting to a more lucrative, elevated owned-home lifestyle as well as to investors who appreciate Al Furjan’s growing rental yields, is the first of our many completions in 2021,” he concluded.
