Consultant

Azizi to release 150 retail units across its developments

Move is in response to demand for additional retail units following the initial release of over 600 units

Over 150 retail units will soon be released across its various projects, Azizi Developments has announced. The units will be spread across several of the developers’ projects including the master-planned community in Riviera, Creek Views in Dubai Healthcare City and several buildings in Al Furjan.

According to a statement from the developer, the move follows the mantra of saving the best for last, as the units make up some of Azizi’s finest, most ideally located and most ROI-inclined retail spaces in Dubai.

“We are delighted to announce the release of an additional 150 retail units across our most sought-after projects, as our response to the increasing demand for prime retail space in the emirate, having already sold the initially released 600+ units. It fills us with great pride to know that our projects, strategically located in the most growth inclined parts of the city, form a substantial portion of the outstanding offerings that satiate this growing demand,” said CEO Farhad Azizi.

The firm also said that construction has been progressing more rapidly than ever before in 2021, a momentum the developer is upholding well in 2022. In the past year alone, Azizi says it handed over thousands of units, including those of Aura in Jebel Ali, Mina on Palm Jumeirah, and Samia, Farishta, Shaista, Plaza and Star in Al Furjan, stated the developer.

Having added the 2.7km-long crystal lagoon to Riviera, Azizi said his firm was enriching the lives of its residents immeasurably. This is very well reflected in the number of inquiries Azizi is receiving for – and sales volumes of – units that are adjacent to it, he added.

He concluded, “It is a win-win situation in which our investors and end-users benefit from recreational and convenience options, while commercial organisations will have a vibrant, lively atmosphere to successfully conduct businesses in.”

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