Azizi Developments says it is making rapid progress on Park Avenue residential community

The firm says revamping procurement procedures and using reputed contractors has enabled it to achieved faster construction at higher quality levels

Developer Azizi Developments said that it has made rapid progress across its three premium off-plan projects: Park Avenue I, II and III, in Mohammed Bin Rashid City in Dubai.

In a statement, Azizi said that Park Avenue I is now 38% complete, Park Avenue II is at 41%, and Park Avenue III is at 40%. The project comprises of 372 residential and 29 retail units, with each of the three buildings having its own fully equipped gym and swimming pool. It added that work is progressing swiftly, with the structure of Park Avenue I now being 84% complete and Park Avenue II and III’s structures now having reached 96% and 97%, respectively. The total workforce also increased to 340 to further accelerate construction.

In May 2022, the developer signed an agreement with Nerkal Interior for luxury interiors at its Riviera megaproject and, later in the month, said its 245-unit Berton development is on track for delivery in Q3.

Farhad Azizi, CEO of Azizi Developments, said: “We have made significant progress with Park Avenue I, II and III. By revamping our procurement procedures, and by having selected reliable, trustworthy contractors only, we’ve achieved faster construction and at noticeably higher quality levels, exceeding the needs and wants of our valued investors and end-users. The Park Avenue developments are in great demand from local and foreign investors due to the sophisticated, affluent, and contemporary lifestyle they offer through their build quality, strategic location and exceptional amenities.”

The Park Avenue project is said to be easily accessible and is in close proximity to the developer’s French Mediterranean-inspired master-planned community, Riviera, as well the upcoming Meydan One Mall, the Meydan Grandstand, The Track, and is a 10-minute-drive to Dubai Mall and Downtown Dubai.

In June, the developer said it had started to handover Creek Views I in Dubai Healthcare City.

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