Construction

Azizi Park Avenue I project 58% complete

Work on the project is progressing at pace, as the workforce on site increases to 660

UAE-based Azizi Developments has announced that 58% of construction works has been completed on its premium off-plan project Park Avenue I, located in MBR City, Dubai.

The project comprises 372 residential and 29 retail units across three buildings, each of which comes with a fully-equipped gym and swimming pool.

Work is rapidly progressing, with the structure of Park Avenue I now being 98.3% complete, construction at 58%, blockwork at 99%, and internal plaster works at 84.6%. The total workforce was also increased to 660 to further accelerate construction, the developer explained.

In early September 2022, Azizi announced the purchase of land in a prime area in Dubai and, in early January 2023, the developer said it would deliver 11,000 units in Dubai in 2023.

On the ongoing project, Azizi CEO, Farhad Azizi said: “We have made significant progress with our Park Avenue project. By enhancing our procurement procedures and appointing only the most reliable contractors, we have achieved faster construction results, and have further raised the bar in our quality standards, exceeding the expectations of our valued investors and end-users. Strategically located, our Park Avenue developments offer excellent amenities and a distinguished, comfortable, and modern lifestyle that attracts both local and international investors.”

According to Azizi, the project is built around the concept of connected serenity, and is the epitome of a strategic, easily accessible and convenient location that creates its own ‘little getaway’ within the city.

Surrounded by greenery, Park Avenue is also near to Azizi’s French Mediterranean-inspired master-planned community, Riviera, as well as the upcoming Meydan One Mall, the Meydan Grandstand, and The Track. It’s also only a 10-minute-drive away from Dubai Mall and Downtown Dubai.

In early January 2023, Azizi said it would also develop a $5.4bn Dubai South project.

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