Search Business Opportunities
Mar, 27 2018

Al Furjan Takes Possession of Two Completed Projects from Azizi Developers

Roy Mediterranean has 224 studios and 47 one-bedroom apartments and the Montrell has 168 studios, 54 one-bedroom units and 7,500 square feet of retail space in a total construction area of 246,243 square fee.

Al Furjan Takes Possession of Two Completed Projects from Azizi Developers

Azizi Developments has announced that Montrell and Roy Mediterranean, with the AED 300 million ($81.6 million) and AED 350 million ($95.2 million) by Azizi have been completed and handed over to Al Furjan.

In a statement, Azizi Developments said, the developer successfully completed more than 2,000 units in Al Furjan since 2016, with Roy Mediterranean and Montrell being completed in a record time of 18 and 17 months.

Mirwais Azizi, chairman of Azizi Group said, “The successful completion of these two projects is a testimony to our commitment to delivering best-in-class residential properties.”

“We believe that investors and buyers of Montrell by Azizi and Roy Mediterranean by Azizi will benefit from prime, high-demand locations like Al Furjan and an alpha return on investment leading up to and during the Expo 2020 Dubai.”

Azizi’s Roy Mediterranean has 224 studios and 47 one-bedroom apartments and the Montrell has 168 studios, 54 one-bedroom units and 7,500 square feet of retail space in a total construction area of 246,243 square fee.

Mirwais Azizi added “Quality and timely completion of projects remains our top priority and we are continuing to make strong progress across Azizi’s live developments.”

 According to the company, Azizi’s are looking forward for two more developments, Aaliya Residences in Dubai Healthcare City ( AED 350 million ($95.2 million))  and Mina on the Palm Jumeirah ( the AED 780 million ($212.3 million))are expected to be delivered in Q2 and Q3 of this year.

Comment
User Name
Email
Star Rating
comment
Related opportunities
  • Gym99 is a unique and one-of-its-kind gym concept,introduced for the..
    Locations looking for expansion -NA-
    Establishment year 2017
    Franchising Launch Date 2017
    Investment size AED. 2lac - 5lac
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • Kitchen
    About: ROXX World store offers more than 800 products under one..
    Locations looking for expansion -NA-
    Establishment year 1995
    Franchising Launch Date 2010
    Investment size AED. 50 K - 2lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • Quick Service Restaurants
    Partner With Genuine Broaster Chicken“Broasting®” is a unique cooking method..
    Locations looking for expansion -NA-
    Establishment year 2015
    Franchising Launch Date 2015
    Investment size AED. 2lac - 5lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
  • Laundry & Dry Cleaning
    About u clean At UClean, we are building India's first organized..
    Locations looking for expansion -NA-
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size AED. 50 K - 2lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New Delhi -NA-
{{--