Dubai – Mubasher: Azizi Developments Company announced on Wednesday its plans to launch the Azizi Shaista Serviced Residences project with total investments of AED 250 million ($68.05 million).
The Dubai property developer said that the project will be delivered in 2018, adding to its portfolio of 20 projects with a total value of AED 7.3 billion, according to a statement.
The company’s CEO, Farhad Azizi, expected the project to provide more than 277,000 job opportunities, and forecasted the project revenues to reach $23 billion.