Dubai – Mubasher: Azizi Developments plans to launch 200 real estate projects during 2018, with a total cost of AED 40 billion, chairman Mirwais Azizi stated on Sunday.
Meydan District will house 190 of these new projects, which are scheduled to be completed by the end of 2019, Azizi added, according to Al Khaleej newspaper.
The UAE-based developer has devised a plan to acquire a considerable share of Dubai’s real estate market, Al Khaleej reported, citing the chairman as saying.
Azizi Developments will add 55,000-60,000 residential units to the real estate sector in the coming period, the top official concluded.