Dubai – Mubasher: Azizi Developments announced on Tuesday a new residential project, Azizi Grand, along with three new residential and commercial projects in Meydan Avenue at a combined value of AED 750 million.
Situated on 41,100 square metres, Azizi Grand, the company’s first project in Dubai Sports City, will comprise 431 apartments with balconies including 238 studios, 140 one-bedroom apartments, and 53 two-bedroom units, the UAE-based developer said in a statement.
“We are confident that Azizi Grand’s modern design and superb location will offer a high-value proposition for long-term investors and end-users looking for strong returns,” Azizi Group chairman Mirwais Azizi commented.
The new projects at Meydan Avenue – Azizi Gardens, Azizi Park Avenue, and Azizi Greenfield – will include three low-rise buildings located along the Meydan Road and comprise a total of 242 one- and two-bedroom apartments featuring landscaped areas, parks, gardens, along with a waterfront.
“Its proximity to the Meydan Grandstand in the midst of the racing hub of Dubai makes Meydan Avenue a prized opportunity for developers to complement the city’s infrastructure and offers a great investment experience for future residents and investors,” the chairman concluded.
