Azizi Developments awards AED200 million contract for serviced residence projects in Al Furjan

George Sell George Sell Uploaded 21 May 2016


UAE: Azizi Developments has awarded a AED200 million contract to Dubai-based Keilani Construction Company to build two new serviced residences in Al Furjan.

The two nine-storey projects, named Roy-Mediterranean and Montrell, will feature studios and one-bedroom apartments. Both are already under construction, and will be delivered by the end of 2017.

Facing the Dubai Investment Park roundabout, Roy-Mediterranean will feature 271 units including 224 studios and 47 one bedroom apartments. Montrell comprises 222 units, divided into 168 studios and 54 one-bedroom residences.

Both will have facilities including laundry and valet parking, room service, landscaped gardens, restaurants, café, gymnasium, swimming pool, kids' pool, spa, and prayer rooms. All the apartments will be fully furnished at the time of delivery.

Farhad Azizi, CEO and vice chairman of Azizi Developments, said: "We as developers like to think out of the box, and our departure from traditional real-estate practices is one of our biggest appeal. In this, project, for instance, most of the construction is concentrated in one area of Al Furjan. But we are the first developers to begin development on the other side of the road and hopefully others would follow suit. The location is also in close proximity with the under construction Al Furjan Pavilion West Community Centre which adds to the value.

"Over a few short years, Azizi Developments has earned a reputation as a solution provider and a smart developer. We just don't build buildings, we take into account all the needs and wants of our clients and cater to them. For example, the projects in Al Furjan are just a short drive away from Jebel Ali Freezone. This makes it an ideal arrangement for people who cover long distances daily to reach their workplaces in Jebel Ali. We are offering them apartments that are closer to their workplace, boast of world-class facilities and amenities, luxury, style and convenience and give value for their money, and can also serve as company accommodation. And we are doing all this within a specific timeframe with no waiting list attached," he added.


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