(MENAFN- Mid-East.Info) The strategically located development is set to be completed by Q4 2023
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced the 58% completion of its prestigious Park Avenue III project, located in the highly sought-after MBR City, with the completion date set for Q4 2023. Park Avenue is a well-connected premium residential community strategically located in one of Dubai's most popular and well-connected areas.
Park Avenue comprises three buildings comprising 372 residences and 29 retail units; each building comes fitted with a fully equipped gym and swimming pool. Work is rapidly progressing, with Park Avenue III's structure being 100% complete and blockwork and internal plaster being at 98% and 86%, respectively. Tiling, HVAC, and MEP now stand at 22%, 23%, and 32%, respectively, while the façade is 96% complete. Overall finishes are at 32%, and the manpower across Park Avenue was expanded to 660.
In his comments, Mr. Farhad Azizi, CEO of Azizi Developments, said:“We are currently seeing exceptionally swift progress across all our projects, with Park Avenue III being no exception. By working in close harmony with our contractors, carefully selected by us as the best-in-class, and by taking the reins in procuring top-of-the-line building materials ourselves, we have successfully expedited our construction while achieving even higher levels of build quality. Park Avenue III is remarkable in the lifestyle that it grants those who will reside in it, with its premium quality, outstanding location, well-thought-through design, and comprehensive set of amenities.”
Built around the concept of connected serenity, Azizi's Park Avenue project is the epitome of a strategic, easily accessible, and convenient location that is its little getaway within the city. Surrounded by greenery and in proximity to Azizi's French Mediterranean-inspired master-planned community, Riviera, the upcoming Meydan One Mall, the Meydan Grandstand, The Track, and only a 10-minute-drive to Dubai Mall and Downtown Dubai, these contemporary homes are ideally located for those seeking access to some of the city's most vibrant points of interest while also basking in the tranquility of their community with panoramic views of Dubai's skyline.
Near Park Avenue, Azizi Developments recently launched Rêve within its 24-building, ultra-luxury phase in Riviera. The developer has also recently completed 6,000 units across 30 buildings in Riviera, its prestigious MBR City community near Park Avenue, and the 634-unit Creek Views I project in Dubai Healthcare City.
About Azizi Developments:
Azizi Developments is a leading developer based in Dubai, UAE. With tens of thousands of homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai's most sought-after residential and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. Azizi's residential and commercial properties are investor friendly, catering to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in.
Azizi currently has approximately 10,000 units under construction that are to be delivered by 2025, and an additional 31,000+ units in planning, worth several billion US dollars, that are projected to be delivered between 2025 and 2028. The company is renowned for developing the UAE's second tallest skyscraper, has a strong track record and sizeable project pipeline through its extensive land bank and strategic partnerships with Dubai's key master developers, and is instrumental in developing world-class properties in MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.