April 2020
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Dubai real estate projects in full swing

Dubai real estate projects in full swing

Dubai, United Arab Emirates, 16 April 2020: Azizi Developments, a leading private developer in the UAE, has announced that its projects across Mohammed Bin Rashid City (MBR), Palm Jumeirah, Dubai Healthcare City, Al Furjan, and Downtown Jebel Aliare well underway, with construction progressing swiftlydespite global COVID-19 challenges.

According to the 24-hour sterilisation programme issued by Dubai’s Supreme Committee of Crisis and Disaster Management, some sectors are exempted from the restrictions, including the construction sector, which is pivotal to the UAE’s economy and the well-being of its residents. With Azizi being a leading developer in this vital, functioning industry, all of its projects are currently in full swing.

In the first three months of 2020, Azizi Developments has casted over 112 slabs, poured over 55,970 cubic metres of concrete, and constructed over 1,326,978 sq. ft of built-up area (BUA), with a monthly average building progress of nearly 8%per cent and over 1,637,421 recorded man-hours.

Azizi Developments’ Al Furjan projects, Star, Shaista, and Plaza, recorded 72, 78, and 90 per cent construction completion rates respectively. Aura in Jebel Ali is at 85 per cent and Mina has reached a construction milestone of 91 per cent, while Aliyah in Dubai Healthcare City was completed last year, and Samia and Farishta in Al Furjan earlier this year. Construction at Riviera is now at 60per cent, with infrastructure work progressing swiftly. Several buildings in the first phase of Riviera are scheduled for completion by year’s end, with handovers taking place shortly thereafter. Azizi plans to complete a total of approximately 3,000 units in 2020.

Farhad Azizi, CEO of Azizi Developments,commented: “As a construction-focused developer, we are working aroundtheclock to complete our projects, especially now,at a time whena comfortable home is more important than ever before. While we have taken several precautions, we are fully operational and proud to be a leading entity in one of the UAE’s most vital sectors. We are committed to our unremitting pursuance of developinghomes and lifestyles, and ourintegral role insafeguarding the real estate sector against the implications of COVID-19.Despite the current global situation, we will continue to develop our projects at an accelerated pace and proactivelyserve as a catalyst to the UAE’s vision and development, which is both a privilege and an honour that guides our every step.”

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