Dubai

The boom times for off-plan launches in Dubai is not about to take a breather — Azizi Developments has officially confirmed that it launch a Dh25 billion (in sales value) development at “central Dubai” this month itself. The project will draw inspiration from a “British-inspired lifestyle”.

The developer had earlier launched a Dh12 billion venture, at Meydan One. It had been one of the most heavily promoted — and sold — projects at the recent Cityscape Global event.

“Azizi Developments is steadfast in its commitment to developing properties in Dubai and promoting it as one of the top-ranking cities in the world, surpassing the likes of Singapore, Hong Kong and New York,” said Mirwais Azizi, Azizi Group Chairman.

Of late, Azizi has been promoting Dubai’s realty’s resilience internationally, with the opening of its first international sales offices in Chennai (India) and with plans to open more in the GCC, the UK and Pakistan in the near future.

“Dubai remains a stable investment choice for foreign investors. The size and scale of our new project is a testament to this, and reiterates our alignment with Dubai’s Vision 2021,” the Chairman added.