Azizi Developments’ Pearl reaches 50% construction completion

Press release

Published October 24th, 2023 - 08:15 GMT

PEARL

Azizi Developments, a leading private developer in the UAE, has announced that Pearl, its recently launched development in Dubai’s growth corridor, Al Furjan, is now 50% complete. Since launching the property in February, the developer has successfully sold 100% of its 192 studios and 54 one-bedroom apartments.
Pearl’s structure is now 99% complete, with blockwork at 95%, internal plaster and MEP at 67% and 39%, HVAC and tiling work at 50% and 28%, and façade and elevator installations at 26% and 32%, respectively. The final finishes are now at 29%. The anticipated handover is scheduled for Q1 2024.
Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are excited to share the extraordinary progress in our construction efforts, along with the remarkable achievement of selling out all our studios and one-bedroom apartments. The contractor’s outstanding performance has not just met but surpassed our rigorous quality control and assurance benchmarks, placing us firmly on course for an on-time, or potentially even ahead-of-schedule, project completion. Pearl’s strategic location, impeccable architectural design, flawless construction, and an extensive array of premium amenities within and around the building are all set to elevate the future residents’ living experience. This vision has received wholehearted endorsement from our stakeholders, evident in the robust demand from both local and international investors.”
Pearl, nestled within a booming community amidst lush greenery and mega-retail stores, is just one minute away from Mohammed bin Zayed Road and one minute from Al Furjan metro station, making it one of the most sought-after, accessible, and strategically located areas in the emirate. Just seven minutes from Jafza and Ibn Battuta Mall, 10 minutes from JBR and Dubai Marina, 15 minutes from the Al Maktoum International Airport and Palm, 25 minutes from DIFC and Business Bay, and 12 minutes from Expo City, Pearl offers easy access to a wide variety of business, retail and leisure attractions.

Background Information

Azizi Developments

Although the foundation stones of the present-day Azizi Group were laid in 1989, it was in 2007 when the towering presence of Azizi Developments first began to take shape. Mirwais Azizi was driven to design homes and communities inspired by modern urban living. But at the heart, it was about giving back to a city that had offered him and his family a place of peace and security. He set a vision for the future without losing sight of the past, ensuring he stays within client budgets, but goes beyond the norm to create the best possible living experience for people. Today, Azizi Developments reflects the aspirations of a wide spectrum of lifestyle seekers. This means a permanent dedication to understanding and meeting clients' aspirations, developing distinctive homes that set the standard in contemporary building design and offering an unparalleled level of customer service. It's about unlocking a new lifestyle for the curious and ambitious, setting the ideal platform to live, work and play – and building communities that bring people closer.