Azizi Developments Awards Contract of Over Dh216 Million to Chirag Contracting

Press release

Published January 8th, 2019 - 10:57 GMT

During the event

Azizi Developments, one of the leading private developers in the UAE, has awarded a major contract valued at over AED 216 million to Chirag Contracting, a BRV GLOBAL GROUP company, for developing four plots with a total area of over 1 million square feet.

The contract is divided into two parts with the first valued at AED 164.8 million for developing three plots, with a total area of over 769,515 square feet in Phase One of Azizi Riviera, the flagship waterfront development in Meydan One. The second part of the contract is dedicated to a plot in Al Furjan with a total built up area of over 245,244 square feet, which is valued at AED 51.6 million.

Farhad Azizi, CEO of Azizi Developments, said: “Delivering our projects as per schedule is our top priority and a commitment to our customers. Our new contract with Chirag Contracting, among several others, underlines our focus on working with best-in-class contractors to develop our developments to the highest standards of quality and aesthetics. Chirag brings strong experience in undertaking mega-developments that will ensure the desired standards for both projects. ”

Launched in July 2017, Azizi Riviera is the flagship community development that draws its inspiration from the French Riviera lifestyle. Assuring a strong return on investment, Azizi Developments is on schedule with the progress of the project with several residences in the first phase set to be handed over this year. Upon completion, Azizi Riviera will have 71 mid-rise buildings, with over 16,000 residences including studios, and one-bedroom, two-bedroom and three-bedroom apartments.

Headquartered in Dubai, BRV GLOBAL GROUP is a multinational business group founded in 2000 and is one of the most trusted and qualified engineering and construction contractors in the Middle East, Europe, Africa and Asia.

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.