Real Estate Projects In Dubai Are In Open Throttle
Azizi Developments, a leading private developer in the UAE, has revealed that its projects around Mohammed Bin Rashid City (MBR), Palm Jumeirah, Dubai Healthcare City, Al Furjan, and Downtown Jebel Aliare well underway, with construction developing rapidly in spite of the global COVID-19 challenges.
In accordance to the 24-hour sterilization programme issued by Dubai’s Supreme Committee of Crisis and Disaster Management, some sectors are exonerated from the restrictions, inclusive of the construction sector, which is crucial to the UAE’s economy and the well-being of its poeple. With Azizi being a leading developer in this essential, functioning industry, all of its projects are presently in full swing.
In the first three months of 2020, Azizi Developments has executed over 112 slabs, poured over 55,970 cubic metres of concrete, and built over 1,326,978 sq. ft of built-up area (BUA), with a monthly average building progress of almost 8%per cent and over 1,637,421 recorded man-hours.
Azizi Developments’ Al Furjan projects, Star, Shaista, and Plaza, reported with 72, 78, and 90 per cent construction execution rates respectively. Aura in Jebel Ali is at 85 per cent and Mina has achieved a construction milestone of 91 per cent, while Aliyah in Dubai Healthcare City was finished previous year, and Samia and Farishta in Al Furjan earlier this year. Construction at Riviera is now at 60 per cent, with infrastructure work proceeding rapidly. Numerous buildings in the first phase of Riviera are planned for execution by year’s end, with deliveries happening nearby thereafter. Azizi plans to handover a total of around 3,000 units in 2020.
Farhad Azizi, CEO of Azizi Developments, mentioned: “As a construction-focused developer, we are working relentlessly to finish our projects, specifically now, at a time when a cozy home is more vital than earlier. While we have taken several precautions, we are entirely operational and proud to be a leading entity in one of the UAE’s most vital sectors. We are dedicated to our ceaseless pursuance of developing homes and lifestyles, and our integral role in safeguarding the real estate sector against the challenges of COVID-19.In spite of the present pandemic, we will procced to develop our projects at a speedy pace and proactively serve as a catalyst to the UAE’s vision and development, which is both a privilege and an honour that guides our every step.”