Azizi Plaza targets affordable luxury in Al Furjan

Image Credit: Picture courtesy of Azizi DevelopmentsImage Credit: Picture courtesy of Azizi Developments

Azizi Developments has announced a new project in Al Furjan that will encompass residential, commercial and retail space. The 12-storey Azizi Plaza will offer fully furnished serviced apartments catering to the affordable luxury segment.

The 59,760-sq-ft, Dh430 million building project will include outdoor sports facilities, a community retail centre, landscaped gardens, private pool, spa and gym. The Plaza will have 434 units comprising 286 studios, 46 one-bedroom apartments and 102 two-bedroom apartments. It will have a total retail space of 9,400 sq ft.

Azizi Plaza is scheduled for completion by 2018. Buyers will pay a 1 per cent down payment and 4 per cent within 30 days. Subsequently, the payment plan requires 2.5 per cent monthly for the next 10 months and 70 per cent upon handover.

 

Source: Property Weekly PW

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