The UAE-based Azizi Developments has announced that it has sold all the apartments within the Park Avenue I development as well as 50% of that of Park Avenue II, with only a few units left to be released, in the thriving and well-connected residential area of MBR City in Dubai.
372 residential and 29 retail apartments are housed in three buildings on Park Avenue. A separate swimming pool and a fully equipped gym are included in each building.
The Park Avenue development’s construction is currently more than 45% complete, according to Azizi, who provided a progress update.
Park Avenue I, II, and III are now all 99% finished, according to the company’s CEO Farhad Azizi, and the total personnel has increased to 675 to quicken development.
“Park Avenue’s quick sales are a testament to its special contribution to the UAE real estate market, to our efforts in the areas of customer-centricity and build quality, as well as to the lifestyles our buildings offer to our investors and end users.”
We are delighted to see such strong interest from both domestic and international investors in this important project. It actually offers value unlike any other as a connected, cozy, and opulent community, said Azizi.
Every new sale is the consequence of the effort we and all of our other devoted stakeholders put forward. We now anticipate releasing the last units in Park Avenue II and Park Avenue III in the near future,” he continued.