Dubai property market witnessing robust demand from Indian buyers
UAE, 25 February, 2015 – AZIZI Developments, a leading UAE property developer, is joining the high-profile Times Property Expo 2015 in Mumbai, India to showcase the UAE’s booming real estate sector and the company’s portfolio of current and upcoming luxury projects in Dubai. AZIZI’s first-ever participation in the prestigious property exhibition comes at a time when a growing number of Indian investors are showing robust interest in real estate developments in the emirate. The event will take place from February 27 to March 1, 2015 at the Hotel Sahara Star in Mumbai.
During the exhibition, the company will feature one-, two- and three-bedroom luxury apartments with high-end European designs and finishing at Stand No. 38 in the hotel’s Sapphire Hall. This is a great opportunity to meet and greet with the Indian investors and showcase the projects that have seen a great increase of interest from Indian investors in Dubai. Developer’s projects and value-added services offer an affordable, but sophisticated and modern lifestyle and the company’s flexible payment plan schemes are in depth with buyers and decision makers.
Ali Omer, CEO, Azizi Developments, stated: “UAE is now increasingly becoming a destination of choice amongst Indian real estate investors and for several years in a row now Indian investors top the list in Dubai real estate market. For our part, we have witnessed a strong interest in our reasonably priced projects famous for their unparalleled services and top-notch facilities. This prompted us to participate at the upcoming Times Property Expo 2015 in the city of Mumbai as we want to create long standing relationships with our current Indian investors but also introduce our competitive projects and once in a life time opportunity to tap into Dubai’s booming property market. Besides exhibiting our own projects, we will be able to also highlight the many opportunities and strengths of Dubai and the UAE’s flourishing property industry.”
AZIZI Developments implemented five large-scale residential projects in Al Furjan in 2014. During the same year, its investments in the Dubai real estate market reached AED 4.5 billion. One of its developments, the AZIZI Iris, was sold out following its launch, while about 70 per cent of Azizi Liatris, Azizi Orchid, Azizi Yasamine and Azizi Feirouz have already been sold. Construction works for all the projects are now well underway since June 2014 and are on schedule targeted for completion by the end of 2015.
The five residential developments are located a few minutes away from the Al Maktoum International Airport which will be the largest airport in the world and short distance from the venue of World Expo 2020. Azizi projects are also near some of the emirate’s most famous tourist attractions such as Dubai Marina and Jumeirah Beach Residence/Walk. Through its sophisticated and elite properties, AZIZI strives to provide a unique living experience to its clients in the UAE, but also the rest of the GCC countries and now India as well.