Azizi Developments has announced plans to develop its first project in Dubai Healthcare City.
The AED 470mn ($128mn) serviced residence, dubbed Azizi Aliyah, is scheduled for completion in 2018.
Spread over 16 storeys, the project will have 191 studio apartments, 135 one-bedroom apartments, and 20 two-bedroom apartments.
Farhad Azizi, CEO of Azizi Developments, said the developer would be offering buyers its flexible payment terms with 30 percent due during construction and 70 percent upon completion and handover.
He added: “We at Azizi Developments offer our services to investors to fully manage the process of renting units for them. This in-house renting option puts our clients at ease, removing concerns about renting out their investments themselves.”
Azizi Aliyah is at its mobilisation and fencing stage.
