Dubai-based real estate developer Azizi Developments completes a luxury residential property project within a short span of 22 months, Invest-Gate reports.

Located at Palm Jumeirah, the Azizi Royal Bay project worth AED 350 mn comprises 90 serviced apartments including 58 one-bedroom, 30 two-bedroom and two 3-bedroom penthouses.

With prices starting at AED 2.2 mn and going up to AED 4.5 mn, apartments range from between 802 to 1,638 square feet.

The developer is expected to hand over five more projects before the end of 2017 and 80 projects before 2020, including the Azizi Riviera development worth AED 12 bn in Meydan One.