UAE-based real estate developer, Azizi Developments, plans to launch a new mega community project worth AED 25 bn in the heart of Dubai, Invest-Gate reports.
The new development, whose name to be revealed soon, will include residential, commercial and retail spaces, with 105 mid-rise and high-rise residential buildings, featuring 30,000 apartments.
To be located on a construction area of 33 mn square feet, the British-themeed project will include education facilities, retail outlets, hospitality, a shopping area, and outdoor recreation spaces, according to the developer.
Construction of the project is scheduled to begin in November and to be completed before Expo 2020.