Azizi Developments Offers 329 Retail Units for Sale

Azizi Developments Offers 329 Retail Units for Sale

UAE’s private developer Azizi Developments launched the sale of 329 retail units, spreading across all of its developments in Dubai, through its outlets’ division, Azizi Retail, Invest-Gate reports.

The company embedded the retail spaces, spanning across a total of over 410,000 square feet, into its communities and residential towers, adding leisure, shopping, and eatery amenities, while creating a social space with a strong potential for business profitability, according to an official statement on August 7.

Commenting on the launch, CEO of Azizi Developments Farhad Azizi said, “Retail spaces enhance our communities and are a lucrative investment that our research attributes to growing investor interest in strategically placed brick-and-mortar outlets.”

Azizi Riviera comprises a total of 177 retail units and developments in Al Furjan offer 70 units, while Healthcare City Towers and Palm Jumeirah buildings host 42 and 18 retail units, respectively. Other buildings in Jebel Ali, Sports City, Studio City, and Meydan house 22 properties.

Retail units on Azizi Riviera’s 1.6-kilometer integrated boulevard and 2.6-kilometer canal walk are considered to be an exceptionally smart investment with the community being home to over 16,000 residents, and it is expected to welcome a sizable volume of visitors.

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