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Azizi's Palm Jumeirah project set for February handover

DUBAI, January 19, 2021

Azizi Developments has announced that 99 per cent of the work has been completed on its premium mixed-use project, Mina, located at Palm Jumeirah, Dubai. 
 
Spanning nearly 38,500 sq m of built-up area, Mina features 178 units, comprising 120 one- and 54 two-bedroom as well as four spacious residences.
 
The project also features several retail units across 1,847 sq m and over 69 per cent of the project’s total area is allocated for lifestyle-enhancing amenities, including a children’s play area, a jogging track, and green outdoor spaces, private beach access, two swimming pools, a fully equipped gym and a comprehensive health club. 
 
Executive Director (Sales and Marketing) Nima Khojasteh said: "Mina enjoys a high demand from both local and international investors due to the sophisticated, lavish and contemporary lifestyle it offers – especially now, with it being handed over in less than a month."
 
According to him, more than 95 per cent of the residential units at Mina have been sold. The developer has managed to maintain consistency in achieving a high pre-handover sales ratio across all of its projects, entirely selling out inventories prior to project completion. 
 
"Owning a residence in this prestigious community, one of the most esteemed projects in the entire emirate with a truly iconic landmark address, is undoubtedly a matter of pride for our valued, savvy clients, who are also very well aware of the outstanding ROI they stand to benefit from," he observed.
 
Immaculately designed to leverage its waterfront location and overlooking the Arabian Gulf with stunning views of the city’s spectacular skyline, Mina offers residents seaside serenity at its finest.
 
"We have successfully attracted foreign investors to Dubai’s flourishing property market and widened its client base by bringing in investors of over 41 nationalities," remarked Khojasteh.
 
"UAE nationals formed the largest buyer demographic with over 15 per cent, followed by Saudi Arabian and Indian nationals with 10 per cent each, United Kingdom investors with 7.2 per cent, Nigerians with 6.4 per cent, and Canadians with 5.5 per cent. The remaining investors’ nationalities span 35 countries," he added.-TradeArabia News Service



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