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Tuesday, February 27, 2024

Azizi announces sale of 245-unit Dubai residential complex


UAE-based Azizi Developments has announced the sale of all residences in Berton, its 245-unit residential development in Dubai’s Al Furjan neighborhood. 85% completed project units sold to 49 different countries.

Berton has 245 units consisting of 190 studios, 41 one- and two-bedroom apartments, and 16 luxury penthouses. Work on the project is progressing steadily and is likely to be completed by the end of the year.

Announcing the successful sale, Azizi said the majority of the homes (33%) had been snapped up by UAE investors, followed by European investors at 27%.

The nationality segment also conveys significant demand from subcontinent ROI hunters, who account for 25% of sales. This was followed by buyers from the US, Canada, Brazil, Lebanon and other countries.

CEO Farhad Azizi said: “Berton sold out quickly is a testament not only to the market’s recovery and that Dubai is an ideal property investment destination, but also to the improvements we have made in terms of interior and construction quality.”

“We are now paying more attention to our clients’ interests, listening to them more closely, being more transparent, accelerating construction by exclusively working with the best contractors and hiring more talented and qualified staff,” he said.

“We also aim to improve the quality of our development through better materials that we now source ourselves,” he added.arab trade news agency


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