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Azizi announces sale of 90% of units in Dubai Three Towers project

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UAE-based Azizi Developments has announced that it has sold 90% of the released units at Beachfront, three premium lagoon-facing towers within Riviera, its flagship waterfront project in MBR City, Dubai.

The units are sold to 68 different countries. The rest, previously unseen units, will now be released in the coming weeks.

Azizi revealed that Russian citizens make up the majority of its seaside customer base, accounting for 15.5% of total sales.

The nationality breakdown also showed a surge in demand from Italian investors with 8.6%, while 6.8% came from the Kingdom of Saudi Arabia.

Another 5% hold Emirati passports, followed by British buyers, who accounted for 4.5% of Beachfront’s sales. Other countries snapping up units in the highly sought-after project include Germany, France, Canada, South Africa, South Korea, Switzerland, Egypt and US investors, it said.

Azizi said it has made significant investments to cater to foreign buyers, as evidenced by its virtual property tours, video call consultations, inauguration of foreign sales offices, roadshows and flight plans, and numerous other influential initiatives .

Its CEO Farhad Azizi said: “Beachfront has sold to 68 countries and 90% of the units launched are sold out, which is a clear testament to our efforts.”

“As a catalyst for the development of this amazing city, we are firmly committed to further increasing its foreign direct investment and strengthening its position as the world’s leading real estate investment destination,” he added.arab trade news agency

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