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Azizi Developments delivers Mina on Palm Jumeirah

reporters@khaleejtimes.com Filed on March 29, 2021
The developer has set a target to deliver more than 10,000 units this year, with Mina already being its third handover in the first quarter of 2021

Azizi Developments recently celebrated the handover of Mina, its luxurious development on the eastern crescent of the iconic Palm Jumeirah.

Mirwais Azizi, founder and chairman of Azizi Developments, and Farhad Azizi, CEO of Azizi Developments, officially inaugurated Mina in the presence of senior members of the developer’s management team, government authorities, media representatives and key partners.

Azizi’s Mina will now be home to hundreds of owners and tenants who will enjoy high-class living in one of the most distinguished addresses of the entire UAE. Named after – and inspired by - the daughter of the developer’s CEO, the residences’ lobby features a 21-metre exclusively-commissioned mural of seven-year-old Mina Azizi, whose name captures the building’s essence with it also being the Arabic word for port, an inspiration for the premium waterfront building.

Mirwais Azizi said: “While we are handing over 46 world-class projects across Dubai this year, all of which are exceptional and distinguished in their own way, Mina is undoubtedly one of the most touching inaugurations for us."

“Mina enjoys a high demand from both local and international investors due to the sophisticated, lavish and contemporary lifestyle that it offers. It is a manifestation of our customer centricity, attention to detail, and contributions to the development of the UAE’s awe-inspiring landscape. We would like to express our profound gratitude to our valued stakeholders, and especially the leadership of Dubai, for inspiring and working hand-in-hand with us to make this prestigious landmark community what it is today,” he added.

The handover of Mina comes in light of Azizi’s commitment to completing over 10,000 units this year alone, with many more deliveries to take place in Al Furjan, Riviera in MBR City, and Dubai Healthcare City. Next up, in Al Furjan, the developer will inaugurate Plaza and Star in April and Berton in May. The handovers of the first buildings in Riviera’s phase one will then commence in June.

Mina unit prices start at Dh2,000 per square foot, ranging in total value from Dh2.6 million for one-bedroom apartments to Dh26.8 million for a penthouse with a private pool. Over 96 per cent of the development is now already sold out to over 41 nationalities, with the remaining four per cent of units just having been released.

Mina residents will enjoy immediate proximity to the Palm's extensive promenade, where families can bask in the orange glow of Dubai’s soothing sunsets and active residents can take advantage of early-morning runs.

Spanning nearly 38,500 square metres of built-up area, Mina features 178 units, comprising 120 one- and 54 two-bedroom residences, as well as four spacious penthouses. The project also features several retail units across 1,847 square metres of commercial space. Over 69 per cent of the Mina’s total area is allocated for lifestyle-enhancing amenities, including private beach access, two swimming pools, a fully equipped gym, a comprehensive health club, a children’s play area, a jogging track, and green outdoor spaces.

business@khaleejtimes.com

Staff Reporter





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