Azizi Developments sells 100% of its studios and one-bedroom apartments in Amber, Al Furjan

Azizi Developments, a leading private developer in the UAE, has announced that it has sold 100% of its studios and one-bedroom units at Amber in Al Furjan. The project, which was launched just months ago, comprises a mix of studios, one-, two- and three-bedroom residences and is equipped with several premium amenities, including a variety of retail and dine-in options, landscaped walking areas, a fully equipped gymnasium, children’s play areas, two swimming pools, ample parking spaces and 24-hour security. Amber’s is expected to be completed in Q2 of 2024.

United Kingdom nationals made up the largest buyer group, followed by buyers from the United Arab Emirates, India, Germany, and South Africa. The studios and one-bedroom homes were sold to a total of 20 nationalities.

Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are thrilled with the rapid sales at Amber. This milestone serves as a testament to the quality and desirability of Amber, our recently launched, world-class development in Al Furjan; the overwhelming demand for our Al Furjan projects, including Amber, Pearl and Berton, among others, further solidifies the community’s standing as one of the emirate’s most highly desired, growth-inclined residential and mixed-use areas. This growth aligns with Dubai’s ever-expanding landscape, making it a notably vibrant and sought-after destination — we look forward to continuing to exceed expectations and delivering on our promise of excellence in every project.”

Dubai’s real estate sector has witnessed exceptional growth in Q3 2023 recording a 40% increase in total value and 22% increase in transactions compared to the same period last year. The emirate has now topped the world’s cities in the Knight Frank Prime Global Cities Index for the second year in a row. July 2023 recorded transactions worth AED 37 billion, the highest monthly number ever. The Dubai real estate market is projected to sustain its growth in 2024, with prices expected to increase. Azizi’s recent launch, Azizi Venice, underscores the high demand for property in Dubai, as hundreds of buyers queued overnight, from 9pm the evening prior. The 4 towers that were launched for sales, spread across 2 projects – Azizi Venice 3 and Azizi Venice 4 – had sold out entirely within just 24 hours.

Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.