Azizi’s Creek Views I is now over 75% sold out to investors

DUBAI: Azizi Developments has announced the sale of 486 out of the 645 units at its world-class Creek Views I project in Dubai Healthcare City. The sold units comprise 325 studios, 138 one- and 20 two-bedroom homes, as well as three retail spaces, making up for 75 per cent of the total sellable units.

The Dhs550 million development was sold mostly to UAE nationals, with Emiratis representing 25% of the investors, followed by India with 14%, KSA with 7%, and Jordan with 6%. So far, more than 45 nationalities have purchased units in Creek Views I, underscoring Azizi Developments’ efforts in getting foreign nationals to invest in Dubai.

Two-bedroom apartments were the most popular choice, with all 20 having been sold. Second to that were studios with 88 per cent of them having been snatched up by investors, followed by one-bedroom units of which 63 per cent have been sold. Moreover, three out of the 11 retail spaces have also been purchased by savvy buyers.

Farhad Azizi, Chief Executive Officer of Azizi Developments, commented: “It brings us great pleasure to put Dubai on the world map of growth-inclined, high ROI real estate investment destinations. This emirate is our home – one that is the safest, most livable, innovative and welcoming in the world, with it being a leading hub for business and tourism. Our porfolio of modernluxury homes across Dubai’s most sought-ater destinations, as well as our construction-driven and customer-centric approach, continues to make us a trusted developer of choice and atracts investors from all across the globe.”