Azizi Developments signs a strategic partnership with Meydan Group
Azizi Developments signs a strategic partnership with Meydan Group initiating a residential and retail project in the Meydan One development that will cover 180 plots. Saeed Humaid Al Tayer, Chairman and CEO of the Meydan Group and Mirwais Azizi, Chairman of Azizi Group, presided over the signing ceremony at the Meydan Group’s headquarters. The agreement marks a new milestone to expand operations and offerings with this collaboration.
Farhad Azizi, Chief Executive Officer of Azizi Developments said: “At Azizi, it is our never-ending ambition to develop quality, luxurious residences, while creating unique retail experiences for our clients. The project within Meydan One will enable Azizi Developments to meet the growing demand of young professionals seeking both leisure and luxury amenities. I am extremely delighted to be signing this agreement with Meydan Group, which is dedicated to transforming this development into a recreational, residential and hospitality destination.”
The Meydan One Development was launched in August 2015 by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Azizi’s project will be within Meydan One’s massive 40 million square feet destination (3.75 million square metres). The development is located between Meydan and Al Khail Road and is set to become Dubai’s eminent attraction when the first phase opens in 2020.
Source: Azizi Developments