Azizi Developments begins construction of Palm Jumeirah luxury apartment project

Dubai real estate developer Azizi Developments has launched its $350 million (AED) Royal Bay Residence project, a luxury apartment building on the crescent of Palm Jumeirah.

The new project is part of company's $4.5 billion (AED) plan to build thousands of apartments in Palm Jumeirah and Nakheel's Al Furjan. The new project sits near Dubai Marina, Hotel Atlantis and Burj Al Arab.

The building is designed with 45-degree orientation to maximize views of the sea.

"Azizi Developments has a different strategy," Farhad Azizi, CEO of Azizi Developments, said. "We prefer to start construction in our projects before the launch and sales process takes place, the construction of our boutique offering of Royal Bay Residence has already commenced and the response on the project is very positive. Royal Bay blends contemporary architecture with supreme level of comfort and flair. Every detail exudes quality and style. It's a home with a resort feel -- direct beach access, swimming pools, gymnasium, recreational options, landscaped gardens and concierge services are few of the many features of the development."

The new residences will include state-of-the-art amenities and European appliances and fixtures. The property will also have three gourmet restaurants as well as butlers, housekeeping, room service and on-site chauffeur service.

Construction has already begun and is expected to be complete by March 2017.