Azizi Developments, has announced the sale of all homes in Berton, a 245-unit residential building in Dubai’s Al Furjan neighborhood. The 85% finished project’s units were sold to 49 different nationalities.
190 studio apartments, 41 one- and two-bedroom apartments, and 16 luxurious penthouses make up the 245 units in the Berton complex. The project is progressing steadily and is anticipated to be finished by the end of this year.
In announcing the successful sale, Azizi noted that investors from the UAE had purchased the majority (33%) of the residences, followed by those from Europe with a 27% stake.
The breakdown of nationalities also reveals a notable demand from subcontinental ROI seekers, who account for 25% of transactions. These are followed by customers from countries including Lebanon, Canada, Brazil, and the United States of America, it said.
CEO Farhad Azizi said: “Berton selling out this swiftly is a pronounced testament not only to the market resurgence and Dubai being an ideal real estate investment destination but also to the improvements that we’ve brought about internally and to our build quality.”
“We are now assigning an even greater importance to its customers’ interests by listening to them closer, being more transparent, speeding up construction by working exclusively with the best contractors, having hired more talented and qualified staff,” he stated.
“We also aim to enhance the quality of our developments via better materials that we now source ourselves,” he added.