Latest news with #AziziDevelopments
Zawya
2 days ago
- Business
- Zawya
Azizi's Dubai Studio City project on track for Q3 handover
UAE-based Azizi Developments has announced that 98% of the work has been completed on its Azizi Vista project located in Dubai Studio City. A modern luxury low-rise residential building, Vista features a mix of studios, one-, and two-bedroom apartments. Strategically located with excellent accessibility, its residents will benefit from a wide range of nearby amenities, including schools and colleges, medical facilities, sports and leisure attractions, said the developer. According to Azizi, the construction is on the verge of finalisation. All structural, blockwork, internal plaster, tiling, HVAC, MEP, swimming pool, façade, and elevator works have been completed. External works and overall finishes are advancing rapidly, both currently also at 98%, with a total of 182 skilled professionals deployed on-site, it stated. It was planned to be delivered toward the end of Q3 2025, but will now be completed sooner, ahead of schedule, it added. Group CEO Farhad Azizi said: "We are delighted to witness Azizi Vista nearing full completion, a reflection of our unrelenting commitment to timely delivery, superior quality, and operational excellence." "Its completion represents yet another major milestone in our journey of enriching lifestyles and shaping Dubai's urban fabric through developments that embody thoughtful design and meticulous craftsmanship," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Zawya
2 days ago
- Automotive
- Zawya
Azizi Developments reaches 98% construction completion of Azizi Vista in Dubai Studio City
Dubai, UAE: Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 98% complete. Located in one of Dubai's most sought-after, rapidly growing residential areas, the development, which features studios, one-, and two-bedroom apartments, was planned to be delivered toward the end of Q3 2025, but will now be completed sooner, ahead of schedule. Construction is on the verge of finalization. All structural, blockwork, internal plaster, tiling, HVAC, MEP, swimming pool, façade, and elevator works have been successfully finished. External works and overall finishes are advancing rapidly, both currently also at 98%, with a total of 182 skilled professionals deployed on-site. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: 'We are delighted to witness Azizi Vista nearing full completion, a reflection of our unrelenting commitment to timely delivery, superior quality, and operational excellence. Its completion represents yet another major milestone in our journey of enriching lifestyles and shaping Dubai's urban fabric through developments that embody thoughtful design and meticulous craftsmanship.' Located just outside the city, at a comfortable distance from the bustle, yet with easy access to the emirate's many points of interest, Dubai Studio City is one of the fastest-growing business hubs for film and television production and a trendy hotspot for creative professionals. Built for young, in-vogue adults and families alike, Vista, the epitome of a modern luxury low-rise residential building, is nestled in one of Dubai's most dynamic and youthful areas, adjacent to Sports City and Motor City. Just a short drive from the Expo site, and with it being situated on Hessa Street and near Sheikh Mohammed Bin Zayed Road, Dubai Studio City is a strategic location with excellent accessibility. Residents will benefit from a wide range of nearby amenities, including schools and colleges, medical facilities, sports and leisure attractions, and much more. Major attractions in proximity include Dubai Autodrome, the Els Club, Dubai Polo & Equestrian Club, Dubai International Stadium, Football Academy Dubai, Sports Park, ICC Academy, Miracle Garden, and IMG Parks & Resorts, among many others. Azizi Developments' Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road. About Azizi Developments Azizi Developments is a leading developer based in Dubai, UAE. With more than 45,000 homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai's most sought-after residential and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in. Azizi currently has around 150,000 units under construction, valued at several tens of billions of US dollars. The company is renowned for developing the world's second tallest skyscraper, Burj Azizi, as well as the master planned communities of Azizi Riviera, Azizi Venice, and Azizi Milan, among various other world-class projects across MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, Dubailand, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.
Al Bawaba
3 days ago
- Business
- Al Bawaba
Azizi Developments reaches 98% construction completion of Azizi Vista in Dubai Studio City
Azizi Developments, a leading private developer in the UAE, has announced that the construction of Azizi Vista in Dubai Studio City is now 98% complete. Located in one of Dubai's most sought-after, rapidly growing residential areas, the development, which features studios, one-, and two-bedroom apartments, was planned to be delivered toward the end of Q3 2025, but will now be completed sooner, ahead of schedule. Construction is on the verge of finalization. All structural, blockwork, internal plaster, tiling, HVAC, MEP, swimming pool, façade, and elevator works have been successfully finished. External works and overall finishes are advancing rapidly, both currently also at 98%, with a total of 182 skilled professionals deployed Farhad Azizi, Group CEO of the Azizi group of companies, said: 'We are delighted to witness Azizi Vista nearing full completion, a reflection of our unrelenting commitment to timely delivery, superior quality, and operational excellence. Its completion represents yet another major milestone in our journey of enriching lifestyles and shaping Dubai's urban fabric through developments that embody thoughtful design and meticulous craftsmanship.'Located just outside the city, at a comfortable distance from the bustle, yet with easy access to the emirate's many points of interest, Dubai Studio City is one of the fastest-growing business hubs for film and television production and a trendy hotspot for creative for young, in-vogue adults and families alike, Vista, the epitome of a modern luxury low-rise residential building, is nestled in one of Dubai's most dynamic and youthful areas, adjacent to Sports City and Motor City. Just a short drive from the Expo site, and with it being situated on Hessa Street and near Sheikh Mohammed Bin Zayed Road, Dubai Studio City is a strategic location with excellent accessibility. Residents will benefit from a wide range of nearby amenities, including schools and colleges, medical facilities, sports and leisure attractions, and much more. Major attractions in proximity include Dubai Autodrome, the Els Club, Dubai Polo & Equestrian Club, Dubai International Stadium, Football Academy Dubai, Sports Park, ICC Academy, Miracle Garden, and IMG Parks & Resorts, among many others. Azizi Developments' Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.
Khaleej Times
3 days ago
- Business
- Khaleej Times
Dubai: Azizi set to deliver nearly 7,000 units this year
Azizi Developments, the Dubai-based developer, is on track to deliver 25 new projects this year, with 6,979 units across key developments such as Riviera Phase 4, Azizi Venice, Creek Views III, Vista, and Amber, the company CEO said. 'Last year, we've completed 19 projects across Dubai, delivering over 8.4 million sq. ft. of built-up area across 316 floors, with more than 10,229 units sold - up 15.8 per cent year-on-year - worth more than Dh10 billion. We plan on surpassing and approximately doubling most of these figures in 2025. We currently have around 150,000 units under construction, valued at several tens of billions of US dollars. We have already delivered more than 45,000 homes to local and international investors and end users from over 100 nationalities,' Farhad Azizi, CEO of the Azizi group of companies, told Khaleej Times in an interview. The company's portfolio includes landmark projects such as Burj Azizi, set to become the world's second tallest tower on Sheikh Zayed Road; Azizi Riviera, a 16,000-home French Mediterranean-inspired community in MBR City; Azizi Venice, a 36,000-home lagoon-centric development in Dubai South; and Azizi Milan, a master-planned community of over 81,000 homes along Mohammed bin Zayed Road. 'Our focus is on creating fully integrated, sustainable and iconic communities that go beyond mere housing and truly enrich the lives of those who invest and reside there,' Azizi said. Property values in Dubai have skyrocketed 70 per cent in four years according to Knight Frank, now also drawing in big name global investors including wall street giants. The emirate has seen more office and hotel deals in the past 2 years than in the past decade combined. Complementing this is the UAE's tourism boom, which contributed Dh257.3 billion (USD 70.1 billion) to the national economy in 2024—accounting for 13 per cent of GDP—as noted by the World Travel & Tourism Council (WTTC). Dubai's property market reached a new milestone in the first half of 2025, with 98,603 real estate transactions totaling Dh326.7 billion ($89 billion), marking its strongest half-year performance on record, as per the latest figures from fäm Properties. This year, Dubai has welcomed nearly 90,000 new residents in Q1, placing growing pressure on housing supply. Only 12,000 new homes were delivered in that period, fueling further increases in both prices and rents. This widening gap between supply and demand highlights strong market fundamentals and presents a compelling case for continued residential development and investment. According to the latest data from Dubai Land Department, the UAE real estate sector is projected to witness an 80 per cent increase in delivered units this year compared to 2024, helping to satiate the surging demand. 'Dubai's property sector will continue to thrive. This is driven primarily by the city's many merits, with it being the best place to visit, live and work in. Its world-renowned safety, outstanding legal and regulatory framework, welcoming, tax-free, opportunity-rich and highly business- and investment-conducive environment, and its status as the world's most popular tourist destination, all contribute to the surging population (expected to hit 5.8 million by 2040) and visitors, and as such, to the exponentially growing popularity of real estate here,' Azizi said. Minor price corrections may take place in the remaining months of 2025 or beyond, as part of any healthy market cycle, but these will be overshadowed by the mid- to long-term upward trajectory in property values, he added. The company is actively exploring and working on blockchain-based innovations, including tokensiation, for its projects. 'Tokenization is a natural progression in an industry that's rapidly evolving to become more safeguarded, accessible, transparent, and technology-driven. By turning real estate assets into digital tokens on a blockchain, the industry also opens its doors for a broader range of investors to participate—making ownership more inclusive while transactions are becoming more efficient. Tokenization has the potential to simplify traditionally complex processes, entails lower barriers to entry, and builds greater trust through secure, transparent records and transactions. 'I see tokenization becoming a fundamental part of how property is bought, sold, and held—particularly in forward-thinking cities like Dubai that are setting the pace for digital transformation in real estate. Moreover, we are also engaging in strategic partnerships that enable secure cryptocurrency payments, particularly in markets where digital assets are gaining traction,' Azizi said. Beyond the UAE, Azizi has set sights on international markets as well, with the recent launch of its first project in Germany. 'With our first project in Germany, which was a test-run in one of the most stable and mature European markets, already successfully having been completed and handed over, and a project in France currently being underway, we are also exploring other lucrative markets, including the UK where will soon be launching 5-6 high rise towers in Central London, in a prime area right on River Thames, with more than 1.5 million square feet of net sellable area, Australia, Canada and the US, amongst others,' Azizi said.
Zawya
15-07-2025
- Business
- Zawya
Azizi unveils lagoon-facing residential enclave in Dubai
UAE-based Azizi Developments has announced the launch of Milan Heights, a new residential enclave within Azizi Milan, its AED75 billion ($20 billion) landmark project on Mohammed bin Zayed Road. Nestled within this flagship development, Milan Heights is a vibrant residential district that embodies modernity and elegance. Offering studios, one-, two-, and three-bedroom apartments, it is designed to balance contemporary design with functional living. The project is complemented by a wide range of amenities including six infinity swimming pools, a lagoon-inspired pool, five kids' pools, rooftop infinity pools, a modern cinema, a fully equipped fitness centre, jogging and bicycle tracks, saunas, jacuzzis, steam rooms, a multipurpose hall, barbecue areas, children's play areas, ample parking, and 24-hour security. The development also features over 20,000 sq m retail space, providing residents with everyday convenience and an active, community-oriented lifestyle. Strategically located on the Sheikh Mohammed Bin Zayed Road (E311) – one of the UAE's most important arteries that connects Abu Dhabi, Dubai, Sharjah, Ajman and Ras Al Khaimah – Azizi Milan offers key facilities. According to Azizi, the sales will officially kick off at Conrad Hotel on Sheikh Zayed Road on July 17. Located on the Sheikh Mohammed Bin Zayed Road – one of the UAE's most important arteries that connects several emirates – Azizi Milan offers unmatched accessibility. Adding to its location's appeal, the community is just a short walk from the nearest future Blue Line metro station. Azizi Milan is slated to cover 40 million sq ft in GFA, making it one of the largest mixed-use communities in the entire country. The master plan will be home to a population of 144,000, with 800 hotel keys to be created. Unveiling the project, Group CEO Farhad Azizi said: "Milan Heights represents a key milestone in the ongoing progress of Azizi Milan, our Italian-inspired community that celebrates the harmony of design, culture, and sustainable, modern living. This new enclave reflects our vision of creating human-centric spaces that are elegant yet practical, seamlessly woven into a master plan shaped by nature, connectivity, and thoughtful urban design." Azizi Milan, he stated, has been conceptualised with inspiration from Milan's rich cultural heritage. "Its bold arches and design elements add to aesthetics as well as function. The community embodies Italian sophistication, inviting future homeowners to immerse themselves in a lifestyle centered around living life to the fullest, where the beauty of everyday moments and simple pleasures are truly appreciated," he added. Azizi Milan is poised to become the fashion capital of the region with its network of pedestrian-only fashion streets - each dedicated to their own realm of fashion, including one for perfumery, one for cosmetics, and more for bags, dress fashion, and beyond. Lined with an ample number of high-fashion brands and boutique shops, as well as numerous cafes, fine-dining restaurants, and nightlife entertainment options, Azizi Milan will form a focal point for those who enjoy the city's vibrant after-hours, as well as for those wanting to be part of internationally acclaimed fashion shows and other high-caliber events that will be hosted there, stated the developer. According to Azizi, sustainability is a key consideration that guides the entire development of this contemporary community. To offset emissions, Azizi will support landmark mangrove carbon projects, as well as global forest and solar developments certified by VERRA and the Gold Standard. "Next to a wide array of green building practices being implemented, every single building will feature its own beautifully landscaped rooftop garden, with the entirety of all roofs, as well as all podiums and a vast number of dedicated areas surrounding the residences, being planted with trees and flowers. Infinity pools will be framed by lush, meticulously manicured greenery," stated the top official. "Through panoramic elevators that form an awe-inspiring feat of architecture in each and every building, residents and visitors are granted all-encompassing, scenic views of the community's stunning nature, its many fountains and water features, and its wide array of sports courts and other facilities that will enrich lives and foster a sense of community and belonging," he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
