Azizi Developments Sets New Benchmarks: Delivering 19 Projects and Recording Over 10,000 Unit Sales in 2024

Azizi Developments, one of the UAE’s leading private real estate developers, has wrapped up 2024 with an exceptional performance, achieving record-breaking project deliveries and sales. The company successfully completed 19 projects as announced in 2023, delivering thousands of high-quality units, and is now preparing for the completion of 25 projects encompassing 6,979 units in 2025.

Exceptional Sales Performance

In 2024, Azizi Developments recorded sales of 10,229 units, marking a remarkable 15.8% growth compared to the previous year. The total sales value exceeded AED 10 billion, reflecting the increasing demand for upscale properties in the UAE. This milestone underscores Azizi’s dedication to meeting market demand with exceptional homes that align with the evolving preferences of both local and international investors.

Construction Milestones and Operational Achievements

Over the past year, Azizi has developed more than 8.4 million square feet of built-up area across its Dubai projects, spread over 316 floors. The construction process involved the pouring of over 387,329 cubic meters of concrete and more than 43.6 million man-hours of dedicated work.

Key Project Highlights

2024 witnessed significant milestones and new launches for Azizi Developments, including:
– Burj Azizi: Launch and groundbreaking of what is set to become the world’s second-tallest tower.
– Azizi Venice: Progress on this Venetian-inspired waterfront community in Dubai South.
– Riviera Phase 4: Rapid advancements in this French Mediterranean-inspired water lagoon community in MBR City.
– Creek Views III: A flagship project in Dubai Healthcare City.
– Vista and Amber: New projects in Dubai Studio City and Al Furjan, respectively.

A Message from Azizi’s CEO

Reflecting on the year’s accomplishments, Mr. Farhad Azizi, Group CEO of Azizi Developments, said: “2024 has been an extraordinary year for us. Surpassing 10,000 unit sales and completing 19 projects exemplifies our relentless pursuit of excellence and the trust our stakeholders place in us. As we look towards 2025, we remain committed to enriching lives and furthering Dubai’s vision with world-class developments.”

Strategic Partnerships and Recognitions

Azizi has bolstered its position as a market leader by securing strategic partnerships and receiving prestigious accolades, including the ‘Best Community Developer’ award. Its philanthropic contributions in 2024 include:
– A donation of AED 600 million to the Mother’s Endowment Campaign.
– Sponsorship of the Rashid Center for the Determined Ones for the sixth year.
– Continued support as a pillar partner of the Dubai World Cup for the seventh consecutive year.
– Development of the Cultural District at Azizi Venice, reviewed by His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Enriching Lives Through Thoughtful Developments

Azizi’s expanding portfolio of premium communities reflects its commitment to catering to diverse investor needs. The company’s focus remains on designing thoughtfully planned developments that contribute to Dubai’s growth while enriching lives for generations to come.

About Azizi Developments

Azizi Developments has delivered more than 30,000 homes to investors and end-users of over 100 nationalities, cementing its reputation as a leading real estate developer in Dubai. With approximately 40,000 units under construction and completion projected by 2027, Azizi’s portfolio includes modern luxury properties across Dubai’s most sought-after destinations. Renowned for iconic projects like the world’s second-tallest tower and a AED 2.5 billion opera in Azizi Venice, the developer’s construction-driven approach and customer-centric ethos continue to drive its success.

Azizi Developments’ Sales Gallery is located on the 13th floor of the Conrad Hotel on Sheikh Zayed Road, Dubai.