Azizi Developments: A Record-Breaking 2024 and Bold Plans for 2025
Azizi Developments, a prominent force in Dubai’s real estate sector, concluded 2024 with exceptional achievements, cementing its position as one of the emirate’s leading developers. With a surge in sales and a track record of successful project deliveries, the company has laid a strong foundation for an ambitious 2025.
2024: A Year of Growth and Milestones
Azizi Developments exceeded expectations by delivering thousands of units across 19 projects, fulfilling their 2023 commitment. Looking ahead to 2025, the developer plans to complete an impressive 6,979 units across 25 projects, showcasing its relentless drive for excellence.
Sales figures for 2024 were equally remarkable, with Azizi recording the sale of 10,229 units, marking a 15.8% increase compared to 2023. The total sales value soared past AED 10 billion ($2.7 billion), a testament to the trust and confidence of investors and end-users in Azizi’s vision and quality.
Commitment to Quality and Innovation
Azizi’s success is rooted in its dedication to delivering high-quality homes that cater to the rising demand for upscale properties in Dubai. Over the past 12 months, the developer has completed over 8.4 million square feet of built-up area, spanning more than 316 floors, and poured over 387,329 cubic meters of concrete. These achievements required over 43.6 million man-hours, reflecting Azizi’s commitment to precision and efficiency.
The company celebrated significant construction milestones in 2024, including the launch and groundbreaking of Burj Azizi, poised to become the world’s second-tallest tower, and rapid progress on Azizi Venice, a stunning waterfront community inspired by Venetian architecture in Dubai South.
Major Projects and Achievements
In addition to Burj Azizi and Azizi Venice, the company made substantial strides in several other iconic projects, including:
- Riviera (Phase 4): A nearly sold-out French Mediterranean-inspired water lagoon community in Mohammed Bin Rashid (MBR) City.
- Creek Views III: Located in Dubai Healthcare City.
- Vista: Situated in Dubai Studio City.
- Amber: Positioned in the thriving neighborhood of Al Furjan.
Words from the CEO
Farhad Azizi, Group CEO of Azizi Developments, reflected on the year’s success:
“2024 has been an extraordinary year for Azizi Developments. Surpassing 10,000 units in sales and completing 19 projects is a testament to our relentless pursuit of excellence and the trust our investors and end-users continue to place in us.
As we gear up for 2025, we remain committed to enriching lives through exceptional developments and contributing to Dubai’s visionary skyline. I extend my deepest gratitude to all our stakeholders for their unwavering support and trust.”
Recognition and Social Responsibility
In 2024, Azizi solidified its leadership with strategic partnerships, prestigious industry awards like the ‘Best Community Developer’ accolade, and meaningful contributions to the community.
Key CSR initiatives included:
- AED 600 million donation to the Mother’s Endowment Campaign.
- Sponsorship of the Rashid Centre for the Determined Ones for the sixth consecutive year.
- Launch of the Cultural District in Azizi Venice, personally reviewed by His Highness Sheikh Mohammed bin Rashid Al Maktoum.
- Serving as a pillar partner of the Dubai World Cup for the seventh consecutive year.
Shaping the Future of Dubai Real Estate
As Azizi Developments moves into 2025, it remains focused on expanding its portfolio with thoughtfully designed communities and premium developments that cater to the needs of both local and international investors. By combining innovation, sustainability, and a commitment to quality, Azizi continues to enrich lives and redefine luxury living in Dubai.
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