Azizi
Azizi Developments is a private real estate developer based in Dubai, established in 2007 and part of Azizi Group, a group founded and chaired by Mirwais Azizi that is also active in hospitality, banking, trading and energy. The developer states that it has delivered more than 45,000 homes and focuses its activity on residential buildings and mixed-use communities in Dubai, notably in Al Furjan, Meydan (MBR City), Al Jaddaf, Jebel Ali and Dubai South. Its current flagship projects are the lagoon community Azizi Venice, the large Azizi Milan development and the Burj Azizi tower on Sheikh Zayed Road, announced at 725 m.
- Founded
- 2007
- Projects delivered (DLD)
- 91
- Homes delivered (DLD)
- 20,380
- Median resale vs off-plan gap
- +14%
Profile
- Founded
- 2007 · Azizi Developments; Azizi Group founded in 1989source ↗
- Founder
- Mirwais Azizisource ↗
- Headquarters
- Dubaisource ↗
- Group
- Azizi Group, private groupsource ↗
- Presence
- United Arab Emirates (Dubai)
- Delivered, according to the developer
- 45,000+ homes (2026)source ↗
- Under development, according to the developer
- 150,000+ homes at various stages of construction (2026)source ↗
Key dates
2007
Mirwais Azizi founds Azizi Developments.source ↗
2022
First handovers at Azizi Riviera: 7 buildings, 1,164 homes.source ↗
2024
Burj Azizi (725 m) announced on Sheikh Zayed Road.source ↗
2025
Azizi Riviera: 53 of 75 buildings handed over, phases 1 to 3 completed.source ↗
2026
Announced target of AED 30bn (≈ EUR 7.39bn) in sales and 22 project deliveries.source ↗
In the Dubai Land Department registry
What the DLD's open data on projects, sales and leases says about the projects registered to the developer and its companies.
Registered projects
150
Homes delivered
20,380
Homes under construction
26,114
Average progress of ongoing projects: 42%
Median construction time
57 months
In the registry for
12 years
2014
Sales registered on its projects
45,033
Its sales, year by year
Apartment and villa sales registered on the developer's projects. The line tracks the median price per square foot of apartments (for a villa, the registry area is the plot).
Median apartment price on its projects: AED 935/sq ft (≈ EUR 2,480 per m²) in 2015, AED 1,709/sq ft (≈ EUR 4,530 per m²) in 2026.
What buyers of its delivered projects have seen
For each delivered project, we compare the median price per square foot of apartments paid off-plan with the median price of their resales over the last 24 months, and the median rent of apartment Ejari leases signed over 12 months with that resale price.
Median gap, resale vs off-plan
+14%
out of 87 measurable projects
Per year (median)
+4.3%
Projects reselling above their off-plan price
70%
out of 87 measurable projects
Median gross rental yield
7.2%
80 delivered projects with leases
| Project | Delivered | Off-plan / sq ft | Resale / sq ft | Gap | / yr | Gross yield |
|---|---|---|---|---|---|---|
| Azizi Riviera 1Al Merkadh | 2024 | 1,463 | 2,025 | +38% | +4.8% | 7.5% |
| Azizi Riviera 3Al Merkadh | 2024 | 1,408 | 1,852 | +32% | +5.9% | 6.7% |
| Azizi Riviera 20Al Merkadh | 2022 | 1,533 | 1,992 | +30% | +6.4% | 6.6% |
| Azizi Riviera 18Al Merkadh | 2023 | 1,397 | 1,812 | +30% | +16.1% | 7.3% |
| Azizi Riviera 17Al Merkadh | 2022 | 1,346 | 1,745 | +30% | +10.9% | 7.1% |
| Azizi Riviera 27Al Merkadh | 2023 | 1,464 | 1,870 | +28% | +11.1% | 7.2% |
| Azizi Riviera 15Al Merkadh | 2023 | 1,463 | 1,858 | +27% | +14.1% | 7.4% |
| Azizi Riviera 37Al Merkadh | 2024 | 1,580 | 2,004 | +27% | +5.9% | 6.6% |
| Azizi Riviera 13Al Merkadh | 2022 | 1,431 | 1,814 | +27% | +3.8% | 7.3% |
| Azizi Riviera 16Al Merkadh | 2022 | 1,594 | 2,017 | +27% | +3.4% | 7.2% |
Past observations based on medians per square foot, to give you a concrete benchmark: not a valuation of any property, not a forecast and not a promise of return. Price gaps are gross, before purchase costs (4% DLD fee, commissions) and resale costs; the yield is gross, before service charges, vacancy and management.
Its projects under construction
| Project | Launched | Homes | Off-plan / sq ft | Progress |
|---|---|---|---|---|
| AZIZI VENICE 14Madinat Al Mataar | 2024 | 3,438 | 1,641 | 30% |
| AZIZI VENICE 7Madinat Al Mataar | 2024 | 2,276 | 1,808 | 29% |
| Azizi Venice 6Madinat Al Mataar | 2024 | 2,965 | 2,000 | 12% |
| AZIZI VENICE 10Madinat Al Mataar | 2024 | 1,263 | 1,656 | 36% |
| azizi venice 13Madinat Al Mataar | 2024 | 1,888 | 1,659 | 46% |
| azizi venice 12Madinat Al Mataar | 2024 | 1,428 | 1,684 | 22% |
| AZIZI VENICE 11Madinat Al Mataar | 2024 | 1,094 | 1,647 | 26% |
| AZIZI VENICE 9Madinat Al Mataar | 2023 | 778 | 1,812 | 54% |
Its projects on sale with SwissPro360
Azizi Arian
Jebel Ali Free Zone (JAFZA)
From AED 571,000 (≈ EUR 141,000)Azizi Lina
Downtown Jebel Ali
From AED 572,000 (≈ EUR 141,000)Azizi Noura
Downtown Jebel Ali
From AED 578,000 (≈ EUR 142,000)Azizi Sikander
Al Furjan
From AED 586,000 (≈ EUR 144,000)Azizi Abraham
Jebel Ali
From AED 588,000 (≈ EUR 145,000)
Beach Oasis II
Dubai Studio City
From AED 604,000 (≈ EUR 149,000)▶ 1Azizi Raffi
Al Furjan
Announced handover date has passed, to be rechecked
From AED 618,000 (≈ EUR 152,000)
Azizi Milan
Dubailand (près d'IMG Worlds et de Global Village)
From AED 624,000 (≈ EUR 154,000)▶ 3
Azizi Venice
Dubai South
Announced handover date has passed, to be rechecked
From AED 758,000 (≈ EUR 187,000)▶ 4Azizi Leily
Al Jaddaf / Dubai Healthcare City
From AED 828,000 (≈ EUR 204,000)Azizi Jewel
Al Furjan
From AED 1,010,000 (≈ EUR 249,000)Azizi Grand
Dubai Sports City
Announced handover date has passed, to be rechecked
From AED 1,100,000 (≈ EUR 271,000)▶ 1
Azizi Riviera
Meydan, Mohammed Bin Rashid City
Announced handover date has passed, to be rechecked
From AED 1,220,000 (≈ EUR 301,000)▶ 2Creek Views III
Al Jaddaf / Dubai Healthcare City
Announced handover date has passed, to be rechecked
From AED 1,480,000 (≈ EUR 365,000)Azizi Wasel
Dubai Islands
From AED 1,680,000 (≈ EUR 414,000)Azizi Zain
Al Furjan
From AED 1,720,000 (≈ EUR 424,000)Azizi Tower 1
Al Jaddaf / Dubai Healthcare City
From AED 1,830,000 (≈ EUR 451,000)
Riviera Rêve
Meydan, Mohammed Bin Rashid City
From AED 2,350,000 (≈ EUR 579,000)▶ 2Azizi Monaco Mansions
Dubai South
From AED 45,000,000 (≈ EUR 11,090,000)▶ 2Azizi Ameer
Al Furjan
Price not disclosedAzizi David
Al Jaddaf / Dubai Healthcare City
Price not disclosed▶ 1
Azizi Farishta II
Al Jaddaf / Dubai Healthcare City
Price not disclosed▶ 1Azizi Gabriel
Downtown Jebel Ali
Price not disclosed
Azizi Jaddaf Beach Oasis
Al Jaddaf / Dubai Healthcare City
Price not disclosed▶ 2Azizi Rose
Downtown Jebel Ali
Price not disclosedAzizi Wares
Downtown Jebel Ali
Price not disclosed
Burj Azizi
Sheikh Zayed Road
Price not disclosed▶ 4Creek Views IV
Al Jaddaf
Price not disclosed▶ 1
Information taken from the official website of the developer, an agency partner. Prices and availability move quickly: before any booking, an advisor confirms them to you in writing.
Where Azizi's available projects are
One marker per area, larger where projects are numerous. Click a marker to see its projects. Only projects still on sale, launching or under construction: never sold-out projects.
18 available projects in 8 areas
Method and sources
- Projects: DLD project registry. A project is attributed to the developer when the company holding it in the registry belongs to its group (company name or known project company). Projects by other developers built in its communities are not attributed to it.
- Sales and prices: DLD transaction registry. Volumes count apartments and villas; prices per square foot, gaps and yields cover apartments only, offices, shops and hotel rooms excluded, because a villa's area in the registry is its plot (1 m² = 10.764 sq ft). 'Off-plan' covers first sales and resales before handover.
- Resale vs off-plan gap: only for delivered projects with at least 10 off-plan sales and 10 resales over 24 months. The annual equivalent runs between the median date of off-plan sales and that of resales.
- Rents: residential Ejari leases for a single apartment, signed over 12 months, at least 10 per project.
- Profile facts: official websites, annual reports, press releases and aggregators (Propsearch, etc.), each linked to its source. Figures 'according to the developer' are quoted as published: the registry cannot confirm them.
Computed by SwissPro360 from DLD open data, up to 12 November 2026.
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