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Volume28 projects on sale

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%
Official website ↗

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 ↗

Published figures

  • AED 16bn (≈ EUR 3.94bn)

    Unit sales (2025)source ↗

  • 22 projects, about 5,000 homes

    Delivery target (2026)source ↗

  • 53 of 75

    Azizi Riviera: buildings handed over (2025)source ↗

Landmark projects

  • Azizi Riviera
  • Mina by Azizi
  • Star (Al Furjan)
  • Creek Views I
  • Aura (Downtown Jebel Ali)

Key dates

  1. 2007

    Mirwais Azizi founds Azizi Developments.source ↗

  2. 2022

    First handovers at Azizi Riviera: 7 buildings, 1,164 homes.source ↗

  3. 2024

    Burj Azizi (725 m) announced on Sheikh Zayed Road.source ↗

  4. 2025

    Azizi Riviera: 53 of 75 buildings handed over, phases 1 to 3 completed.source ↗

  5. 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

91 delivered43 under construction16 other (not started, frozen)

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).

Off-plan Ready (resale) Median price / sq ft, apartments

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

Sort by
ProjectDeliveredOff-plan / sq ftResale / sq ftGap/ yrGross yield
Azizi Riviera 1Al Merkadh20241,4632,025+38%+4.8%7.5%
Azizi Riviera 3Al Merkadh20241,4081,852+32%+5.9%6.7%
Azizi Riviera 20Al Merkadh20221,5331,992+30%+6.4%6.6%
Azizi Riviera 18Al Merkadh20231,3971,812+30%+16.1%7.3%
Azizi Riviera 17Al Merkadh20221,3461,745+30%+10.9%7.1%
Azizi Riviera 27Al Merkadh20231,4641,870+28%+11.1%7.2%
Azizi Riviera 15Al Merkadh20231,4631,858+27%+14.1%7.4%
Azizi Riviera 37Al Merkadh20241,5802,004+27%+5.9%6.6%
Azizi Riviera 13Al Merkadh20221,4311,814+27%+3.8%7.3%
Azizi Riviera 16Al Merkadh20221,5942,017+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

ProjectLaunchedHomesOff-plan / sq ftProgress
AZIZI VENICE 14Madinat Al Mataar20243,4381,64130%
AZIZI VENICE 7Madinat Al Mataar20242,2761,80829%
Azizi Venice 6Madinat Al Mataar20242,9652,00012%
AZIZI VENICE 10Madinat Al Mataar20241,2631,65636%
azizi venice 13Madinat Al Mataar20241,8881,65946%
azizi venice 12Madinat Al Mataar20241,4281,68422%
AZIZI VENICE 11Madinat Al Mataar20241,0941,64726%
AZIZI VENICE 9Madinat Al Mataar20237781,81254%

Its projects on sale with SwissPro360

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

E11E44E311Arabian GulfNAl Jaddaf : 5 available projects5Al Furjan : 3 available projects3Downtown Jebel Ali : 3 available projects3Dubai Hills Estate : 2 available projects2Dubai South : 2 available projects2Dubai Islands : 1 available project1Dubai Sports City : 1 available project1Dubai Studio City : 1 available project1
Indicative position: the centre of the area, not the project's address.
3 other projects off the map
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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