Azizi Developments sees spike in sales in Dubai in 2024 and expects to complete 25 projects in 2025.
Azizi Developments Ends 2024 with Record-breaking Success in Project Delivery and Sales
Dubai’s leading real estate developer, Azizi Developments, has celebrated an extraordinary end to 2024, achieving unprecedented milestones in project completion and sales performance.
As planned in 2023, the developer successfully delivered thousands of units across 19 projects. With ambitious plans for 2025, Azizi is set to complete 6,979 additional units across 25 developments.
In a significant sales achievement, Azizi recorded the sale of 10,229 units in 2024, marking a 15.8% growth compared to the previous year. The total value of these sales surpassed AED 10 billion ($2.7 billion), highlighting the developer’s prominent role in Dubai’s real estate market.
Commitment to Excellence in Dubai’s Real Estate
This landmark success underscores Azizi’s unwavering dedication to delivering premium, high-quality homes, addressing the growing demand for luxury properties in Dubai. Over the past year, the company has developed more than 8.4 million square feet of built-up area across its various projects, covering 316 floors. This impressive output included pouring over 387,329 cubic meters of concrete and logging over 43.6 million manhours.
2024 also marked major milestones for Azizi’s construction and new project launches. The year saw the groundbreaking of the iconic Burj Azizi, poised to become the world’s second-tallest tower, and remarkable progress at Azizi Venice, a waterfront community in Dubai South inspired by Venetian architecture.
Substantial advancements were also made in the fourth phase of Riviera, a sought-after French Mediterranean-inspired water lagoon development in MBR City, as well as Creek Views III in Dubai Healthcare City, Vista in Dubai Studio City, and Amber in Al Furjan, among others.
A Year of Remarkable Achievements
Reflecting on the year’s successes, Farhad Azizi, Group CEO of Azizi Developments, stated:
“2024 has been an incredible year for Azizi Developments. Surpassing 10,000 unit sales and completing 19 projects reflects our tireless commitment to excellence and the confidence our investors and residents place in us. We remain focused on enhancing lifestyles and contributing to Dubai’s vision and development, which is our home.
“I am deeply grateful to our stakeholders for their trust and support, which have been pivotal to our achievements. As we look ahead to 2025, we are determined to further transform Dubai’s skyline with our innovative developments.”
Industry Leadership and Philanthropic Contributions
Azizi strengthened its position as a market leader in 2024 through strategic partnerships and accolades, including being named ‘Best Community Developer.’
The company also expanded its philanthropic initiatives, donating AED 600 million to the Mother’s Endowment Campaign and sponsoring the Rashid Centre for the Determined Ones for the sixth consecutive year. Additionally, Azizi unveiled its Cultural District within Azizi Venice, which received recognition from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai and Vice President and Prime Minister of the UAE.
Azizi further reinforced its community involvement by serving as a pillar partner of the Dubai World Cup for the seventh year in a row and participating in various impactful CSR activities.
Expanding for the Future
The developer continues to enrich its portfolio with thoughtfully designed communities and premium developments that cater to the evolving needs of local and international investors. Azizi’s vision is to create sustainable, luxurious communities that enhance lifestyles for generations.
Prospective buyers and investors are welcome to visit Azizi Developments’ Sales Gallery, located on the 13th floor of the Conrad Hotel on Sheikh Zayed Road, to explore their impressive offerings.
