Business

Azizi Developments, a premier private developer in the UAE, has announced the successful sale of over 61% of units in its luxurious mixed-use development, Azizi Venice, situated in Dubai South. This milestone reflects the strong market demand and the project's exceptional appeal.

Azizi Venice will feature more than 30,000 residential units across approximately 100 apartment complexes, along with over 400 luxury villas and mansions. Azizi Developments is serving as the master developer, overseeing the construction of buildings, roads, and all related infrastructure.

The development has attracted buyers from 116 nationalities, with the largest demographic being from the United Arab Emirates, followed by investors from the GCC, Europe, the UK, India, Pakistan, and other regions.

"We are thrilled with the impressive sales results at Azizi Venice, reflecting the outstanding appeal of this stunning community," said Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments. "This swift achievement highlights the vibrant expansion of Dubai's real estate market, reinforcing its status as a leading global hub for business and tourism. With construction progressing at an exceptional pace, we are dedicated to surpassing expectations and providing unmatched excellence."

Central to Azizi Venice is its luxurious pedestrian-friendly boulevard, designed to be open-air in winter and glass-covered in summer for year-round activity. The boulevard will feature three-storey buildings hosting top global retailers, nightlife, entertainment options, and diverse eateries, making it a unique point of interest in Dubai.

A major highlight of the development is Azizi Opera, located at the heart of the boulevard. Built to contemporary design and architectural standards, Azizi Opera is set to become a notable venue for cultural and community events in Dubai.

Azizi Venice is expected to attract over 30,000 daily visitors, serving as a prime tourist destination and a high-end local hotspot. The community will feature two Azizi-owned and operated five-star hotels at its entrances, and a boutique hotel on an island in the lagoon. Additionally, extensive underground parking facilities will be available to accommodate tens of thousands of daily visitors to Azizi Boulevard and Azizi Opera.

Prospective buyers and investors can visit the Azizi Developments Sales Gallery on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.

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