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Real Estate

Azizi Developments launches fly-in initiative for Chinese nationals

Azizi Developments, a leading private developer in the UAE, is welcoming Chinese investors to Dubai with a exclusive Chinese New Years offer, in line with the rising Chinese investor interest in Dubai real estate and as part of its currently rolled-out fly-in programme.

Azizi is providing Chinese nationals a customised 5-day, 4-night day out package that includes visits to the emirates most iconic destinations, as well as guided property tours. The developer will manipulate the whole journey and accommodation reserving process, transportation, food and beverage options, and more. Potential investors simply have to inform the developer of an appropriate time, and Azizi will manage their whole top class journey. The developer targets to exhibit its world-class properties throughout the city's top locations, as well as Dubai's many marvels.

While the UAE constantly cements its global standing as one of the worlds leading real estate investment destinations, Azizi is witnessing a specific increase in demand from the Chinese market, with sales to this demographic having doubled from 2018 to 2019.

According to a report issued by HSBC, the UAE-China overall trade is expected to hit USD 70bn by 2020. A massive range of Chinese nationals are investing in Dubai's real estate market as an outcome of the strengthening of bilateral ties and the implementation of the Belt and Road Initiative, with China already representing the UAEs second biggest trade partner. Current traits in the Chinese stock and property markets, both of which have been experiencing fast boom in recent years, have encouraged upper-middle-class Chinese nationals to make investments in overseas markets, together with Dubai. Depreciation of the Yuan, as well as the promising rental yields in Dubai, additionally enhances Chinese investor demand in properties in the emirate.

Gibran Hussain Bukhari, Senior Advisor to the CEO& Chairman at Azizi Developments, said: "We work diligently to discover market trends and understand our customers needs. Only companies that are aware of these and advance projects in accordance will have insights that enable them to innovate and prosper. With demand from Chinese investors surging, and as part of our pursuit of client centricity and operational excellence, we are tailoring our offerings and efforts to their specific needs, such as via a dedicated salesforce and focused marketing. Our fly-in programme, though, extends far beyond a mere sales approach - we prefer property seekers to come and witness the safety, stability, high living standards, excellent potential, and many wonders of this remarkable city first-hand, in a convenient, enjoyable, transparent and all-inclusive manner. We desire to exhibit the world the many profitable opportunities that anticipate them in Dubai.

On behalf of all of us at Azizi Developments, we wish our Chinese friends a very happy, prosperous and healthy new year. May it be stuffed with good luck, wealth and an abundance of treasurable memories. We look ahead to serving as a catalyst to their success, Bukhari added.

Azizi Developments residential and business properties, all of which are placed in Dubai's most up-and-coming areas, are investor friendly and cater to all lifestyles. The developer makes it its global mission to develop lifestyles and enrich the lives of its residents, with a focus on catalysing the vision and improvement of Dubais property market.

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