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Dubai Real Estate: Azizi developments have 11,000 scheduled handovers

Last Updated - August 16, 2024

The leading private developer in Dubai, Azizi development ended 2022 with record sales of AED 5.6 billion. They sold over 6000 units, thereby seeing an increase of 37% in sales in 2022. 

In 2023 they have already scheduled 11000 unit handovers. These handovers spread across 45 projects in the Dubai real estate market, which includes the first, second, and third phases of Riviera, Berton in AL furjan, and Park Avenue I, II, III.

In 2022, they completed the seven buildings of Riviera, 632 residence condominiums, and creek views I. Along with that, they have launched Park Avenue III, 4th Riviera, the most luxurious phase. Also, two residential buildings with 712 units around a swimming pool. They have also acquired a plot on Sheikh Zayed road where they will develop the second tallest tower in UAE. Moreover, they have acquired 15 million square feet of land and 24 million square feet of GFA with plans to launch a city comprising townhouses, residences, villas, and more.

CEO of Azizi development says, ” With our record-breaking sales, this year has been exciting. As a catalyst to UAE’s real estate landscape, vision, and growth, we will continue to add value by developing distinctive homes with standards. 2023 looks very promising, and with nearly 100% of phases 1 and 2 of our Megaproject already being sold out, other phases are also making Rapid progress along with other projects due to completion in the coming months.

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