Azizi Developments, a real-estate developer in the UAE sold a total of 6000 units in 2022 amounting to AED5.6 billion resulting in a 37 percent surge in sales. In 2023, the developer plans to deliver over 11,000 units across 45 projects in Dubai.
Last year, Azizi completed the first seven buildings of Riviera, the French Mediterranean-inspired waterfront community in MBR City as well as, Creek Views I in Dubai Healthcare City.
Launching soon on Sheikh Zayed Road is the second tallest tower in the UAE, Azizi has also signed a deal with Dubai South, acquiring a 15 million sq. ft. plot.
“With our record-breaking sales and construction speed, this year has been an exciting one for us at Azizi Developments. As a catalyst to the UAE’s real estate landscape, vision, and growth, we will continue to add value, developing distinctive homes that set the standards in contemporary building design and quality, and that grant investors and end-users unparalleled, enriched lifestyles,” said, Farhad Azizi, CEO of Azizi Developments.
“2023 looks very promising with nearly 100 percent of phases 1 and 2 of our megaproject Riviera already being sold out, and the other two phases making rapid progress, as well as several other projects being due for completion in the coming months. We value the support of our stakeholders and thank them for their contributions in turning our projects from conceptualisation into reality,” he added.
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