Azizi Developments Dubai: History, Projects & Delivery Record 2026

Azizi Developments is a Dubai-based real estate developer established in 2007 as the property arm of Azizi Group, founded by Mirwais Azizi in 1989. Led today by Chairman Mirwais Azizi and CEO Farhad Azizi, the company has delivered more than 45,000 homes to date and carries a portfolio of 200+ projects valued at roughly AED 45 billion, spanning Mohammed Bin Rashid City, Dubai South, Al Furjan, Sheikh Zayed Road, Palm Jumeirah, and beyond. It is currently building Burj Azizi — confirmed at a height of 725 metres, set to become the world's second-tallest tower after Burj Khalifa.

In a city with hundreds of developers competing for attention, few can point to a delivery record measured in the tens of thousands of homes. Azizi Developments can: in 2024 alone it completed 19 projects and handed over more than 10,000 units, a pace industry coverage has called unmatched among Dubai's private developers. This guide covers where the company came from, who leads it, its major projects across Dubai area by area, its delivery record and recognition, and what an investor should weigh before buying.

Azizi Developments at a Glance

2007 founding year in Dubai · 200+ projects · 45,000+ homes delivered · AED 45 billion+ portfolio value

Azizi's History: From Kabul to Dubai's Skyline

Azizi Developments' story starts well before its first Dubai project. Mirwais Azizi, born in 1962 in Laghman, Afghanistan, left the country in 1988 and built Azizi Group from the ground up, founding it in 1989. The group diversified early — into banking, with Azizi Bank launched in Kabul in 2006, and into hospitality and other ventures through Azizi Hotak Group, which today operates across ten countries. Real estate followed in 2007, when Azizi Developments launched in Dubai, and it's this arm that grew into the company most buyers know today.

Growth accelerated through the 2010s and 2020s as the company built across more than ten Dubai communities — from Al Furjan and Dubai Healthcare City to Palm Jumeirah, Studio City, Sports City, and Dubai South — before taking on two of its most ambitious projects yet: Riviera, a French Mediterranean-inspired waterfront district in Mohammed Bin Rashid City, and Venice, a canal-laced community in Dubai South comprising tens of thousands of units. In January 2024, the company broke ground on its most attention-grabbing project to date: Burj Azizi, a supertall tower on Sheikh Zayed Road.

Key Milestones

• 1989 — Mirwais Azizi founds Azizi Group.
• 2006 — Azizi Bank launches in Kabul.
• 2007 — Azizi Developments launches in Dubai.
• 2016 — Wins Developer of the Year at the Construction Innovation Awards Middle East.
• November 2023 — Named Middle East Property Developer of the Year at the 10th Property Consultants and Developers Summit.
• January 2024 — Breaks ground on Burj Azizi, on Sheikh Zayed Road.
• 2024 — Completes 19 projects and hands over more than 10,000 units — a single-year record among Dubai's private developers, per industry coverage.
• September 2024 — Burj Azizi's height is confirmed at 725 metres following approvals from Dubai Civil Aviation Authority and Dubai Municipality, positioning it as the world's second-tallest tower.
• 2025–2026 — Riviera and Venice advance through multiple handover phases; Al Furjan projects Azizi Zain and Azizi Jewel progress toward their Q1 and Q4 2026 handovers respectively.

Who Leads Azizi Developments?

Mirwais Azizi serves as Founder and Chairman of Azizi Group, and was recognized among Arabian Business's "100 Most Inspiring Leaders in the Middle East" in 2018. His son, Farhad Azizi — educated at the University of Tulsa — leads Azizi Developments as CEO and has been the public face of the company's push into Riviera, Venice, and Burj Azizi, alongside a stated ambition to expand the Azizi brand into Europe and North America.

The company describes its vision as offering elegantly designed, world-class homes that are both affordable and capable of yielding high rental returns — and Farhad Azizi has framed the company's approach around a simple standard: enhancing customers' lives through properties that deliver real value.

Azizi's Projects in Dubai: The Full Map, Area by Area

Mohammed Bin Rashid City — Azizi Riviera

Azizi Riviera is a French Mediterranean-inspired waterfront destination spanning 75 mid- and high-rise buildings and roughly 16,000 residences, built around a 2.7-kilometre swimmable crystal lagoon. The community is organized into three districts — a retail boulevard, a lagoon walk lined with cafés and boutiques, and Les Jardins, a green social space — and has been recognized with Best Luxury Residential Development honors for the area.

Dubai South — Azizi Venice

Azizi Venice is one of the company's largest single communities: more than 36,000 residential units across 100-plus apartment complexes, plus over 109 ultra-luxury mansions, laid out around man-made canals near Al Maktoum International Airport. Construction is advancing in phases, with handovers reported to run from Q4 2025 through Q2 2026.

Al Furjan

Sheikh Zayed Road — Burj Azizi

Burj Azizi is Azizi's flagship: a 131-storey, 725-metre supertall tower that broke ground in January 2024 and is targeted for completion in 2028. On completion it is set to become the world's second-tallest building after Burj Khalifa (828m), ahead of Malaysia's Merdeka 118 (678.9m) and Shanghai Tower (632m). The tower will combine residential apartments with an all-suite luxury hotel and a seven-floor "vertical" retail mall.

Other Areas

Azizi's broader footprint also covers Palm Jumeirah, Dubai Healthcare City, Dubai Studio City, Dubai Sports City, and Downtown Jebel Ali — giving the developer one of the widest geographic spreads of any private Dubai builder.

Delivery Record and Recognition

Azizi has delivered more than 45,000 homes to date, and 2024 alone accounted for a notable share of that: 19 completed projects and more than 10,000 units handed over in a single year, a pace industry press has described as unmatched among Dubai's private developers. Trade coverage also reports the company currently has close to 150,000 units in some stage of construction — a figure best treated as a company-reported estimate rather than an audited count.

The company's award history includes:

• Middle East Property Developer of the Year, 10th Property Consultants and Developers Summit (November 2023)
• Developer of the Year, Construction Innovation Awards Middle East (2016)
• Top Contributing Developer Award, Dubai Land Department Partners Forum
• Best Luxury Residential Development honors for Azizi Riviera
• Mirwais Azizi named among Arabian Business's 100 Most Inspiring Leaders in the Middle East (2018)

*A note on the figures: unit and portfolio numbers for a developer this size are reported somewhat differently across sources and update frequently as new phases launch. The figures above reflect the most consistent, most recently reported numbers at the time of writing — always confirm current availability and pricing directly before committing to a unit.*

A Balanced Investment Read Before You Buy

Strengths

• One of the largest delivery records of any private Dubai developer — 45,000+ homes handed over, with 2024 alone adding 10,000+.
• A genuinely diversified footprint across more than ten Dubai communities, reducing single-area concentration risk.
• Landmark projects (Burj Azizi, Riviera, Venice) that raise the brand's profile and could support values across the wider portfolio.
• Master-planned communities built with resort-style amenities and their own retail ecosystems, which tend to support rental demand at handover.

Points worth scrutinizing

• Riviera and Venice's very large unit counts mean significant supply lands in the same area within a short window — worth checking how many units in your specific building are handing over around the same time as yours.
• Burj Azizi is a supertall project targeting 2028; construction timelines on towers of this scale have historically been more sensitive to delay than mid-rise product.
• Always verify a project's specific escrow account and its registration on Dubai REST before signing — this applies to any developer, regardless of track record.
• Treat headline unit and valuation figures as company-reported unless cross-checked against Dubai Land Department transaction data.

*This article is informational and analytical, not investment advice. Figures are drawn from Azizi Developments' public statements and the press coverage cited, and project status may change over time.*

Frequently Asked Questions

Is Azizi Developments a reliable real estate developer?

Yes. The company has been operating in Dubai since 2007, has delivered more than 45,000 homes to date, and has been recognized with multiple industry awards, including Middle East Property Developer of the Year in 2023.

When was Azizi Developments founded?

Azizi Developments launched in Dubai in 2007, as the real estate arm of Azizi Group, which Mirwais Azizi founded in 1989.

Who owns Azizi Developments?

Mirwais Azizi is the Founder and Chairman of Azizi Group. His son, Farhad Azizi, is the CEO of Azizi Developments.

What is Azizi's most famous project?

Burj Azizi, a 725-metre supertall tower on Sheikh Zayed Road, currently under construction and targeted to become the world's second-tallest building after Burj Khalifa upon completion in 2028.

Where are Azizi's projects in Dubai?

Mohammed Bin Rashid City (Riviera), Dubai South (Venice), Al Furjan, Sheikh Zayed Road (Burj Azizi), Palm Jumeirah, Dubai Healthcare City, Dubai Studio City, Dubai Sports City, and Downtown Jebel Ali.

How many units has Azizi delivered?

More than 45,000 homes to date, including over 10,000 units handed over in 2024 alone.

Can I buy an Azizi property through AB Properties?

Yes. Abdelrahman Badr Properties (RERA license 38889) works with Azizi and other established Dubai developers to source available units and match them to the payment plan and community that fits your budget.

Conclusion

Azizi Developments' path to becoming one of Dubai's most active private developers didn't start with a single flagship tower — it started with a group founded in Kabul in 1989 that diversified into banking and hospitality before turning to Dubai real estate in 2007. Nearly two decades on, that patient diversification has produced a developer with 45,000+ homes delivered, a footprint across ten-plus Dubai communities, and a project — Burj Azizi — that will put the company's name on the world's second-tallest skyline silhouette.

Considering a unit in Riviera, Venice, Al Furjan, or Burj Azizi? Abdelrahman Badr Properties can walk you through current availability, pricing, and payment plans. Call or WhatsApp us at +971 58 677 4433, or reach out through our contact page — we typically respond the same day.