Azizi Developments signs deal with Dubai South to purchase 15mln sq. ft. of land

Azizi Developments signs deal with Dubai South to purchase 15mln sq. ft. of land

- Azizi Developments is set to become the master developer of a massive, approximately dozen-billion-dirham mixed-use development with over 24 million square feet of GFA, featuring townhouses, villas, residences and more in Dubai South’s Golf District

Dubai, United Arab Emirates: Azizi Developments, a leading private real estate developer in the UAE, signed a deal with Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, acquiring a highly coveted 15 million sq. ft. plot of land in the most growth-inclined area of the emirate. With a gross floor area (GFA) of nearly 24 million square feet, Azizi’s several-dozen-billion-dirham plans for the sizeable land are yet to be revealed. As part of the agreement, Azizi Developments will be the master developer, in charge of constructing the development’s buildings, its roads, and infrastructure.

The signing ceremony took place on 21 November at Azizi’s stand at Cityscape Dubai 2022 (Booth A10, Za’abeel Hall 6 - Dubai World Trade Centre) and was presided over by the Executive Chairman of Dubai Aviation City Corporation and Dubai South, His Excellency Khalifa Al Zaffin, and the Founder and Chairman of Azizi Developments, Mr Mirwais Azizi. Also in attendance was CEO of Azizi Developments, Mr Farhad