Azizi Developments to invest AED 20bln

Azizi Developments to invest AED 20bln

- Within its soon-to-be-revealed community, the developer is launching a first-of-its-kind 2-kilometre-long air-conditioned boulevard

Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has signed with KEO International Consultants for the masterplan consultancy of its recently acquired, highly coveted 15-million-square-foot plot of land, with 24 million square feet of GFA, in the rapidly growing Dubai South. Azizi is set to become the master developer, in charge of constructing the buildings, roads and all infrastructure of the large-sized, approximately 20-billion-dirham mixed-use development that will feature luxury villas, residences, commercial and entertainment space, and more in Dubai South’s Golf District.

The signing ceremony took place on Wednesday, the 4th of January 2023 in Azizi Developments’ Chairman’s Office in the Conrad Hotel, Sheikh Zayed Road, and was attended by the Founder and Chairman of Azizi Developments, Mr Mirwais Azizi, and the COO of KEO International, Mr Gregory Karpinski. Also in attendance was the CEO of Azizi Developments, Mr Farhad Azizi, the Managing Director Infrastructure of KEO International Consultants, Mr Sameer Daoud, and other key senior management figures from both parties, the media, and a crowd of excited onlookers.

Azizi’s vision for the project is for it to become an innovative landmark destination