Azizi inks masterplan consultancy deal to develop its $5.4bn mixed-use project

  • Date: 06-Jan-2023
  • Source: GCC Business News
  • Sector:Real Estate
  • Country:UAE
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Azizi inks masterplan consultancy deal to develop its $5.4bn mixed-use project

Azizi Developments, the UAE’s leading private developer, has signed an agreement with KEO International Consultants for the masterplan consultancy of its recently acquired 15-million-sq-ft plot of land within the prestigious Golf District in the rapidly growing Dubai South.

Under the agreement, Azizi will be the master developer, in charge of constructing the buildings, roads and all infrastructure of the mega $5.4 billion mixed-use development that will feature luxury villas, residences, commercial and entertainment space.

The newly acquired land is strategically positioned in the emirate’s growth corridor, with Dubai speedily expanding towards the south.

Situated alongside Emirates Road (E611), built to link the emirates together while also providing convenient access points to Dubai’s other major highways and various points of interest, the plot of land is among the best connected in the southern part of the emirate.

With just a five-minute drive to the Al Maktoum International Airport, also known as Dubai World Central (DWC), and a few minutes away from the VIP Terminal, but without any air traffic above it, the land is outstandingly well positioned for a luxury community to be developed.

A key highlight of the project will be a one-of-its-kind 2-km-long air-conditioned, glass-covered, pedestrian-friendly boulevard which will have shopping areas, commercial space