Azizi inks pact with Dubai South for mega plot of land

Azizi inks pact with Dubai South for mega plot of land

CEO tells Khaleej Times about the developer's activities for the years ahead

The signing ceremony was presided over by the executive chairman of Dubai Aviation City Corporation and Dubai South, Khalifa Al Zaffin, and the founder and chairman of Azizi Developments, Mirwais Azizi. - Supplied photo

Published: Tue 22 Nov 2022, 3:44 PM

Azizi Developments signed a deal with Dubai South on Tuesday, acquiring a plot of land of 15 million square, with a gross floor area (GFA) of nearly 24 million square feet.

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 Tuesday at Azizi’s stand at Cityscape Dubai 2022. It was presided over by the executive chairman of Dubai Aviation City Corporation and Dubai South, Khalifa Al Zaffin, and the founder and chairman of Azizi Developments, Mirwais Azizi. Also in attendance was CEO of Azizi Developments, Farhad Azizi, and other key senior management figures from both parties.

Officials of Dubai South and Azizi Developments at Cityscape. - Supplied photo

Mirwais Azizi commented: “This sizable land represents an exceptional opportunity to contribute to the satiation of the exponentially increasing demand for world-class properties in the UAE.