Azizi unveils big Dubai South plan with key acquisition deal

  • Date: 22-Nov-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Azizi unveils big Dubai South plan with key acquisition deal

UAE-based Azizi Developments has announced signing a deal with Dubai South, the largest single-urban master development focusing on aviation, logistics and real estate, to acquire 15 million sq ft plot of land in the most growth-inclined area of the emirate.

Azizi, however, did not disclose its detailed plans for the land during the press briefing held on the opening day of Cityscape Dubai 2022 yesterday (November 21).

It stated that the planning and design for the project are already in advanced stages and that it will develop townhouses, villas, residential apartments, hotel apartments, several types of hospitality projects ranging from three to five stars.

It will boast a wide range of amenities, including a swimmable crystal lagoon, water features, parks, sporting facilities (eg. cycling and jogging tracks), children’s playgrounds, green spaces, innovative infrastructure and more to go above and beyond in fulfilling the well-being, comfort, and convenience needs of residents.

With a gross floor area (GFA) of nearly 24 million sq ft, Azizi’s several-dozen-billion-dirham plans for the sizeable land are yet to be revealed.

The newly-acquired land, which is part of Dubai South’s prestigious Golf District, is strategically positioned in the emirate’s growth corridor, with Dubai speedily expanding towards the south.

Situated alongside Emirates Road (E611),