Dubai: Azizi sales increase 37% in second half of 2022 with 11,000 scheduled handovers this year

  • Date: 05-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Dubai: Azizi sales increase 37% in second half of 2022 with 11,000 scheduled handovers this year

During the year, Azizi completed the first seven buildings of Riviera, its French Mediterranean-inspired waterfront lifestyle community in MBR City. - Supplied photo

Azizi Developments, a leading private developer in the UAE, ended 2022 having sold a total of over 6,000 units, amounting to Dh5.6 billion, mrking a surge in sales of over 37 per cent in the second half of 2022.

This year, Azizi plans to deliver approximately 11,000 units across 45 projects in Dubai, spread across the first, second and third phases of Riviera, Park Avenue I, II and III in MBR City and Berton in Al Furjan.

With 28.4 million manhours of construction and over 167,000 cubic metres of concrete having been poured, Azizi has developed more than 152 floors across 3.51 million sq. ft of built-up area in 2022.

During the year, Azizi completed the first seven buildings of Riviera, its French Mediterranean-inspired waterfront lifestyle community in MBR City, as well as the 634-residence condominium, Creek Views I in Dubai Healthcare City. With Riviera selling out rapidly, Azizi has launched Park Avenue III in MBR City, Rêve, its fourth, most luxurious phase of Riviera, and Beach Oasis, two residential commercial buildings with a total of 712 units nestled around a