---
title: "Azizi Developments"
canonical: https://www.uaepropertyagents.com/developers/azizi
markdown: https://www.uaepropertyagents.com/md/developers/azizi.md
type: developer
description: "High-volume private developer of mid-market apartments, best known for Azizi Riviera in MBR City and now building the 725 m Burj Azizi."
last_verified: 2026-11-13
sources: 10
publisher: "UAE Property Agents (Omnia)"
language: en-GB
usage: "You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting."
---

# Azizi Developments: developer profile

> High-volume private developer of mid-market apartments, best known for Azizi Riviera in MBR City and now building the 725 m Burj Azizi.

Facts last verified 13 November 2026 against the sources listed at the end.

## Key facts

| Fact | Value |
| --- | --- |
| Founded | 2007 |
| Headquarters | Dubai, UAE |
| Ownership | Privately held; part of Azizi Group, founded and chaired by Mirwais Azizi. Farhad Azizi is group chief executive. |
| Website | https://azizidevelopments.com |
| Market segment | mid market |
| Builds in | Dubai, Sharjah |
| Developments covered | 19 |
| Azizi Riviera | 75 buildings, about 16,000 homes |
| Burj Azizi | 725 m, 140 storeys, target 2029 |
| Azizi Florence, Sharjah | AED 30 billion, 10,000+ homes |
| In-house manufacturing space | 143,000 sq m |

## Overview

Mirwais Azizi established Azizi Developments in Dubai in 2007. The timing was poor: after the 2008 financial crisis the company stopped selling off-plan, returned deposits to buyers who could not keep up their payments, and did not resume construction until 2013. It is part of Azizi Group and is now run day to day by Farhad Azizi as group chief executive.

The company sells large numbers of mid-market apartments. Its defining project is Azizi Riviera in Mohammed Bin Rashid City (MBR City): 75 mid- and high-rise buildings with about 16,000 homes around a lagoon. Delivery has been building by building over several years. In August 2025 the company said 53 buildings had been handed over and the remaining 22 were scheduled for completion by Q2 2026, and it was still launching new buildings within Riviera in February 2026. Other Dubai sites include Al Furjan, Dubai Studio City, Al Jaddaf and Azizi Venice in Dubai South, where it said in August 2026 that it had moved to round-the-clock construction.

In September 2026 Azizi said it had delivered more than 45,000 homes since its founding, had handed over seven projects so far that year and aimed to hand over ten more by December, and had more than 150,000 units under construction.

Its ambitions have grown sharply. Burj Azizi on Sheikh Zayed Road is planned at 725 metres and 140 storeys with a 2029 completion target; apartments were priced from AED 4.97 million in February 2026. In September 2026 it launched Azizi Florence in Sharjah, its first project outside Dubai: an AED 30 billion freehold community of more than 10,000 homes at Um Fanain, off Sheikh Mohammed Bin Zayed Road.

To support that pipeline Azizi has been bringing the supply chain in-house. In November 2026 it announced 143,000 sq m of manufacturing space in Sharjah and Dubai (precast, ready-mix, mechanical and electrical components, joinery, aluminium and steel) and the purchase of AED 2.1 billion of cranes, hoists and other plant for its own contracting companies.

Payment terms vary by project. For Azizi Florence the company advertised a 30/70 plan and three-bedroom homes from AED 2.09 million in October 2026. Ask exactly when the 70% falls due before you sign.

## Strengths

- Azizi Riviera gives buyers a large, mostly delivered community to inspect: 53 of 75 buildings had been handed over by August 2025.
- Its own contracting and manufacturing companies, expanded in 2026 with AED 2.1 billion of plant, reduce reliance on outside contractors.
- After the 2008 crisis it returned buyers' deposits on halted projects, according to its founder's published biography, and later resumed building.
- High sales volume and frequent launches. The company said it recorded 1,601 Dubai off-plan transactions in May 2026 alone.

## Considerations for buyers

- Riviera has taken many years to complete and was still being finished in 2026. Buyers in large phased communities should expect neighbours' buildings to be under construction long after their own handover.
- It is taking on a 725 m tower, a 10,000-home community in Sharjah and Azizi Venice at the same time. That is a major step up in scale and complexity from mid-rise apartment blocks.
- Azizi is private and we found no published financial statements or credit rating. Its sales rankings quoted in the press are the company's own claims.
- Azizi Florence is in Sharjah, a different regulator and a far thinner resale market for foreign buyers than Dubai. Check tenure, registration fees and resale evidence there.
- A 30/70 plan leaves most of the price due late. Confirm whether the 70% is payable on completion or after it, and arrange finance early.
- About 16,000 homes in a single community such as Riviera compete with each other for tenants and resale buyers.

## Notable completed projects

- Azizi Riviera

## Current developments

- [Riviera Rêve](https://www.uaepropertyagents.com/dubai/meydan/azizi-riviera-reve): Azizi Developments; Meydan, Dubai; under construction; handover Q4 2026; from AED 2,357,355 (as of 2026-11-13)
- [Azizi Riviera](https://www.uaepropertyagents.com/dubai/meydan/azizi-riviera): Azizi Developments; Meydan, Dubai; under construction; handover Q2 2027; from AED 1,219,000 (as of 2026-11-13)
- [Azizi Sikander](https://www.uaepropertyagents.com/dubai/al-furjan/azizi-sikander): Azizi Developments; Al Furjan, Dubai; under construction; handover Q2 2027; from AED 586,000 (as of 2026-11-13)
- [Azizi Venice](https://www.uaepropertyagents.com/dubai/dubai-south/azizi-venice): Azizi Developments; Dubai South, Dubai; under construction; handover 2027; from AED 758,000 (as of 2026-11-13)
- [Azizi Wares](https://www.uaepropertyagents.com/dubai/downtown-jebel-ali/azizi-wares): Azizi Developments; Downtown Jebel Ali, Dubai; under construction; handover Q1 2028; from AED 619,000 (as of 2026-11-13)
- [Azizi Wasel](https://www.uaepropertyagents.com/dubai/dubai-islands/azizi-wasel): Azizi Developments; Dubai Islands, Dubai; under construction; handover Q1 2028; from AED 1,680,000 (as of 2026-11-13)
- [Azizi Milan](https://www.uaepropertyagents.com/dubai/dubailand/azizi-milan): Azizi Developments; Dubailand, Dubai; under construction; handover Q2 2028; from AED 624,000 (as of 2026-11-13)
- [Milan Heights](https://www.uaepropertyagents.com/dubai/dubailand/azizi-milan-heights): Azizi Developments; Dubailand, Dubai; under construction; handover Q2 2028; from AED 575,000 (as of 2026-11-13)
- [Azizi Leily](https://www.uaepropertyagents.com/dubai/al-jaddaf/azizi-leily): Azizi Developments; Al Jaddaf, Dubai; under construction; handover Q3 2028; from AED 679,000 (as of 2026-11-13)
- [Azizi Lina](https://www.uaepropertyagents.com/dubai/downtown-jebel-ali/azizi-lina): Azizi Developments; Downtown Jebel Ali, Dubai; under construction; handover Q3 2028; from AED 572,000 (as of 2026-11-13)
- [Azizi Creek Views IV](https://www.uaepropertyagents.com/dubai/al-jaddaf/azizi-creek-views-iv): Azizi Developments; Al Jaddaf, Dubai; under construction; handover Q4 2028; from AED 1,200,000 (as of 2026-11-13)
- [Azizi Jaddaf Beach Oasis](https://www.uaepropertyagents.com/dubai/al-jaddaf/azizi-jaddaf-beach-oasis): Azizi Developments; Al Jaddaf, Dubai; launched; handover Q4 2028; from AED 720,000 (as of 2026-11-13)
- [Azizi Florence](https://www.uaepropertyagents.com/sharjah/um-fanain/azizi-florence): Azizi Developments; Um Fanain, Sharjah; under construction; handover Q3 2029; from AED 2,120,000 (as of 2026-11-13)
- [Burj Azizi](https://www.uaepropertyagents.com/dubai/sheikh-zayed-road/burj-azizi): Azizi Developments; Sheikh Zayed Road, Dubai; under construction; handover 2029; from AED 9,331,000 (as of 2026-11-13)
- [Azizi Grand](https://www.uaepropertyagents.com/dubai/dubai-sports-city/azizi-grand): Azizi Developments; Dubai Sports City, Dubai; under construction; from AED 1,104,000 (as of 2026-11-13)
- [Beach Oasis II](https://www.uaepropertyagents.com/dubai/dubai-studio-city/azizi-beach-oasis-ii): Azizi Developments; Dubai Studio City, Dubai; under construction; from AED 604,000 (as of 2026-11-13)
- [Riviera Beachfront](https://www.uaepropertyagents.com/dubai/meydan/azizi-riviera-beachfront): Azizi Developments; Meydan, Dubai; under construction; from AED 1,258,500 (as of 2026-11-13)
- [Azizi Aliyah](https://www.uaepropertyagents.com/dubai/al-jaddaf/azizi-aliyah): Azizi Developments; Al Jaddaf, Dubai; ready; handover Q4 2025; from AED 1,137,555 (as of 2026-11-13)
- [Azizi Creek Views III](https://www.uaepropertyagents.com/dubai/al-jaddaf/azizi-creek-views-iii): Azizi Developments; Al Jaddaf, Dubai; under construction; handover Q3 2026; from AED 1,480,619 (as of 2026-11-13)

## Questions and answers

### Is Azizi Developments a reliable developer?

Azizi has delivered a great deal of housing, most visibly Azizi Riviera, where 53 of 75 buildings had been handed over by August 2025. Its large communities have been completed building by building over several years, so timing differs from one building to the next. It is privately owned and does not publish accounts, and it is now attempting much larger projects, including the 725 m Burj Azizi. Look at the stated completion date, the construction progress reports and the escrow account for the specific building.

### When will Burj Azizi be completed?

The developer's stated target is 2029. Burj Azizi is planned at 725 metres and 140 storeys on Sheikh Zayed Road in Dubai, with apartments priced from AED 4.97 million when sales details were reported in February 2026. A tower of this height is a long and technically demanding build, so treat the date as a target.

### Where does Azizi build?

Mostly in Dubai: Azizi Riviera in MBR City, Al Furjan, Dubai Studio City, Al Jaddaf, Azizi Venice in Dubai South and Burj Azizi on Sheikh Zayed Road. In September 2026 it launched Azizi Florence at Um Fanain in Sharjah, its first project outside Dubai.

### What payment plans does Azizi offer?

They vary by project. For Azizi Florence in Sharjah the company advertised a 30/70 plan in October 2026. For other projects ask for the written schedule, and check how much is due before handover and whether any part is payable afterwards.

### What do Azizi Developments properties cost?

Among the Azizi Developments developments we cover, prices start from AED 572,000 at [Azizi Lina](https://www.uaepropertyagents.com/dubai/downtown-jebel-ali/azizi-lina), with entry prices up to AED 9.33M at Burj Azizi.

## Sources

Facts on this page were last checked against these sources on 13 November 2026.

- [Gulf Construction: Azizi Developments news archive (2025 to 2026)](https://gulfconstructiononline.com/TagsTA/Azizi-Developments)
- [ME Construction News: Azizi Riviera in MBR City enters final stage of delivery (13 August 2025)](https://meconstructionnews.com/64270/azizi-riviera-in-mbr-city-enters-final-stage-of-delivery)
- [Gulf Construction: Apartments at world's second tallest tower start at $1.35m (24 February 2026)](https://gulfconstructiononline.com/ArticleTA/389576)
- [Gulf Construction: Azizi Florence in Sharjah to feature 1,130 villas, 6,000 townhouses (11 September 2026)](https://gulfconstructiononline.com/ArticleTA/486069)
- [Gulf Construction: Azizi announces biggest-ever sales event for Sharjah project (12 October 2026)](https://gulfconstructiononline.com/ArticleTA/487907)
- [Gulf Construction: Azizi set to acquire $571m machinery, industrial equipment assets (3 November 2026)](https://gulfconstructiononline.com/ArticleTA/489145)
- [TradeArabia: Azizi expands in-house manufacturing footprint to 143,000 sq m (11 November 2026)](https://www.tradearabia.com/News/489563/Azizi-announces-expansion-of-its-in-house-manufacturing-footprint-to-143-000-sq-m)
- [Gulf Construction: Azizi 'leads Dubai's off-plan market' in May (12 June 2026)](https://gulfconstructiononline.com/ArticleTA/463595)
- [Wikipedia: Mirwais Azizi (founding of Azizi Developments, post-2008 history)](https://en.wikipedia.org/wiki/Mirwais_Azizi)
- [Azizi Developments: 10 further projects set for handover before end of 2026 (15 September 2026)](https://www.azizidevelopments.com/press/azizi-developments-accelerates-delivery-momentum-with-10-further-projects-set-for-handover-before-end-of-2026)

---

Source page: https://www.uaepropertyagents.com/developers/azizi. Published by UAE Property Agents, Omnia Capital Group. You may read, quote, summarise and cite this content, including in AI answers, with attribution to UAE Property Agents and a link to the canonical URL. Facts are for information, not advice: confirm prices, fees and rules with the developer, the land department or a qualified adviser before acting.