Azizi Developments goes international to attract foreign investment

17

The developer has launched over 22 international roadshows in the past 11 months alone, placing Dubai, as well as all of its projects in the emirate, on the world stage

Dubai, UAE: Azizi Developments, a leading private developer in the UAE, has magnetised tens of thousands of foreign investors through the staging of roadshows in a number of countries across the world, promoting its prestigious projects as well as the emirate of Dubai as a whole. The developer has attracted substantial amounts of foreign investment to Dubai, with roadshows having taken place in emerging markets such as Russia, Kazakhstan, Nigeria, Kenya, Congo, Ethiopia, Sudan, Egypt, India, and Iraq, among others. 

Azizi has booked premium hotels for its shows, with the likes of Kempinski, Movenpick, Hilton, Radisson, Park Hyatt and Novotel having served as the ideal venues for the developer to exhibit its projects, as well as the many marvels of the awe-inspiring city of Dubai.

Azizi’s roadshows alone have generated sales of over AED 220m since October 2020, representing a substantial inflow of foreign investment into Dubai’s thriving real estate sector. 

Mr Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are privileged to be living in – and contributing to – the economy of this incredible country. These roadshows are critical in bringing foreign property investors to Dubai, and they are particularly effective. We do our best in providing investors with transparent and convenient purchase and after-sales processes for our world-class, lifestyle-enhancing homes that are built to last and yield substantial, growth-oriented returns. We’ve made it our mission to showcase not only our properties, but the United Arab Emirates as a whole, to the world – with it being the best, most welcoming place to visit, live and work in, and a leader in business, tourism and innovation.”

Part of Azizi Developments’ award-winning portfolio, Riviera is a stylish waterfront-lifestyle destination located in the heart of MBR City that is planned to comprise 71 mid-rise buildings with approximately 16,000 residences upon its completion, conveniently located in the midst of all the business, leisure and retail hubs of the city. 

Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not merely about architectural art but also about a certain ‘joie de vivre’ — a celebration of life, an exultation of spirit, Riviera represents a new landmark destination that is both residential and commercial, with an abundance of retail space. Riviera features three districts: an extensive retail boulevard, a lagoon walk with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space. 

In June this year, Azizi Developments announced the addition of a 2.7-kilometre-long crystal lagoon to Riviera, covering an area of over 130,026 square metres that will stretch across the entirety of the community. With stunning blue flooring, filled with more than 51.5 million gallons of crystal-clear, desalinated and clean water that residents can swim in, and easily accessible via its lagoon walk — which will also feature a vast variety of artisan eateries and boutiques — Azizi’s lagoon will be a bustling space where residents can enjoy strolls along the beach-like shores, sunbathe and cool off. This proved to be especially popular among international investors. 

With its strategic location near the upcoming Meydan One Mall and the Meydan Racecourse — home of the Dubai World Cup — as well as Dubai’s most noteworthy points of interest, Riviera represents one of Azizi Developments’ most coveted projects.

Also a popular choice among foreign investors was Creek Views I, overlooking Dubai Healthcare City and boasting stunning panoramic views of the iconic Dubai Creek and the picturesque Downtown Dubai skyline. Situated on Al Khail Road, 7 minutes away from Dubai International Airport, 8 minutes from Dubai Mall and 9 minutes from Business Bay and DIFC, the development has all major business, leisure and retail hubs in its vicinity. Positioned as the epicentre of the future, merging views of both the old and new Dubai, Creek Views I represents the city’s remarkable transition from a traditional, iconic past to a contemporary, reinvented future. Built to offer modern luxury at its finest, Creek Views I will feature an all-inclusive health club, comprising a swimming pool, a fully equipped gym, a sauna, a steam room, as well as a serene outdoor yoga space.

About Azizi Developments:

Azizi Developments is a leading developer based in Dubai, UAE. With tens of thousands of homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai’s most sought-after residential destinations, its construction-driven approach, and its commitment to transparency and customer centricity. Azizi’s residential and commercial properties are investor friendly, catering to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalysing the vision and development of the markets that it operates in. 

Azizi currently has approximately 100 ongoing projects that are to be delivered between 2020 and 2023, and an additional 100+ projects in planning, worth several billion US dollars, that are projected to be delivered between 2023 and 2025. The company has a strong track record and sizeable project pipeline through its extensive land bank and strategic partnerships with Dubai’s key master developers and is instrumental in developing world-class properties in MBR City, Palm Jumeirah, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.