Dubai, United Arab Emirates,March 2026: Azizi Developments, a leading private developer in the UAE, has signed a non-binding Memorandum of Understanding (MoU) with Hyprlift, Inc., a US-based innovator in advanced vertical transportation systems, to explore the potential application of ropeless elevator systems within selected Dubai developments.
Under the MoU, the two parties will undertake technical studies, integration planning, and feasibility assessments to evaluate end-to-end requirements from design and installation through testing, commissioning, operations, and ongoing maintenance.
Hyprlift, Inc. specializes in the development of self-propelled, modular, ropeless elevator systems that introduce an alternative approach to vertical transportation, offering greater architectural flexibility, multi-directional movement, increased transport capacity, and more efficient use of building cores.
Commenting on the partnership, Mr. Farhad Azizi, Group CEO of Azizi Group, said: “Innovation is central to our approach. Through this collaboration with Hyprlift, we are exploring elevator systems that could improve performance and comfort, while unlocking new possibilities in building design. This framework supports our focus on infrastructure-led development and long-term value.”
Hyprlift founder and Chief Executive Officer, James Hutchinson, said: “This MoU reflects a shared ambition to rethink vertical mobility and place advanced technology at the heart of modern buildings. Azizi Developments’ interest in our self-propelled, ropeless elevator systems signals a growing recognition that the future of intelligent buildings depends on reimagining how people move within them.”
The initiative reflects Azizi Developments’ ongoing commitment to assessing new building technologies that strengthen operational efficiency, optimize space use, and improve the end-user experience across its growing portfolio of residential and mixed-use developments.
About Azizi Developments:
Azizi Developments is a leading developer based in Dubai, UAE. With more than 45,000 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 and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in.
Azizi currently has around 150,000 units under construction, valued at several tens of billions of US dollars. The company is renowned for developing the world’s second tallest skyscraper, Burj Azizi, as well as the master planned communities of Azizi Riviera, Azizi Venice, and Azizi Milan, among various other world-class projects across MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Al Jaddaf, Dubai South, Dubailand, Al Furjan, Dubai Islands, Studio City, Sports City and Downtown Jebel Ali.
About Hyprlift, Inc.
Hyprlift, Inc. is a U.S.-based engineering and technology company pioneering advanced ropeless elevator systems. Its self-propelled, modular solutions are designed to transform vertical transportation by enabling smarter, more efficient, and more sustainable buildings.
