16 Dhu al-Hijjah 1445 - 23 June 2024
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Eye of Riyadh
Business & Money | Sunday 9 June, 2024 8:46 am |

Azizi Developments hits 61% sales for Azizi Venice

Azizi Developments, a leading private developer in the UAE, has announced having sold more than 61% of the units across its released buildings in its luxury mixed-use development, Azizi Venice, located in Dubai South. 


Azizi Venice will comprise more than 30,000 residential units across approximately 100 apartment complexes, and over 400 luxury villas and mansions. Azizi Developments is taking on the role of master developer, constructing the buildings, roads, and all the infrastructure.


Of the total 116 nationalities who purchased units in Venice so far, buyers from the United Arab Emirates made up the largest demographic, followed by investors from the GCC, Europe, UK, India, Pakistan, and more. 


Mr. Farhad Azizi, Chief Executive Officer of Azizi Developments, said: “We are thrilled with the impressive sales results at Azizi Venice, reflecting the outstanding appeal of this stunning community. This swift achievement highlights the vibrant expansion of Dubai's real estate market, reinforcing its status as a leading global hub for business and tourism. With construction progressing at an exceptional pace, we are dedicated to surpassing expectations and providing unmatched excellence.”


At the heart of Azizi Venice lies its luxurious pedestrian-friendly boulevard, which will be open-air in the winter and glass-covered in the summer to ensure a temperature-controlled space with year-round activity and visitors. Lined with three-storey buildings planned to host the world’s top retailers and brands, nightlife, and entertainment options, as well as eateries that represent a vast number of countries from across the world, Azizi Boulevard will represent a new and unique point of interest on Dubai’s map of outstanding sights.


Another major attraction to be developed within Azizi Venice is Azizi Opera. Located at the heart of the boulevard and built to the highest, most contemporary standards in design and architecture, Azizi Opera will become one of the most notable venues for cultural and community events in Dubai. 


A prime tourist attraction and high-end local hotspot, Azizi Venice is planned to welcome over 30,000 visitors on a daily basis. The opulent community will have its very own two Azizi-owned and operated five-star hotels at the entrances of the community, as well as one boutique hotel located on an island in the middle of the lagoon. A large number of underground parking spaces will be constructed to grant tens of thousands of daily visitors easy access to Azizi Boulevard and Azizi Opera.  


Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.




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