Dubai's Burj Azizi: Sales launch announced for world's second-tallest tower
Dubai's Burj Azizi, the world's second-tallest tower, will be sold in seven cities on February 19.
The private developer Azizi Developments announced on Tuesday that the 725-metre tower will be sold in Dubai (Conrad Hotel), Hong Kong (The Peninsula), London (The Dorchester), Mumbai (JW Marriott Juhu), Singapore (Marina Bay Sands), Sydney (Four Seasons Hotel), and Tokyo (Palace Hotel).
Located on Sheikh Zayed Road, the 131-plus-storey tower will include residential, hotel, retail, and entertainment spaces. It is scheduled for completion by 2028.
'In Dubai and cities around the world, new projects come up every day. However, projects like Burj Azizi happen only once a generation. I feel overjoyed that we celebrate Burj Azizi's journey from conceptualisation to launch,' said Mirwais Azizi, founder and chairman of Azizi Development.
'Burj Azizi is not just a structure; it is a tribute to the emirate's ever-growing prominence on the global stage,' he said.
Dubai's red-hot property market has been witnessing exceptional demand from investors and end-users in the past four years, pushing prices and rentals substantially higher. The luxury and ultra-luxury segment has led this rally.
According to Property Finder, Dubai achieved record-breaking transaction volumes and values, totalling 180,987 transactions worth Dh522.5 billion in 2024, a significant leap of 36.5 per cent in volume and 27.2 per cent in value compared to the previous market peak in 2023. The surge was driven primarily by off-plan sales.
According to Skyscrapercenter's data, Dubai is home to 33 towers taller than 300-plus metres, the highest in the world.
Data showed that of the 100 tallest completed towers globally, Dubai is home to 14 tallest skyscrapers, led by Burj Khalifa, Marina 101, Princess Tower, 23 Marina, Elite Residence, The Address Boulevard, Ciel Tower, Almas Tower, Gevora Hotel, II Primo Tower, JW Marriott Marquis Hotel Tower 1, JW Marriott Marquis Hotel Tower 2, Emirates Tower One, and The Torch.
Azizi Developments claimed that Burj will boast some records, such as the highest hotel lobby on level 111, the highest nightclub on level 126, the highest restaurant on level 122, and the hotel room on level 118. At the top, the building will also house a special museum that will showcase the chronology of the building's evolution, recognising personalities involved through multimedia exhibits, including photos, video and graphics.
It will house one-, two- and three-bedroom apartments. For every 20 floors of residences, an amenity floor is planned, consisting of swimming pools with sauna and steam room, a gym and yoga centre, a spa, a games room including billiards, chess and ping-pong, a business centre, a kids' play area, a cinema, a restaurant and coffee shop, and a supermarket.
Azizi claimed that the project would also house an all-suite 7-star hotel inspired by seven cultural themes: Arabic, Chinese, Persian, Indian, Turkish, French, and Russian.
'Burj Azizi has been a dream of mine for many years. It has been a tough challenge, having taken much tireless work by experts from around the world. But I am happy to announce that the dream is now on the path to realisation,' he added.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Zawya
2 days ago
- Zawya
Azizi Developments partners with UAE-based Prime Air Conditioning for advanced ventilation solutions
Dubai, UAE: Azizi Developments, a leading private developer in the UAE, has announced a new agreement with Prime Air Conditioning, a prominent local provider of HVAC solutions. Under this collaboration, Prime Air Conditioning will supply advanced smoke and ventilation fans across Azizi's projects in Dubai South, Dubai Healthcare City, Dubai Sports City, and Al Furjan, including Venice, Creek Views III, Grand, and Central. Headquartered in the UAE, Prime Air Conditioning brings over two decades of expertise to the sector. The company serves a diverse portfolio of landmark developments across the region, delivering precision-engineered smoke extraction and airflow control systems. Supported by a highly skilled team of engineers and technicians, it continues to set benchmarks for safety, sustainability, and performance-driven design. Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: 'We are pleased to join forces with Prime Air Conditioning, a homegrown leader that reflects the excellence and forward-thinking approach of our local manufacturing and supply sectors. As we continue to raise the benchmark in real estate development, this partnership strengthens our commitment to adopting reliable, efficient, and safe practices tailored to our region's unique needs." Azizi Venice will comprise more than 36,000 residential units across 100+ apartment complexes and over 109 ultra-luxury mansions. Azizi Developments is taking on the role of master developer, in charge of constructing the buildings, roads, and all the infrastructure. Centered around a vast, crystal-blue lagoon that encircles its condominiums, villas, and mansions, Azizi Venice provides a picturesque setting for leisure, retail, and commercial spaces. The turquoise, desalinated waters are bordered by sandy beaches, an 8 km-long cycling and jogging track, yoga and sports facilities, and a vibrant promenade featuring a variety of artisan eateries and boutiques. The area is enhanced by leafy, dense, and beautifully manicured greenery, creating a serene and inviting atmosphere throughout. A major attraction to be developed within Azizi Venice is The Cultural District in Dubai South, which will incorporate a collection of iconic facilities, including an opera house, theatre, exhibition hall, and performing arts academy. Built to mirror Dubai's dynamic and diverse cultural scene, the project is poised to attract creatives from around the globe. Seamlessly merging art and culture, the upcoming district will be a lively hub, enhancing the lives of Dubai South residents and visitors through a range of engaging activities and experiences. Azizi Venice's stunning array of venues is set to elevate the emirate's arts landscape. At its core is a 2,500-seat opera house showcasing an innovative, futuristic structure by Zaha Hadid Architects with advanced acoustic and visual technology to guarantee an unparalleled artistic experience. A more intimate 400-seat theatre provides a versatile space for drama, comedy, art workshops, and smaller performances. Further enriching the district's offerings is a spacious exhibition hall that can accommodate up to 2,000 people. Intended to present a range of local and international exhibitions, this flexible area is ideal for everything from paintings and sculptures to cutting-edge digital art. Recognizing the importance of nurturing future talent, the district will also house a dedicated performing arts academy, which will play a vital role in refining the skills of the next generation of artists ready to leave their mark on the UAE's exciting cultural scene. This opulent development will also integrate a pedestrian-friendly space that remains open-air in the winter and transforms into a glass-covered, temperature-controlled area during the summer, ensuring year-round comfort. Lined with three-storey buildings, it will host leading global retailers, nightlife, entertainment options, and a broad selection of international culinary options, establishing itself as a unique destination on Dubai's map of outstanding sights. A prime tourist attraction and high-end local hotspot, Azizi Venice is set to welcome over 30,000 visitors each day. It will feature two Azizi-owned and operated five-star hotels at its main entrances, along with a boutique hotel situated on an island in the center of the lagoon. An ample number of underground parking spaces will be built to ensure convenient access to Azizi Boulevard and Azizi Opera for all guests. Azizi Venice will have its own full-service hospital, kindergarten, schools for grades 1 to high school, and a 4 km-long aesthetically designed and landscaped main road that will be flanked by additional dining and shopping options. Moreover, the development will have a strong focus on children, with a wide range of amenities specifically for them, and numerous safe areas where they can roam and play freely. The site will boast several stunning lighting features on building façades and beyond, as well as musical and dancing water fountains that will add a festive night-time feel to the lagoon, the boulevard, and the opera. Further to this, Azizi Boulevard and the neighborhood as a whole will be extravagantly decorated in theme for each season, holiday, and festivity of the year, adding to its popularity as one of the most interesting points of interest in the UAE. Azizi Developments' Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road. About Azizi Developments Azizi Developments is a leading developer based in Dubai, UAE. With more than 40,000 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. 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 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 and an AED 2.5 billion opera, which is its gift to the city, as part of its cultural district at Azizi Venice. Azizi 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, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, Dubailand, Al Furjan, Studio City, Sports City and Downtown Jebel Ali. For further information about Azizi Developments, please contact: Tizian H. G. Raab Head of PR & Communications and Advisor to the Group CEO Email: tizian@

Economy ME
2 days ago
- Economy ME
Dubai real estate: Strategic investment hotspots emerge as market posts historic $18.19 billion transactions in May 2025
Dubai's real estate market posted yet another month of record-breaking activity, with sales transactions reaching AED66.8 billion ($18.19 billion) across 18,700 deals last month. In its May 2025 report, Property Finder revealed that this historic achievement represents a staggering 44 percent year-over-year surge in transaction value and a solid 6 percent increase in volume, signaling robust market confidence and sustained investor appetite for Dubai properties. 'Just when we thought April was Dubai's most significant month in terms of transaction value at AED62.1 billion, May eclipsed this with AED66.8 billion in transaction value. This underscores the sustainability of the trends driving current growth,' stated Cherif Sleiman, chief revenue officer at Property Finder. Primary ready sales surge 314 percent The historic performance of Dubai's real estate market was driven by strong growth in ready transactions for both primary and secondary segments. Primary ready sales more than quadrupled compared to May 2024, reaching AED17.9 billion. This represented a 314 percent increase in value across 2,400 transactions and a 145 percent growth. Secondary ready sales also reached a new peak, with 6,078 transactions worth AED24 billion, representing 8 percent and 21 percent year-over-year growth in volume and value, respectively, underscoring strong and sustained demand in the resale market. 'Dubai continues to lead real estate innovation by example, as evidenced by the recent launch of the region's first licensed tokenized property investment platform by Dubai Land Department. With the remarkable growth in population this year, welcoming nearly 1,000 new residents each day, double that of last year's daily visitor arrivals, demand for housing is poised to reach peak levels,' added Sleiman. The primary market continued to dominate in May 2025. Overall, primary ready and off-plan sales skyrocketed, rising by 65 percent year-over-year to reach AED37 billion. Meanwhile, the secondary sales market set a new record in May 2025, with AED29 billion in transaction value and 8,471 transactions, up 23 percent and 15 percent year-over-year, respectively. 'Against this backdrop, the real estate market is enjoying positive momentum, fuelled by digital transformation, international investor appetite, and a surge in demand for premium living,' added Sleiman. Strategic investment hotspots emerge Across Dubai's real estate market, key investment areas emerged last month. Business Bay emerged as a premium investment magnet, capturing 5 percent of total primary transaction value despite representing only 3 percent of volume, indicating high-value, sophisticated investment activity. Meanwhile, Al Barsha demonstrated broad market appeal, accounting for 2 percent of total value while commanding 5 percent of transaction volume, showcasing strong demand across price points. A notable AED1.5 billion land transaction in Palm Deira further underscored institutional confidence in Dubai's long-term growth trajectory, bolstered by strong resale activity in key communities such as Business Bay, Al Barsha and Wadi Al Safa 3. 'Real estate leaders who participated in Property Finder's recent roundtable are confident of transaction activity picking up throughout 2025, buoyed by unprecedented interest from international investors, alongside a strong off-plan performance and vibrant luxury resale activity. These trends speak to the city's enduring appeal and resilience, even amid global uncertainty. As Dubai shapes the future of real estate, Property Finder remains committed to empowering buyers and investors with the insights they need to move with confidence,' Sleiman added. Read: Dubai launches world's first property token ownership certificate, drawing global investor surge Apartments dominate demand Consumer preferences have remained steady for the past year, with apartments dominating demand from home seekers, representing 78 percent of rental searches and 60 percent of buyer interest. While studios attracted 21 percent of rental searches and only 15 percent of purchase interest, one-bedroom units commanded 35 percent of purchase searches and 38 percent of rental searches. This imbalance could potentially suggest that while studios are more attractive for budget-conscious renters, buyers tend to prioritize larger units due to perceived long-term value, livability or investment potential.


Zawya
5 days ago
- Zawya
Dubai's Deyaar to launch 110-storey residential tower in Business Bay
Deyaar Development is set to launch a 110-storey residential tower in Business Bay, according to a project brochure released by the developer. 'Rising 110 floors, DWTN Residences is a landmark destination where life's finest experiences converge,' the Dubai-listed developer said in an emailed brochure. 'The tower will offer 180-degree views and over 75,000 square feet (sq ft) of unparalleled facilities and amenities,' the brochure said. The developer is currently gauging the interest from real estate agents and buyers for one-, two-, and three-bedroom apartments. No details were given on the launch date or costs. In January 2025, Refine Development Management said its investment and development arm will launch a 100-storey twin-tower lifestyle development on Sheikh Zayed Road this year. Last year, three developers launched mega-tall towers in Dubai. In January 2024, Danube Properties unveiled Bayz101, a 101-floor tower in Business Bay. Select Group launched its 122-storey Six Senses Residences Dubai Marina in April, followed by Azizi Developments launching the 131-storey Burj Azizi in September. In November 2022, Binghatti and Jacob & Co. launched the over 100-storey Burj Binghatti Jacob & Co Residences. Dubai is already home to the 828-meter Burj Khalifa, the tallest building in the world. Additionally, the emirate hosts five of top 10 tallest residential buildings in the world - the101-storey Marina 101 tower; 101-storey Princess Tower; 88-storey 23 Marina; 91-storey Elite Residence and 80-storey The Torch, all located in Dubai Marina. (Editing by Anoop Menon) (