Azizi Developments' Azizi Venice reaches 36% construction milestone
Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has announced that construction across the first buildings released at Azizi Venice, its mixed-use community in the rapidly growing Dubai South, has reached 36% completion. Set entirely on a swimmable crystal blue body of water that is one of the largest lagoons of its kind in the world, the project is progressing swiftly, with additional releases planned for the coming weeks.
Residences in the first phase are advancing quickly. Azizi Venice 3, scheduled for completion in Q4 2025, is 55% complete, with its structure fully constructed. Azizi Venice 1 and 2, scheduled for handover in Q1 of 2026, stand at 49% and 37% respectively, with their structures already complete and finishing work well underway. Meanwhile, Azizi Venice 4 and 5 have reached 36% and 28%, while Azizi Venice 8 and 9 are at 25% and 23%, all on track for their Q2 2026 delivery.
Mr. Farhad Azizi, Group CEO of the Azizi group of companies, said: 'The pace of development at Azizi Venice has been outstanding - we are proud to see our vision steadily taking form. With over 10,000 dedicated workers on site and the diligent support of our partners, we are building more than just homes — we are creating a transformative lifestyle destination. Azizi Venice is set to become one of Dubai's most iconic communities, setting new standards for waterfront living and cultural sophistication.'
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.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
27 minutes ago
- Khaleej Times
Virtual companions, chatbot-therapists: Is AI replacing human connections?
I was listening to the radio on my way to work when a well-known RJ on one of the channels here in the UAE mentioned how she couldn't sleep the previous night, so she chatted with ChatGPT until she finally drifted off. The point of mentioning this isn't to debate insomnia remedies (as the show did), but to highlight something deeper — our growing emotional and cognitive reliance on digital solutions. While social media platforms offer 'free' services quietly shaping our behaviours, the market constantly convinces us we need the latest smartphone, algorithms trap us in filter bubbles, feeding us only what aligns with our existing views. And now, artificial intelligence (AI) chatbots and virtual companions are being designed to fulfill human desires, companionship, validation, and even therapy. Yet as a society, we are experiencing a disconnect like never before. The question is no longer just whether technology is replacing human connection, but how much of our emotional lives we are willing to outsource. As loneliness surges, so do our efforts to fight it. It's instinct. With digital platforms around us so much of the time, we naturally turn to it. A 46-year-old woman living in a family-friendly neighbourhood shared her struggle with loneliness on social media. People had plenty of solutions, including making an AI friend. A growing number of AI-powered virtual companions are now available online, offering round-the-clock support without fear of judgment. These digital assistants have become a valuable resource for individuals hesitant to share their emotions and concerns with others due to social anxiety or fear of criticism. These services aren't just for early adopters anymore, they are going mainstream fast. Among them, Replika has gained significant attention and popularity. Marketed as 'the AI Companion who cares, always here to listen and talk, always on your side', the app's reassuring message has resonated with users. Several reputable news outlets have featured the program as well. Social media apps promote connectivity, but studies show that regular users frequently experience loneliness, indicating that the sense of connection may be superficial. The benefits of AI characters come with significant risks, particularly for adolescents. Emotional dependency on AI can erode real-world social interactions and coping skills, potentially isolating users from familial and communal networks. AI remembers every detail of the conversation and gives the illusion of being a sincere friend, says Dr Jihene Mrabet, a psychologist with academic expertise in AI. She elaborates that these mental health applications are capable of diagnosing psychological issues and even providing coaching advice. 'However, the concern is always about to what extent one can rely on these chatbots, since we don't know who is behind the technology, what their understanding of human psychology is, or how confidentiality is maintained in such interactions. We do not even know if the designers have proper guardrails,' Dr Jihene explains. A Florida mother, Megan Garcia, is holding AI accountable for her 14-year-old son's death. In a lawsuit against the company, Garcia alleges deeply personal AI exchanges contributed to her son's suicide. She's demanding accountability to shield other families from similar devastation. As we increasingly turn to AI for companionship, we must ask: Are we creating a world where technology replaces human connection. And if so, at what cost? Developers, policymakers, and mental health experts must collaborate to enforce ethical safeguards, especially for vulnerable users.
Khaleej Times
43 minutes ago
- Khaleej Times
Eid Al Adha in UAE: Free parking, revised public transport timings; full guide
With a four-day weekend being announced across the UAE for Eid Al Adha this year, residents are flying out and planning activities with their families. Also known as the 'Festival of Sacrifice,' the holiday commemorates the act of faith and is generally a time for prayer, reflection, and generosity. Here's the latest on revised parking and public transport timings across emirates: Abu Dhabi Parking and toll fees are typically free in the capital on Sundays and official holidays. On June 4, the emirate's Integrated Transport Centre (ITC), an affiliate of the Department of Municipalities and Transport, has announced that bus services will operate according to the weekend and public holiday schedule. There are additional trips on regional and intercity routes. The Abu Dhabi Link service will continue to operate as usual, from 6am to 11pm. Meanwhile, the Abu Dhabi Express bus service will be available from 6am until midnight. Dubai Public parking will be free to use from June 5 to 8 in Dubai, the Roads and Transport Authority announced. Multi-level parking terminals will remain a paid service during the holiday. The authority also announced public transport timings for the holiday. Dubai Metro will run from 5am to 1am (next day) from Wednesday, June 4, to Saturday, June 7. Click here for more on Tram and public bus timings. Salik PJSC, Dubai's toll operator, will implement variable road toll pricing on all four days of the Eid El Adha holiday, including Sunday (June 8; third day of Eid al Adha). Sharjah Sharjah has announced free parking from June 6 to June 8 during the Eid Al Adha holiday, the Sharjah Municipality stated on June 4. This exemption does not apply to the seven-day paid public parking zones, which are operational throughout the week and official holidays, and identified by the blue parking information signs. Ajman will offer free public parking from June 5 to 8, with regular fees resuming on June 9.
The National
43 minutes ago
- The National
UAE helped US regulators frame digital asset policy, Circle president says
Stablecoin issuer Circle Internet Group says the UAE has played a vital role in helping US regulators frame digital asset policies, reflecting the growing influence of the Emirates in the global technology stage. The company, which manages the world's second-biggest stablecoin, USDC, raised more than $1 billion at its initial public offering on the New York Stock Exchange on Thursday, reflecting the legitimacy of digital assets and the growing attention they attract from regulators, its president Heath Tarbert told The National. The listing valued the New York City-based Circle at around $6.8 billion after it priced its IPO at $31 per share, well above the projected top range of $27 and $28, making it one of the most prominent crypto firms that has tapped into equity markets. With the emergence of digital asset providers in the markets, regulation becomes more magnified especially in the US, which has banked on fellow forward-looking and tech-oriented nations such as the UAE for policies that would be a standard globally, said Mr Tarbert, who also served as assistant secretary of the US Treasury and chairman of the Commodity Futures Trading Commission. "While people do look to the US, it has been looking elsewhere as well for ideas, given the importance of digital assets and trying to get it right, and they've looked no further than the UAE," he said in an interview. "I would commend … particularly the financial services authorities in Dubai and Abu Dhabi for being at the forefront of this because they've actually helped inform US policymakers … there's a real realisation that stablecoins in particular can do a lot for our financial system." Cryptocurrencies in general are notoriously driven by trends and political developments. US President Donald Trump, arguably the world's biggest backer of crypto, gave an unprecedented boost to the sector – most notably Bitcoin – which scaled multiple highs early in his second term. "Politics can play a role in anything, but it's ultimately fundamental technology that will prevail," Mr Tarbert said, noting that Mr Trump "seeing the importance" of crypto "can also help the US continue to be a leader in technology". A stablecoin is a type of cryptocurrency that is pegged to a fiat currency and tends to be less volatile, unlike Bitcoin and the like, for which swings are influenced by simple factors such as tweets and hype. Unlike legacy financial institutions that require paperwork, approvals and physical branches, stablecoins only require an internet connection and a digital wallet. This removes barriers and allows anyone, anywhere, to send, receive and store money without needing a bank. AE Coin, the first regulated digital currency in the UAE, was granted final approval by local authorities and is scheduled to be launched 'soon'. In April, Abu Dhabi entities IHC, ADQ and First Abu Dhabi Bank plan to launch a dirham-backed stablecoin, which will be fully regulated by the UAE Central Bank, aimed at easing payment solutions. Tether, whose USDT is the world's biggest stablecoin, in August received the go-ahead to develop a stablecoin in the UAE. And Circle, which last year incorporated a unit in Abu Dhabi, partnered with Binance in December to incorporate USDC into products that can be used locally. Mr Tarbert said stablecoins will allow users to move in and out of digital assets, in addition to being a store of value globally, helping secure their finances. In particular, the UAE, a major source of remittance outflows, can benefit from their secure nature, he added. "People want to hold things like dollars in particular, but also euros and other currencies in their wallets safely and securely," he said. "The UAE is a major remittance corridor in the world … [stablecoins will provide] that fulcrum between east and west, north and south."
