−28% Azizi Developments
A high-volume mid-market developer with a very large pipeline, concentrated in Al Furjan, Dubai South, Meydan and along the canal.
67 lots in stock across 51 projects. Of the 62 with a known status: 33 ready, 29 under construction. By median price — 125th of 152.
- Lowest entry prices
- Yield-driven purchases
- Payment plans over capital
Median price $348K AED 1,276,500
Entry price $141K AED 516,000 — the cheapest lot
Per square foot $511 AED 1,876 / sq.ft, median
Completed stock 53% 17 lots discounted, deepest −28%
Where they build
The districts where this developer has the most lots in our stock.
Meydan 26 Dubai South 17 Al Furjan 9 Dubai Sports City 2 Dubai Marina 2
The company in brief
Checkable facts about the developer itself. Unlike the figures above, these are not about our stock and do not move with what happens to be listed today.
- Founded
- 2007; private
- Founder
- Mirwais Azizi, an Afghan businessman
- Group
- Azizi Group — also finance, energy and trade
- Portfolio
- 200+ completed projects; the Dubai pipeline is put at $12.3bn
- Delivery plan
- 10,000 units targeted for 2025 and 31,000 more by 2028 — a pace worth tracking on its own
- Record project
- Burj Azizi on Sheikh Zayed Road: 131 floors, 725 m, the second-tallest residential tower in the world
- Expansion
- Entries into Europe, Australia and the US announced in 2025
- Awards
- Best Community Developer 2024 and Top Contributing Developer 2024 from the Land Department
What kind of developer this is
Volume at the bottom of the market
Azizi builds a great deal of mid-market housing quickly and cheaply, and there is a legitimate market for exactly that: tenants need somewhere to live at the rent they can pay, and landlords need a unit whose price makes that rent a decent yield. On those terms the product works.
The Riviera development in Meydan is the largest single expression of it — a very long run of mid-rise blocks along the canal, sold in phases over years. The scale is the strategy.
What you are trading away
Finish and specification are at the bottom of the delivered range, and common areas in the older buildings have not aged well. In practice that means higher turnover of tenants, more maintenance calls, and a resale market that prices your unit against every identical unit in the same block.
None of that is a reason not to buy — it is a reason to underwrite the yield honestly, with a realistic void allowance and a maintenance line, rather than off the gross figure in the launch deck.
How to buy from them safely
Prefer completed or near-completed stock over a fresh launch. The discount for buying early does not compensate for the delivery risk on this developer’s balance sheet, and completed Azizi units regularly appear on the resale market at prices close to the off-plan list.
If you do buy off-plan, verify the escrow and the RERA construction percentage yourself. Those are public and they are the only numbers in the conversation that are not marketing.
Projects by Azizi Developments
All projects →
Azizi CentralAl Furjan
Azizi GrandSports City
Azizi IrisAl Furjan
Azizi Milan 55Azizi Milan
Azizi NeilaAl Furjan
Azizi PlazaAl Furjan
Azizi Riviera 10Azizi Riviera
Azizi Riviera 11Azizi Riviera
Azizi Riviera 13Azizi Riviera
Azizi Riviera 38Azizi Riviera
Azizi Riviera 45Azizi Riviera
Azizi Riviera 65Azizi Riviera
Azizi Developments listings in stock
All stock → −28% 
Illustrative photo −22% 
Photo of the community −21% −17% 
−16% −15% Park Avenue III (Azizi Greenfield) Meydan · 2 BR · Apartment 1,699,999 AED 1,999,999
Ask about lot NP4-198784
Illustrative photo −12% 
−10% Illustrative photo −10% 
Photo of the community −10% 
−9% 
Illustrative photo −8% How Azizi Developments looks in the market's transactions
Revenue 7.5
AED bn, January–July 2026
Transactions 8,411 over the same period
Average ticket 0.9 AED m · market 2.4
More transactions than anyone else in the city — 8,411 over seven months. Revenue is only AED 7.5bn against that: the average ticket is around AED 0.9m, six times below the leader by money. The reason is segment — 8,095 of the 8,411 deals, 96%, were on homes under AED 2m. This is Dubai’s most mass-market construction, and first place on any list ranked by count says exactly that, not that the product is premium.
The average ticket and the segment shares are our own arithmetic on the revenue and the transaction count — the source summaries do not carry them. Transaction data for January–July 2026 (the top ten developers together: 36,808 transactions worth AED 86.8bn), checked 24 August 2026. This is the whole market, not our stock.
Market share: July 2026
What these numbers mean, and what they do not
Lots are matched to Azizi Developments by project name, since the base has no developer field. The numbers above therefore describe our stock rather than the company’s market share: a developer with a large completed portfolio can show fewer lots than one whose buildings are resold more often.
All prices are asking prices, not sales. For the building you pick I pull the registered Land Department transactions and show the prices deals really closed at.
In the news
Azizi Developments: a volume model, and why the programme is the risk
A company running a large number of simultaneous projects in the mid-market. What the volume model implies, how to verify a delivery record, and what density does to achieved rents.
Other developers
All developers → Questions
Azizi Developments: questions and answers
How much does a Azizi Developments apartment cost?
The median across this developer's lots in our stock is $348K (AED 1,276,500), with entry from $141K. The median per square foot is $511. They are drawn from asking prices in our own base and refreshed every night — a picture of current supply rather than of the official price list.
Are there discounts on Azizi Developments property?
Right now the base holds 17 lots from this developer priced below the market, with the deepest cut at 28%. This is not a Azizi Developments promotion: below-market prices come from private sellers on resale or assignment who need a quick exit. An algorithm sets the size of the discount against comparable property; no broker types it in by hand.
Is Azizi Developments a reliable developer?
Founded: 2007; private. Delivered: 200+ completed projects; the Dubai pipeline is put at $12.3bn. The register of the Land Department is the source that matters, not the brochure: it lists the licence, each project’s progress in per cent and the escrow account. On off-plan the buyer’s money sits in that account under RERA control and is paid out as construction stages are verified. The complete dossier is in the write-up above.
What projects is Azizi Developments building?
Our catalogue holds 12 projects by this developer, each with a building passport: storeys, unit count, handover date, the mix of bedrooms. The list is on this page, and the districts where the developer has the most lots in stock are in the “Where they build” block. Under each project sit the lots on sale, where there are any.
Should I buy from Azizi Developments direct or through a broker?
Money-wise there is no difference: on off-plan the broker is paid by Azizi Developments, not by you, so calling the sales office direct saves nothing. What differs is the view — the developer’s sales team sells only its own buildings and will not mention that the same unit costs less next door or that this project hands over later. On resale and assignment the commission is the usual 2% plus VAT.
Is Azizi Developments worth buying
That depends on what you buy and why. Describe the budget and the aim — I will point out which of this developer’s buildings are justified today and which are better left alone.
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