Dubai and Sharjah new builds: AED 3.7bn of construction contracts for La Tilia, Burj Azizi and Sukoon

In mid-April 2026, at the height of the uncertainty after the regional conflict began, three developers announced construction contracts worth a combined AED 3.7bn. The news drew little attention next to headlines about discounts and falling transaction counts, yet for an off-plan buyer it says more than any brochure: a signed main contract is the moment a project turns from a render into a funded site with a programme.

The three contracts

Project	Developer	Contractor	Value	Scope
La Tilia, Villanova (Dubailand)	Dubai Properties	Metac General Contracting	≈ AED 1.1bn	850 townhouses: 500 three-bed, 350 four-bed
Burj Azizi, Sheikh Zayed Road	Azizi Developments	Eversendai	≈ AED 1.1bn	structural steel frame
Sukoon, Sharjah	Sanzen	PTC Contracting	≈ AED 1.5bn	859 villas and townhouses in four phases

La Tilia: townhouses in a lived-in community

La Tilia is a new cluster in Villanova, Dubai Properties' family community in Dubailand; the contract covers phases one and two, 410 and 440 homes. It extends an occupied master plan rather than starting in empty desert, and townhouses remain scarce in a city with hundreds of thousands of apartments under construction. One phase is in our catalogue: La Tilia 2 at Villanova.

Burj Azizi: the hardest of the three

Burj Azizi is planned at about 725 metres, which would make it the world's second-tallest building. For a supertall, the steel frame is the bulk of the above-ground work. As of May 2026 the raft foundation and a nine-level automated basement car park were under way, with around 750 workers on site daily. The developer targets 2028; projects of this scale rarely hold their first date, and some estimates point to 2029–2030. More in Burj Azizi: a 725-metre tower.

Sukoon: Sharjah as the affordable alternative

Sanzen's Sukoon comprises 859 villas and townhouses; the first phase of 241 homes sold out at launch, according to the developer. Sharjah is drawing family buyers priced out of Dubai villas, and in September 2026 Azizi followed with its AED 30bn Azizi Florence master plan there.

What this tells an off-plan buyer

• A signed contract means a funded build. A developer committing a billion dirhams in April 2026 is relying on its own budget and escrow, not future sales.
• The price was fixed before the materials shock deepened. Moody's puts the rise in imported materials at 20–25%, so far absorbed mostly by contractors.
• Ask who the main contractor is and when the contract was signed. No contractor a year after launch is a warning sign.

The developers behind these projects are profiled on the Dubai Properties and Azizi Developments pages.