Azizi Developments Dubai — Buyer Guide

Who they are

Mirwais Azizi was born in 1962 in Laghman Province, Afghanistan, graduated in law from the University of Kabul, and left Afghanistan in 1988, going on to base himself in Dubai. He chairs Azizi Group, which he founded in 1989 with interests spanning realty, banking, investment and hospitality — including Azizi Bank (founded 2006 in Kabul) and the Islamic Bank of Afghanistan. Azizi Developments, the group's dedicated Dubai real-estate arm, was established in 2007 and began selling off-plan, but paused during the 2008 financial crisis when most buyers couldn't keep up with payments — the company returned deposits rather than press ahead, and resumed construction in 2013. It's now led day-to-day by CEO Farhad Azizi, and reports 200+ projects at various stages and a Dubai portfolio valued at over AED 45 billion. Azizi is best known for mid-to-high-end, high-volume residential communities built around swimmable crystal lagoons, with flexible payment structures including post-handover plans, and it continues to deliver actively — on 31 March 2026 alone it handed over 667 residences across two buildings at Azizi Riviera. It's also moving into supertall construction with Burj Azizi on Sheikh Zayed Road.

View all projects

Featured project: Azizi Riviera

Azizi Riviera is the company's flagship waterfront community, styled on the French Riviera and built around a swimmable crystal lagoon, near Meydan One Mall in MBR City. It's planned across 69 residential buildings, with an asset mix mainly of studios and 1- and 2-bedroom apartments. It's an actively delivering project rather than a pure off-plan launch: on 31 March 2026, Azizi handed over 667 residences across two buildings — Riviera 69 (a 10-storey, 112-unit building plus 11 retail outlets, the eighth completed building in Phase 4, which is now 74% complete) and Beachfront I (one of three 20-storey Riviera Beachfront towers, 555 residences from studio to 2-bedroom, directly on the development's 2.7km swimmable lagoon with beach access). Azizi says further buildings are due for handover in the coming months.

Explore project

Featured project: Azizi Venice & Burj Azizi

Azizi Venice is the company's newer and considerably larger waterfront masterplan in Dubai South — planned at over 30,000 residential units across roughly 24 million sq ft, with an AED 30 billion overall value, built around an 18km lagoon and an opera house designed by Zaha Hadid Architects. Sources we've checked disagree on its timeline: one gives handovers starting around Q4 2026, another gives a 2027 completion — we're flagging this rather than picking one. Separately, Azizi is also building Burj Azizi on Sheikh Zayed Road, a planned 725-metre, 140-storey supertall tower targeted for 2029 and described in press coverage as planned to become Dubai's second-tallest tower; in April 2026 Azizi awarded an AED 1.1 billion structural steel contract for the project to Eversendai.

Explore project

All Azizi Developments projects we cover

Azizi Venice & Burj Azizi Azizi Riviera

What we've verified directly, versus what's public reporting

As with every developer profile on this site, Azizi's company history and the project-level figures above are drawn from independent reporting — Wikipedia, Forbes Middle East, TradeArabia/Zawya/Middle East Construction News coverage of the 31 March 2026 Riviera handover, and general developer-overview coverage — not fabricated or assumed. Where sources disagreed (Azizi Venice's handover timeline), we've flagged it rather than silently picking one. We also couldn't independently confirm Azizi Developments' own website domain from a source we could verify, so we haven't linked to one here — ask us and we'll confirm Azizi's current contact details directly. We haven't yet been sent current pricing lists, floor plans or brochures directly from Azizi or a channel partner for any specific project. We're told real inventory and launch material for Azizi is on its way, and this page will be upgraded with it the same way we've upgraded other developer pages on this site once genuine documents are sent directly.

Common questions

Azizi Developments — FAQ

Azizi Developments was established in 2007 by Mirwais Azizi, chairman of the wider Azizi Group (founded 1989). It's worth knowing that Azizi paused off-plan sales during the 2008 financial crisis and returned buyers' deposits rather than press ahead when most couldn't keep up payments, then resumed construction in 2013. Today it reports 200+ projects at various stages and a Dubai portfolio valued at over AED 45 billion, with active ongoing handovers (667 residences handed over at Azizi Riviera on 31 March 2026 alone). As with any developer, check a specific project's registration, escrow status and construction progress individually.

Azizi Riviera, its flagship Meydan (MBR City) waterfront community built around a swimmable crystal lagoon, with 69 planned residential buildings, mostly studios and 1- and 2-bedroom apartments, near Meydan One Mall. More recently, it's also known for Azizi Venice in Dubai South — a planned 30,000+ unit, AED 30 billion waterfront masterplan with an 18km lagoon and a Zaha Hadid Architects-designed opera house — and for Burj Azizi, a planned 725-metre, 140-storey supertall tower on Sheikh Zayed Road targeted for 2029.

Yes, per Mirwais Azizi's own public biography. The company began selling off-plan in Dubai, but paused during the 2008 financial crisis when most buyers couldn't keep up with payments, and returned deposits rather than continue. Construction resumed in 2013. It's worth knowing as part of the company's history, though it's now a well-established, actively delivering developer with recent, dated handovers.

Ask about a Azizi Developments project

Azizi Developments: the swimmable-lagoon developer behind Riviera and Venice