Question 1

Is Azizi Developments a reliable developer to buy from?

Accepted Answer

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.

Question 2

What is Azizi Developments best known for?

Accepted Answer

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.

Question 3

Did Azizi Developments really pause sales and refund deposits?

Accepted Answer

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.

Azizi Developments projects

Azizi Riviera

Azizi Venice & Burj Azizi