Azizi Developments begins building a USD 1.5 billion skyscraper.

Facebook
Twitter
LinkedIn
Azizi Tower, Azizi Developments second tallest tower located on prime plot of land on Dubai’s Sheikh Zayed Road. Image Courtesy- Azizi Developments
Azizi Tower, Azizi Developments second tallest tower located on prime plot of land on Dubai’s Sheikh Zayed Road. Image Courtesy- Azizi Developments

Azizi Developments, a leading private developer in the UAE, has launched the construction of the second tallest tower, worth USD 1.5bn, located on prime plot of land on Dubai’s Sheikh Zayed Road. Scheduled to be completed within 4 years, the tower will feature a vertical mall, luxury residences and opulent penthouses, a 7-star hotel, a one-of-its-kind observation deck, and numerous high-end F&B options, among other unique and exciting features and amenities.

The date of the official ground-breaking ceremony will be announced later.

Azizi Developments logo

Commenting on this milestone announcement, Mr. Mirwais Azizi, Founder and Chairman of Azizi Developments, said: “Today is a special day as we finally break ground on one of my dream projects in Dubai. While the formal ceremony will be held later, I am delighted to be marking this occasion with our own team at Azizi – a team that will be building this iconic tower.”

“This tower will be our legacy. With Dubai having given my family and I so much – safety and abundance of opportunities – this tower, which will be the second tallest, is our way of giving back to this emirate and its remarkably hospitable and welcoming people.”, he continued. 

Source

Share.

RELATED POSTS

Seef Properties has formed a strategic partnership with Saudi-based investment company, Majd Investment Company to work on a mixed-use project in Dammam. Image courtesy: Seef
Seef Properties And Majd Investment Company Forges Strategic Alliance
Binghatti Holding Ltd reported record financial results for the first half of 2025. Image: Courtesy Binghatti Holding Ltd
Binghatti Holding Prices USD 5mn Reg S 3-year Inaugural Green sukuk
Raimondo Amabile, Co-CEO and Global CIO at PGIM Real Estate and H.E. Badr Al-Olama, DG of ADIO. Image Courtesy: ADIO
ADIO Collaborates with PGIM to Launch New Innovation Center RealAssetX in Abu Dhabi

LATEST POSTS

Binghatti Developers, and Mercedes-Benz, the world-renowned luxury automotive brand, have announced the launch of Mercedes-Benz Places – Binghatti City. image courtesy: Binghatti
Merchant Cloud is being made available through a payment orchestration platform in the Middle East and Africa region, expanding access to Mastercard’s Gateway. image courtesy: Mastercard
Peter Gollogly, Regional Director, Skybound Wealth. Image Courtesy: Skybound Wealth
TECOM Group the creator of specialised business districts and vibrant communities in Dubai, has launched Phase 4 of Innovation Hub in Dubai Internet City to address rising demand for Grade-A office spaces from global multinational companies in vital, future-focused economic sectors. Image courtesy: TECOM Group