Tag Archives: Azizi

Azizi plans to invest AED 60billion adding 20k new keys to Dubai’s hotel inventory over the next five years

Azizi plans to invest up to AED 60 billion over the next five years, adding close to 20,000 new keys to Dubai’s hotel stock through the launch of 50 upmarket luxury hotels and resorts and an ultra-luxury, seven-star hotel in Dubai, operated by Azizi Hospitality. Azizi Developments recently announced the start of construction of its tower on Sheikh Zayed Road, soon to be the second tallest skyscraper, which will feature a vertical mall, luxury residences and opulent penthouses, a seven-star hotel, a one-of-its-kind observation deck, and numerous high-end F&B options, among other unique and exciting features and amenities. Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.

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Azizi to develop second tallest tower  with 7 star hotel and vertical mall by 2028

Azizi Developments 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. 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.

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