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Home Sector Real Estate Azizi Developments starts construction of $1.5 billion Dubai tower, potentially the world’s second tallest

Azizi Developments starts construction of $1.5 billion Dubai tower, potentially the world’s second tallest

Tower development to reach completion in 4-year timeframe
Azizi Developments starts construction of $1.5 billion Dubai tower, potentially the world’s second tallest
Burj Azizi (Poto Credit: Azizi Developments)

Azizi Developments, a prominent private developer in the UAE, announced today the commencement of construction for the potentially second tallest tower. The project, valued at $1.5 billion, will be situated on a prime plot of land along Dubai’s Sheikh Zayed Road.

The tower, set to finish construction in a span of 4 years, will offer an array of distinctive and captivating attractions. These include a vertical mall, lavish residential units and extravagant penthouses, a prestigious 7-star hotel, an unparalleled observation deck, and a variety of upscale dining options. Alongside these, the tower will showcase numerous other exceptional features and amenities, ensuring an unparalleled experience for its visitors.

The specifics regarding the official ground-breaking ceremony will be disclosed at a later date.

Read more: Azizi developments launches Azizi Venice in Dubai South

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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