Steady rise

It is over the last three years, and particularly in the last year, that Azizi Developers acquired such a high-profile. This was built around two “mini-cities” — the Riviera and Victoria — that it announced for Mohammad bin Rashid City. And the profile was consolidated when news came out that it had acquired two plots on Shaikh Zayed Road, one of which would be a twin-tower near Safa Park and the Dubai Canal.

But the developer had been active in the years before 2016, with a slew of smaller projects in Dubailand and Jumeirah Village. Then came the announcements that it would start work on the Palm and Dubai Healthcare City. These launches along with an aggressive sales strategy made it among the Top 3 off-plan sellers, if not the number one, in Dubai during 2017.

But by the mid-2018 point, Azizi was reworking its build strategy to be more in sync with market conditions, with off-plan sales dropping significantly. As with other developers, Azizi started placing more emphasis on existing projects.

Recently, it gave a road map of handed over projects and those it plans to deliver from now until 2025, including detailed construction timelines, to the Dubai Land Department.