Daily Newsletter

04 October 2023

Daily Newsletter

04 October 2023

Azizi begins construction on new community in Dubai South

The development will see the construction of Dubai's second opera, Azizi Opera.

Property developer Azizi Developments has celebrated the ground-breaking of its luxury waterfront community in Dubai South, United Arab Emirates (UAE).

Named Azizi Venice, this high-end, mixed-use development will feature 24 million square feet of floor area, as reported in a press release via Zawya.

The commencement of construction follows days after the company unveiled plans for the new community.

The property will include more than 30,000 housing units over 100 mid-rise apartment developments and more than 400 luxury villas and mansions.

The site will offer amenities including an 8km-long cycling and running track, sports and yoga opportunities and a temperature-controlled promenade with restaurants and retailers.

The development will comprise two five-star and one four-star hotel, a full-service hospital and schools.

The project will also see the development of Dubai’s second opera house, Azizi Opera, located at the promenade’s centre and designed to the latest design and architectural standards.

UAE-based multidisciplinary designer AE7 has been working as the consultant for this project.

Azizi Developments founder and chair Mirwais Azizi stated: “Our plan is that Azizi Venice will become a thriving residential community, a landmark tourist destination and a unique architectural product that will shape the future of healthy lifestyle and sustainable living.”

The project will form part of Dubai South's Golf District.

Investment in the infrastructure and energy & utilities sectors remains a major driver of overall construction growth

Infrastructure and Energy & Utilities sectors expanded in 2020 despite COVID-19 disruptions, which reflected the efforts by governments and public institutions to accelerate investment to stimulate activity. The recovery from the pandemic and the easing of restrictions allowed the resumption of work on major projects in 2021, and growth is set to remain strong in the coming years, particularly given major investment programs in the US and China.

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