Dubai welcomes another luxury real estate project


Lucy Ingham
Lucy Ingham
Head of Content
Lucy is Head of Content overseeing all content and taking deep dives into the trends and data driving changes in payments. Previously, Lucy worked as a technology journalist and editor,… Read more
  • A private real estate development company, Azizi Developments, has announced its plans for the Azizi Venice project in Dubai South.
  • Dubai’s luxury real estate market has expanded in the last 10 years, with new luxury complexes redefining modern high-end living.
  • Wealthy individuals looking to purchase a luxury property in Dubai should use a safe and reliable mode of money transfer when making international payments.

Azizi Developments, a private real estate development company based in the UAE, has announced that it is developing a new project in Dubai South named Azizi Venice, which aims to cater to high net-worth individuals (HNWIs).

The project was unveiled at the Coca-Cola Arena in City Walk, with an audience of approximately 10,000 people.

The new project features a floorspace of 24 million square feet and a plot of land spanning 15 million square feet.

The centre of the development will house a temperature-controlled pedestrian boulevard, accompanied by a second opera house and a wide array of unique amenities.

With the design firm AE7 serving as the project consultant, Azizi Developments takes on the role of the main developer, responsible for constructing the roads, buildings and all essential infrastructure. The development can house up to 80,000 people.

Mirwais Azizi, Chairman and Founder of Azizi Developments, expressed his excitement about the project, noting that the luxurious elements of the development are a testament to the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai.

International HNWIs wishing to purchase or rent a luxury property in Dubai should research the best currency exchange rates when completing transactions. 

Azizi Venice will also feature a blue lagoon surrounded by beaches and a range of amenities, including cycling and running tracks, yoga facilities and numerous restaurants and shops.

Azizi also suggested that he hopes his project will add to and create a vibrant community that caters to all his customers’ needs.

One of the highlights of this project is Azizi Opera, a cultural and community event space built to the highest contemporary standards in design and architecture.

Dubai’s luxury real estate and entertainment sector has experienced a boom in the last 10 years, and Azizi Developments’ project will add to this surge.

Azizi Venice features two five-star hotels, a private island hotel, underground parking and other entertainment facilities to cater to HNWIs from across the globe.

Azizi expects the area to receive over 30,000 visitors daily. The project has good travel links to motorways and is in close proximity to Al Maktoum International Airport. It also features a private aviation building that caters to ultra HNWIs.

UK HNWIs wishing to migrate to Dubai should use safe international money transfer options when transferring their funds.

Wealthy individuals looking to move to the region can use our online money transfer comparison tool to find the best exchange rates.

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