Azizi

Introduction to Azizi Developments

Azizi Developments is an active private developer in Dubai’s real estate market, primarily focusing on residential and mixed-use projects with competitive pricing. The company is best known as an investment- and delivery-oriented developer, covering a significant portion of the mid-market buyer segment and international investors.

History and Founder

Azizi was founded in 2007 by Mirowis Azizi, an Afghan entrepreneur, in Dubai. The company began with the goal of developing affordable and accessible projects and quickly established a strong presence across various areas of Dubai through multiple successful developments.

Development and Management Approach

Azizi’s approach emphasizes fast execution, on-time delivery, and project diversity. The company typically invests in areas with stable demand, focusing on units with optimal size, competitive pricing, and acceptable rental yields. Mirowis Azizi continues to play a central role in guiding the company’s strategic direction.

Key and Recent Azizi Projects:

  • Azizi Riviera – Landmark project in MBR City inspired by French lifestyle

  • Azizi Venice – New project centered around canals and leisure living

  • Azizi Mina – Waterfront residential project in Palm Jumeirah

  • Azizi Aura – Modern residential complex in Al Furjan

  • Azizi Pearl – Affordable residential project in Dubai Healthcare City

  • Azizi Grand – Large-scale residential complex in Dubai Sports City

  • Azizi Riviera Beachfront – Riviera’s beachfront development focused on lifestyle

Azizi’s Position in Dubai’s Real Estate Market

Azizi appeals to buyers seeking reasonably priced entry, attractive rental yields, and faster project delivery. The company is classified as a mid-market, volume-oriented developer and is typically suitable for short- to mid-term investors rather than luxury-focused buyers.

FAQs

Can foreigners buy property in Dubai ?

Yes. Foreigners can own 100% of a property in designated areas of Dubai, known as Freehold Areas. This ownership is permanent, and they have the legal right to buy, sell, rent, and transfer the property title.

What is the process of buying property in Dubai ?

The process of buying property in Dubai is transparent and structured. First, a suitable property (ready or under construction) is selected. After agreeing with the seller or developer, the unit is reserved, and a down payment is made.

Next, a formal Sale and Purchase Agreement (SPA) is signed, and the property is registered with the Dubai Land Department (DLD). Finally, after completing the payments, the official property title is transferred to the buyer’s name.

Is it possible to buy property in Dubai on installments ?

Yes. Many projects in Dubai, especially off-plan projects, are offered with installment payment plans and long-term payment terms. These terms vary depending on the developer, project, and delivery time, and may include payments during construction or even after delivery.

What is the minimum property investment required to obtain Dubai residency ?

To obtain a two-year UAE residency visa through property purchase, the minimum property value must be AED 750,000. The property can be either ready or off-plan and must be registered in the applicant’s name.

What is the UAE Golden Residency Visa, and what are its benefits ?

The UAE Golden Residency Visa is a long-term visa valid for 5 or 10 years, with the possibility of renewal. Its key benefits include stable residency, the ability to sponsor family members, no requirement for a local sponsor, and greater freedom in travel as well as long-term life and investment planning.

How much investment is required to obtain the UAE Golden Residency Visa ?

To obtain the Golden Residency Visa through property purchase, the applicant must buy one or more properties with a total value of at least AED 2,000,000. These properties can be either ready or off-plan and must be registered in the applicant’s name.

Can a residency visa be obtained for family members through property purchase in Dubai ?

Yes. By purchasing property and obtaining Dubai residency, it is possible to get residency visas for your spouse and children. Under certain conditions, it is also possible to apply for residency for parents.

What is the property rental tax rate in Dubai ?

In Dubai, there is no tax on rental income and no personal income tax. For this reason, investing in Dubai’s property rental market is attractive to many international investors.

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