Azizi, a developer, is forging ahead with the launch of its ambitious Dh30 billion mixed-use community in Dubai South.

In the midst of the spotlight on Palm Jebel Ali and the sales of ultra-luxury homes in Dubai, Azizi, a developer, is forging ahead with the launch of its ambitious Dh30 billion mixed-use community in Dubai South.

Located in Dubai South, "Azizi Venice" aims to be the most substantial single developer launch to date. This residential community will sprawl over 15 million square feet, with a staggering 24 million square feet of built-up space. The project will feature water bodies throughout, aligning with the Venice theme.

Upon completion, this community will accommodate more than 70,000 residents in approximately 30,000 residences. Construction has already commenced, with sales set to begin on October 3. The pricing for the initial batch of homes will be determined shortly, according to CEO Farhad Azizi.

Azizi highlighted the diverse offerings of the project, including an opera house, a year-round shopping boulevard, a water park, schools, a hospital, and even some office spaces. The project aligns closely with market demands, and buyers are willing to invest in it.

Dubai South has become increasingly popular, offering affordable housing solutions. The area's appeal is bolstered by its proximity to the Al Maktoum International Airport, logistics centers, and commercial hubs, making it attractive to both homeowners and tenants.

Farhad Azizi is committed to expediting the construction process, ideally completing it well before 2027. Despite being three times the size of their previous big community, Riviera, Azizi is confident in maintaining control over all aspects of construction, eliminating the need for multiple phases.

The goal is to meet the rising demand for residential options in Dubai South, with the project set to be completed just in time for this surge in demand if all goes according to plan.

The construction industry in Dubai is expected to thrive with projects like the second Palm and "Venice." While construction costs have been on the rise, initial work on the Venice project is progressing smoothly, and Azizi intends to synchronize project stages with market cycles to ensure timely completion. Farhad Azizi emphasized the importance of not prolonging the project unnecessarily.