Azizi Developments, a Dubai-based Real Estate Developer, has officially announced the construction of a new skyscraper that is projected to become the second-tallest building in the world. CEO Farhad Azizi confirmed this news in a recent tweet, expressing pride in this groundbreaking achievement for the company.
Details Awaited: Name, Height, and Unit Mix of the Tower
Although specific details regarding the Tower’s name, height, and unit mix have not been disclosed, Farhad Azizi mentioned that the tower will embody the Azizi Developments brand. Further updates are expected to reveal more information about this ambitious project.
Tower Location and Significance for Azizi Developments
The new tower will be constructed at a prime location on Sheikh Zayed Road, one of Dubai’s prominent areas. This landmark project holds great significance for Azizi Developments as it signifies their growth from humble origins in Afghanistan to a leading real estate brand.
Stepping Beyond Dubai: Aiming to Surpass Merdeka 118 in Kuala Lumpur
Initially planned as the second-tallest tower in Dubai, the project’s scope has now expanded to become the second-tallest building in the world. With a potential height surpassing Malaysia’s Merdeka 118, this skyscraper will aim to claim the prestigious title as the second-tallest globally.
Azizi Developments: A Leading Real Estate Developer in Dubai
Azizi Developments is a prominent Real Estate Developer based in Dubai, renowned for its approximately 100 ongoing projects scheduled for delivery this year and a robust pipeline of future projects. The company achieved impressive sales of over 6,000 units amounting to Dh5.6 billion last year, establishing its strong presence in the real estate market.
Commitment to Corporate Social Responsibility and Giving Back to the Community
In addition to its real estate endeavours, Azizi Developments takes pride in its corporate social responsibility initiatives. The company recently pledged Dh100 million to the ‘1 Billion Meals Endowment’ launched by Sheikh Mohammed bin Rashid Al Maktoum, demonstrating its commitment to giving back to the community.
World’s Top 10 Tallest Towers: An Impressive Lineup
As the construction of the new tower in Dubai commences, it joins the ranks of the world’s tallest towers. The current top 10 list includes renowned structures like the Burj Khalifa, Merdeka 118, Shanghai Tower, and more, highlighting the Global competition for Architectural Excellence and Vertical marvels.
