Azizi inks masterplan consultancy deal to develop its $5.4bn mixed-use project

By Arya M Nair, Official Reporter
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Azizi_KEO deal
Mr. Gregory Karpinsk & Mr. Mirwais Azizi at agreement signing ceremony

Azizi Developments, the UAE’s leading private developer, has signed an agreement with KEO International Consultants for the masterplan consultancy of its recently acquired 15-million-sq-ft plot of land within the prestigious Golf District in the rapidly growing Dubai South.

Under the agreement, Azizi will be the master developer, in charge of constructing the buildings, roads and all infrastructure of the mega $5.4 billion mixed-use development that will feature luxury villas, residences, commercial and entertainment space.

The newly acquired land is strategically positioned in the emirate’s growth corridor, with Dubai speedily expanding towards the south.

Situated alongside Emirates Road (E611), built to link the emirates together while also providing convenient access points to Dubai’s other major highways and various points of interest, the plot of land is among the best connected in the southern part of the emirate.

With just a five-minute drive to the Al Maktoum International Airport, also known as Dubai World Central (DWC), and a few minutes away from the VIP Terminal, but without any air traffic above it, the land is outstandingly well positioned for a luxury community to be developed.

A key highlight of the project will be a one-of-its-kind 2-km-long air-conditioned, glass-covered, pedestrian-friendly boulevard which will have shopping areas, commercial space and movie theatres as well as restaurants featuring a wide range of the world’s cuisines in addition to other nightlife options.

With a total gross floor area (GFA) of 24 million sq ft, the project comprises kids’ play areas and ample underground car parking, it stated.

Mirwais Azizi_Azizi_KEO partnership
Mirwais Azizi
Founder & Chairman
Azizi Developments

“We are delighted to have KEO on board for the masterplan consultancy of our next flagship project in the highly growth-inclined Dubai South. We now embark on this new, exciting master development journey, which is an integral part of the next era of our growth trajectory and that of Dubai, with the renowned KEO consultants by our side.”

As per the masterplan, many of the community’s residences and three- to five-star hotels will have direct access not only to the boulevard, but also to its large swimmable crystal lagoon with 3 km of beach-like shores and distinctive water features, and its vast parks with abundant greenery, he noted.

Moreover, with the project being an entire well-thought-through city, it will also feature schools, its hospital, cycling and jogging tracks, and all that residents and visitors could wish for to cover their convenience, leisure, health, and well-being needs, said the officials on the occasion, he added.

“As we move into 2023 and with KEO’s long outstanding presence in the market and impressive track record in supporting major developments in the region, we are very excited to partner with the leading private developer in the market, Azizi Developments, and are confident that together, we will make a real difference in our value proposition and support the market needs with high-quality projects,” said Mr. Sameer Daoud Managing Director Infrastructure of KEO.

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