Azizi Developments

BRONZE

Founded 2007Dubai, UAE

62
Trust Score

Key Metrics

On-Time Delivery
68%
27 completed projects
Average Delay
8.2mo
when delays occur
Post-Handover Appreciation
3.4%
1-year average
Resale Velocity
58d
median days on market
Payment Flexibility
9/10
score
Total Projects
32
5 active
Financial Strength
MODERATE
outlook
RERA Complaints
HIGH
volume tier

Financial & Regulatory

Leadership
Mirwais Azizi
Chairman/CEO
Financial Strength Tier
MODERATE
Moderate leverage, stable

Flagship Projects

Azizi Riviera

2017

Mina Al Arab

Beachfront, 6,000+ units

Azizi Venice

2018

Mina Al Arab

Waterfront development

Azizi Feroze

2019

Dubai Residence

High-density residential

Azizi Mall

2020

Dubai Residence

Mixed-use development

Payment Plan Examples

Azizi Riviera
1% on signing, 1% monthly for 60 months, balance on handover
Azizi Venice
5% on signing, 2% per month during construction, 40% on handover
Azizi Feroze
0% down, 2.5% monthly for 48 months, 40% on handover

Pros

  • Very flexible payment plans (9/10, highest)
  • Attractive post-handover appreciation (3.4%)
  • Large portfolio with diverse projects
  • Competitive pricing
  • Strong yield-focused segment appeal

Cons

  • Worst delivery record (68%, 8+ month delays)
  • High complaint volume in RERA
  • Slowest resale velocity (58 days)
  • Moderate financial strength concerns
  • Quality consistency issues reported
  • Higher investor risk profile

Best For

  • Yield-focused investors
  • Flexible payment plan seekers
  • Budget segment buyers
  • Value rentals

Avoid If

  • On-time delivery critical
  • Concerned about delays
  • Seeking trophy assets
  • Risk-averse investors

Notable Achievements

  • 20,000+ units delivered
  • Strong Afghan-origin entrepreneurship story
  • Focus on value segment and yield
  • Large-scale project development

Recent News

Feb 10, 2026
Azizi Riviera Phase 3 finally completes; majority handover begins
Jan 5, 2026
Azizi Developments reports financial restructuring; no defaults
Nov 20, 2025
Azizi Venice achieves 60% occupancy despite delays

Specialties

High-yield apartmentsValue segmentLarge projectsFlexible payment

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