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Tag: Burj Azizi

  • Dubai Dominates UAE with All 10 Tallest Skyscrapers Under Construction

    Dubai Dominates UAE with All 10 Tallest Skyscrapers Under Construction

    Dubai continues to dominate the global skyscraper race with an unprecedented pipeline of supertall towers that will reshape the emirate’s skyline by the end of the decade. According to data from Skyscraper Center released on July 29, 2026, six of the world’s 20 tallest buildings under construction are in Dubai, underscoring the city’s leadership in vertical development.

    The 725-metre Burj Azizi, developed by Azizi Developments on Sheikh Zayed Road, tops the list and is set to become the world’s second-tallest building after the Burj Khalifa when completed in 2028. The mixed-use tower will combine luxury residences, a hotel, offices, retail and observation facilities.

    Binghatti Developers leads the private sector push with multiple entries, including the 595-metre Burj Binghatti Jacob & Co. Residences in Business Bay, expected in 2027, and the 341-metre Mercedes-Benz Places in Meydan, scheduled for 2028. The developer’s partnership strategy with luxury brands reflects Dubai’s focus on attracting ultra-high-net-worth buyers.

    Tiger Properties’ 532-metre Tiger Sky Tower in Business Bay, due in 2029, will feature a unique indoor rainforest attraction alongside luxury residences and a hotel. Select Group’s 517-metre Six Senses Residences Dubai Marina, expected in 2028, will offer wellness-focused living across more than 120 storeys.

    London Gate’s 450-metre Franck Muller Aeternitas Tower in Dubai Marina, targeting 2027 completion, will become the world’s tallest branded residential clock tower, created in partnership with the Swiss luxury watchmaker.

    The remaining towers in the top ten include Binghatti’s 357-metre Skyblade in Downtown Dubai (2029), the 350-metre Trump International Hotel & Tower developed by Dar Global (2031), East & West Properties’ 348-metre Rixos Financial Center Road Dubai Residences (2028), Al Habtoor Group’s 345-metre Al Habtoor Tower overlooking Dubai Water Canal (2027), and the Mercedes-Benz branded tower in Meydan.

    The concentration of luxury-branded developments—featuring partnerships with Jacob & Co., Mercedes-Benz, Franck Muller, Rixos, Six Senses, and the Trump Organization—illustrates Dubai’s strategy of combining real estate with international prestige brands to maximize appeal to global investors.

    Most projects integrate multiple uses including residences, five-star hotels, observation decks, restaurants and retail to maximize land value and tourism appeal. This vertical expansion comes as Dubai residential rents declined 6.2 percent quarter-on-quarter in Q2 2026 following substantial new supply delivery.

    The development pipeline reinforces Dubai’s position as the city with the world’s largest concentration of ultra-tall buildings outside China, with all top ten towers concentrated in prime locations including Business Bay, Dubai Marina, Downtown Dubai, Sheikh Zayed Road and Meydan.

    The completion timeline spans from 2027 to 2031, with the majority of towers scheduled for delivery between 2027 and 2029, adding significant luxury residential and hospitality inventory to a market that recorded 87,800 real estate transactions worth Dh291.7 billion in the first half of 2026.

  • Azizi Developments Launches Dh75 Billion Hospitality Expansion with 151 Hotels

    Azizi Developments Launches Dh75 Billion Hospitality Expansion with 151 Hotels

    The luxury property will rise within the Azizi Riviera community in Mohammed Bin Rashid City, representing the first project in a broader pipeline designed to support the emirate’s tourism ambitions.

    The programme, delivered through Azizi’s dedicated hospitality arm, includes 100 four-star hotels, 50 five-star hotels, and one seven-star property. More than 90% of the portfolio will be located in Dubai.

    Once completed, the developments are expected to add approximately 60,000 room keys to Dubai’s hospitality inventory while generating over 75,000 jobs across the sector. Several hotel projects are already progressing through design, development, and construction stages, with Azizi managing the programme through its in-house capabilities.

    “Dubai has consistently proven itself to be one of the world’s most stable, forward-looking and opportunity-rich destinations. The emirate’s leadership has built an environment that inspires confidence among investors and developers, enabling bold projects that contribute to its global standing,” said Mirwais Azizi, Founder and Chairman of Azizi Developments.

    One of the most prominent projects within the portfolio will be a seven-star hotel inside Burj Azizi, the developer’s planned landmark tower on Sheikh Zayed Road. The skyscraper is expected to become the world’s second tallest building once completed, introducing a new luxury hospitality destination in the city.

    Azizi emphasized that the investment reflects confidence in Dubai’s long-term economic trajectory and aligns with the vision of Sheikh Mohammed bin Rashid Al Maktoum. “Our Dh75 billion investment in hospitality reflects our long-term commitment to Dubai and our strong belief in its continued growth as a global tourism hub,” he stated.

    The developer is also planning to launch the Azizi Hospitality Academy, an institution designed to train hospitality professionals and provide internationally recognized programmes for the UAE’s expanding tourism workforce.

    The announcement comes as Dubai’s real estate and tourism sectors continue to demonstrate resilience. The emirate’s brokerage commissions surged 31% in 2025, while new regulatory frameworks, including mandatory building safety standards, aim to ensure sustainable growth across the sector.