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- Azizi Developments has begun construction of Dubai's Burj Azizi
Azizi Developments Has Begun Construction of Dubai's Burj Azizi
Final height will depend on approval from the authorities, but it was confirmed to become the second tallest tower in Dubai.
Location: Sheikh Zayed Road
The $1.5 billion project will include:
– 7* Hotel
– Luxury Residences
– Penthouse Apartments
– Vertical Mall
– High-end F&B Outlets
– Observation Deck
Completion - 2028
The UAE's gross domestic product (GDP) is projected to grow by 5% in 2024
– According to the rating agency, S&P Global.
In Dubai, the increase will be driven by strong momentum in the sectors: – Hospitality
– Wholesale and Retail
– Financial Services
Despite news of gaming hotels in Ras Al Khaimah and general economic growth in the country, Dubai remains the most attractive emirate for investment.
In 2023, UAE's GDP expanded by over 3%, the non-oil sector – by 6%.
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