Reaching for the Stars: Burj Azizi Unveils Ultra-Luxury Units as Dubai’s Real Estate Market Soars

Burj Azizi launches global sales across seven major cities across the world.

Dubai’s realty market is set to witness a landmark event with the global sales launch of Burj Azizi, the city’s second-tallest tower. This project, slated to reach a staggering height of 725 meters with over 131 stories, is being touted as a “once in a generation” opportunity for investors and luxury property enthusiasts. 

Burj Azizi will be home to the following —

  • residential units
  • a seven-star hotel
  • retail spaces
  • entertainment facilities, including the world’s highest nightclub

Quick Facts Table

DeveloperAzizi Developments
Height725 meters
Number of Floors131+
LocationSheikh Zayed Road, near Dubai World Trade Centre Metro Station
InvestmentAround USD 1.5 billion
Completion DateTargeted for 2028
Unique FeaturesCutting-edge smart home technologiessustainable design featuresa museum documenting the building’s development through multimedia exhibits, like photographs, videos, and graphics

This architectural masterpiece will commence sales at prestigious locations worldwide:

  • Dubai – Conrad Hotel
  • Hong Kong – The Peninsula
  • London – The Dorchester
  • Mumbai – JW Marriott Juhu
  • Singapore – Marina Bay Sands
  • Sydney – Four Seasons Hotel
  • Tokyo – Palace Hotel

The development will have mixed-use space. Salient features include the following —

  • Level 111: World’s highest hotel lobby
  • Level 118: World’s highest hotel room
  • Level 122: World’s highest restaurant
  • Level 126: World’s highest nightclub

The residential component offers a selection of one-, two-, and three-bedroom apartments. Every 20th floor features comprehensive amenity spaces, including —

  • Swimming pools with sauna & steam facilities
  • Private cinema
  • Fitness centers with yoga spaces
  • Convenience retail
  • Children’s play zones
  • Gaming areas featuring billiards, chess, and ping-pong
  • Dining establishments
  • Business facilities

A standout feature will be the all-suite 7-star hotel, inspired by seven cultural themes —

  • Arabic
  • Persian
  • Chinese
  • Russian
  • French
  • Indian
  • Turkish

Dubai’s Realty Market Context

The announcement for sales comes amid exceptional market performance in 2024. Recent data indicates a 19% increase in sales of high-end properties priced over AED 10 million in the first quarter of 2024. Also, a 59% decrease in luxury properties in 2024 has created a perfect setting for premium realty investments. Let’s look at the figures below —

Total Transactions180,987 
Growth in Value compared to 202327.2%
Increase in Volume YoY36.5% 
Increase in ValueAED 522.5 billion 

With its right mix of luxury, innovation, and strategic significance, Burj Azizi is poised to become a coveted residential and commercial address as well as a landmark that will reshape Dubai’s skyline.

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