Dubai-based Azizi Developments has revealed its plans for a significant international expansion, with London set to become its first major overseas venture. Chairman Mirwais Azizi shared the news with Arabian Business, emphasizing that the company plans to build "around five to six high-rise towers" in central London, marking a substantial investment in the UK property market.

Azizi Developments, known for its luxury projects and the developer behind Burj Azizi – the second tallest tower in the world – is strategically targeting London as its entry point. While specific timelines and financial details remain undisclosed, Azizi confirmed that the company’s investment in London will be substantial, as the city continues to attract global investors.

In addition to London, Azizi highlighted the company’s plans to expand into Australia, France, Germany, and Canada. This international expansion is part of Azizi’s broader vision for growth beyond Dubai. Azizi explained, “We want to start in France, Germany, and Canada” as part of the company's strategic global growth.

This global push coincides with Dubai's thriving real estate market, which continues to set new records. Azizi remains optimistic about both local and global property markets, particularly Dubai's ability to attract high-net-worth individuals (HNWIs), a key driver of demand for luxury properties. He noted that global instability and security concerns in parts of Europe are encouraging wealthy investors to shift their focus to Dubai. “Many rich people are now coming to Dubai and purchasing luxury properties here,” Azizi commented.

Azizi also emphasized Dubai's positioning as a hub for luxury and branded residences, with demand for high-end real estate remaining strong. Among the company’s high-profile developments is the Burj Azizi Tower, which Azizi describes as “the most luxurious tower in the world.” Units in the 131+ storey tower start at AED 7.5 million, with some reaching up to AED 1 billion. Azizi clarified that while some projects are focused on the luxury market, others cater to the middle class and lower-income groups.

With numerous projects in the works and plans for global growth, Azizi is positioning himself and his company to meet the rising demand for international property among high-net-worth individuals seeking luxury residences across multiple markets.

Azizi’s personal journey in Dubai spans over three decades, and his ambition for international expansion appears to be both a business strategy and a personal mission. With this bold vision, Azizi anticipates significant transformation in Dubai's real estate market in the coming years, driven by investor confidence, the influx of HNWIs, and government efforts to attract long-term residents.