Azizi, Aldar Properties news and Dubai Business Activity

New retail units by Azizi Developments across its projects
150+ Dubai retail units are set to be release by Azizi Developments across its projects in communities:
  • Al Furjan
  • Azizi Riviera
  • Creek Views
The developer have already sold the initially released 600+ units.

In the Azizi Riviera project, following the announcement of the crystal lagoon, all commercial lagoon-facing units were sold out within days
Aldar Properties' record numbers for 2021
Aldar Properties, Abu Dhabi's leading developer, has announced record numbers for 2021.

Compared to 2020:
  • Revenue rose by 2% (up to $2.3 billion)
  • Net profit rose by 21% (up to $644 million)
  • Sales rose by 100% (up to $2 billion)
Dubai's business activity decreased in January 2022 compared to December 2021
According to the consultancy, IHS Markit Dubai:
  • Purchasing Manager's Index – 52.6.
The highest results were recorded in the construction sector:
  • Output reached the highest level since mid-2019.
Sources: Zawya, The National News