Construction of Dubai's Burj Azizi

Azizi Developments has begun construction of Dubai's Burj Azizi which is planned to be the second tallest skyscraper in the world

Sheikh Zayed Road

Final height will depend on approval from the authorities, but it was confirmed to become the second tallest tower in Dubai.

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%.