The Developer Has Not Yet Disclosed The Name Of The Tower, Which Is Estimated To Cost Dh5.5 Billion For Construction.
Azizi Developments has initiated the construction of Dubai’s second-tallest tower, a significant addition to the city’s skyline. Although the developer hasn’t disclosed the tower’s name, the project is valued at $1.5 billion or approximately Dh5.5 billion.
Expected to be completed by 2028, the tower is strategically located opposite the World Trade Centre on Sheikh Zayed Road. It boasts a design that includes a vertical mall, luxurious residences, and penthouses. Additionally, the tower will house a 7-star hotel, an observation deck, and an array of high-end restaurants and amenities.
This ambitious project underscores Azizi Developments’ commitment to shaping Dubai’s urban landscape with an iconic structure that combines modernity and luxury.
Azizi Legacy
“This tower will be our legacy,” expressed Mirwais Azizi, founder, and chairman of Azizi Developments, originally from Afghanistan. He emphasized the significance of the project, framing it as a gratitude-driven endeavor to give back to Dubai, a city that has provided his family and himself with safety and abundant opportunities.
“With Dubai having given my family and me so much – safety and abundance of opportunities – this tower, which will be the second tallest, is our way of giving back to this emirate and its remarkably hospitable and welcoming people,” Azizi added.
The tallest tower in Dubai and globally is the 828-meter Burj Khalifa. To secure the position of the second tallest in the emirate, Azizi must surpass Marina 101 (425 meters) and the newly announced Franck Muller Aeternitas Tower (450 meters) in Dubai Marina.
If Azizi aims for global recognition, aspiring to be the second tallest tower worldwide, it must exceed the height of Merdeka 118 in Malaysia, a towering structure standing at 679 meters, completed in November last year. Azizi’s ambition signals a commitment to reshape Dubai’s skyline and compete on an international scale.