2020 CW Power 100: Azizi Developments' Mirwais Azizi at 32
Azizi Developments, led by founder and chairman Mirwais Azizi, has been among the busiest developers in the UAE
One of the biggest names in the UAE real estate market, Azizi Developments, led by founder and Chairman Mirwais Azizi, has been one of the busiest real estate developers in the country.
In Q1 2020 alone, the private developer cast more than 112 slabs, poured more than 55,970m3 of concrete, and constructed more than 123,280m2 of built-up area.
In addition, the developer revealed its monthly average building progress of nearly 10%, and recorded more than 1,637,421 man-hours within the first three months of 2020.
In April 2020, Azizi Development crossed the 37% construction milestone on its 634-unit Creek Views tower, and crossed the 85% construction mark on its 479-unit, 18-storey Aura project in Jebel Ali.
The Dubai-based real estate developer has also noted rapid progress of infrastructure work at Azizi Riviera – its 71-building, $3.2bn (AED12bn) waterfront megaproject in Mohammed bin Rashid City (MBR City).
Phase 1 of the four-phased mixed-use megaproject, Azizi Riviera, crossed the 55% completion milestone in March 2020, with several buildings within the phase slated for completion in 2020. Meanwhile, Phase 2 is 37% complete and Phase 3 is 22% complete.
To view the full 2020 Construction Week Power 100 ranking, click here.