Burj Azizi in Dubai Poised to Become the World's Second-Tallest Tower
Azizi Developments, a Dubai-based real estate company, has revealed the final height of its new skyscraper, which is set to become the world’s second-tallest tower, further enhancing Dubai's thriving real estate landscape.
The Burj Azizi, a Dh6 billion ($1.63 billion) project, will rise to a staggering 725 meters with at least 131 floors, surpassing Kuala Lumpur’s 679-meter Merdeka 118, Azizi announced on Wednesday. Upon completion, Dubai will be home to the two tallest buildings in the world, including the iconic Burj Khalifa at 828 meters.
Situated in the Dubai World Trade Centre district along Sheikh Zayed Road, construction of the tower commenced earlier this year, with a projected completion date set for 2028. Burj Azizi will also feature a luxurious “seven-star hotel,” similar to the Burj Al Arab, and will boast the “world’s highest lobby” on its 11th floor.
The skyscraper is expected to break several world records, including housing the highest nightclub on the 126th floor, the highest observation deck on the 130th floor, as well as Dubai’s highest hotel room and restaurant on the 118th and 122nd floors, respectively.
Dubai’s property market, and the UAE overall, has been experiencing a boom in recent years, reflecting steady economic growth driven by diversification efforts that are boosting the real estate sector. Among these initiatives are residency permits for retired and remote workers, along with the expansion of the 10-year golden visa programme, which has fueled investor demand.
Dubai's luxury prime market, in particular, has seen increased demand, reaching a record in 2023 when sales of $10 million-plus homes nearly doubled to $7.6 billion, outperforming major cities like London and New York, according to a Knight Frank report.
These high-value transactions were concentrated in prominent areas such as Palm Jumeirah, Mohammed bin Rashid City, Dubai Water Canal, Tilal Al Ghaf, and Dubai Hills Estate. Luxury projects continue to shape the emirate’s skyline, including the $1 billion Marasi Marina project from Sankari Properties, scheduled for completion in 2027 with units starting at $10 million.
Once completed, Burj Azizi will join the Burj Khalifa and Saudi Arabia’s Makkah Royal Clock Tower as part of the Middle East's representation among the five tallest skyscrapers globally. Additional skyscrapers are also in the works across the region, such as Dubai’s under-construction Burj Binghatti Jacob & Co Residences, the Six Senses Residences, and Kuwait’s proposed Burj Mubarak Al Kabir. According to the Council on Tall Buildings and Urban Habitat, Saudi Arabia’s Jeddah Tower is expected to become the world’s tallest at approximately 1 kilometer in height.
“With the rapid pace of development across the GCC, especially in the UAE, the creation of iconic projects reflects a forward-thinking vision for the region,” Mr. Azizi stated. The Burj Azizi “will embody Dubai’s spirit, celebrating the world’s seven major cultures through its intricate interior design,” he added.
Azizi Developments has around 40,000 units under construction, valued at “several billion” dollars, and these are expected to be completed by 2027, according to its website.
The developer has a strong presence across Dubai, with properties in key areas such as Mohammed bin Rashid City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, Al Furjan, Studio City, Sports City, and Downtown Jebel Ali.
SOURCE: THE NATIONAL
