Property Blog by Edwards and Towers

Azizi Unveils Dh75 Billion ‘Milan’ Mega-Project in Dubai

Written by Molly Johannsen | Apr 24, 2025 6:19:13 AM

Dubai’s property market gets a bold new addition as Azizi Developments rolls out its second major launch of 2025.

Azizi Developments has announced the launch of a massive new residential and lifestyle project — Azizi Milan — valued at Dh75 billion. The new venture is set to rise in the area formerly known as City of Arabia, strategically located near Sheikh Mohammed Bin Zayed Road.

This marks Azizi’s second major launch of the year, following the announcement of its iconic skyscraper project on Sheikh Zayed Road. Staying true to its tradition of naming large-scale developments after iconic global cities, Azizi Milan follows in the footsteps of Azizi Venice.

But the spotlight isn't just on the name — it’s on ambition. Chairman Mirwais Azizi emphasized the project’s broader vision:

“As the original Milan is a global fashion capital, our new development aims to become the fashion hub of the Middle East and Asia. It will host global brands and emerging designers, serving as an incubator for creativity, talent, and innovation in fashion.”

Fashion-First Vision

Azizi Milan is expected to integrate residential, retail, and creative spaces, designed specifically with fashion and design communities in mind. From high-end boutiques and ateliers to creative co-working studios, the development will provide a unique ecosystem for fashion houses, independent designers, and design schools to thrive.

Strategic Land Acquisition

One of the most significant elements of this project is Azizi’s acquisition of a large swathe of land in a prime Dubai location. This strategic move signals the developer's long-term commitment to reshaping the city’s landscape and expanding its footprint well beyond traditional residential real estate.

The announcement also reflects the surging investor confidence in Dubai’s real estate sector, with mega-projects like this reinforcing the city’s image as a global lifestyle and investment destination.

What’s Next?

With construction expected to begin later this year, more details on design, partnerships, and phase-wise rollout are anticipated in the coming months. Industry observers are already calling Azizi Milan one of the most ambitious lifestyle developments of the decade.

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