Azizi Developments extends partnership with Xylem for Azizi Venice and Riviera
Portfolio | Jan 20, 2025 | Zawya
Azizi Developments, a prominent UAE-based developer, has expanded its collaboration with Xylem, a global leader in advanced water solutions, to equip its Riviera and Azizi Venice projects in Dubai with cutting-edge water infrastructure. The collaboration entails the provision of modern pumps, valves, and other systems to enhance the functionality and sustainability of these developments. Riviera, a French-Mediterranean-inspired project, will offer high-rise residences and abundant retail space along a crystal lagoon, while Azizi Venice will comprise over 36,000 residential units set around a lagoon, complemented by cultural and entertainment attractions. This venture reflects Azizi's focus on building modern, community-oriented developments through strategic partnerships.
Sectors
- Real Estate Development
- Water Management Solutions
Geography
- United Arab Emirates – The primary location for Azizi Developments' projects, specifically in Dubai, where the Riviera and Azizi Venice developments are located.
- Dubai – Dubai is the city where the Azizi Developments projects, Riviera and Azizi Venice, are situated, highlighting its importance in the article.
Industry
- Real Estate Development – Azizi Developments is a prominent player in the real estate industry, managing large-scale residential and commercial projects in Dubai.
- Water Management Solutions – Xylem is involved in providing innovative water solutions, which is a crucial aspect of infrastructure for the Azizi Developments projects.
Financials
- Several billion US dollars – Projected value of Azizi Developments' units under construction to be delivered by 2027.
- AED 2.5 billion – Investment in the opera house as part of the cultural district in Azizi Venice.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Azizi Developments | Developer | Company | A leading private developer in the UAE focused on delivering modern luxury developments. |
| Xylem | Provider of water solutions | Company | A global company known for its advanced water and wastewater management solutions. |
| Al Muthathawerah A/C Systems (MACS) | Supplier | Company | Distributor of Xylem products used in Azizi Developments' projects. |
| Farhad Azizi | Group CEO | Person | CEO of Azizi Group, overseeing the expansion and strategic partnerships of Azizi Developments. |