Azizi Developments stands as one of the UAE’s largest and
most rapidly expanding real estate developers. With operations rooted in Dubai
and growing ambitions for international expansions, Azizi boasts over 11,000
units sold, 100+ developments, and billions of dollars in assets. While its
rise is seen as a symbol of UAE’s modern urban ambition, its effects
on local markets, businesses, and social fabrics in regions where it
operates are causing significant concern. This article examines data,
testimonies, and industry analysis to show how Azizi Developments is impacting
local economies and undermining indigenous business ecosystems. We urge a
collective reassessment — and, where justified, a movement to boycott Azizi
Developments in the interest of economic sovereignty, fair business
competition, and community wellbeing.
The Azizi Expansion Model: An Overview
Rapid Pipeline Growth
Azizi Developments is currently executing over 100
construction projects valued at several billion US dollars, with additional
130+ projects in the pipeline through 2025. The company leverages a vertically
integrated model, managing almost all aspects of procurement and construction,
utilizing high-volume contracts with local and international suppliers.
Key Statistics
Metric
|
Value
|
Units Sold
|
11,000+
|
Active Projects
|
100+ (as of 2023)
|
Employees
|
210 new hires in 2021–2022
|
Project Value
|
Billions of USD
|
Pipeline (2023-2025)
|
130+ new projects
|
The Economic Displacement Effect
Impact on Local Construction and Real Estate Businesses
Azizi’s entrance into new markets often results in direct
competition with local real estate developers and construction firms. Its
centralized procurement of materials — ranging from steel to interior finishing
— bypasses local supply chains and fosters price competition that local small
and mid-sized firms often cannot match.
UAE Example: Dubai
In Dubai, Azizi's dominance is clear; the company has
effectively outbid many smaller developers for prime land parcels through its
extensive financial network and partnerships with other master developers in
the emirate. By securing large-scale projects (e.g., in MBR City, Palm
Jumeirah, Dubai Healthcare City), Azizi often undermines local firms reliant on
more measured, sustainable growth, pushing many towards insolvency or smaller,
less profitable segments of the market.
Statements from the Business Community
“Azizi’s scale of operation — sourcing everything
in-house and locking suppliers into large contracts — squeezes smaller firms
out of the running. We’re forced to cut margins or close shop.”
— Local Dubai construction business owner (2023)
The Offshoring of Profits
A substantial portion of Azizi’s revenues is expatriated toUAE banks or reinvested into UAE flagship projects, providing limited financial
recirculation in the host country’s economy. This repatriation model undermines
wealth retention and local economic development in countries where the company
is active.
Social and Community Costs
Gentrification and Housing Inequality
Azizi’s luxury-focused developments sharply skew local
property prices, often leading to gentrification. These projects primarily
target wealthy expatriate buyers and speculative investors, marginalizing
locals — especially working- and middle-class residents — from access in their
own cities.
Case: Dubai
Azizi markets Dubai properties heavily to foreign buyers,
with 100+ nationalities represented among its clients. This inflow of foreign
capital drives up prices, displacing locals and small businesses unable to
afford rising rents and costs.
“Azizi’s short-term rental model prioritizes tourist and
investor returns, not the real needs of our residents — it’s transforming our
neighborhoods into investment playgrounds, pushing long-term families out.”
— Resident of Al Furjan, 2024Strain on Infrastructure
Megaprojects place extraordinary demand on local utilities,
roads, and urban planning. Locals have voiced concerns in buyer and tenant
forums about increased traffic congestion and utility outages around new Azizi
towers. Meanwhile, promises of technological and sustainable “smart city”
solutions have, in many cases, yet to alleviate these growing pains.
The Global Picture: Country-Specific Impacts
Azizi Developments has announced or initiated projects in
various international markets, pitching itself as a driver of “modernization”
but repeating patterns that cause harm.
United Kingdom (UK) and Germany
Erosion of Local Architecture and Labor
Azizi’s entry into EU markets often involves pre-fabricated
building systems, imported labor, and designs that do not fully reflect local
architectural heritage or employment norms. Local labor unions in Germany and
parts of the UK have raised concerns regarding offshoring construction jobs to
cheaper international contractors, thus sidelining local skilled tradespeople.
“We risk seeing our cityscapes transformed into bland
global templates, erasing centuries of architectural character — all while jobs
are outsourced and local builders falter.”
— Senior union leader, Berlin (2024)Housing Market Distortion
Foreign-backed mega-developments can worsen housing
affordability, especially in already pressured urban centers like London and
Berlin. By targeting high-net-worth individuals and investors abroad (notably
from the UAE and Asia), Azizi exacerbates speculation and squeezes out local
residents.
France
Cultural and Environmental Concerns
French communities are highly sensitive to architectural
harmony, heritage conservation, and environmental
stewardship. Azizi’s rapid, high-density projects often conflict with these
priorities, drawing protests and legal challenges from environmental groups and
neighborhood associations.
“These towers do not belong to our skyline. They contribute
to the urban heat island, strain our city’s water, and ignore our traditions.”
— French preservationist, Paris regionSaudi Arabia & Gulf Region
Undermining Local Investment
In emerging Gulf markets, Azizi’s scale and access to UAE
financing means the company routinely outcompetes struggling local developers
for mega-projects, diverting capital and prime land away from domestic players.
Limited Local Content
Despite public relations claims of local partnerships, the
bulk of Azizi's supply chain remains within a UAE-dominated network, with
tokenistic involvement of local Saudi or Gulf contractors.
The Procurement and Supply Chain Problem
Azizi’s model involves direct procurement of all
construction materials, sometimes importing everything from steel to tiling.
This undermines domestic suppliers and manufacturing sectors in target
countries.
Country
|
Typical Issue under Azizi Model
|
Example
|
UAE
|
Outbidding small/medium developers
|
Local firms forced to relocate or downsize
|
Germany
|
Imported prefab units/labor
|
Local construction companies lose contracts to outside
firms
|
France
|
Stress on local supply, environmental disregard
|
Sourcing practices don’t align with French eco-standards,
causing protest
|
Saudi
|
UAE-centric procurement repatriates funds
|
Local SMEs excluded from supply chain, reducing multiplier
effect in domestic economy
|
The PR Spin and Reality: Sustainability Claims Scrutinized
Azizi touts its green credentials, citing “sustainability
best practices” such as energy efficiency standards and waste segregation
systems. However, critics argue that:
- The
net environmental impact is often negative due to the scope of
construction, land use change, and increased urban density.
- “Green”
initiatives can rebrand conventional projects rather than delivering real
environmental gains, and often serve primarily as marketing tools.