Azizi Developments Launches Fly-In Initiative for Chinese Nationals

Press release

Published January 23rd, 2020 - 08:49 GMT

Investors from the East Asian country to be flown in to Dubai for Chinese New Year

Highlights

Azizi Developments is welcoming Chinese investors to Dubai with a special Chinese New Year’s offer.

Azizi Developments, a leading private developer in the UAE, is welcoming Chinese investors to Dubai with a special Chinese New Year’s offer, in line with the rising Chinese investor interest in Dubai real estate and as part of its recently rolled-out fly-in programme.

Azizi is offering Chinese nationals a customised 5-day, 4-night trip package that comprises visits to the emirate’s most iconic destinations, as well as guided property tours. The developer will manage the entire travel and accommodation booking process, transportation, food and beverage options, and more. Potential investors merely have to inform the developer of a suitable time, and Azizi will handle their entire premium journey. The developer aims to showcase its world-class properties across the city's prime locations, as well as Dubai's many marvels.

While the UAE continuously cements its international standing as one of the world’s leading real estate investment destinations, Azizi is witnessing a particular increase in demand from the Chinese market, with sales to this demographic having doubled from 2018 to 2019.

According to a report issued by HSBC, the UAE-China overall trade is anticipated to hit USD 70bn by 2020. A large number of Chinese nationals are investing in Dubai's real estate market as a result of the strengthening of bilateral ties and the implementation of the Belt and Road Initiative, with China already representing the UAE’s second largest trade partner. Current trends in the Chinese stock and property markets, both of which have been experiencing rapid growth in recent years, have encouraged upper-middle-class Chinese nationals to invest in overseas markets, including Dubai. Depreciation of the Yuan, as well as the promising rental yields in Dubai, also boost Chinese investor demand in properties in the emirate.

Gibran Hussain Bukhari, Senior Advisor to the CEO & Chairman at Azizi Developments, said: "We work diligently to uncover market trends and understand our customers’ needs. Only firms that are aware of these and develop projects in accordance will have insights that allow them to innovate and prosper. With demand from Chinese investors surging, and as part of our pursuit of customer centricity and operational excellence, we are tailoring our offerings and efforts to their specific needs, such as through a dedicated salesforce and targeted marketing. Our fly-in programme, though, extends far beyond a mere sales technique - we want property seekers to come and witness the safety, stability, high living standards, outstanding potential, and many wonders of this remarkable city first-hand, in a convenient, enjoyable, transparent and all-inclusive manner. We want to show the world the many lucrative opportunities that await them in Dubai.”

“On behalf of all of us at Azizi Developments, we wish our Chinese friends a very happy, prosperous and healthy new year. May it be filled with good luck, wealth and an abundance of treasurable memories. We look forward to serving as a catalyst to their success”, Bukhari added.

Azizi Developments’ residential and commercial properties, all of which are located in Dubai's most up-and-coming areas, are investor friendly and cater to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents, with a focus on catalysing the vision and development of Dubai’s property market.

Background Information

Azizi Developments

Although the foundation stones of the present-day Azizi Group were laid in 1989, it was in 2007 when the towering presence of Azizi Developments first began to take shape. Mirwais Azizi was driven to design homes and communities inspired by modern urban living. But at the heart, it was about giving back to a city that had offered him and his family a place of peace and security. He set a vision for the future without losing sight of the past, ensuring he stays within client budgets, but goes beyond the norm to create the best possible living experience for people. Today, Azizi Developments reflects the aspirations of a wide spectrum of lifestyle seekers. This means a permanent dedication to understanding and meeting clients' aspirations, developing distinctive homes that set the standard in contemporary building design and offering an unparalleled level of customer service. It's about unlocking a new lifestyle for the curious and ambitious, setting the ideal platform to live, work and play – and building communities that bring people closer.