Azizi Developments sold its first property to an Israeli buyer

The company said, the buyer had purchased a one-bedroom residential unit in Creek Views II.

Property developer Azizi Developments announced on Thursday that it has facilitated the transaction of the first-ever Dubai property sold and registered to an Israeli buyer since the normalization of ties between UAE and Israel. 

In a statement, Azizi said the buyer had acquired a one-bedroom residential unit in Creek Views II, Dubai Healthcare City.

It is the first time when the property was officially listed to an Israeli buyer at the Dubai Land Department.  

'We are delighted… to be the first to officially register an Israeli national as a property buyer. This registration… is a truly monumental move that we are proud to facilitate,' said Azizi. 

The developer, under CEO Farhad Azizi, has courted Israeli buyers by adding the country to its fly-in programme in October 2020, under which it provides accommodation and tour packages to potential investors. 

The Israel-United Arab Emirates normalization agreement, or the Abraham Accords, normalizing the relations between the two countries, was signed in August 2020.