Azizi Developments sold its first property to an Israeli buyer

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.  

Comments
See also
  • Distance to the sea: 10 kmCompletion year: II quarter, 2029, off-plan
    VERDANA 9 - Dubai Investments Park - Dubai - UAE
    Expo 2020
    3700m
    Al Furjan
    4800m
    Discovery Gardens
    5500m
    Studios
    min. 514 090 AED
    1 bedroom
    min. 905 522 AED
    Be the first to know about objects for sale
  • Distance to the sea: 50 mCompletion year: IV quarter, 2027, off-plan
    W Residences Dubai Harbour - Dubai Marina - Dubai - UAE
    DMCC (formerly Jumeirah Lakes Towers)
    2300m
    SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
    1400m
    Al Khail (formerly Nakheel)
    1500m
    1 bedroom
    min. 4 412 000 AED
    2 bedrooms
    min. 5 845 000 AED
    3 bedrooms
    min. 7 144 000 AED
    4 bedrooms
    min. 14 522 000 AED
    5 Bedrooms
    min. 41 270 000 AED
    27 properties from agencies
  • Distance to the sea: 6 kmCompletion year: IV quarter, 2024, off-plan
    MAG 22 - Nad Al Sheba - Dubai - UAE
    Burj Khalifa/Dubai Mall
    8300m
    Business Bay
    7800m
    Al Safa (formerly Noor Bank)
    8300m
    The off-plan MAG 22 residential complex is a project in the Meydan quarter in the MBR City district in Dubai. It includes two- and three-bedroom townhouses. One of the major advantages of the complex... Details
    2 bedrooms
    min. 3 999 000 AED
    3 bedrooms
    min. 4 974 000 AED
    6 properties from developer
  • Distance to the sea: 250 mCompletion year: I quarter, 2027, off-plan
    Habtoor Grande Residence - Dubai Marina - Dubai - UAE
    Al Khail (formerly Nakheel)
    1600m
    SOBHA Realty (formerly Dubai Marina and DAMAC Properties)
    750m
    DMCC (formerly Jumeirah Lakes Towers)
    1600m
    2 bedrooms
    min. 11 231 417 AED
    3 bedrooms
    min. 16 890 674 AED
    7 properties from agencies