Al Jaziri Developments

Al Jaziri Developments is a family-owned Emirati developer. The business began in 1987, when brothers Abdulrahman and Badr Al Jaziri founded Al Jaziri Group. Property development later became a separate arm of the group.

Abdulrahman Alhelo Alsuwaidi is Co-founder and Chairman. Badr Alhelo Alsuwaidi is Co-founder and CEO. Both names appear in company announcements and in the Dubai press.

The company registered with the Dubai Land Department in May 2013 and holds developer number 951, with a trade licence from the Dubai Economic Department under number 685359. The office is at Business Avenue Building in Al Khabaisi, which the company lists among its own completed projects.

This is the first thing any buyer should know. By 2023 the company had switched every public reference from Al Jaziri Group and Al Jaziri Brothers to NABNI Developments. The founders also appear under a different English spelling of their family name, Alhelo Alsuwaidi rather than Al Jaziri.

Nothing changed about the company itself. The same family owns it, the same Avenue Residence series continues, and the Land Department registration is unchanged. Only the name people search for has moved.

In practice this means a buyer researching Al Jaziri Developments will find older buildings and older listings under the Al Jaziri name, and everything from 2023 onward under NABNI. Both refer to the same developer.

The product is residential apartments, sold off-plan and built in mid-rise buildings of ten to twelve storeys. One, two and three-bedroom homes make up the range, with penthouses in some buildings. The company also has an older portfolio of commercial and villa work.

The defining trait across the Avenue Residence series is unit size. Avenue Residence 7 offers homes from 950 to 2,050 sq ft, which the developer describes as the largest in Al Furjan. Two-bedroom units in Avenue Residence 6 run from 1,237 to 2,161 sq ft, and three-bedroom units from 1,979 to 2,827 sq ft, with a maid's room and a storage room built in. Those are generous figures for the price bracket.

• Business Avenue, a commercial building in Al Khabaisi that still houses the company's own office.
• The Lamborghini Building on Sheikh Zayed Road.
• Mirdif 10 Villas, a small villa development in Mirdif.

Eight buildings carry the Avenue Residence name, all in Al Furjan. Five are finished and three are in construction. With Avenue Residence 7 under way, the company put its total investment across the first seven buildings at AED 800 million.

Handover dates for Avenue Residence 6 and 8 are shown differently on different listing portals, and the developer has not published a single confirmed quarter for either. Take the date from the sale and purchase agreement rather than from a listing.

Avenue Residence 7 is the flagship of the series. It is a twelve-storey building of ground, podium and ten floors, holding 166 apartments between 950 and 2,050 sq ft, with handover set for August 2027. Sixty-five per cent of the building had sold by the time construction started in December 2025, and the company confirmed a full sell-out in January 2026.

In 2024 the company signed a partnership with Hilton, and in May 2025 it opened sales on Waldorf Astoria Residences Dubai Business Bay. It is the first fully residential Waldorf Astoria address anywhere outside the United States.

• A 65-storey tower rising 350 metres on Marasi Drive, beside the Dubai Water Canal.
• 146 residences in total.
• Designed by architect Carlos Ott, with interiors by Hirsch Bedner Associates.
• On planned handover it will be the second tallest residential tower in the Business Bay and Downtown Dubai district.
• Handover is planned for the fourth quarter of 2029.

This project sits in a completely different bracket from the Avenue Residence buildings. Anyone comparing the two should treat them as separate propositions, because the buyer, the price and the risk profile are not the same.

One payment structure runs consistently across the Avenue Residence series, confirmed on both Bayut and Property Finder.

The Avenue plan is the one worth understanding properly. Paying only forty per cent before handover keeps the money in your pocket during construction, which suits buyers taking a mortgage at completion or those who want to keep capital working elsewhere. It also means a much larger payment falls due on the handover date, so the plan rewards buyers who have that sum ready rather than those relying on selling the unit before completion.

The company works to a consistent brief rather than reinventing each building. Recent projects lean on Emirati design references, with Avenue Residence 7 drawing on traditional barjeel wind towers and the lines of the dhow boat, set within a minimalist art deco frame.

• Italian fixtures and fittings, and premium European kitchen appliances built in.
• Smart home technology integrated as standard.
• Marble flooring and fitted wardrobes in the completed Avenue buildings.
• Separate adult and children's swimming pools, temperature controlled.
• Gym or wellness centre, with Technogym equipment specified at Avenue Residence 7.
• Residents' lounge, kids' play area, jogging track and barbecue area.
• A ghaf tree garden at Avenue Residence 7, using the native UAE tree.
• Covered parking, CCTV monitoring and high-speed lifts.

The Waldorf Astoria tower runs to a different standard again, with private lift lobbies, floor-to-floor heights of 4.5 metres, balconies from 16 square metres, a spa, a golf simulator and the Peacock Alley lounge that the brand is known for.

• Al Furjan. The core of the business and the location of all eight Avenue Residence buildings. Al Furjan sits beside Jebel Ali, reached from Sheikh Mohammed Bin Zayed Road and Jebel Ali-Al Hibab Road, with Discovery Gardens metro station within walking distance of the newer buildings and Ibn Battuta Mall and Dubai Marina a short drive away.
• Business Bay. Home to the Waldorf Astoria Residences on Marasi Drive, alongside the Dubai Water Canal.
• Mirdif. An older villa development, listed by the company among its legacy work.
• Al Khabaisi, Deira. The Business Avenue commercial building, which also holds the company's office.

On Bayut listing data checked in August 2026, Al Furjan recorded 4,158 new rental contracts in a twelve-month period, with an average residential rent of AED 108,982 based on Land Department transaction data. Avenue Residence apartments specifically are listed for rent between AED 90,000 and AED 150,000 a year, averaging AED 106,348.

The record is unusual for a boutique developer in that the sell-through has been consistent rather than spectacular.

• Five of the eight Avenue Residence buildings are complete: Avenue Residence 1 through 5.
• More than AED 1.2 billion in sales generated across those buildings.
• AED 800 million invested in Al Furjan across the Avenue Residence series.
• Avenue Residence 1 to 6 all sold out.
• Avenue Residence 7 was 65 per cent sold when construction began in December 2025 and fully sold out by the end of January 2026.
• Three further buildings in construction in Al Furjan.

The pattern is worth noting. Buildings in this series have repeatedly sold out ahead of completion, which tells you the pricing has been set below what the market will bear. For a buyer that is a good sign on entry and a caution on availability, because units are often gone before a wider audience hears about the launch.

• Unit size. This is the clearest differentiator. Avenue Residence 7 homes reach 2,050 sq ft, described by the developer as the largest in Al Furjan, and three-bedroom units in Avenue Residence 6 stretch to 2,827 sq ft with a maid's room and storage. Most developers in this price band build smaller.
• One community, done repeatedly. Eight buildings in Al Furjan means the company knows the ground, the contractors and the buyer. It is the opposite of the scattered-portfolio approach.
• A back-loaded payment plan. Sixty per cent falling due at handover is more buyer-friendly during construction than most schedules in the market.
• Emirati ownership and a long trading history. The family business dates to 1987 and the development arm to 1999, which is a longer runway than most boutique names in Dubai.
• A branded residence in the portfolio. Securing the first standalone Waldorf Astoria residences outside the United States is a level of partnership that few developers of this size reach.
• Fitted homes. Italian fixtures, European kitchen appliances and smart home systems come as standard rather than as upgrades.

• Families who need space. This is the strongest match. If you want a genuine three-bedroom home with a maid's room and storage, and you do not want to pay Marina or Downtown prices for it, the Avenue Residence series is built for exactly that.
• Buyers who will complete with a mortgage. The 15/25/60 plan leaves the bulk of the payment to handover, which lines up well with drawing a mortgage at completion.
• Landlords letting to families. Avenue Residence apartments were listed on Bayut between AED 90,000 and AED 150,000 a year in August 2026, and Al Furjan registers thousands of rental contracts annually.
• Buyers who want a metro-linked address. Discovery Gardens metro station is within walking distance of the newer Avenue buildings.
• End users who want to move in finished. Kitchens arrive with European appliances installed and smart home systems already in place.
• Ultra-prime buyers looking at branded residences. A separate audience entirely, and the Waldorf Astoria tower is aimed at them.

• Studio and small-unit investors. The Avenue Residence series starts at one bedroom. If your model depends on the lowest possible entry ticket, this developer does not build for it.
• Buyers who want geographic spread. Almost the entire residential portfolio sits in one community. If Al Furjan does not suit you, there is very little else to consider.
• Anyone who needs to buy at launch. Every building in the series has sold out, and Avenue Residence 7 was two thirds gone before construction started. Buyers who take weeks to decide will be looking at resale.
• Buyers who cannot fund a large handover payment. Sixty per cent falling due at completion is a real obligation. Anyone planning to sell before handover to avoid it is taking a risk on market timing.
• Villa buyers. Aside from an older Mirdif development, this is an apartment builder.
• Buyers who want a large listed developer. This is a boutique, family-owned business. It builds a handful of buildings at a time, not master-planned communities.

• Search the project under both names. Older records sit under Al Jaziri and newer ones under NABNI, and missing half the history gives you half the picture.
• Confirm the project registration and escrow account on the Dubai REST app or with the Dubai Land Department before paying anything.
• Read the handover date in the sale and purchase agreement rather than relying on a listing.
• Plan for the sixty per cent handover payment now, not later. Speak to a mortgage adviser early if you intend to finance it.
• Ask for the Oqood registration once the booking is complete.
• Ask for the projected service charge per square foot. Larger units mean a larger annual bill, since service charges are calculated by area.
• Compare the price per square foot rather than the headline price. Larger layouts are this developer's advantage, and the comparison only shows up on a per-foot basis.