Dubai South is evolving into a high-end real estate hub with Azizi Developments launching its ultra-luxury ‘Monaco Mansions’ in the Venice Azizi project. Priced from Dh45 million to Dh220 million, these mansions are part of a broader development aimed at attracting wealthy investors. The 109 residences ranging from 10,000 to 20,000 square feet, feature six to eight bedrooms, luxurious amenities, dual swimming pools, a private cinema and a spa with a Turkish Hammam.

The Venice masterplan which includes 36,000 residences will also feature a lagoon, beaches, sports facilities and cultural landmarks like a 2,500-seat opera house and a performing arts academy. The area is expected to become a key luxury destination similar to Dubai Hills as Dubai South’s real estate market shifts towards super-luxury offerings.

Azizi’s investment in these high-end properties with an estimated development cost of Dh3.5 billion, positions Dubai South as a growing luxury market. As the area benefits from infrastructure projects like the new Al Maktoum International Airport, it is attracting both residents and investors, driving up property values. With rents on the rise in the area, Azizi’s move sets new pricing benchmarks for Dubai South's future development.