THE MIDDLE EAST’S

14. Mirwais Azizi

Designation: Founder & Chairman
Company: Azizi Developments
Headquarters: U.A.E.
Established: 2007

Azizi founded Azizi Developments in 2007. As of January 2026, the company had over 45,000 completed units valued at $15 billion, and a further 150,000 under construction projected to be worth $50 billion. In 2025, Azizi launched residential developments across Jumeirah Village Circle, Jebel Ali Free Zone, Dubai Islands, Dubai Healthcare City, and Dubai Studio City. In December 2025, Mirwais Azizi signed a 50-year lease agreement for 440,000 square meters with KEZAD Group, investing $545 million in new manufacturing facilities. Azizi’s net worth stood at $1.4 billion as of March 2026.