Emirates Properties Group has announced the official launch of Azha Millennium Residences, a high-end branded residential development located in the heart of Jumeirah Village Triangle (JVT), Dubai. Backed by HH Sheikh Rashid bin Humaid Al Nuaimi, Chairman of the Municipality and Planning Department in Ajman, the launch highlights Dubai’s ongoing commitment to becoming a global real estate powerhouse with the goal of reaching Dh1 trillion in market value by 2033.
The Dh350 million project introduces 196 upscale apartments branded in partnership with Millennium Hotels & Resorts. The tower, set to rise 30 storeys high, will be completed by the fourth quarter of 2027 and includes integrated retail and residential spaces designed to deliver luxury living supported by world-class hospitality services.
Azha Millennium Residences presents a mix of 56 studios, 84 one-bedroom, and 56 two-bedroom apartments. Studio units begin at Dh629,000 and cover at least 375 square feet. One-bedroom apartments span up to 979 square feet, while two-bedroom options offer up to 1,746 square feet of elegant space. The design combines contemporary aesthetics with functional living, targeting affluent buyers and residents seeking premium lifestyle amenities in Dubai.
The project offers a flexible payment structure that includes a 10 percent down payment, 30 percent during construction, 10 percent at handover, and 50 percent payable over three years post-handover. This buyer-friendly plan ensures broader access for both investors and end-users.
Dubai’s market for branded residences is rapidly expanding. In 2024 alone, over 13,000 branded units were sold—representing a 43 percent increase from the previous year. With 132 existing developments hosting 43,000 luxury residences, the emirate plans to more than double this number within five years to meet growing demand.
Dubai’s attractiveness to global High-Net-Worth Individuals (HNWIs) underpins this expansion. The emirate is currently home to over 81,000 millionaires, including 237 centi-millionaires and 20 billionaires. These numbers are expected to double by 2034, as highlighted in the 2024 World’s Wealthiest Cities Report by Henley & Partners and New World Wealth.
Mohammed R. Hegazi, Managing Director of Emirates Properties Group, commented, “The introduction of Azha Millennium Residences aligns with the influx of affluent global citizens moving to Dubai. Each apartment has been carefully designed to deliver elegance and exclusivity, with Millennium’s hospitality services enriching the living experience.”
Azha Millennium Residences will also offer premium shared amenities. The ground floor will feature landscaped gardens, a swimming pool, BBQ spaces, children’s play zones, and a café lounge. The rooftop includes a scenic health club, an elevated pool, a residents’ lounge, an indoor cinema, and a recreation room. Additional benefits include concierge services, housekeeping, valet parking, wellness facilities, and over 300 parking slots spread across four podium levels.
Located strategically in Jumeirah Village Triangle, the development enjoys proximity to major attractions such as Miracle Garden, Mall of the Emirates, Palm Jumeirah, Dubai Autodrome, and Bluewaters Island, offering residents both connectivity and leisure.
Emirates Properties Group remains a leading contributor to the UAE’s residential market, with numerous projects across Ajman, Dubai, and Abu Dhabi. Azha Millennium Residences marks its third development in Dubai, further reinforcing its reputation as a trusted real estate innovator focused on quality and sustainability.
