Azizi Development made the largest individual private-sector donation in the UAE’s history, contributing AED3 billion to the Fathers’ Endowment campaign. This is especially true since its investment returns will be allocated to ensuring a steady flow of support for the healthcare and education sectors worldwide, both closely tied to people’s most basic needs.
The Mohammed bin Rashid Endowment District is a state-of-the-art urban model aligned with Dubai’s vision for future cities, integrating modern housing, healthcare and education in one location to enhance quality of life. Marking a shift in philanthropic practice and serving as a leading model of sustainable, development-focused endowment, the project strengthens the UAE’s leadership in philanthropy through its integrated investment model that ensures sustainable, long-term funding to support humanitarian goals in healthcare and education.
The project’s state-of-the-art hospital and specialized medical college will position the district as a centre of medical excellence by providing high-quality care and offering a comprehensive environment to educate and train new generations of doctors and health professionals. Returns from its residential, healthcare and educational facilities will ensure the sustainability of philanthropic efforts, being ultimately allocated to support education and healthcare initiatives worldwide.
During the launch event, His Highness Sheikh Mohammed was apprised about key details, plans, and facilities related to the project and the attention accorded to various aspects to ensure conformance to the highest standards of quality of life, efficiency, and sustainability.
His Highness said: “Today, we launched the Mohammed bin Rashid Endowment District as a leading endowment project that brings together healthcare, education, and housing facilities.” His Highness Sheikh Mohammed bin Rashid Al Maktoum added: “The new endowment project reflects the UAE’s civilizational ethos and stands as a symbol of compassion, generosity, and the spirit of solidarity that defines our society. This project will ensure a continuous flow of funding and a lasting impact in support of the healthcare sector, thereby enhancing the efficiency of humanitarian efforts in this vital field.”
His Excellency Al Gergawi added: “The endowment project will serve as an inspiring model and a benchmark for future initiatives at MBRGI, which consistently works to broaden positive impact on individuals and communities and to ensure sustainable development across areas that directly affect people’s lives.”
Mirwais Azizi, Founder and Chairman of Azizi Developments, said: “We are proud to be part of this pioneering endowment project that bears the name of His Highness Sheikh Mohammed bin Rashid Al Maktoum. We are committed to social responsibility and keen to support the humanitarian programmes and projects implemented by MBRGI.” He added: “The Mohammed bin Rashid Endowment District reflects the humanitarian mission and spirit of generosity and solidarity that define the UAE. We consider this project a milestone in the history of charitable work in the UAE and a model for leveraging real estate investments to serve noble humanitarian goals.”
The master plan for the Mohammed bin Rashid Endowment District, under the umbrella of the MBRGI, includes a state-of-the-art 250-bed hospital capable of handling over 90,000 cases annually. The Endowment District spans 2 million square feet, with total investments of AED4.7 billion, of which AED330 million is contributed by a group of investors. The hospital will feature dedicated housing for medical staff, a medical college, and two schools covering all educational stages, with a combined capacity of 5,000 students. It also features 25 endowment buildings with more than 2,000 diverse residential units to suit different lifestyles, along with service facilities and retail outlets, creating a vibrant community that will host over 12,000 residents and visitors daily.
Ensuring the highest quality of life, the project will be enhanced by integrated infrastructure, including open green areas, a boulevard, a mosque, and thousands of parking spaces, making it a standout destination that blends comfort, efficiency, and sustainability.
