With 7 completed buildings, Phase 1 is now 98% complete.
Azizi Developments, a renowned real estate developer in the United Arab Emirates, has achieved new milestones in Riviera’s construction. It’s a French Mediterranean-inspired waterfront community located in the heart of Mohammed Bin Rashid City and known for its Dubai business, shopping and retail centre.
Phase 1 is 98% completed, on the other hand, Phases 2, 3 and 4 are 90%, 65% and 21% completed. Their estimated completion dates are Q3 2022 to Q4 2024. Riviera is part of the award-winning portfolio of Azizi Developments. It is a beautiful waterfront lifestyle destination planned to include 71 mid-rise buildings with approximately 16,000 residences.
CEO of Azizi Developments, Mr. Farhad Azizi is commenting on speedy construction – “It is encouraging to see our efforts to ensure the speed and quality of construction payments. By delicately choosing our contractors and suppliers, and sourcing building materials directly from manufacturers, we were able to substantially increase the speed of construction and take our quality standards to even greater heights.
After completing several buildings in Phase I and launching Rêve in Riviera Phase IV, our master-planned waterfront community is fast becoming a reality, one that will improve the lives of generations to come.
Azizi Developments recently launched Rêve, its 24-building, ultra-luxury phase in its Riviera project, and providing 7 buildings in phase I of Riviera, as well as the 634-unit Creek Views I development in Dubai Healthcare City developed at a value of nearly AED 300m. Currently, the developer is preparing to deliver the rest of the project in 2022, which will amount to 8,895 units across 42 projects.
Designed to present the French-Mediterranean lifestyle in Dubai, which is not only about architecture, but also about a certain ‘Joie de Vivre’: a celebration of life, an elevation of the soul, the Riviera represents a new destination historic property that is both residential and commercial, with plenty of retail space. The Riviera consists of three districts: a sprawling shopping boulevard, a lagoon-side promenade, restaurants and artisan boutiques with its 2.7km-long floating glass lagoon, and Les Jardins, a sprawling green social space and exuberant.
Azizi Development is a major developer in Dubai, United Arab Emirates. The developer feels proud of himself for an immersive portfolio of modern luxury developments in Dubai’s most famous residential destinations. Delivered more than 10 thousand homes to local and international investors and end-users from over 100 nationalities.
The developer has an international mission to develop lifestyles and enrich the lives of its residents, with insight into the markets in which it operates and a focus on catalysing growth.
Currently, Azizi has around 100 projects underway to be delivered by 2023 and has more than 100 additional projects in planning, worth several billion US dollars, projected to be delivered between 2023 and 2025. The company has a solid track record and a broad portfolio of projects. Its extensive land bank and strategic partnerships with leading Dubai developers have been instrumental in developing best-class properties in the heart of MBR City, Palm Jumeirah, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.
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