Real Estate

Azizi Developments, a front line private developer in the UAE, has begun the development of its extension of Riviera Phase 3. Riviera, Azizis flagship master-planned French Mediterranean-inspired lifestyle society situated in MBR City, Dubais most sought-after residential address by sales transactions, move-in requests and property prices, is being extended due to great demand. Azizis third phase of Riviera will be built at a production value of AED 1bn, and overall value of AED 2bn.

Riviera Phase 3 will now include 3,671 units, highlighting around 994 studios, 2,142 one-bedroom, 508 two-bedroom and 27 three-bedroom homes. All buildings will come with fully equipped gyms, two swimming pools, saunas, steam rooms and childrens play areas, and are enclosed by large green open areas and additional facilities.

Reflecting on the Phase 3 development, Mr Mirwais Azizi, Founder and Chairman of Azizi Developments, said: We are delighted to open the third phase of Riviera, our contentment and joy in Dubais most sought-after private destination. The investor answer to the first two phases, as well as to the first homes in the third phase, has been remarkable, surpassing our expectations naturally, we are now continuing to it to grant even more families the many advantages of this ideally located, well-connected, and precisely designed landmark community.

Riviera interests families from all countries and walks of life we look ahead to improving their lifestyles and remain faithful in our responsibility to catalysing the idea and development of this great emirate, one that remains to show its true merits as one of the safest, most liveable, innovative and forward-looking cities in the world, he added.

Azizis Riviera, a stylish waterfront-lifestyle address located in the heart of MBR City, is designed to include nearly 16,000 residences that are conveniently positioned amid all the business, leisure and retail hubs of the city. Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not simply about architectural art but also about a special joie de vivre a celebration of life, an exultation of life, Riviera represents a new landmark.

The homes offer spectacular panoramas of the citys skyline and secure bountiful space, spread across three districts: an expanded retail boulevard, a canal walk with artisan eateries and boutiques, and Les Jardins a lush-green social space. Construction at Riviera is growing swiftly, with the first phase now being over 60% complete, the second phase has relinquished over 37%, and the third phase already being over 22% constructed.

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