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Real Estate 1 min read 37 views

Fourth Phase of Riviera by Azizi Developments Reaches 87% Completion Milestone

Azizi Developments, a prominent private real estate developer in the UAE, has announced significant progress in the fourth phase of Riviera, their French Mediterranean-inspired waterfront community. Located in the highly sought-after Mohammed Bin Rashid City, Riviera is positioned amid Dubai's key business, leisure, and retail hubs. The fourth phase is now 87% complete, with several buildings on track for completion by Q3 2024.

Within this phase, Azizi Azure stands out with its construction now 76% finished. The structural work is fully complete at 100%, while blockwork and internal plastering have reached 98%. The HVAC systems, MEP installations, and overall finishes are progressing well at 94%, 86%, and 56%, respectively. Other buildings in the fourth phase also show significant progress, with completion rates ranging from 81% to 96%.

Mr. Farhad Azizi, CEO of Azizi Developments, commented on this milestone, stating, "It is inspiring to see our mega-project come to life, with the fourth phase soon to be home to many of our valued investors and end-users. This milestone underscores our steadfast commitment to quality and timely delivery. We eagerly anticipate welcoming people to experience the unparalleled lifestyle that Riviera offers. This development exemplifies our dedication to crafting meticulously designed communities in prime locations, offering a perfect blend of luxury and convenience. We are proud to see Riviera significantly contributing to the high demand for premium, high-ROI communities in Dubai’s most strategic locations."

Riviera is a part of Azizi Developments' award-winning portfolio. It is a stylish lifestyle destination comprising 75 mid- and high-rise buildings with approximately 16,000 residences. Designed to introduce the French-Mediterranean lifestyle to Dubai, Riviera embodies not just architectural art but also a certain 'joie de vivre' — a celebration of life and an exultation of spirit. The development includes three districts: an extensive retail boulevard, a lagoon walk along its 2.7 km-long swimmable crystal lagoon featuring artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space.

Prospective buyers and investors can visit Azizi Developments’ Sales Gallery on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.

Azizi Developments announces that the fourth phase of its Riviera project in Dubai's Mohammed Bin Rashid City is 87% completewith buildings set for Q3 2024 completion

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