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Dubai, United Arab Emirates, 25 January 2022: Azizi Developments, a leading private real estate developer in the UAE, has announced that only 1% of phase 1 of its flagship master planned community Riviera is unsold, while 83% of its second phase is already sold out. Riviera, Azizi’s French Mediterranean-inspired waterfront community, is located in the heart of Mohammed Bin Rashid City in the midst of Dubai’s business, leisure and retail hubs of the city. A substantial portion of the unsold units are still kept unreleased, with them being added to the available inventory shortly.
Riviera’s phase 1 is now 85% complete, while phase 2 and 3 have reached 80% and 50% construction completion respectively.
Commenting on the significant sales milestone, Mr Farhad Azizi, CEO of Azizi Developments, said: "With experts expecting the population of Dubai to double in the next 20 years, the demand for new residential communities is surging. We are proud that Riviera, our world-class community in one of the best, most strategically located and growth-inclined parts of the city, forms a substantial part of the outstanding offerings that satiate that demand. Riviera is truly one of a kind, with its superb build quality, easy accessibility, exceptionally comprehensive range of amenities, stunning views, and unique, premium community feel. We are delighted to see the demand reflect that, with every additional sale being a testament to the hard work that we, as well as all of our diligent stakeholders, put in.”
Riviera is part of Azizi Developments’ award-winning portfolio. It is a stylish waterfront-lifestyle destination located in the heart of Mohammed Bin Rashid City, conveniently located in the midst of all the business, leisure and retail hubs of the city.
Designed to introduce the French-Mediterranean lifestyle to Dubai, which is not merely about architectural art but also about a certain ‘joie de vivre’ — a celebration of life, an exultation of spirit, Riviera represents a new landmark destination that is both residential and commercial, with an abundance of retail space. Riviera features three districts: an extensive retail boulevard, a lagoon walk with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space.
Recently, Azizi Developments announced the addition of a 2.7-kilometre-long crystal lagoon to Riviera, covering an area of over 130,026 square metres that will stretch across the entirety of the community. With stunning blue flooring, filled with more than 51.5 million gallons of crystal-clear, desalinated and clean water that residents can swim in, and easily accessible via its lagoon walk — which will also feature a vast variety of artisan eateries and boutiques — Azizi’s lagoon will be a bustling space where residents can enjoy strolls along the beach-like shores, sunbathe and cool off.
With its strategic location near the upcoming Meydan One Mall and the Meydan Racecourse — home of the Dubai World Cup — as well as Dubai’s most noteworthy points of interest, Riviera represents one of Azizi Developments’ most coveted projects.
Azizi Developments' Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.