PRESSR: Azizi Developments’ fourth phase of Riviera advances rapidly, reaches 40% completion

Dubai, United Arab Emirates: Azizi Developments, a leading private real estate developer in the UAE, is advancing swiftly in the construction of the fourth phase of Riviera, comprising six buildings. Riviera is Azizi’s French Mediterranean-inspired waterfront community strategically located in the highly sought-after Mohammed Bin Rashid City, amid Dubai’s most important business, leisure, and retail hubs. Phase four is scheduled for a Q2 and Q3 2024 completion and is currently 40% complete.

One of the six buildings, Azizi Azure, is now 44% complete, with its structure at 100%, blockwork and internal plaster at 95% and 70%, and HVAC, MEP, and overall finishes at 14%, 25%, and 18%, respectively. The other five buildings are also progressing rapidly, with construction completion varying between 34%, 39%, 41%, and 43%, and the total workforce having been increased to 3,100.

Commenting on the rapid construction, Mr. Farhad Azizi, CEO of Azizi Developments, said: “We are thrilled about the swift progress happening in the fourth phase of our mega-project Riviera. We are eager to welcome our highly esteemed investors and end-users by 2024, as Riviera caters to the accelerating demand for strategically located and meticulously designed communities, providing an unparalleled lifestyle to its residents.”

Riviera is part of Azizi Developments’ award-winning portfolio. It is a stylish waterfront lifestyle destination comprising 75 mid- and high-rise buildings with approximately 16,000 residences.

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 on the shores of its 2.7 km-long swimmable crystal lagoon with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space.

Azizi Developments’ Sales Gallery can be visited on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.

About Azizi Developments

Azizi Developments is a leading developer based in Dubai, UAE. With tens of thousands of homes successfully delivered to local and international investors and end users of over 100 nationalities, the developer prides itself on its extensive portfolio of modern luxury developments across Dubai’s most sought-after residential and commercial destinations, its construction-driven approach, and its commitment to transparency and customer centricity. Azizi’s residential and commercial properties are investor friendly, catering to all lifestyles. The developer makes it its international mission to develop lifestyles and enrich the lives of its residents with a focus on catalyzing the vision and development of the markets that it operates in.

Azizi currently has around 40,000 units under construction that are projected to be delivered by 2027, worth several billion US dollars. The company is renowned for developing the UAE’s second tallest skyscraper, has a strong track record and sizeable project pipeline through its extensive land bank and strategic partnerships with Dubai’s key master developers, and is instrumental in developing world-class properties in MBR City, Palm Jumeirah, Sheikh Zayed Road, Dubai Healthcare City, Dubai South, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.

For further information about Azizi Developments, please contact:

Tizian H. G. Raab

Head of Public Relations and Communications, CEO’s Office

Email: tizian@azizidevelopments.com

© Press Release 2023

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