Real Estate
Azizi Developments’ fourth phase of Riviera advances rapidly, reaches 40% completion
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.