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Eye of Riyadh
Business & Money | Friday 19 April, 2024 9:57 am |
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Azizi Developments’ fourth phase of Riviera marks 73% completion

Azizi Developments, a leading private real estate developer in the UAE, has announced the accelerated construction of the fourth phase of Riviera, its 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. It is scheduled for a Q3 2024 completion, with construction currently being at 73%.

 

Part of phase four is Azizi Azure, which is now 71% constructed, with its structure at 100%, blockwork and internal plaster at 98% and 95%, and HVAC, MEP, and overall finishes at 85%, 77%, and 50%, respectively. The other buildings are also progressing rapidly, with construction completion varying between 69% and 80%, and the total workforce having been increased to 4,100.

 

Commenting on the rapid construction, Mr. Farhad Azizi, CEO of Azizi Developments, said: “We are thrilled to share the remarkable progress achieved in the fourth phase of our mega-project. With each step forward, we reinforce and manifest our promise of delivering excellence across every facet of world class project. Surpassing the impressive completion milestone of 73% underscores our relentless pursuit of quality and timely delivery. We eagerly anticipate welcoming our valued investors and future residents, inviting them to experience firsthand the unmatched lifestyle offered by Riviera. This development is a testament to our commitment to meeting the increasing demand for thoughtfully designed communities in prime locations, promising a lifestyle of unparalleled luxury and convenience.”

 

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. 

 

 

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