31 C
Wednesday, April 24, 2024

Azizi begins delivery of 1,164 homes on Riviera Phase 1


UAE-based Azizi Developments has handed over the keys to Towers 2, 4, 7, 11, 12, 13 and 14, comprising 1,164 units, in the first phase of its flagship waterfront community project Riviera in MBR City.

Riviera is part of Azizi Developments’ award-winning portfolio to bring the French-Mediterranean lifestyle to Dubai.

Riviera is a stylish waterfront lifestyle destination with plans to include 71 mid-rise buildings and approximately 16,000 residences when completed, conveniently located in all of the city’s commercial, leisure and retail hubs.

Regarding the landmark transitions, founder and chairman Mirwais Azizi said: “These transitions are of great significance to all of us at Azizi Developments and all parties involved in these world-class projects. Riviera is very close to our hearts – — This is our pride and joy, our flagship project in Dubai.”

“Handing over the keys to the first building in Phase 1 was a truly moving experience – in times and events like these we see our hard work pay off and welcome thousands of happy families to Their new home, which will enrich their lives for future generations,” Aziz said.

“They’re the reason we’re in this business and the reason we’re constantly striving for perfection. Riviera has assured them some of the best returns in Dubai, with excellent value appreciation and decent rental yields, thanks to its location in The best, most strategically positioned and growth-oriented community in a leading city. Riviera stands out for its exceptional build quality, thoughtful design, convenient accessibility, a wide variety of amenities, breathtaking Views and a unique quality community vibe,” he added.

Azizi said it is now preparing for the remainder of 2022 deliveries, which include 8,895 units across 42 projects. Earlier this week, the developer also handed over Creek Views I in Dubai Medical City, a 634-unit project worth nearly AED300 million.

He added: “We are now working on the next set of handovers on the Riviera, with more to be done this year as part of our ambitious but very realistic delivery plan.”.-TradeArabia News Service


Source link

Related Articles

Blockchain Life 2024 thunderstruck in Dubai

Blockchain Life 2024: Electrifying Insights from Dubai Dubai, April 17, 2024 - The 12th edition of the Blockchain Life Forum, known as the leading gathering...

Coca-Cola Embraces Technological Transformation with $1.1 Billion Microsoft Cloud and AI Partnership

Coca-Cola Strikes $1.1 Billion Pact with Microsoft for Cloud and AI Services Microsoft and Coca-Cola have taken their collaboration to new heights with a $1.1...

Jetronics Group moves to US and Europe Market after Covering GCC Countries – Mohammed Abdulnayeem – CEO

Jetronics Group Surges Into US and European Markets Following Success in GCC Expansion Since its inception in 2017, Jetronics Group has steadily grown its operations...

UAE Banks Offer Potential 6-Month Loan Instalment Deferral in Wake of Storm, Confirms Central Bank

UAE has confirmed that The Central Bank of the UAE are offering the possibility of deferring loan instalments for up to six months following...

Entrepreneurial Finance: A Roadmap for Startup Success.

Entrepreneurial Finance: Financing options for startups and small businesses, including venture capital, angel investment, crowdfunding, and bootstrapping. In the dynamic landscape of entrepreneurship, securing adequate...

Latest Articles