UAE-based Azizi Developments has announced that construction has begun on the fourth phase of Riviera, its flagship master planned French Mediterranean-inspired project in MBR City, Dubai.
Azizi’s fourth phase of Riviera is built with a project value of AED4 billion and will comprise 5,061 units, featuring around 2,606 studios, 1,579 one-bedroom and 876 two-bedroom homes.
All buildings will come with gyms, two swimming pools, saunas, steam rooms and children’s play areas, and are surrounded by vast green open spaces and other amenities, the developer said.
Construction at Riviera is progressing swiftly, with the first phase now being 85 percent complete, the second phase having reached more than 70 percent, and the third phase already being over 40 percent constructed.
The first homes in Riviera’s phase 1 will be handed over this summer, with the last keys of phase 4 homes being given to Azizi’s investors and end users by the end of 2022, marking the completion of the entire megaproject.
Mirwais Azizi (pictured below), founder and chairman of Azizi Developments, said: “We are excited to expand Riviera, our pride and joy in Dubai’s most sought-after residential destination, with yet another phase.
“The investor response to this community development has been phenomenal, surpassing our expectations – naturally, we are now adding to it to grant even more families the many benefits of this ideally located, well-connected, and carefully designed landmark community.”
Azizi’s Riviera will eventually comprise approximately 16,000 residences spread across three districts – an extensive retail boulevard, a canal walk with artisan eateries and boutiques, and Les Jardins — a lush-green social space.
The community will also feature a cycling and jogging path throughout and several water features.
Azizi currently has about 100 ongoing projects that are to be delivered between 2020 and 2023, and an additional 100+ projects in planning that are projected to be delivered between 2023 and 2025.
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