Azizi Developments Releases 18 More Floors At Beachfront In ...| MENAFN.COM

Tuesday, 09 August 2022 11:36 GMT

Azizi Developments Releases 18 More Floors At Beachfront In Riviera, MBR City


(MENAFN- Mid-East.Info)

The developer has released an additional 120 units spread across 18 floors at its Beachfront project due to popular demand

Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has just released 120 more units across 18 floors at its Beachfront project in the third phase of Riviera, the developer's French Mediterranean-inspired residential and commercial waterfront community in MBR City. The units enjoy direct access to – and stunning views of – Azizi's newly announced 2.7-kilometre-long crystal lagoon. 

This move comes in light of the project selling out rapidly to local and international investors, with Azizi having to release new, previously withheld and unseen units to satiate the surging demand. Beachfront had sold out nearly 40% within just one month of being launched.

Offering beachfront living in the heart of Dubai, the latest three 14-storey developments, with 252 studios, 84 one-bedroom apartments, 84 two-bedroom homes and 19 retail spaces totalling 439 units, are highly sought-after. Each of the buildings, set on the shores of Azizi's 2.7-kilometre-long swimmable crystal lagoon, features direct beach access, its own swimming pool, vast landscaped areas, a fully equipped gym, a barbeque area, a children's playground and games, as well as a yoga space. Additionally, the community as a whole will comprise several basketball and tennis courts, an extensive jogging and cycling track, and countless other facilities, offering residents a vibrant living experience that fosters a true sense of belonging.

Commenting on the release, Mr Farhad Azizi, Chief Executive Officer of Azizi Developments, said:“It excites us to see this exceptional high-end project sell out so rapidly. We take great pride in responding to the surging demand with the release of 120 more units. This is a testament to the success of Beachfront, and Riviera as a whole, with it representing a distinguished value-add to Dubai's awe-inspiring skyline. Riviera is truly one of the – if not the – most growth-inclined, strategically located, well-connected, and highly esteemed addresses of the emirate. It is a premium community for which no expense was spared, one with a build quality that will meet and far surpass investor expectations, and with a remarkably wide range of amenities, including its vast beach-like lagoon. Riviera is a manifestation of all our values – from customer centricity and investor friendliness all the way to sustainability and sophistication in design.”

Azizi Developments is now gearing up for the remainder of its 2022 deliveries, comprising a total of 8,895 units across 42 projects. 

Riviera is part of Azizi Developments' award-winning portfolio. It is a stylish waterfront-lifestyle destination located in the heart of MBR City that is planned to comprise 71 mid-rise buildings with approximately 16,000 residences upon its completion, conveniently located in the midst of all the business, leisure and retail hubs of the city.

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 with artisan eateries and boutiques, and Les Jardins — a vast, lush-green social space. 

Recently, Azizi Developments announced the 2.7-kilometre-long swimmable crystal lagoon will be completed much sooner than expected, covering an area of over 130,026 square metres that will stretch across the entirety of the community. With stunning blue flooring, filled with more than 51.5 million gallons of crystal-clear, desalinated, and clean water that residents can swim in, and easily accessible via its lagoon walk — which will also feature a vast variety of artisan eateries and boutiques — Azizi's lagoon will be a bustling space where residents can enjoy strolls along the beach-like shores, sunbathe and cool off.

With its strategic location near the upcoming Meydan One Mall and the Meydan Racecourse — home of the Dubai World Cup — as well as Dubai's most noteworthy points of interest, Riviera represents one of Azizi Developments' most coveted projects.

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 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 catalysing the vision and development of the markets that it operates in. 

Azizi currently has approximately 100 ongoing projects that are to be delivered by 2023, and an additional 100+ projects in planning, worth several billion US dollars, that are projected to be delivered between 2023 and 2025. The company 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, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Downtown Jebel Ali.

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