Azizi Developments has started the construction of its expansion of Riviera Phase 3. Riviera, Azizi’s flagship master-planned French Mediterranean-inspired lifestyle community situated in MBR City, Azizi’s third phase of Riviera will be built at a construction value of $272 million, and overall value of AED 2bn.
Riviera Phase 3 will include 3,671 units, featuring around 994 studios, 2,142 one-bedroom, 508 two-bedroom, and 27 three-bedroom homes. All buildings will comprise with fully equipped gyms, two swimming pools, saunas, steam rooms, and children’s play garden areas, and are nearby vast green open spaces and other amenities.
“We are excited to expand the 3rd phase of Riviera, our pride and joy in Dubai’s most sought-after residential destination” Founder and Chairman Mirwais Azizi stated.
“The investor response to the first two phases, as well as to the first buildings in the 3rd phase, has been phenomenal, excellent our expectations – naturally, we are now adding to it to grant even more families the many advantages of this ideally located, well-connected, and carefully designed landmark community,” he added.
A stylish waterfront-lifestyle destination located in the heart of MBR City, Riviera is planned to include approx 16,000 residences that are conveniently located in the middle of all the business, vacation, and retail hubs of the city.
Construction work is progressing swiftly, with Phase One of Riviera now over 60% complete, the second phase around 37%, and the third phase already over 22% constructed.
The homes offer superb views of the city’s skyline and ensure liberal space, spread across three districts: an extensive retail boulevard, a canal walk with artisan restaurant and boutiques, and Les Jardins — a lush-green social space.
“We look forward to enriching their lifestyles and remain steadfast in our commitment to catalyzing the vision and development of this great emirate’s, one that continues to show its true merits as one of the safest, most liveable, innovative and forward-looking cities in the world,” he added