Dubai, UAE : Azizi Developments, a leading private developer in the UAE, has announced the sale of 70 % of Phase 4 of Riviera, a French Mediterranean-inspired waterfront community located in the heart of Mohammed Bin Rashid City and close to Dubai’s leading business, leisure and retail hubs.

The project has attracted investors from 72 nationalities so far, with investors from the UAE accounting for the largest share at 25%, while investors from various Western and European countries, including the United States, Britain, Australia and Germany, accounted for 35% of the total, while investors from the Gulf and Middle Eastern countries, including Saudi Arabia, accounted for 10%.

“The interest in Phase 4 of Riviera at MBR City is growing, which is something that we at Azizi Developments are delighted to see. This strong demand is a testament to the appeal of MBR City as one of the most exclusive residential destinations, as well as the many advantages of Riviera, both in terms of the quality of design and construction, and the unique lifestyle it offers to residents and visitors. With construction progressing rapidly, we look forward to seeing Phase 4 of Riviera transform into the vibrant community it was envisioned to be ,” said Tizian Raab, Director of PR and Communications at Azizi Developments.

Part of Azizi’s award-winning portfolio, Riviera is a luxury waterfront destination comprising 75 mid- and high-rise buildings, together offering approximately 16,000 residential units.

Designed to bring the French Mediterranean lifestyle to Dubai, not only in terms of its architectural aspects, but also to celebrate the joy of life and spirit, Riviera is a new landmark destination for residential and commercial purposes, with a variety of retail spaces . Riviera features three areas: a wide retail boulevard, a 2.7 km long Crystal Lagoon promenade with restaurants and shops, and Le Jardin, a large green social space .

Azizi Developments sales showroom can be visited on the 13th floor of Conrad Hotel on Sheikh Zayed Road.

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