Azizi Developments, one of the leading UAE-based real estate development companies, announced that it has finished 20% of Azizi Riviera, its waterfront master development.
In his comment on the project progress announcement, Mirwais Azizi, chairman of Azizi Group explains that Azizi Riviera stands out among other similar projects and developments due to the lucrative return on investment it offers to the interested investors and home owners specially as the anticipated Dubai Expo 2020 draws near.
Situated in Meydan One on the Dubai Canal banks, Azizi Riviera is a $3.3bn mixed-use master development that comprises mid-rise building that will consist of 7 – 10 floors each to include a total of 16,000 residential units. The ground floor works of the project buildings have been completed.
Launched in 2017, Azizi riviera will be developed over four phases; the first two phases are scheduled to be completed within the first quarter of 2019 while the third and fourth phases will be finished within the third quarter of the same year.
With its location in one of Dubai’s best investment attractions, Azizi Riviera offers its residents a quick access to some of the best destinations in Meydan One including Meydan One Mall and the Meydan Race Course, which hosts the Dubai World Cup.