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UAE’s Azizi awards $259m contract to build Riviera project

Azizi Developments, one of the leading private developers in the UAE, has awarded a contract worth AED 952 Million for the construction of Phase 3 of Azizi Riviera, which will commence on April 1, 2018.

Prestige Constructions LLC has been appointed to build 13 mid–rise buildings with mixed heights of eight or ten floors, which face the Dubai Canal and the boulevard. The construction of this phase is set to be completed in Q3 of 2019.

Mirwais Azizi, Chairman of Azizi Group said: “Azizi Developments is committed to its ongoing mission to deliver premier residential real estate in Dubai at a faster pace, and Azizi Riviera is a testament to this. The real estate sector in Dubai remains vibrant and we are driven to contribute to its success by supplying high quality real estate projects that meet consumer tastes. With this project in particular, we are bringing a distinctly lifestyle offering to the city of Dubai.”

Azizi Riviera will comprise residential units on the banks of the Dubai Canal or facing the boulevard, offering residents a taste of contemporary living as well as plenty of retail and entertainment options. Its location in the heart of Dubai provides easy access to the city’s top landmarks, including Dubai Mall and Downtown Dubai.

Inspired by the French Riviera, Azizi Riviera is collectively made up of 69 mid-rise residential buildings comprising studio, one-bedroom and two-bedroom apartments, a mega integrated retail district and a four and a five-star hotel.

Azizi Developments commitment to creating unique community living projects in Dubai is also evident through its project, Azizi Victoria, which is spread over a construction area of 33 million square feet, in Mohammed Bin Rashid Al Maktoum City–District 7.

It comprises 105 mid and high-rise residential buildings of 30,000 units of studio, one-, two-, three- and four-bedroom apartments, a retail district and two hotels. While Azizi Riviera draws inspiration from the French Riviera, Azizi Victoria has themes and elements influenced by contemporary British culture and way of living.

About Azizi Developments
Azizi Developments is the real estate investment arm of Azizi Group. Established in 2007, the company’s diverse experience in the property market has led the value of its current portfolio in the emirate to over AED20billion and more than 100 projects at various stages of development.

Azizi Developments was awarded ‘Developer of the Year’ at the Construction Innovation Awards for two consecutive years in 2016 and 2017, and has been instrumental in developing some of the finest properties in The Palm Jumeirah, Meydan, Dubai Healthcare City, Al Furjan, Studio City, Sports City and Jebel Ali.

Source: www.azizidevelopments.com

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