Azizi Developments has started the handover and new launch process at Riviera in MBR City. This real estate developer also handed over the new project after launching Creek Views 1. Read How is it going? in this article.
After launching the Creek Views 1 which is located in Dubai Healthcare City. The developer successive handovers and launches. This property for sale will increase the total stock of DHCCs added 634 units and 33,341 square feet of retail space.
Concurrently, Azizi announced the beginning of Riviera Rêve. For the project information, there is the forth and also most premium process of its Riviera community in MBR City.
Inside the project contains 24 towers with a total of 5,061 residences including opulent duplex penthouses. The release occurs as more off-plan launches and releases are reported on the Dubai real estate market, and demand is perceived as sustainable.
According to Gulf News, Farhad Azizi, Azizi Development CEO said that with their first handover s in phase 1 of Riviera had taken place. And in light of the pronounced influx of high- and ultra-high-net-worth individuals to Dubai, the launch of Rêve is fitting. Moreover, he also said Dubai has been progressing in leaps and bounds as a wealth hub. The emirate is slated to witness the highest inflow of UHNWIs globally by the end of 2022. Making it one of the largest on record compared to other prominent metropolises.
As a result, at The Riviera first handover within Phase 1 implies 1,164 units are now with the real estate developer.
Look forward to our property news on the nest post.