UAE-based Azizi Developments has announced that it has achieved major sales growth for its flagship masterplanned community Riviera in Dubai with the Phase One 99 per cent and Phase Two 83% already sold out. 

 

The developer’s French Mediterranean-inspired waterfront community, Riviera is located in the heart of Mohammed Bin Rashid City in the midst of Dubai’s business, leisure and retail hubs of the city. 

 

A substantial portion of the unsold units are still kept unreleased, with them being added to the available inventory shortly, said a statement from Azizi.

 

Riviera’s Phase One is now 85% complete, while Phase Two and Three have reached 80% and 50% construction completion respectively, it added.

 

On the significant sales milestone, CEO Farhad Azizi said: "With experts expecting the population of Dubai to double in the next 20 years, the demand for new residential communities is surging."

 

"We are proud that Riviera, our world-class community in one of the best, most strategically located and growth-inclined parts of the city, forms a substantial part of the outstanding offerings that satiate that demand. Riviera is truly one of a kind, with its superb build quality, easy accessibility, exceptionally comprehensive range of amenities, stunning views, and unique, premium community feel," he added.-TradeArabia News Service