Azizi Developments Sells 70% of Fourth Phase of Riviera, MBR City, with More Units to Be Released Soon
Azizi Developments, a leading private developer in the UAE, has announced that more than 70% of the units in the fourth phase of its French Mediterranean-inspired Riviera community, located in the prestigious Mohammed Bin Rashid City (MBR City), have already been sold. The development is strategically positioned amid Dubai’s key business, leisure, and retail hubs.
The strong demand for the new phase is reflected in the diverse buyer pool, with investors hailing from 72 different nationalities. UAE nationals represent the largest group, comprising 25% of the buyers, followed by a mix of Western and European investors from the USA, UK, Australia, and Germany, who make up 35%. GCC and Middle Eastern buyers, including those from Saudi Arabia, account for an additional 10%.
Tizian H. G. Raab, Head of Public Relations and Communications at Azizi Developments, commented: “The overwhelming interest in the fourth phase of Riviera in MBR City is truly exciting for all of us at Azizi Developments. This strong demand reflects not only the appeal of MBR City as one of the most sought-after residential destinations in Dubai but also the many advantages that Riviera offers. From its impeccable design and high-quality construction to the exceptional lifestyle it provides, Riviera is set to become a vibrant community, and we are thrilled to see it take shape.”
Riviera is part of Azizi Developments’ award-winning portfolio and is set to become a new landmark in Dubai. The community will feature 75 mid- and high-rise buildings, offering approximately 16,000 residences. Inspired by the French Mediterranean lifestyle, Riviera is not just about architecture; it’s about embracing a way of life—a *joie de vivre* that celebrates spirit, community, and leisure.
The development comprises three distinct districts: a lively retail boulevard, a lagoon walk along a 2.7 km-long swimmable crystal lagoon surrounded by artisan eateries and boutiques, and Les Jardins, a sprawling, green social space designed for relaxation and community gatherings.
Due to continued demand, Azizi Developments will release more previously unseen units in the coming weeks, providing even more opportunities for potential buyers to join this exceptional waterfront community.
For more information, Azizi Developments’ Sales Gallery is located on the 13th floor of the Conrad Hotel on Sheikh Zayed Road.