Azizi Announces Sale of Dubai Premium Residential Units

UAE-based Azizi Developments has launched the sale of units at its premium developments - Riviera Rêve III (within the fourth phase of its French Mediterranean-inspired waterfront lifestyle community) and Park Avenue III, the third of its serene, well-connected mid-rise Park Avenue project in MBR City.

The sales launch was held at the developer’s Sales Gallery in Conrad Hotel, Sheikh Zayed Road, offering visitors the unique opportunity to snap up new units which were released throughout the day.

Riviera Rêve III comprises 24 ultra-luxury buildings with 5,061 homes featuring more than 2,600 studio apartments, as well as 1,579 one- and 876 two-bedroom units. The most exquisite of these will be the distinguished duplex penthouses, said Azizi in a statement.

Park Avenue comprises three buildings with 372 residential and 29 retail units. Each building has its own fully equipped gym and swimming pool.

According to Azizi, work is progressing swiftly, with the structures of Park Avenue I, II and III now all being 99% complete and the total workforce having been increased to 675 to further accelerate construction.

CEO Azizi said: "We are confident that the release of these additional Rêve and Park Avenue units excites those looking to invest in Dubai as much as it does us. With the first buildings that had been launched recently seeing an immense demand and selling out exceptionally fast, we have decided to grant more investors the opportunity to secure themselves one of these prestigious homes, earlier than we had originally planned."

"We adjust our pace of unit releases to market demand, and that has been exceeding our own forecasts in recent months. Sales are surging across all of our projects, with an increasing number of European buyers choosing to invest here, and global confidence in the market rising substantially," he added.