Azizi Riviera 27 Property Development By Azizi Developments

Last Updated on: 19th November 2024, 01:54 pm

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The Azizi Riviera 27 Property Development, crafted by the esteemed Azizi Developments, stands as a key player in Dubai’s real estate market, presenting an exquisite fusion of luxury and modernity. This ambitious project is part of the larger Riviera community located in Mohammed Bin Rashid City (MBR City) and boasts a collection of luxury apartments, emphasizing waterfront living. Featuring 69 mid-rise residential buildings, the development includes a mega retail district, mesmerizing waterfront views, and lush green spaces. Azizi Developments is known for creating stylish living environments that embody the essence of community living. Azizi Riviera 27 not only provides upscale apartments with high-end finishes but also encourages a vibrant multicultural lifestyle for its residents. The construction of Azizi Riviera 27 began in December 2018 and was completed by April 2023, with a total of 219 residential units available, including various layouts of studio, one-, two-, and three-bedroom apartments¹². To explore more about this stunning property, visit the official listing.

Key Takeaways

• Azizi Riviera 27 features a range of luxury apartments from studio to three-bedroom options.
• Located in Dubai’s vibrant Meydan area, providing easy access to major attractions.
• Construction completed in April 2023, with 219 total residential units available.
• Offers a competitive payment plan: 10% down payment, 20% during construction, and 70% on handover.
• Estimated rental yields vary, with potential ROI for one-bedroom apartments at 8%.

Introduction to Azizi Riviera 27

Azizi Riviera 27 represents a pinnacle of waterfront living in Dubai, skillfully crafted by Azizi Developments, a leading name in the local real estate market. Focused on offering luxurious residential spaces, Azizi Developments has curbed its reputation on high-quality construction and innovative designs aimed at enhancing the lifestyle aspirations of residents.

Overview of Azizi Developments

Founded in 2007, Azizi Developments is known for its impressive portfolio, valued at over USD 5 billion, which encompasses more than 100 projects at various development stages throughout the UAE³. Their commitment to excellence shines through with projects that not only emphasize unique architecture but also deliver on functionality and comfort.

Location Highlights of Azizi Riviera 27

Nestled in the heart of MBR City, Azizi Riviera 27 boasts a prime location facilitating easy access to major attractions. Close to important landmarks such as the Meydan Racecourse, it puts residents within reach of Dubai International Airport and numerous recreational facilities like malls, schools, and hospitals⁴. Residents can indulge in a lifestyle marked by convenience with various amenities close by, optimizing both comfort and accessibility.

The property development commenced construction in Q1 2018, with phases progressing towards completion, significantly enhancing the Dubai real estate landscape⁴. Upon completion, Azizi Riviera 27 will contribute to a vibrant community of over 16,000 apartments, presenting prospective homeowners and investors ample options for luxurious living³.

Features and Amenities of Azizi Riviera 27

At Azizi Riviera 27, residents can expect nothing short of stunning luxury apartments furnished with high-end finishes. The project showcases a variety of unit types, including studio apartments and one to three-bedroom options, catering to diverse lifestyles. Each apartment provides a chic living environment, reinforcing the sense of elegance that defines this community.

Luxury Apartments with High-End Finishes

These thoughtfully designed luxury apartments emphasize modern aesthetics combined with practicality. High-end finishes ensure that every space is not only beautiful but also functional, creating a home that reflects a sophisticated lifestyle. The ideal balance of style and comfort provides a haven from the buzz of city life.

Community Lifestyle and Outdoor Amenities

A vibrant community lifestyle is a hallmark of Azizi Riviera 27, where outdoor amenities abound. Residents enjoy BBQ seating areas, a zen garden, and yoga zones, fostering an atmosphere of relaxation and wellness. Additionally, children’s play areas ensure that family needs are met. The development boasts beautifully landscaped parks, a refreshing swimming pool, and a remarkable 2 km long crystal lagoon and beach, enhancing the outdoor experience and promoting a healthy lifestyle.

Investment Opportunities in Dubai Real Estate

For those seeking a lucrative investment opportunity, Azizi Riviera 27 stands out in Dubai’s dynamic real estate market. With rental prices ranging from AED 39,000 to AED 140,000 per year and an average rent of AED 59,920, investors can attract a steady stream of tenants. In the past year, 93 new rental contracts have been signed, symbolizing the area’s appeal. The rental market has seen a 7% increase over the last six months, indicating a positive upward trend in demand⁵. Furthermore, the project features an appealing payment plan, requiring only a 10% down payment at sales launch, making it accessible for many investors¹.

With its prime location, stunning modern amenities, and strong potential for rental yields—such as an 8% return on one-bedroom apartments—Azizi Riviera 27 represents a valuable addition to any real estate portfolio¹.

Conclusion

Azizi Riviera 27 stands out not just as a property development, but as a vibrant lifestyle choice nestled in one of the most desirable locations in Dubai. With its unique offering of luxury apartments and an array of amenities, including a 2 km long crystal lagoon, recreational parks, and dining options, it perfectly encapsulates the essence of urban living in the UAE. Set to complete in Q2-2023, it promises to transform the Dubai real estate landscape, appealing to both residents and investors alike⁶.

As a robust investment opportunity, Azizi Riviera 27 not only boasts potential for strong returns amidst a thriving market but embodies the dynamic lifestyle that Dubai has to offer. The appeal of its strategic location in Mohammed Bin Rashid City further enhances its desirability among local and international investors, making it a noteworthy choice for anyone looking to invest in the ever-expanding Dubai real estate sector⁷.

Interested parties are encouraged to explore this exceptional project further, as Azizi Developments continues to set standards in luxury living. For more details about Azizi Riviera 27, including pricing and floor plans, visit the official page here, and seize the opportunity to be part of this remarkable community⁶.

Source Links

1. https://www.propertyfinder.ae/en/new-projects/azizi-developments/azizi-riviera-27
2. https://propsearch.ae/dubai/azizi-riviera-27
3. https://www.constructionhq.world/issue-sections/latest-news/projects-developments/azizi-developments-accelerates-flagship-azizi-riviera-development/
4. https://propsearch.ae/dubai/azizi-riviera
5. https://www.bayut.com/to-rent/apartments/dubai/meydan-city/meydan-one/azizi-riviera/azizi-riviera-27/
6. https://ulo.ae/object/azizi-riviera-27-id-876/property/7637/
7. https://www.trackcapital.co.uk/news-articles/the-top-three-azizi-developments-to-invest-in-2023/