Azizi Riviera 21 Property Development By Azizi Developments
Last Updated on: 4th November 2024, 02:41 pm
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Azizi Riviera 21 stands out as a premium property development by Azizi Developments, located in the esteemed Mohammed Bin Rashid City (MBR City), Dubai. This luxurious project showcases modern architecture influenced by French Mediterranean design, offering a diverse range of housing options from cozy studios to expansive three-bedroom apartments, tailored to meet the needs of discerning residents. Highlighted by its commitment to luxury waterfront living, Azizi Riviera 21 integrates high-end retail outlets and exceptional amenities that enhance daily life for its residents. Positioned near iconic landmarks such as the Meydan Racecourse and vibrant Downtown Dubai, this development elevates its status as a top contender in the competitive Dubai property market.
The construction of Azizi Riviera 21 commenced in October 2017 and reached completion in January 2023, featuring a 10-storey residential building with a total of 144 units, including studios and one- to two-bedroom apartments. Residents will enjoy approximate commute times of 15 minutes to Dubai Mall and 25 minutes to Palm Jumeirah, amongst other attractions. Nearby educational institutions, such as Hartland International School and North London Collegiate School Dubai, have received commendable ratings, contributing to the area’s appeal.
With a thoughtful payment plan requiring a 10% down payment at launch and additional payments during construction, Azizi Riviera 21 represents a solid investment opportunity. Explore more details and options available through this link.
Key Takeaways
- Azizi Riviera 21 offers a blend of luxury and modern architecture in Dubai.
- The development comprises 144 residential units catering to various preferences.
- Commuting to key destinations is convenient from this prime location.
- Educational institutions nearby provide quality education options.
- A structured payment plan facilitates investment in this luxury property.
Overview of Azizi Riviera 21
Azizi Riviera 21 exemplifies the essence of luxury waterfront living, showcasing a stunning residential environment in one of the most sought-after locations in Dubai. Surrounded by serene landscapes and a crystalline lagoon, residents experience an extraordinary lifestyle that seamlessly blends leisure, comfort, and community.
Luxury Waterfront Living
This development features 144 units, including studios, one- and two-bedroom apartments, catering to diverse lifestyle needs. Azizi Riviera 21 offers breathtaking views combined with a community atmosphere full of family-friendly activities. Outdoor amenities allow for a balanced lifestyle, incorporating various dining and shopping experiences that enhance the overall living experience. The lush landscaping and leisure facilities contribute to the vibrant community feel, making it an ideal choice for individuals and families alike.
Prime Location in Dubai
Situated in the heart of Meydan, Azizi Riviera 21 provides convenient access to essential amenities and attractions. Commute times from this prime location in Dubai include just 15 minutes to Dubai Mall and 18 minutes to the Dubai International Airport (DXB). Residents benefit from nearby schools, such as Hartland International School, along with entertainment districts that host Ladies Nights and Brunch events. Proximity to notable attractions like Ras Al Khor Wildlife Sanctuary, Kidzania, and various shopping destinations enhances the appeal of this extraordinary property12.
Modern Amenities and Features
Azizi Riviera 21 is a remarkable development that prioritizes the integration of modern amenities designed to elevate lifestyle standards for its residents. The property offers a blend of comfort and sophistication that enhances daily living and entertainment.
Residential and Retail Facilities
This community includes a variety of affordable luxury apartments, ensuring that residents have options that suit their needs and preferences. Facilities such as multiple swimming pools, a state-of-the-art gym, and wellness amenities are readily accessible, creating a holistic living environment. Additionally, residential and retail facilities are seamlessly intertwined, allowing easy access to shops and dining experiences right from home.
Community and Lifestyle Enhancements
Residents at Azizi Riviera 21 benefit from an array of community and lifestyle enhancements tailored to promote an active and engaging lifestyle. Proximity to esteemed schools like North London Collegiate School Dubai and Hartland International School ensures quality education options for families. Furthermore, the area has shown promising real estate trends, with the average asking price for a flat at approximately AED 996,489, reflecting a +17% increase over the past six months3. The potential return on investment for apartments reaches up to 7.71%, highlighting the attractiveness of this development for potential buyers3.
Investment Opportunities at Azizi Riviera 21
The Dubai property market is experiencing a remarkable transformation, and Azizi Riviera 21 stands out as a prime real estate investment opportunity. With modern living amenities and a strategic location, this development is tailored for those looking to invest in Dubai real estate. Investors can benefit from a thoughtful payment plan: 10% down payment at the sales launch, followed by 20% during construction, and the remaining 70% due upon handover2.
Real Estate Market Insights
Current trends in the Dubai property market indicate strong demand for luxury properties. For instance, a studio apartment at Azizi Riviera was sold for 570,000 AED, while a 1-bedroom apartment sold for 900,000 AED2. This reflects the potential for solid rental yields, which are projected at an ROI of 8% for 1-bedroom apartments, generating an estimated rental income of 53,149 AED annually2. The demand is mirrored in the rental market, with 2-bedroom apartments offering an ROI of 7%, alongside an estimated rental price of 81,701 AED, ensuring viability for investors.
Growth Potential in Dubai
The growth potential in Dubai’s real estate sector is vast, particularly with Azizi Riviera 21’s diverse offering of unit types and sizes. Each apartment is designed to attract a range of tenants, fueling demand and sustaining appreciation in property values. The availability of authorized agencies such as WAWI REAL ESTATE L.L.C ensures meticulous management and guidance for investors, making investment in Dubai real estate an informed and secure process2.
Conclusion
In summary, the Azizi Riviera 21 Property Development By Azizi Developments encapsulates the essence of luxury waterfront living combined with investment potential in the heart of Dubai. With its diverse range of residential options, from chic studio apartments to spacious four-bedroom penthouses, the development is designed to cater to varied lifestyles and preferences, ensuring that residents enjoy a high standard of living.
The ongoing growth in the Dubai property market further enhances the desirability of Azizi Riviera 21 as both a luxurious residence and a sound investment. Its strategic location in Meydan offers residents stunning views and accessibility to essential amenities, making it a coveted destination for families and professionals alike. The exceptional facilities, including an infinity pool and children’s play area, create an inviting community atmosphere that promotes an active and fulfilling lifestyle.
As potential investors look toward opportunities that promise both luxury and returns, Azizi Riviera 21 stands out as a compelling choice. By combining innovative design and thoughtful amenities, Azizi Developments continues to set new benchmarks for high-end living, solidifying its reputation in the competitive Dubai property market. Ultimately, this project not only represents a home but also embodies a lifestyle synonymous with elegance and excellence, making it a brilliant option for discerning buyers. For more insights into this remarkable development, check out Azizi Riviera Azure4.
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Source Links
- https://propsearch.ae/dubai/azizi-riviera-21
- https://www.propertyfinder.ae/en/new-projects/azizi-developments/azizi-riviera-21
- https://www.bayut.com/for-sale/apartments/dubai/meydan-city/meydan-one/azizi-riviera/azizi-riviera-21/
- https://www.trackcapital.co.uk/news-articles/the-top-three-azizi-developments-to-invest-in-2023/