Azizi Riviera

  • Location: Mohammed Bin Rashid City
  • Cost of investment: From USD 200 000
  • Suitable for the program: Residence permit
  • Term of construction: 2024
  • Lets reside and get residency visa: UAE
  • Ownership type: Apartments
  • Minimum tenure to maintain resident status: Whole stay
  • Object type:

    Apartments

Riviera Beachfront is an iconic new beachfront development from Azizi Developments, which is located in the community of Meydan. The exclusive development area has a crystal lagoon and residents of Riviera Beachfront will enjoy direct access to the beach. Properties in the development include studios as well as apartments with 1 and 2 bedrooms, which offer breathtaking views of the lagoon, Dubai Canal and the city skyline. Property sizes of residences range from 338 to 1006 sqft. Riviera Beachfront combines the best of the Mediterranean design with modern architecture and includes 3 mid-rise residential buildings, surrounded by luscious greenery as well as a mega integrated retail district. The main feature of the complex is an exclusive crystal lagoon spanning 1.2 mi with white sandy beaches. Various amenities within the complex consist of different sports and leisure facilities such as fully-equipped gymnasiums, cycling and jogging tracks, tennis and basketball courts, swimming pools, community beaches, luscious open spaces, water sports and much more. The Riviera Beachfront exclusive development is situated in the Meydan community, in the Nad Al Sheba 1 district. The advantageous location near Al Ain – Dubai Road, Al Meydan Road and Ras Al Khor Road provides residents fast and easy connectivity to other parts of the emirate in Dubai. Neighbouring districts of the Azizi development include Ras Al Khor Industrial Area, Dubai Design District and Al Quoz 2. Attractions such as Meydan One Mall, Meydan Racecourse, Nad Al Sheba Park and Ras Al Khor Wildlife Sanctuary can be reached in about a 10-minute drive. The Azizi Riviera Beachfront complex will be surrounded by all the necessary infrastructure, including Aster Pharmacy 170, Hartland International School, North London Collegiate School, various cafes and restaurants and much more. A vibrant retail boulevard near Riviera Beachfront will have coffee shops, retail stores and F&B outlets. Residences in Riviera Beachfront complex are a profitable investment and will generate a ROI of 9%. The starting rental price for an apartment with 2 bedrooms in the development constitutes AED 75,000 (USD 20,400) per year. Additionally, by purchasing an apartment in this complex, investors will get the right to apply for a 3-year investor visa, which will allow a family sponsorship as well. The Azizi Developments company offers profitable conditions for potential property buyers in the Riviera Beachfront complex such as a 50% DLD Fee Waiver and zero service charges for 4 years.
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Information

  • Object type Apartments
  • Ready status 2023-24
  • Income generating property Yes
  • Annual maintenance costs Yes

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