Azizi Developments’ Riviera Rêve is now 40% sold to over 35 nationalities

  • Date: 20-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Azizi Developments’ Riviera Rêve is now 40% sold to over 35 nationalities

Dubai, United Arab Emirates: Azizi Developments, a leading private developer in the UAE, has sold over 40% of its units at Rêve, part of the developer’s fourth and most prestigious phase of its French Mediterranean-inspired waterfront lifestyle community Riviera, located in the heart of MBR City. The units were sold to 35 different nationalities.

Azizi has disseminated its sales data, indicating a growing interest from both local and international investors. Russian citizens make up the majority of its Rêve customer base, representing 26.67% of the total sales. The nationality breakdown also shows a surging demand from Iraqi investors, making up 10%, while 8.33% are from the Kingdom of Saudi Arabia and another 6.67% are from German investors. Other nationalities who also snapped up units in the highly coveted projects include Algerian, Colombian, Indian, and Italian investors, among others.

Azizi has made substantial investments to cater to foreign buyers, as seen by the inauguration of its virtual property tours, video calling consultations, foreign sales offices, road shows, and fly-in programme, among many other impactful initiatives.

Mr Farhad Azizi, CEO of Azizi Developments, said: “Dubai is the most welcoming city, and, therefore, it comes as no surprise that it attracts a large number of international