Page 53 - Magazine October 2022
P. 53

Property
 Construction                                                                              Contractors News






 Construction at Riviera in MBR has been accelerated  Select Group launches the final development

               of its waterfront master community, Peninsula





























             Dubai,  United  Arab  Emirates:  The  two  striking  Four, The Plaza is an exquisite tribute to the art of
             residential towers, premium waterfront lofts and a  living, being the centrepiece of the community in the
             commercial building that comprise Peninsula Four,  heart of Dubai Downtown. We are proud to bring to
             The Plaza, are the final pieces of the iconic Peninsula  the market an elevated experience of waterfront living
             master community developed by Select Group.  that we have witnessed become increasingly high in
             With all previous developments within the project  demand.»
 Azizi  Developments,  a  leading  private  real  estate  the first phase, and having launched Rêve, the fourth   successfully sold out, Peninsula Four marks the last  The two towers at Peninsula Four feature studios, one,
 developer in the UAE, has reached new milestones in  phase of Riviera, our master planned waterfront   opportunity to secure an investment in this upcoming  two,  three,  and  four-bedroom  residences  and  half-
 the construction of Riviera, its French Mediterranean-  community is rapidly becoming a reality – one that will   luxury waterfront community.  floor penthouses, while the premium waterfront lofts
 inspired waterfront community in the heart of  enhance and shape lives for generations to come.”  As  the  first  community-focused  waterfront  offer three and four-bedroom multi-story residences.
 Mohammed Bin Rashid City, in the midst of Dubai’s  Azizi Developments recently launched Rêve, its   development in Business Bay, Peninsula comprises  With uninterrupted vistas of the Dubai Canal, the
 business, leisure and retail hubs.  24-building, ultra-luxury phase in its Riviera project,   six premium residential towers, waterfront podiums  city skyline and Burj Khalifa, and access to state-of-
 Phase 1 has recorded a total construction completion  and delivered 7 buildings in the first phase of Riviera,   and commercial units. With an active and social  the-art amenities, homeowners and investors can
 of 98%, while phases 2, 3 and 4 are now at 90%, 65%  as well as the 634-unit Creek Views I project in Dubai   lifestyle at its core, the master development features  expect to experience effortless sophistication and
 and 21%, respectively. Expected completion dates  Healthcare City built at a value of nearly AED 300m.   a variety of lifestyle facilities, from tennis and padel  meticulous craftsmanship, blurring the lines between
 range between Q3 2022 and Q4 2024.  The developer is now gearing up for the remainder of   courts to running tracks and a skate park, along with  the stunning architecture and social lifestyle.
 Riviera is part of Azizi Developments’ award-winning  its 2022 deliveries, which in total amount to 8,895   family play areas.  Rich and refined, The Lofts at Peninsula Four, The
 portfolio. It is a stylish waterfront-lifestyle destination  units across 42 projects.  Peninsula Four, The Plaza, is located at the epicentre of  Plaza, welcome residents home to a relaxing refuge
 that is planned to comprise 71 mid-rise buildings with  Designed  to  introduce  the  French-Mediterranean   the community marketplace (The Plaza), showcasing a  away from the bustle of city life. Featuring three
 approximately 16,000 residences.  lifestyle to Dubai, which is not merely about   vibrant waterfront gastronomical, entertainment and  and four-bedroom duplex units, these spacious and
 Commenting on the swift construction, Mr Farhad  architectural art but also about a certain ‘joie de   retail scene. Residents and guests will find organic  exceptionally designed residences are an impressive
 Azizi, CEO of Azizi Developments, said: “It is rewarding  vivre’ — a celebration of life, an exultation of spirit,   cafés, coffee shops, boutique stores and artisan  medley of style and sophistication.
 to see our efforts in ensuring construction speed and  Riviera represents a new landmark destination that is   galleries,  fine-dining  restaurants  and local  culinary  Peninsula Four, The Plaza, offers its residents an array
 quality pay off. By carefully choosing our contractors  both residential and commercial, with an abundance   sensations, all in one destination.  of spaces to live an active lifestyle and to enjoy time
 and suppliers, and by procuring construction materials  of retail space.  Riviera  features  three districts: an   Commenting on the launch for the final phase of  with family and friends, including a private outdoor
 ourselves directly from manufacturers, we were able  extensive retail boulevard, a lagoon walk along its   development, Founder and Group Chief Executive  pool, fully equipped gymnasium, jacuzzi, kid›s play
 to increase our pace of construction substantially, all  2.7km-long swimmable crystal lagoon with artisan   Officer Rahail Aslam says: «Shaped by ideals of  area, co-working space, yoga zone and squash courts.
 while elevating our quality standards to even greater  eateries and boutiques, and Les Jardins — a vast, lush-  beauty and perfection in everyday life, The Peninsula  Peninsula Four is scheduled to be completed by Q2 2026.
 heights. Having just completed several buildings in  green social space.


 22                                                                                                             23
   48   49   50   51   52   53   54   55   56   57   58