{"id":42303,"date":"2017-01-30T23:12:42","date_gmt":"2017-01-30T16:12:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/?p=42303"},"modified":"2017-01-30T20:24:23","modified_gmt":"2017-01-30T13:24:23","slug":"riviera-group-launches-dh125-million-la-riviera-apartments-in-dubai","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/riviera-group-launches-dh125-million-la-riviera-apartments-in-dubai\/","title":{"rendered":"Riviera Group launches Dh125 million La Riviera Apartments in Dubai"},"content":{"rendered":"


\nProperty developer Riviera Group has launched a 22-storey apartment block in Jumeirah Village Circle (JVC) worth Dh125 million.La Riviera Apartments will contain 144 mainly one and two-bedroom properties that will range in price from Dh575,000 to Dh1.1 million. There will also be two ground floor retail units.Work on the building, which is on a plot close to the existing La Riviera Estates apartments and town houses development in JVC, is already about five months in, according to Riviera Group’s managing director, Abdul Raul Razzak.The project has been designed by building consultancy Bel-youhah and piling work is under way. Main contractor Union Contracting is expected to finish the building during the last quarter of 2018.La Riviera Apartments will contain community facilities including a pool, a “retreat lounge”, two barbecue zones for entertaining guests and a health club. Mr Razzak said that the project was being funded through a mix of debt and equity. “We have financed from our own sources for the land. We have got bank finance to support the project – that has been approved,” he said.Iseeb Rehman, the chief executive of real estate consultancy Sherwoods, which has advised on the development, said that it is aimed at investors and first-time buyers. He said that although the luxury end of the market had experienced price declines of about 9 per cent last year, more affordable units of Dh500,000 to Dh1m were subject to uplifts in value of about 11 per cent.”Dubai is one of those places that if you price the right product, it will sell. If you can take away the gizmos and the frills from it, it reflects in the value straight away.”He added: “People are a lot more educated, they have a lot of information at their fingertips, so they are able to ascertain value. When they are making an investment decision, it doesn’t take them long.”The project is Riviera Group’s seventh launch to date, with the company completing 969 units in buildings with a total of 1.45 million square feet of space. These have been delivered in Dubai Marina, International City and Jumeirah Village Circle. Riviera Group also has three more projects in the pipeline – La Riviera Suites in Jumeirah Village Triangle is currently in its design phase and is likely to be launched later this year, while a pair of schemes known as La Riviera Heights and La Riviera Horizon remain in the planning phase for the Meydan Horizon development close to Ras Al Khor.mfahy@thenational.aeFollow The National’s Business section on Twitter
\n
\nSource : thenational.ae
\nRead more…Riviera Group launches Dh125 million La Riviera Apartments in Dubai<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Property developer Riviera Group has launched a 22-storey apartment block in Jumeirah Village Circle (JVC)...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-42303","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-b0j","jetpack-related-posts":[{"id":76646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubais-french-riviera-replica-to-begin-next-phases-in-february\/","url_meta":{"origin":42303,"position":0},"title":"Dubai's French Riviera replica to begin next phases in February","date":"January 14, 2018","format":false,"excerpt":"\r First two phases of Azizi Riviera will be completed in early 2019 followed by the next two later in the year\r \r Source : arabianbusiness.com\r Read more...Dubai's French Riviera replica to begin next phases in February","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":71725,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/wildfire-risk-fails-to-damp-down-demand-on-french-riviera\/","url_meta":{"origin":42303,"position":1},"title":"Wildfire risk fails to damp down demand on French Riviera","date":"November 14, 2017","format":false,"excerpt":"\r The C\u00f4te d\u2019Azur is back in vogue as the Macron effect stirs new confidence in the market\r \r Source : ft.com\r Read more...Wildfire risk fails to damp down demand on French Riviera","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uaes-azizi-awards-259m-contract-to-build-riviera-project\/","url_meta":{"origin":42303,"position":2},"title":"UAE's Azizi awards $259m contract to build Riviera project","date":"March 21, 2018","format":false,"excerpt":"\r Developer hires Prestige Constructions to build phase 3 of mega project; completion scheduled for Q3 2019\r \r Source : arabianbusiness.com\r Read more...UAE's Azizi awards 9m contract to build Riviera project","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152648,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dubai-real-estate-azizi-developments-announces-58-completion-of-riviera-beachfront\/","url_meta":{"origin":42303,"position":3},"title":"Dubai real estate: Azizi Developments announces 58% completion of Riviera Beachfront","date":"May 5, 2025","format":false,"excerpt":"\r As construction progresses, Azizi Developments continues to make strides in delivering a French Mediterranean-inspired waterfront community in MBR City, advancing luxury waterfront living\r \r Source : arabianbusiness.com\r Read more...Dubai real estate: Azizi Developments announces 58% completion of Riviera Beachfront","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/05\/Riviera-Beachfront-I-construction-2-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":32663,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parc-riviera-rolls-out-one-tier-prices-for-early-buyers\/","url_meta":{"origin":42303,"position":4},"title":"Parc Riviera rolls out one-tier prices for early buyers","date":"November 2, 2016","format":false,"excerpt":"\r Units of the same type from the second floor to the 15th floor will carry the same prices, said developer EL Development. Property developer EL Development will offer a one-tier pricing scheme for its Parc Riviera condominium during the project\u2019s soft launch this Saturday, reported The Straits Times. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":79926,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cairnhill-mansions-riviera-point-sold-en-bloc\/","url_meta":{"origin":42303,"position":5},"title":"Cairnhill Mansions, Riviera Point sold en bloc","date":"February 15, 2018","format":false,"excerpt":"\r Aerial view of Cairnhill Mansions at Cairnhill Road. (Photo: CBRE) Singapore\u2019s collective sales market continues to sizzle with the sale of Cairnhill Mansions and Riviera Point for $362 million and $72 million respectively, revealed marketing agent CBRE. Nestled on a 43,103 sq ft site, Cairnhill Mansions was sold to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42303"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=42303"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/42303\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=42303"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=42303"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=42303"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}