Azizi Riviera 1
✓ Resale Available

Azizi Riviera 1

From AED 520,000·Completed Handed Over·60/40 Payment
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AED 520,000
Starting Price
Handed Over
Handover
60/40
Payment Plan
Studio · 1 Bedroom
Type

Project Overview

Azizi Riviera 1 is a fully completed Mediterranean-inspired residential building within the prestigious Azizi Riviera masterplan at Meydan One, Dubai — one of the most ambitious mixed-use developments in the UAE. Drawing design inspiration from the French Riviera, Riviera 1 delivers studio to 3-bedroom apartments framed by palm-lined promenades, crystalline lagoons, and panoramic views of the Dubai skyline. The development sits at the heart of Meydan One's exceptional amenity ecosystem — a crystal lagoon, a 25-km cycling track, the Meydan Racecourse, and direct access to Mohammed Bin Rashid City. Available now for immediate resale or rental, Riviera 1 commands consistent 7–9% yields from a cosmopolitan tenant base drawn to its resort lifestyle and central location.

Azizi Riviera is a 71-building, 16,000-unit masterplan development within Meydan One, directly inspired by the French and Mediterranean Riviera. The community features a 2.7km retail boulevard, a beach lagoon, promenade gardens, and an amphitheatre — creating one of the most ambitious lifestyle destinations in Dubai's history.

Project Specifications
DeveloperAzizi Developments
LocationMeydan One, Dubai
Unit TypesStudio, 1 Bedroom, 2 Bedroom, 3 Bedroom
AreaMeydan
Buildings1
OwnershipFreehold
Est. ROI7-9%

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 65/35 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 7% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
5.7%
NOI AED 29,536 / year
Cash-on-Cash
5.1%
Levered cashflow AED 12,376
Base-Case IRR
11.6%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 41,600 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Azizi Riviera 1 launch basis1,182AED 520,000Current launch / asking basis
Meydan ready-stock comps1,700AED 748,000Indicative resale benchmark
Meydan premium peer launches2,100AED 924,000New-launch peer set
Trophy alternative proxy2,600AED 1.14MHigher-end anchor for negotiation context

Gallery

Azizi Riviera 1 — View 2
Azizi Riviera 1 — View 3
Azizi Riviera 1 — View 4
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Azizi Riviera 1 — View 6

Payment Structure

60%

During Construction

60% paid in instalments throughout the construction period

40%

On Handover

40% due on key collection — ideal for post-handover financing

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Amenities & Lifestyle

Crystal Lagoon Swimming Pool
Mediterranean-Style Promenade
State-of-the-Art Gymnasium
Children's Pool & Play Zone
Beach Club Access
Landscaped Palm Boulevards
BBQ & Social Areas
Covered Parking
24/7 Security & CCTV
Retail & F&B Boulevard

Location

Nearby Destinations

Meydan Racecourse — 5 min
Ras Al Khor Wildlife Sanctuary — 10 min
Downtown Dubai & Burj Khalifa — 12 min
DIFC — 15 min
Dubai Mall — 12 min
Dubai International Airport DXB — 20 min
Business Bay — 15 min
Dubai Creek Harbour — 15 min
Meydan One, DubaiMeydanDubai, UAE

Developer Track Record

01

Studio to 3-bedroom apartments fully completed and available now

02

French Riviera-inspired architecture and promenade lifestyle

03

Crystal lagoon, beach club, and 25km cycling track on-site

04

Part of the 71-building Azizi Riviera masterplan

05

12 minutes to Downtown Dubai and Dubai Mall

06

15 minutes to DIFC and Business Bay

07

Consistent 7–9% gross rental yields

08

Freehold — 100% foreign ownership

09

Strong capital appreciation from Meydan One mega-development

10

Meydan Racecourse — 5 minutes

11

Azizi Developments — 10,000+ units delivered across Dubai

12

Immediate purchase and rental availability

Available for Resale

Ready-to-move units · Direct from owner · Verified by Astraterra

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