Riviera 55
✓ Resale Available

Riviera 55

From AED 1.24M·Completed Mar 2026·20% down payment Payment
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AED 1.24M
Starting Price
Mar 2026
Handover
20% down payment
Payment Plan
Studio · Retail
Type

Project Overview

Riviera 55 is a project by Azizi Developments and forms part of the large-scale Azizi Riviera community, located in the heart of Meydan within MBR City. The building’s exterior is designed in a modern architectural style, with geometric façade lines that highlight its elegance and harmonious character. The building consists of a ground floor and eight residential floors. The project offers studios and elegant one-, two-, and three-bedroom apartments for sale, equipped with modern household appliances. Every residence comes with a balcony, and the panoramic windows provide breathtaking views of the Dubai skyline, the crystal lagoon, and lush greenery. The complex features its own extensive infrastructure, including landscaped gardens, a large swimming pool for adults and children, relaxation areas with cabanas and sun loungers, a barbecue zone, a yoga space, a cinema, an outdoor chess area, a dedicated dog park, a fully equipped gym, children’s play areas. The location ensures excellent connectivity to Dubai’s key destinations: The Meydan Hotel — 2 minutes, Meydan One Mall, Meydan Tower — 3 minutes, SZR, Al Khail, Mohammed Bin Zayed Road — 10 minutes, Downtown Dubai — 10 minutes, DIFC, Business Bay — 10 minutes, Festival City, IKEA — 10 minutes, Jumeirah Beach — 12 minutes, Dubai International Airport — 15 minutes, Global Village — 15 minutes, The Palm Jumeirah — 22 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAzizi Riviera at Meydan One
Unit TypesStudio, Retail, Apartments, Commerce
AreaAzizi Riviera at Meydan One
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

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
4.3%
NOI AED 53,290 / year
Cash-on-Cash
1.8%
Levered cashflow AED 12,535
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 80,275 / 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
Riviera 55 launch basis1,372AED 1.24MCurrent launch / asking basis
Azizi Riviera at Meydan One ready-stock comps1,700AED 1.53MIndicative resale benchmark
Azizi Riviera at Meydan One premium peer launches2,100AED 1.89MNew-launch peer set
Trophy alternative proxy2,600AED 2.34MHigher-end anchor for negotiation context

Gallery

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Riviera 55 official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Accessibility for people with disabilities
BBQ
Beach Access
Children’s pool
Club house
Covered Kids Play Area
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Leisure areas
Lobby
Lounge
Pets Allowed
Retail outlets
SPA
Security and CCTV
Shared Pool
Shared gym & fitness

Location

Azizi Riviera at Meydan One

Nearby Destinations

Meydan Racecourse — 2 mins
Downtown Dubai — 10 mins
Dubai Mall — 12 mins
Business Bay — 8 mins
Azizi Riviera at Meydan OneAzizi Riviera at Meydan OneDubai, UAE

Developer Track Record

01

Riviera 55 by Azizi Developments

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 1,235,000

04

Unit mix includes Studio, Retail, Apartments, Commerce

05

Expected handover: Mar 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

Available for Resale

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

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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