Riviera 58
Off-Plan

Riviera 58

From AED 1.32M·Handover Jun 2026·10% down payment Payment
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AED 1.32M
Starting Price
Jun 2026
Handover
10% down payment
Payment Plan
Studio · Retail
Type

Project Overview

Riviera 58 is a development by Azizi Developments and forms part of the large-scale Azizi Riviera community, located in the heart of Meydan within MBR City. The building comprises a ground floor, eight residential floors, and a rooftop. The architecture combines the charm of Mediterranean design with contemporary elements, creating an ideal living environment. The exterior is defined by clean geometric lines and a combination of high-quality materials. The project offers a carefully curated selection of studios, as well as one- and two-bedroom apartments with spacious layouts. Each residence features premium finishes, including wood detailing, bespoke integrated lighting, and Italian marble flooring, ensuring a refined living experience. Residents have access to a wide range of amenities, including retail outlets and restaurants, a fully equipped gym, a TV lounge, swimming pools for adults and children, a multifunctional hall, an indoor children’s play area, as well as tennis and basketball courts. Additional features include an automated car wash and 24-hour security. The development is conveniently located, providing easy access to key destinations: Al Khail Road — 3 minutes, Downtown Dubai — 8 minutes, Sheikh Zayed Road — 10 minutes, World Trade Centre and Museum of the Future — 12 minutes, Festival City and IKEA — 12 minutes, Dubai International Airport — 14 minutes, and Palm Jumeirah — 22 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAzizi Riviera at Meydan One
Unit TypesStudio, Retail, 1 BR, 2 BR, 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: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 56,915 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,388
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 85,735 / 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 58 launch basis1,466AED 1.32MCurrent 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 58 official render 1

Riviera 58 official render 1

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Riviera 58 official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

10% down payment

Flexible Payment

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Floor Plans

Riviera 58 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
BBQ
Basketball court
Billiards
Children’s pool
Club house
Covered Kids Play Area
Covered gym
Coworking zone
Dining outlets (coffee houses & restaurants)
Indoor Multipurpose Space
Indoor Yoga
Landscaped garden
Landscaped park
Leisure areas
Library
Lift
Lobby
Lounge
Pool Deck
Private beach access
Retail outlets
SPA
Security and CCTV
Sitting Area
Tennis court
Valet parking

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 58 by Azizi Developments

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 1,319,000

04

Unit mix includes Studio, Retail, 1 BR, 2 BR

05

Expected handover: Jun 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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