Riviera 58 — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 56,915 / year
Cash-on-Cash
2.2%
Levered cashflow AED 13,388
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 606,740 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Azizi Developments.

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Payment Structure

10% down payment

Published payment summary

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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

Riviera 58 location map
Project location

Nearby Destinations

Azizi Riviera at Meydan One

Developer and Project Facts

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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Property Enquiries

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

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