Riviera 60
Off-Plan

Riviera 60

From AED 1.88M·Handover Jun 2026·10% down payment Payment
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AED 1.88M
Starting Price
Jun 2026
Handover
10% down payment
Payment Plan
Retail · 1 BR
Type

Project Overview

Riviera 60 is a project by Azizi Developments and forms part of the large-scale Azizi Riviera community, located in the heart of Meydan in MBR City. The building includes two basement levels, a ground floor, eight residential floors and a roof. The architecture of the complex is designed in a Mediterranean style with stained glass windows and elegant facades. The project offers studios, one- and two-bedroom apartments, as well as commercial spaces. Interiors feature premium materials such as Italian marble and high-quality wood finishes. Residents have access to a wide selection of amenities: adult and children's swimming pools, private beaches for residents, a fitness center, tennis and basketball courts, water sports areas, landscaped parks with barbecue zones, children’s playgrounds. Riviera 60 enjoys excellent transport connectivity and close proximity to key city landmarks: Al Khail Road — 3 minutes, Downtown Dubai, Burj Khalifa and Dubai Mall — 8 minutes, Sheikh Zayed Road — 10 minutes, Festival City and IKEA — 12 minutes, Museum of the Future and World Trade Centre — 12 minutes, Dubai International Airport — 14 minutes, The Palm Jumeirah — 22 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAzizi Riviera at Meydan One
Unit TypesRetail, 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 80,993 / year
Cash-on-Cash
2.2%
Levered cashflow AED 19,052
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 122,005 / 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 60 launch basis2,086AED 1.88MCurrent 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 60 official render 1

Riviera 60 official render 1

Riviera 60 official render 2

Riviera 60 official render 2

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Riviera 60 official render 9

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Riviera 60 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 60 — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
BBQ
Basketball court
Children’s pool
Covered Kids Play Area
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Lagoon
Landscaped garden
Landscaped park
Lift
Lobby
Lounge
Park Access
Parking
Pool Deck
Pool Lounge
Private pool
Retail outlets
Security and CCTV
Shared gym
Sitting Area
Tennis court
Valet parking
Yoga studio

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 60 by Azizi Developments

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 1,877,000

04

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

05

Expected handover: Jun 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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