Riviera Azure
✓ Resale Available

Riviera Azure

From AED 10.29M·Completed Jul 2025·20% down payment Payment
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AED 10.29M
Starting Price
Jul 2025
Handover
20% down payment
Payment Plan
Retail · Commerce
Type

Project Overview

Riviera Azure is a residential development by Azizi Developments and part of the large-scale Azizi Riviera project, located in the Meydan area of MBR City. The complex is designed in a modern architectural style with floor-to-ceiling glazing and vertical landscaping, inspired by the dynamic movement of the lagoon’s waters. The building consists of a ground floor, eight residential floors, and a roof. The project offers studios, one- and two-bedroom apartments, as well as exclusive penthouses with spacious terraces. All residences feature thoughtfully designed layouts, contemporary interiors, and large windows with views of the lagoon, Dubai’s skyline, and surrounding greenery. Residents enjoy a wide range of amenities: an infinity pool with cabanas and relaxation areas, a fitness center with panoramic views, a spa zone, children’s playrooms, a cinema, lounge areas, barbecue spaces, landscaped gardens, as well as premium services including laundry and a car wash. The development boasts excellent connectivity: The Meydan Hotel — 2 minutes, Meydan One Mall and Meydan One Tower — 3 minutes, SZR, Al Khail Road, MBZ Road — 10 minutes, Downtown Dubai — 10 minutes, DIFC and Business Bay — 10 minutes, Dubai Festival City and IKEA — 10 minutes, Jumeirah Beach — 12 minutes, Dubai International Airport (DXB) — 15 minutes, Global Village — 15 minutes, Palm Jumeirah — 22 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAzizi Riviera at Meydan One
Unit TypesRetail, 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 444,057 / year
Cash-on-Cash
1.8%
Levered cashflow AED 104,454
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 668,915 / 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 Azure launch basis11,434AED 10.29MCurrent 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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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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Floor Plans

Riviera Azure — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Cabanas
Club house
Covered Kids Play Area
Coworking zone
Dining outlets (coffee houses & restaurants)
Gaming Lounge
Indoor Multipurpose Space
Infinity pool
Laundry
Library
Open Kids Play Area
Outdoor cinema
Pool Lounge
Retail outlets
Shared gym & fitness
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 Azure by Azizi Developments

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 10,291,000

04

Unit mix includes Retail, Commerce

05

Expected handover: Jul 2025

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

Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence, trophy-level, or discreet high-ticket stock. We use that to filter inventory before sending options.

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Verified Listings

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

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