Riviera Azure — project image
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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
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 444,057 / year
Cash-on-Cash
2.2%
Levered cashflow AED 104,454
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 4.73M / 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

20% down payment

Published payment summary

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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

Riviera Azure location map
Project location

Nearby Destinations

Azizi Riviera at Meydan One

Developer and Project Facts

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

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RERA Registered
Qualified Buyer Flow
Property Enquiries

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

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