Riviera Beachfront
✓ Resale Available

Riviera Beachfront

From AED 1.40M·Completed May 2025·20% down payment Payment
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AED 1.40M
Starting Price
May 2025
Handover
20% down payment
Payment Plan
Studio · Retail
Type

Project Overview

Riviera Beachfront is a residential complex by Azizi Developments, forming part of the large-scale Azizi Riviera project located in the Meydan area of MBR City. Three towers create an elegant architectural landmark along the waterfront. The architecture features a modern design with panoramic glazing and dynamic façade lines. Each tower includes three basement levels, a ground floor, twenty residential floors, and a roof. The project offers studios, one- and two-bedroom apartments, as well as commercial spaces on the lower levels. All residences feature functional layouts, modern interiors, and panoramic glazing that fills the spaces with natural light and opens up views of the surrounding cityscape. Residents have access to a variety of amenities, including swimming pools, fully equipped fitness centers, yoga areas and zen gardens, tennis and basketball courts, children’s play zones, green parks, and walking trails. The development also features supermarkets, shops, cafés, restaurants, barbecue areas, and facilities for leisure and water sports. The complex boasts a prime location: Al Khail Road — 1 minute, Meydan Racecourse — 2 minutes, Meydan One Mall and Meydan Tower — 3 minutes, Festival City and IKEA — 10 minutes, Downtown Dubai — 10 minutes, Sheikh Zayed Road — 10 minutes, Dubai International Airport (DXB) — 15 minutes, 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: 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 60,367 / year
Cash-on-Cash
1.8%
Levered cashflow AED 14,200
Base-Case IRR
10.3%
5-year hold, levered
Payback Period
16.4 yrs
Gross rent AED 90,935 / 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 Beachfront launch basis1,554AED 1.40MCurrent 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 Beachfront — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Basketball court
Beach Access
Bike path
Dining outlets (coffee houses & restaurants)
Jogging tracks
Kids Play Area
Lagoon
Landscaped garden
Leisure areas
Park Access
Recreational areas
Retail outlets
Shared Pool
Shared gym
Tennis court
Yoga Area
Zen Garden

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 Beachfront by Azizi Developments

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 1,399,000

04

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

05

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

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