Riviera Rêve
Off-Plan

Riviera Rêve

From AED 2.34M·Handover Jul 2026·10% down payment Payment
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AED 2.34M
Starting Price
Jul 2026
Handover
10% down payment
Payment Plan
Retail · 1 BR
Type

Project Overview

Riviera Rêve is a residential development by Azizi Developments and part of the large-scale Azizi Riviera project, located in the Meydan area of MBR City. Three towers in a modern architectural style with vertical landscaping and floor-to-ceiling glazing form an elegant ensemble along the crystal lagoon. The buildings consist of three basement levels, a ground floor, and twenty-six residential floors. The project offers studios, one-, two-, and three-bedroom apartments, as well as commercial spaces on the lower levels. All residences feature spacious layouts, contemporary interiors, large windows, and balconies with views of the lagoon and Dubai’s skyline. Residents enjoy a wide variety of leisure and lifestyle amenities: an infinity pool, a fully equipped gym, a business lounge, high-end dining and retail outlets, children’s play areas, an outdoor cinema, a home theatre, barbecue areas, lounge spaces, and walking trails. The development also offers laundry service and customized carwash cleaning. The complex 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 — 15 minutes, Global Village — 15 minutes, Palm Jumeirah — 22 minutes.

Project Specifications
DeveloperAzizi Developments
LocationAzizi Riviera at Meydan One
Unit TypesRetail, 1 BR, 2 BR, 3 BR, 5 BR, Apartments, Penthouse, 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 100,971 / year
Cash-on-Cash
2.2%
Levered cashflow AED 23,751
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 152,100 / 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 Rêve launch basis2,600AED 2.34MCurrent 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

10% down payment

Flexible Payment

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Floor Plans

Riviera Rêve — 1 Bedroom Floor Plan

Amenities & Lifestyle

BBQ
Broadband Internet
Cabanas
Cinema
Club house
Covered Kids Play Area
Dining outlets (coffee houses & restaurants)
Event Lawns
Indoor Yoga
Infinity pool
Kids Club
Laundry
Leisure areas
Library
Lift
Lobby
Lounge
Meeting Room
Outdoor cinema
Parking
Pool Deck
Retail outlets
Shared gym & fitness
Sitting Area
Social zone

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 Rêve by Azizi Developments

02

Located in Azizi Riviera at Meydan One

03

Starting from AED 2,340,000

04

Unit mix includes Retail, 1 BR, 2 BR, 3 BR

05

Expected handover: Jul 2026

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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