
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.
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.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Riviera Rêve launch basis | 2,600 | AED 2.34M | Current launch / asking basis |
| Azizi Riviera at Meydan One ready-stock comps | 1,700 | AED 1.53M | Indicative resale benchmark |
| Azizi Riviera at Meydan One premium peer launches | 2,100 | AED 1.89M | New-launch peer set |
| Trophy alternative proxy | 2,600 | AED 2.34M | Higher-end anchor for negotiation context |

























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Astraterra Properties
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Azizi Riviera at Meydan One
Riviera Rêve by Azizi Developments
Located in Azizi Riviera at Meydan One
Starting from AED 2,340,000
Unit mix includes Retail, 1 BR, 2 BR, 3 BR
Expected handover: Jul 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
High-ticket buyer routing · Branded / luxury filtering · Serious capital only
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