Azizi Riviera 1
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 3 months ago01-10-2017
Handover
1 year 6 months ago25-07-2024
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+10+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL MERKADH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+13%Growth
Current:AED 2,162/sqft
Last 12M:AED 1,905/sqft
Momentum: Last 12Mvs Prior Year
Falling-5%Decline
Last 12M:AED 1,905/sqft
Prior Year:AED 2,005/sqft
Community Compare: Last 90DMeydan One Community
Discount-3%Below Avg
Project:AED 2,059/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Moderate15%Turnover
58Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,760/sqft
Range:AED 976 – AED 16K
Avg Unit:AED 56K/yr
Leasing Volume: L12MContracts Signed
Very Active298Total
New:295
Renew:3
Tenant RetentionRenewal Rate
Low1%renewals
99% new tenants1% renewals
Gross YieldAnnual Return
High Yield81.4%Yield
Rent:AED 1,760/sqft
Price:AED 2,162/sqft
Supply & Demand Matrix
Azizi Riviera 1 averaged 15% liquidity over the last 12 months, which is considered moderate. High velocity indicates an active secondary market with easier exit potential. Lower velocity suggests long-term holds or cooling demand.
Type
Absorption (L12M)
Velocity
Studio
328 units
51 sold277 left
16%
Velocity
1 Bedroom
50 units
7 sold43 left
14%
Velocity
Layouts & Units (378)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 328units 82 layouts · Typically 1 parking 2-18 sqm balcony | Size Range 148-442sqft | Price Range AED 350K - AED 823K | Avg PSF 1,552 | Sales 53 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 50units 14 layouts · Typically 1 parking 2-26 sqm balcony | Size Range 236-711sqft | Price Range AED 695K - AED 1.0M | Avg PSF 1,294 | Sales 7 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 53,510-53,510sqft | Price Range AED 26.8M - AED 26.8M | Avg PSF 500 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 432-432sqft | Price Range — | Avg PSF 6,406 | Sales 0 | Trend — |
Grouped into 4 asset classes covering 378 units