Azizi Riviera 16
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 6 months ago01-07-2017
Handover
3 years 3 months ago30-09-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+8+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
Blended: Last 90Dvs Last 12M Baseline
Stable+2%
GrowthCurrent:AED 2,218/sqft
Last 12M:AED 2,169/sqft
Momentum: Last 12Mvs Prior Year
Rising+13%
GrowthLast 12M:AED 2,169/sqft
Prior Year:AED 1,914/sqft
Community Compare: Last 90DMeydan One Community
Premium+5%
Above AvgProject:AED 2,218/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
24Sold (Last 12M)
Supply & Demand Matrix
Azizi Riviera 16 averaged 9% liquidity over the last 12 months, which is considered low. 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
192 units
15 sold177 left
8%
Velocity
1 Bedroom
40 units
5 sold35 left
13%
Velocity
2 Bedrooms
8 units
0 sold8 left
0%
Velocity
3 Bedrooms
8 units
1 sold7 left
13%
Velocity
Shop
14 units
3 sold11 left
21%
Velocity
Layouts & Units (262)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 192units 55 layouts · Typically 1 parking 2-35 sqm balcony | Size Range 148-643sqft | Price Range AED 457K - AED 770K | Avg PSF 1,610 | Sales 41 | Trend — | |
Asset Class 1 Bed FlatFloors 1-8 | Inventory 40units 24 layouts · Typically 1 parking 4-94 sqm balcony | Size Range 415-1,648sqft | Price Range AED 846K - AED 1.2M | Avg PSF 1,367 | Sales 8 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 8units 5 layouts · Typically 1 parking 5-113 sqm balcony | Size Range 405-2,096sqft | Price Range AED 1.3M - AED 1.3M | Avg PSF 1,233 | Sales 1 | Trend — | |
Asset Class 3 Bed FlatFloors 1-8 | Inventory 8units 5 layouts · Typically 1 parking 9-95 sqm balcony | Size Range 1,073-1,931sqft | Price Range AED 1.6M - AED 2.0M | Avg PSF 1,454 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 47,857-47,857sqft | Price Range AED 23.9M - AED 23.9M | Avg PSF 522 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 431-431sqft | Price Range — | Avg PSF 3,170 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 14units 14 layouts · Typically 0.9 parking | Size Range 280-972sqft | Price Range AED 1.4M - AED 2.5M | Avg PSF 2,826 | Sales 5 | Trend — |
Grouped into 7 asset classes covering 262 units