Azizi Riviera 18
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 1 month ago15-12-2017
Handover
2 years 6 months ago14-07-2023
Status
CompleteFinished
Project Description
Residential/commercial project consists of 1 building 2B+G+8 with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-5%Decline
Current:AED 1,763/sqft
Last 12M:AED 1,857/sqft
Momentum: Last 12Mvs Prior Year
Rising+7%Growth
Last 12M:AED 1,857/sqft
Prior Year:AED 1,736/sqft
Community Compare: Last 90DMeydan One Community
Discount-17%Below Avg
Project:AED 1,763/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low7%Turnover
19Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,547/sqft
Range:AED 967 – AED 4K
Avg Unit:AED 63K/yr
Leasing Volume: L12MContracts Signed
Very Active181Total
New:122
Renew:59
Tenant RetentionRenewal Rate
Fair33%renewals
67% new tenants33% renewals
Gross YieldAnnual Return
High Yield87.7%Yield
Rent:AED 1,547/sqft
Price:AED 1,763/sqft
Supply & Demand Matrix
Azizi Riviera 18 averaged 7% 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
72 units
1 sold71 left
1%
Velocity
2 Bedrooms
14 units
2 sold12 left
14%
Velocity
Shop
4 units
1 sold3 left
25%
Velocity
Layouts & Units (282)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-8 | Inventory 192units 64 layouts · Typically 1 parking 3-13 sqm balcony | Size Range 304-407sqft | Price Range AED 471K - AED 800K | Avg PSF 1,477 | Sales 39 | Trend — | |
Asset Class 1 Bed FlatFloors 1-8 | Inventory 72units 27 layouts · Typically 1 parking 6-35 sqm balcony | Size Range 509-855sqft | Price Range AED 600K - AED 1.6M | Avg PSF 1,402 | Sales 11 | Trend — | |
Asset Class 2 Bed FlatFloors 2-8 | Inventory 14units 7 layouts · Typically 1 parking 17-25 sqm balcony | Size Range 901-998sqft | Price Range AED 1.4M - AED 2.1M | Avg PSF 1,293 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 48,363-48,363sqft | Price Range AED 24.2M - AED 24.2M | Avg PSF 532 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 331-742sqft | Price Range — | Avg PSF 7,421 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 4units 4 layouts | Size Range 314-1,134sqft | Price Range AED 1.6M - AED 3.6M | Avg PSF 3,599 | Sales 2 | Trend — |
Grouped into 6 asset classes covering 282 units