Azizi Riviera 23
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 2 months ago01-11-2017
Handover
3 years ago31-12-2022
Status
CompleteFinished
Project Description
Residential & Retail project consists of 1 building: 2B+G+10 floors with internal and external finishes.
Performance Alpha
Blended: Last 90Dvs Last 12M Baseline
Falling-15%
DeclineCurrent:AED 1,745/sqft
Last 12M:AED 2,043/sqft
Momentum: Last 12Mvs Prior Year
Stable+2%
GrowthLast 12M:AED 2,043/sqft
Prior Year:AED 2,010/sqft
Community Compare: Last 90DMeydan One Community
Discount-18%
Below AvgProject:AED 1,745/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low6%Turnover
16Sold (Last 12M)
Supply & Demand Matrix
Azizi Riviera 23 averaged 6% 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
136 units
9 sold127 left
7%
Velocity
1 Bedroom
63 units
4 sold59 left
6%
Velocity
2 Bedrooms
18 units
0 sold18 left
0%
Velocity
3 Bedrooms
9 units
2 sold7 left
22%
Velocity
Shop
22 units
1 sold21 left
5%
Velocity
Layouts & Units (248)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 136units 30 layouts · Typically 1 parking 4-18 sqm balcony | Size Range 174-483sqft | Price Range AED 597K - AED 928K | Avg PSF 1,587 | Sales 14 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 63units 29 layouts · Typically 1 parking 2-41 sqm balcony | Size Range 472-913sqft | Price Range AED 730K - AED 1.3M | Avg PSF 1,600 | Sales 7 | Trend — | |
Asset Class 2 Bed FlatFloors 2-10 | Inventory 18units 8 layouts · Typically 1 parking 7-11 sqm balcony | Size Range 147-855sqft | Price Range AED 1.4M - AED 1.5M | Avg PSF 1,462 | Sales 2 | Trend — | |
Asset Class 3 Bed FlatFloors 2-10 | Inventory 9units 4 layouts · Typically 1.1 parking ~10 sqm balcony | Size Range 1,106-1,118sqft | Price Range AED 2.1M - AED 2.2M | Avg PSF 1,531 | Sales 2 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 41,871-41,871sqft | Price Range AED 27.6M - AED 27.6M | Avg PSF 660 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 912-912sqft | Price Range — | Avg PSF 7,037 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 22units 21 layouts · Typically 0.4 parking | Size Range 258-1,545sqft | Price Range AED 1.9M - AED 2.0M | Avg PSF 2,922 | Sales 2 | Trend — |
Grouped into 7 asset classes covering 248 units