Azizi Riviera 35
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 3 months ago01-10-2017
Handover
2 years 4 months ago14-09-2023
Status
CompleteFinished
Project Description
1 Residential and Commercial Building, 2B+ G+ 7 Floors+ Roof with internal and external finishes
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-14%Decline
Current:AED 1,947/sqft
Last 12M:AED 2,271/sqft
Momentum: Last 12Mvs Prior Year
Rising+29%Growth
Last 12M:AED 2,271/sqft
Prior Year:AED 1,764/sqft
Community Compare: Last 90DMeydan One Community
Discount-8%Below Avg
Project:AED 1,947/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low9%Turnover
22Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,750/sqft
Range:AED 469 – AED 7K
Avg Unit:AED 73K/yr
Leasing Volume: L12MContracts Signed
Very Active157Total
New:123
Renew:34
Tenant RetentionRenewal Rate
Fair22%renewals
78% new tenants22% renewals
Gross YieldAnnual Return
High Yield89.9%Yield
Rent:AED 1,750/sqft
Price:AED 1,947/sqft
Supply & Demand Matrix
Azizi Riviera 35 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
163 units
11 sold152 left
7%
Velocity
1 Bedroom
59 units
8 sold51 left
14%
Velocity
2 Bedrooms
7 units
1 sold6 left
14%
Velocity
3 Bedrooms
4 units
0 sold4 left
0%
Velocity
Shop
19 units
2 sold17 left
11%
Velocity
Layouts & Units (252)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 163units 40 layouts · Typically 1 parking 2-17 sqm balcony | Size Range 301-527sqft | Price Range AED 515K - AED 779K | Avg PSF 1,513 | Sales 23 | Trend — | |
Asset Class 1 Bed FlatFloors 1-7 | Inventory 59units 22 layouts · Typically 1 parking 2-122 sqm balcony | Size Range 468-1,909sqft | Price Range AED 796K - AED 1.2M | Avg PSF 1,498 | Sales 13 | Trend — | |
Asset Class 2 Bed FlatFloors 1-7 | Inventory 7units 2 layouts · Typically 1 parking 6-48 sqm balcony | Size Range 875-1,333sqft | Price Range AED 1.4M - AED 1.6M | Avg PSF 1,445 | Sales 2 | Trend — | |
Asset Class 3 Bed FlatFloors 1-7 | Inventory 4units 4 layouts · Typically 1 parking 4-93 sqm balcony | Size Range 1,059-1,933sqft | Price Range AED 2.1M - AED 2.1M | Avg PSF 1,164 | Sales 1 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 49,241-49,241sqft | Price Range AED 24.6M - AED 24.6M | Avg PSF 500 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 372-474sqft | Price Range — | Avg PSF 8,391 | Sales 0 | Trend — | |
Asset Class ShopPodium | Inventory 19units 18 layouts · Typically 0.5 parking | Size Range 303-1,190sqft | Price Range AED 2.0M - AED 3.4M | Avg PSF 3,425 | Sales 2 | Trend — |
Grouped into 7 asset classes covering 252 units