Azizi Riviera 4
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 3 months ago01-10-2017
Handover
3 years 3 months ago30-09-2022
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF 2B+G+9+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+3%Growth
Current:AED 1,966/sqft
Last 12M:AED 1,917/sqft
Momentum: Last 12Mvs Prior Year
Rising+18%Growth
Last 12M:AED 1,917/sqft
Prior Year:AED 1,618/sqft
Community Compare: Last 90DMeydan One Community
Discount-7%Below Avg
Project:AED 1,966/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Moderate13%Turnover
27Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,624/sqft
Range:AED 385 – AED 6K
Avg Unit:AED 65K/yr
Leasing Volume: L12MContracts Signed
Very Active154Total
New:99
Renew:55
Tenant RetentionRenewal Rate
Fair36%renewals
64% new tenants36% renewals
Gross YieldAnnual Return
High Yield82.6%Yield
Rent:AED 1,624/sqft
Price:AED 1,966/sqft
Supply & Demand Matrix
Azizi Riviera 4 averaged 13% 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
132 units
15 sold117 left
11%
Velocity
1 Bedroom
44 units
7 sold37 left
16%
Velocity
2 Bedrooms
8 units
1 sold7 left
13%
Velocity
3 Bedrooms
8 units
2 sold6 left
25%
Velocity
Shop
20 units
2 sold18 left
10%
Velocity
Layouts & Units (212)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-9 | Inventory 132units 32 layouts · Typically 1 parking 2-15 sqm balcony | Size Range 124-481sqft | Price Range AED 438K - AED 897K | Avg PSF 1,515 | Sales 30 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 44units 20 layouts · Typically 1 parking 7-38 sqm balcony | Size Range 556-881sqft | Price Range AED 665K - AED 1.3M | Avg PSF 1,379 | Sales 11 | Trend — | |
Asset Class 2 Bed FlatFloors 2-9 | Inventory 8units 4 layouts · Typically 1 parking 12-13 sqm balcony | Size Range 859-876sqft | Price Range AED 1.3M - AED 1.5M | Avg PSF 1,334 | Sales 2 | Trend — | |
Asset Class 3 Bed FlatFloors 2-9 | Inventory 8units 4 layouts · Typically 1 parking ~12 sqm balcony | Size Range 1,105-1,111sqft | Price Range AED 1.8M - AED 2.0M | Avg PSF 1,339 | Sales 3 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 37,871-37,871sqft | Price Range AED 22.7M - AED 22.7M | Avg PSF 600 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 20units 18 layouts | Size Range 220-3,103sqft | Price Range AED 800K - AED 1.0M | Avg PSF 2,922 | Sales 2 | Trend — |
Grouped into 6 asset classes covering 212 units