Azizi Riviera 40
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
7 years 1 month ago12-12-2018
Handover
1 year 8 months ago16-05-2024
Status
CompleteFinished
Project Description
1 Building, Commercial+Residential 2B+G+ 10+R ; with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable-2%Decline
Current:AED 2,188/sqft
Last 12M:AED 2,225/sqft
Momentum: Last 12Mvs Prior Year
Rising+4%Growth
Last 12M:AED 2,225/sqft
Prior Year:AED 2,149/sqft
Community Compare: Last 90DMeydan One Community
At Market+2%Above Avg
Project:AED 2,157/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
23Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,812/sqft
Range:AED 313 – AED 9K
Avg Unit:AED 79K/yr
Leasing Volume: L12MContracts Signed
Very Active104Total
New:91
Renew:13
Tenant RetentionRenewal Rate
Low13%renewals
87% new tenants13% renewals
Gross YieldAnnual Return
High Yield82.8%Yield
Rent:AED 1,812/sqft
Price:AED 2,188/sqft
Supply & Demand Matrix
Azizi Riviera 40 averaged 14% 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
70 units
15 sold55 left
21%
Velocity
1 Bedroom
39 units
2 sold37 left
5%
Velocity
2 Bedrooms
30 units
2 sold28 left
7%
Velocity
3 Bedrooms
10 units
3 sold7 left
30%
Velocity
Shop
16 units
1 sold15 left
6%
Velocity
Layouts & Units (165)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-10 | Inventory 70units 31 layouts · Typically 1 parking 5-17 sqm balcony | Size Range 306-433sqft | Price Range AED 508K - AED 985K | Avg PSF 1,808 | Sales 17 | Trend — | |
Asset Class 1 Bed FlatFloors 1-10 | Inventory 39units 25 layouts · Typically 1 parking 3-115 sqm balcony | Size Range 488-1,708sqft | Price Range AED 1.0M - AED 1.1M | Avg PSF 1,563 | Sales 4 | Trend — | |
Asset Class 2 Bed FlatFloors 1-10 | Inventory 30units 16 layouts · Typically 1 parking 5-90 sqm balcony | Size Range 786-1,722sqft | Price Range AED 1.3M - AED 2.2M | Avg PSF 1,570 | Sales 3 | Trend — | |
Asset Class 3 Bed FlatFloors 1-10 | Inventory 10units 9 layouts · Typically 1 parking 5-105 sqm balcony | Size Range 979-2,062sqft | Price Range AED 1.9M - AED 2.9M | Avg PSF 1,616 | Sales 4 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 31,057-31,057sqft | Price Range AED 18.6M - AED 18.6M | Avg PSF 600 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 16units 16 layouts · Typically 0.3 parking | Size Range 242-2,634sqft | Price Range AED 1.7M - AED 1.7M | Avg PSF 3,565 | Sales 2 | Trend — |
Grouped into 6 asset classes covering 165 units