Azizi Riviera 5
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
8 years 6 months ago01-07-2017
Handover
2 years 8 months ago25-05-2023
Status
CompleteFinished
Project Description
PROJECT CONSISTS OF RESIDENTIAL/COMMERCIAL BUILDING 2B+G+9+R with internal and external finishes
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+6%Growth
Current:AED 1,952/sqft
Last 12M:AED 1,836/sqft
Momentum: Last 12Mvs Prior Year
Falling-13%Decline
Last 12M:AED 1,836/sqft
Prior Year:AED 2,104/sqft
Community Compare: Last 90DMeydan One Community
At Market-2%Below Avg
Project:AED 2,080/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
12Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,530/sqft
Range:AED 77 – AED 6K
Avg Unit:AED 78K/yr
Leasing Volume: L12MContracts Signed
Very Active150Total
New:98
Renew:52
Tenant RetentionRenewal Rate
Fair35%renewals
65% new tenants35% renewals
Gross YieldAnnual Return
High Yield78.4%Yield
Rent:AED 1,530/sqft
Price:AED 1,952/sqft
Supply & Demand Matrix
Azizi Riviera 5 averaged 5% 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
118 units
8 sold110 left
7%
Velocity
1 Bedroom
79 units
4 sold75 left
5%
Velocity
Shop
24 units
0 sold24 left
0%
Velocity
Layouts & Units (221)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-9 | Inventory 118units 32 layouts · Typically 1 parking 3-12 sqm balcony | Size Range 241-491sqft | Price Range AED 550K - AED 875K | Avg PSF 1,567 | Sales 21 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 79units 57 layouts · Typically 1 parking 7-39 sqm balcony | Size Range 387-990sqft | Price Range AED 480K - AED 2.2M | Avg PSF 1,341 | Sales 14 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 39,235-39,235sqft | Price Range AED 25.9M - AED 25.9M | Avg PSF 760 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 24units 24 layouts | Size Range 276-1,962sqft | Price Range AED 1.2M - AED 1.8M | Avg PSF 3,107 | Sales 2 | Trend — |
Grouped into 4 asset classes covering 221 units