Azizi Riviera 6
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
Residential / commercial project consist of: 2B + G + 9 + Roof with internal and external finishes
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Rising+26%Growth
Current:AED 2,478/sqft
Last 12M:AED 1,974/sqft
Momentum: Last 12Mvs Prior Year
Falling-25%Decline
Last 12M:AED 1,974/sqft
Prior Year:AED 2,626/sqft
Community Compare: Last 90DMeydan One Community
Premium+17%Above Avg
Project:AED 2,478/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Moderate14%Turnover
23Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,530/sqft
Range:AED 555 – AED 4K
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Very Active107Total
New:73
Renew:34
Tenant RetentionRenewal Rate
Fair32%renewals
68% new tenants32% renewals
Gross YieldAnnual Return
High Yield61.7%Yield
Rent:AED 1,530/sqft
Price:AED 2,478/sqft
Supply & Demand Matrix
Azizi Riviera 6 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
92 units
16 sold76 left
17%
Velocity
1 Bedroom
47 units
5 sold42 left
11%
Velocity
2 Bedrooms
5 units
0 sold5 left
0%
Velocity
Shop
16 units
2 sold14 left
13%
Velocity
Layouts & Units (160)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-9 | Inventory 92units 24 layouts · Typically 1 parking 4-26 sqm balcony | Size Range 194-615sqft | Price Range AED 300K - AED 860K | Avg PSF 1,569 | Sales 21 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 47units 23 layouts · Typically 1 parking 5-89 sqm balcony | Size Range 343-1,590sqft | Price Range AED 964K - AED 1.4M | Avg PSF 1,350 | Sales 9 | Trend — | |
Asset Class 2 Bed FlatFloors 5-9 | Inventory 5units 3 layouts · Typically 1 parking ~27 sqm balcony | Size Range 1,279-1,301sqft | Price Range — | Avg PSF 1,256 | Sales 0 | Trend — | |
Asset Class Building | Inventory 0units | Size Range 30,338-30,338sqft | Price Range AED 18.2M - AED 18.2M | Avg PSF 600 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 16units 13 layouts · Typically 0.2 parking | Size Range 259-1,470sqft | Price Range AED 900K - AED 1.1M | Avg PSF 3,229 | Sales 5 | Trend — |
Grouped into 5 asset classes covering 160 units