AZIZI RIVIERA 61
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
2 years 3 months ago12-10-2023
Handover
9 months ago27-03-2025
Status
CompleteFinished
Project Description
(2B+G+9+R), Residential and Commercial Building
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Falling-8%Decline
Current:AED 2,129/sqft
Last 12M:AED 2,314/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DMeydan One Community
At Market+2%Above Avg
Project:AED 2,151/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low8%Turnover
18Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,513/sqft
Range:AED 1K – AED 5K
Avg Unit:AED 69K/yr
Leasing Volume: L12MContracts Signed
Very Active152Total
New:152
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield71.1%Yield
Rent:AED 1,513/sqft
Price:AED 2,129/sqft
Supply & Demand Matrix
AZIZI RIVIERA 61 averaged 8% 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
141 units
9 sold132 left
6%
Velocity
1 Bedroom
54 units
6 sold48 left
11%
Velocity
2 Bedrooms
36 units
2 sold34 left
6%
Velocity
Shop
9 units
1 sold8 left
11%
Velocity
Layouts & Units (240)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-9 | Inventory 141units 29 layouts · Typically 1 parking 3-15 sqm balcony | Size Range 174-461sqft | Price Range AED 700K - AED 897K | Avg PSF 2,371 | Sales 9 | Trend — | |
Asset Class 1 Bed FlatFloors 1-9 | Inventory 54units 19 layouts · Typically 1 parking 10-26 sqm balcony | Size Range 52-837sqft | Price Range AED 1.1M - AED 1.5M | Avg PSF 2,189 | Sales 6 | Trend — | |
Asset Class 2 Bed FlatFloors 1-9 | Inventory 36units 14 layouts · Typically 1 parking 11-50 sqm balcony | Size Range 379-1,182sqft | Price Range AED 1.6M - AED 1.6M | Avg PSF 2,055 | Sales 2 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 49,418-49,418sqft | Price Range AED 24.7M - AED 24.7M | Avg PSF 500 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 9units 9 layouts · Typically 1 parking | Size Range 451-898sqft | Price Range AED 3.4M - AED 3.4M | Avg PSF 6,690 | Sales 1 | Trend — |
Grouped into 5 asset classes covering 240 units