AZIZI RIVIERA 63
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
2 years 7 months ago26-05-2023
Handover
11 months ago13-02-2025
Status
CompleteFinished
Project Description
2B+G+7+1R Residential.The project designed to have a concrete structure and block with internal and external finishes.
Performance Alpha
Sales Performance
Blended: Last 90Dvs Last 12M Baseline
Stable-1%Decline
Current:AED 2,092/sqft
Last 12M:AED 2,111/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DMeydan One Community
Premium+25%Above Avg
Project:AED 2,648/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
High20%Turnover
24Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,515/sqft
Range:AED 932 – AED 2K
Avg Unit:AED 65K/yr
Leasing Volume: L12MContracts Signed
Very Active80Total
New:80
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield72.4%Yield
Rent:AED 1,515/sqft
Price:AED 2,092/sqft
Supply & Demand Matrix
AZIZI RIVIERA 63 averaged 20% liquidity over the last 12 months, which is considered high. 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
65 units
22 sold43 left
34%
Velocity
1 Bedroom
44 units
1 sold43 left
2%
Velocity
2 Bedrooms
7 units
1 sold6 left
14%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (122)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 65units 24 layouts · Typically 1 parking 7-13 sqm balcony | Size Range 195-407sqft | Price Range AED 650K - AED 903K | Avg PSF 2,473 | Sales 22 | Trend — | |
Asset Class 1 Bed FlatFloors 1-7 | Inventory 44units 17 layouts · Typically 1 parking 7-19 sqm balcony | Size Range 329-669sqft | Price Range AED 1.0M - AED 1.0M | Avg PSF 2,451 | Sales 1 | Trend — | |
Asset Class 2 Bed FlatFloors 1-7 | Inventory 7units 2 layouts · Typically 1 parking 15-28 sqm balcony | Size Range 741-896sqft | Price Range AED 1.7M - AED 1.7M | Avg PSF 2,327 | Sales 1 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 29,591-29,591sqft | Price Range AED 14.8M - AED 14.8M | Avg PSF 500 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 1 parking | Size Range 317-1,245sqft | Price Range — | Avg PSF 6,412 | Sales 0 | Trend — |
Grouped into 5 asset classes covering 122 units