AZIZI RIVIERA AZURE
ResaleDeveloperAZIZI DEVELOPMENTS L.L.C
CommunityMeydan One Community
AreaAl Merkadh
Started
3 years 2 months ago08-11-2022
Handover
5 months ago30-07-2025
Status
CompleteFinished
Project Description
Residential / Apartments + External Services + Services D 2B + G + 9 + 1R.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
Rising+7%Growth
Current:AED 2,892/sqft
Last 12M:AED 2,703/sqft
Momentum: Last 12Mvs Prior Year
—No sales in period
Community Compare: Last 90DMeydan One Community
Premium+37%Above Avg
Project:AED 2,892/sqft
Community:AED 2,118/sqft
Liquidity: Last 12MExit Speed
Low5%Turnover
6Sold (Last 12M)
Rental Performance
Rent Pricing: L12MPer Sqft / Year
AED 1,445/sqft
Range:AED 1K – AED 2K
Avg Unit:AED 80K/yr
Leasing Volume: L12MContracts Signed
Active53Total
New:53
Renew:0
Tenant RetentionRenewal Rate
Low0%renewals
100% new tenants0% renewals
Gross YieldAnnual Return
High Yield50.0%Yield
Rent:AED 1,445/sqft
Price:AED 2,892/sqft
Supply & Demand Matrix
AZIZI RIVIERA AZURE 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
35 units
2 sold33 left
6%
Velocity
1 Bedroom
58 units
2 sold56 left
3%
Velocity
2 Bedrooms
22 units
2 sold20 left
9%
Velocity
5 Bedrooms
3 units
0 sold3 left
0%
Velocity
Shop
6 units
0 sold6 left
0%
Velocity
Layouts & Units (124)
| Asset Class | Inventory | Size Range | Price Range | Avg PSF | Sales | Trend | |
|---|---|---|---|---|---|---|---|
Asset Class Studio FlatFloors 1-7 | Inventory 35units 29 layouts · Typically 1 parking 4-13 sqm balcony | Size Range 339-440sqft | Price Range AED 1.1M - AED 1.3M | Avg PSF 3,085 | Sales 2 | Trend — | |
Asset Class 1 Bed FlatFloors 1-7 | Inventory 58units 54 layouts · Typically 1 parking 5-25 sqm balcony | Size Range 626-979sqft | Price Range AED 1.8M - AED 1.8M | Avg PSF 2,445 | Sales 2 | Trend — | |
Asset Class 2 Bed FlatFloors 1-8 | Inventory 22units 18 layouts · Typically 1 parking 10-36 sqm balcony | Size Range 724-1,185sqft | Price Range AED 2.2M - AED 2.3M | Avg PSF 2,613 | Sales 2 | Trend — | |
Asset Class 5 Bed FlatFloor 8 | Inventory 3units 3 layouts · Typically 2 parking 216-242 sqm balcony | Size Range 7,291-7,913sqft | Price Range — | Avg PSF — | Sales 0 | Trend — | |
Asset Class Land | Inventory 0units | Size Range 30,019-30,019sqft | Price Range AED 18.0M - AED 18.0M | Avg PSF 600 | Sales 1 | Trend — | |
Asset Class ShopPodium | Inventory 6units 6 layouts · Typically 1.3 parking | Size Range 510-2,175sqft | Price Range — | Avg PSF 8,915 | Sales 0 | Trend — |
Grouped into 6 asset classes covering 124 units