Azizi Riviera 16

Ready

DeveloperAZIZI DEVELOPMENTS L.L.C

CommunityMeydan One Community

AreaAl Merkadh

Started

8 years 6 months ago01-07-2017

Handover

3 years 3 months ago30-09-2022

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF 2B+G+8+R RESIDENTIAL BUILDING WITH RETAIL AT GROUND FLOOR LOCATED IN AL MERKADH. THE APARTMENTS ARE DESIGNED TO HAVE A CONCRETE STRUCTURE AND BLOCK WITH INTERNAL AND EXTERNAL FINISHES.

Performance Alpha

Momentum: Last 90Dvs Last 12M Baseline

Falling

-3%

Decline

Current:AED 2,135/sqft

Last 12M:AED 2,203/sqft

Momentum: Last 12Mvs Prior Year

Rising

+17%

Growth

Last 12M:AED 2,203/sqft

Prior Year:AED 1,888/sqft

Community Compare: Last 90DMeydan One Community

Premium

+8%

Above Avg

Project:AED 2,135/sqft

Community:AED 1,969/sqft

Liquidity: Last 12MExit Speed

Low

9%Turnover

24Sold (Last 12M)

Supply & Demand Matrix

Azizi Riviera 16 averaged 9% 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

192 units

15 sold177 left

Velocity

1 Bedroom

40 units

5 sold35 left

13%

Velocity

2 Bedrooms

8 units

0 sold8 left

Velocity

3 Bedrooms

8 units

1 sold7 left

13%

Velocity

Shop

14 units

3 sold11 left

21%

Velocity

Layouts & Units (262)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 11 units	Type Flat	Beds Studio	Size 292 sqft	Avg Price AED 586K	Last Price AED 650K	Last Sold about 1 month ago	Sales 2

Units 143 units	Type Flat	Beds Studio	Size 295 sqft	Avg Price AED 573K	Last Price AED 655K	Last Sold about 2 months ago	Sales 28

Units 7 units	Type Flat	Beds 1 B/R	Size 574 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 3 months ago	Sales 2

Units 3 units	Type Flat	Beds 1 B/R	Size 584 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 5 months ago	Sales 1

Units 2 units	Type Flat	Beds Studio	Size 595 sqft	Avg Price AED 660K	Last Price AED 660K	Last Sold 5 months ago	Sales 1

Units 14 units	Type Flat	Beds 1 B/R	Size 498 sqft	Avg Price AED 944K	Last Price AED 1.1M	Last Sold 8 months ago	Sales 3

Units 7 units	Type Flat	Beds 3 B/R	Size 1,075 sqft	Avg Price AED 1.8M	Last Price AED 2.0M	Last Sold 8 months ago	Sales 2

Units 5 units	Type Flat	Beds Studio	Size 442 sqft	Avg Price AED 684K	Last Price AED 750K	Last Sold 8 months ago	Sales 3

Units 4 units	Type Flat	Beds 1 B/R	Size 525 sqft	Avg Price AED 1.1M	Last Price AED 1.1M	Last Sold 8 months ago	Sales 1

Units 14 units	Type Flat	Beds Studio	Size 298 sqft	Avg Price AED 564K	Last Price AED 610K	Last Sold 12 months ago	Sales 5

Units 113	Type Flat	Beds Studio	Size 461 sqft	Avg Price AED 750K	Last Price AED 750K	Last Sold about 1 year ago	Sales 1

Units 5 units	Type Flat	Beds Studio	Size 433 sqft	Avg Price AED 650K	Last Price AED 650K	Last Sold about 1 year ago	Sales 1

Units 4 units	Type Flat	Beds 1 B/R	Size 581 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold over 1 year ago	Sales 1

Units 7 units	Type Flat	Beds 2 B/R	Size 810 sqft	Avg Price AED 1.3M	Last Price AED 1.3M	Last Sold over 1 year ago	Sales 1

Units RETAIL-14	Type Shop	Beds —	Size 280 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-01	Type Shop	Beds —	Size 401 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-07	Type Shop	Beds —	Size 413 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-08	Type Shop	Beds —	Size 456 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-13	Type Shop	Beds —	Size 474 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-03	Type Shop	Beds —	Size 510 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-05	Type Shop	Beds —	Size 546 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Shop	Beds —	Size 577 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-10	Type Shop	Beds —	Size 637 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-02	Type Shop	Beds —	Size 712 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-04	Type Shop	Beds —	Size 888 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units RETAIL-09	Type Shop	Beds —	Size 969 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 518 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 123	Type Flat	Beds 1 B/R	Size 824 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 122	Type Flat	Beds 1 B/R	Size 830 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 108	Type Flat	Beds 1 B/R	Size 1,047 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 131	Type Flat	Beds 1 B/R	Size 1,149 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 101	Type Flat	Beds 1 B/R	Size 1,525 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 115	Type Flat	Beds 2 B/R	Size 1,973 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 114	Type Flat	Beds 3 B/R	Size 1,929 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds Studio	Size 432 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds Studio	Size 541 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 102	Type Flat	Beds Studio	Size 546 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 549 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 103	Type Flat	Beds Studio	Size 643 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

39 unique layouts covering 262 units