Azizi Riviera 1

Ready

DeveloperAZIZI DEVELOPMENTS L.L.C

CommunityMeydan One Community

AreaAl Merkadh

Started

8 years 3 months ago01-10-2017

Handover

1 year 5 months ago25-07-2024

Status

CompleteFinished

Project Description

PROJECT CONSISTS OF 2B+G+10+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

Stable

+1%

Growth

Current:AED 1,915/sqft

Last 12M:AED 1,905/sqft

Momentum: Last 12Mvs Prior Year

Falling

-5%

Decline

Last 12M:AED 1,905/sqft

Prior Year:AED 2,005/sqft

Community Compare: Last 90DMeydan One Community

Discount

-3%

Below Avg

Project:AED 1,915/sqft

Community:AED 1,969/sqft

Liquidity: Last 12MExit Speed

Moderate

15%Turnover

58Sold (Last 12M)

Supply & Demand Matrix

Azizi Riviera 1 averaged 15% 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

328 units

51 sold277 left

16%

Velocity

1 Bedroom

50 units

7 sold43 left

14%

Velocity

Layouts & Units (378)

Units	Type	Beds	Size	Avg Price	Last Price	Last Sold	Sales
Units 51 units	Type Flat	Beds Studio	Size 313 sqft	Avg Price AED 615K	Last Price AED 660K	Last Sold 11 days ago	Sales 10

Units 90 units	Type Flat	Beds Studio	Size 309 sqft	Avg Price AED 625K	Last Price AED 665K	Last Sold 3 months ago	Sales 16

Units 68 units	Type Flat	Beds Studio	Size 294 sqft	Avg Price AED 584K	Last Price AED 655K	Last Sold 3 months ago	Sales 8

Units 10 units	Type Flat	Beds Studio	Size 415 sqft	Avg Price AED 617K	Last Price AED 500K	Last Sold 5 months ago	Sales 4

Units 18 units	Type Flat	Beds Studio	Size 303 sqft	Avg Price AED 650K	Last Price AED 665K	Last Sold 5 months ago	Sales 2

Units 43 units	Type Flat	Beds 1 B/R	Size 476 sqft	Avg Price AED 884K	Last Price AED 850K	Last Sold 6 months ago	Sales 5

Units 56 units	Type Flat	Beds Studio	Size 298 sqft	Avg Price AED 630K	Last Price AED 620K	Last Sold 6 months ago	Sales 8

Units 5 units	Type Flat	Beds Studio	Size 422 sqft	Avg Price AED 635K	Last Price AED 635K	Last Sold 6 months ago	Sales 1

Units 6 units	Type Flat	Beds Studio	Size 408 sqft	Avg Price AED 657K	Last Price AED 750K	Last Sold 7 months ago	Sales 3

Units 124	Type Flat	Beds 1 B/R	Size 706 sqft	Avg Price AED 1.0M	Last Price AED 1.0M	Last Sold 9 months ago	Sales 1

Units 227	Type Flat	Beds 1 B/R	Size 676 sqft	Avg Price AED 695K	Last Price AED 695K	Last Sold 12 months ago	Sales 1

Units 225	Type Flat	Beds 1 B/R	Size 586 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 104	Type Flat	Beds 1 B/R	Size 701 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 3 units	Type Flat	Beds 1 B/R	Size 710 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 8 units	Type Flat	Beds Studio	Size 292 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 229	Type Flat	Beds Studio	Size 319 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 4 units	Type Flat	Beds Studio	Size 352 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 220	Type Flat	Beds Studio	Size 360 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 405 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 2 units	Type Flat	Beds Studio	Size 423 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 2 units	Type Flat	Beds Studio	Size 436 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

Units 128	Type Flat	Beds Studio	Size 442 sqft	Avg Price —	Last Price —	Last Sold —	Sales —

23 unique layouts covering 378 units