Completed

AZIZI Riviera 39

Name: AZIZI Riviera 39 — Project Passport
Creator: AlSafaqa

byAzizi Developments

Dubai, Meydan, Meydan One, Azizi Riviera, Azizi Riviera 39

Delivery Date: Q1 2024100% construction complete
Units: 171Freehold

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AlSafaqa Project Passport

Project Passport

Official registry identity confirmed

8 evidence-backed facts · Last evidence observed Jul 9, 2026

Investment snapshot

Market snapshot · Studio

Typical sale: AED 640K; Median recorded price
Recorded rate: AED 1,948; Median per sqft
Typical rent: AED 51.7K; Median annual rent
Gross yield: 8.1%; Indicative, before costs
Gross payback: 12.4 years; At current rent
Sales, 12 months: 7; Recorded by the DLD
Active leases: 20; Registered with Ejari

Indicative gross figures from official records. They exclude service charges, vacancy, acquisition costs, financing and other ownership expenses, and are not a valuation.

Overview

About the project

AZIZI Riviera 39 by Azizi Developments is a residential development in Meydan, MBR City, Dubai. The project comprises 69 mid‑rise buildings offering studio and one‑bedroom apartments and incorporates a mixed‑use element with a retail sector alongside landscaped public areas and waterfront frontage. On-site provisions include retail precincts, greenery and waterfront views within the wider Azizi Riviera masterplan. The development is close to key destinations such as Downtown Dubai, Meydan Racecourse and Dubai International Airport, with road access via Al Khail Road and links toward Business Bay and Sheikh Zayed Road.

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Quick facts

Developer: Azizi Developments
Location: Dubai, Meydan, Meydan One, Azizi Riviera, Azizi Riviera 39
Ownership Type: Freehold
Delivery Date: March 2024
Sales started: December 2018
Status: Completed

Number of Units: View official unit mix
Number of Buildings: 1
Property type: Apartment
Availability: Sold out

Verified project record

Project truth

What each source records about this project, and where those sources do not agree.

Confidence: Medium

Official registration: Verified
Project status: Completed
Construction Progress: 100%
Expected handover: Unknown
Availability: Sold out
Last observed: Unknown

Sources: Dubai Land Department registry · AlSafaqa listing record

Recorded market activity

Unit market intelligence

Official Dubai Land Department inventory and recorded sales, alongside live Ejari rental contracts, broken down by bedroom.

Registered units

59

Typical size

299sqft

Size range

290 – 422sqft

Official DLD registered units

Typical sale: AED 640K; Median recorded price
Recorded rate: AED 1,948; Median per sqft
Typical rent: AED 51.7K; Median annual rent
Gross yield: 8.1%; ≈12.4 years to pay back

Recorded sales

AED 600KAED 728.7K

Sales recorded (12 months)7

Most recent sale28 Jul 2026

Rental market

AED 43.5KAED 56.3K

Active contracts20

New leases (4, 90d)AED 39K

Renewals (1, 90d)AED 45K

Gross and indicative, before service charges, vacancy, management, financing and acquisition costs.

Project-wide market · all unit types

14 recorded sales · last 12 monthsMedian AED 853.7K

Nearby Places

Project Location

Dubai, Meydan, Meydan One, Azizi Riviera, Azizi Riviera 39

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No curated nearby places were found in the selected radius.

Project Timeline

Construction Progress

100%

Construction complete

Expected completion

March 2024

Booking StartedDec 2018
Construction StartedDec 2018
Expected CompletionMar 2024

Official DLD status: Completed

Developed by:

Azizi Developments