Studio, Azizi Riviera 1 tower
Dubai, Meydan, Azizi Riviera 1
Dubai Mall
10-min drive
30 m²
Property area
Q4 2023
Handover year
3 out of 11
Floor
1
Bathroom(s)
Built-in wardrobes
Underground parking
Security
Swimming pool
Spa area
Balcony
AC
Stunning views
Kitchen appliances
Gym
$153 425 ($5 114/m²)
560 000 AED
Rental yield: 6,60%
Burj Khalifa
10-min drive
Price growth rate per year: 10,7%
TOTAL INVESTMENT AMOUNT: $177 491
TOTAL RENTAL YIELD PER YEAR: $18 740
EXPENSES PER YEAR: $7 025
NET RENTAL YIELD PER YEAR: $11 715
or 6,60%
- Unit price: $153 425
- Renovation price: $685
- Furnishings: $8 219
- Commission: $3 222
- DLD fee payment: $6 296
- Transaction registration: $1 151
- Transaction legal support: $1 370
- Power of attorney: $822
- Manager cheque: $2 301
TOTAL RENTAL YIELD PER YEAR: $18 740
- Rent payments: $1 562 / $18 740
EXPENSES PER YEAR: $7 025
- Service charge: $1 195
- Utilities: $658
- Internet: $1 266
- AC: $986
- AC maintenance: $110
- Management commission: $2 811
NET RENTAL YIELD PER YEAR: $11 715
or 6,60%
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Apartment in a new building 10 minutes away from Burj Khalifa and Dubai Mall
Azizi Riviera 1 is a building in the new large scale residential Azizi Riviera development in Mohammed Bin Rashid City. The project belongs to the Meydan neighborhood and is located near the racecourse and the golf course, and additionally 10 minutes from Downtown.
A distinctive feature of the complex is a crystal lagoon with desalinated water, designed for bathing residents of the area. The development area will include several parks and walking areas. Nearby will be located Meydan One Mall, which includes an indoor ski slope and exceeds the size of Dubai Mall.
Key tower features:
Azizi Riviera 1 is a building in the new large scale residential Azizi Riviera development in Mohammed Bin Rashid City. The project belongs to the Meydan neighborhood and is located near the racecourse and the golf course, and additionally 10 minutes from Downtown.
A distinctive feature of the complex is a crystal lagoon with desalinated water, designed for bathing residents of the area. The development area will include several parks and walking areas. Nearby will be located Meydan One Mall, which includes an indoor ski slope and exceeds the size of Dubai Mall.
- Studio
- 1 bathroom
- 1 balcony
- Area: 30 sqm
- 3 floor (out of 11)
- Without furniture, with appliances
- 1 parking place
Key tower features:
- new building in a new neighborhood;
- crystal lagoon with swimming;
- beach with a length of more than 2 km;
- restaurants;
- stores and supermarkets;
- promenades;
- public parks;
- swimming pool;
- barbecue areas;
- children's playgrounds.
Meydan is located in the Dubai center near the Dubai Bay, only a few minutes by car from the DXB Dubai International Airport. Its central location provides easy access to the major road arteries and public transport, which makes it convenient for residents and tourists.
One of the main features of Meydan is the modern racehorsing facility called Meydan Racecourse. The most prestigious racing tournament in the world, the Dubai World Cup is hosted here, which attracts attention both globally and locally.
The district is also home to the ambitious Meydan One megadevelopment, which includes the Meydan Mall that is expected to become one of the largest shopping malls in the world. It’s set to provide unique shopping experience and entertainment, as it has such features as a ski slope, a huge indoor sports complex, and additionally plenty of shopping and dining spots.
One of the main features of Meydan is the modern racehorsing facility called Meydan Racecourse. The most prestigious racing tournament in the world, the Dubai World Cup is hosted here, which attracts attention both globally and locally.
The district is also home to the ambitious Meydan One megadevelopment, which includes the Meydan Mall that is expected to become one of the largest shopping malls in the world. It’s set to provide unique shopping experience and entertainment, as it has such features as a ski slope, a huge indoor sports complex, and additionally plenty of shopping and dining spots.